Financial Times recognizes CoolIT Systems as one of the fastest growing companies in the Americas for 2023

Calgary, Alberta – CoolIT Systems, the global leader in advanced cooling technology, has been recognized as one of “The Americas’ Fastest Growing Companies 2023” by Financial Times, solidifying its standing as a company with exceptional growth potential. The esteemed title was awarded to the top 500 companies in the Americas that achieved the highest compound annual growth in revenues between 2018 and 2021.

Outstanding Technology Portfolio and Enterprise Adoption of Direct Liquid Cooling

CoolIT Systems’ outstanding technology portfolio, tier-1 server OEM customers, and mainstream enterprise adoption of data center Direct Liquid Cooling have been instrumental in its ascent to a leadership position in the cooling solutions segment. CoolIT Systems’ VP of Manufacturing , Hamid Rafiei is proud of the company’s accomplishments and credits its team’s innovative products and services for setting industry standards.

“We are a team of problem solvers and we strive to help our customers get the best solutions in the industry. CoolIT has been growing fast in all areas of business and manufacturing is no exception. The significant investments we have made in automation has allowed us to not only increase our manufacturing throughput but also combine the high throughput with ergonomic solutions for our fast growing manufacturing team. In addition, our advances in digitization of our supply chain services and our operational systems has enabled us to manage our growing supply chain effectively.” Hamid said.

Ranking in The Americas’ Fastest Growing Companies 2023

CoolIT Systems’ recognition in The Americas’ Fastest Growing Companies 2023 has cemented its place as the innovation leader in the cooling solutions market. The company was ranked within the Top 250 out of 500 winners overall and achieved second place in the “Mechanical & Plant Engineering” category.

“It’s great to be recognized for the exciting work we’re doing here at CoolIT Systems. We’ve hit some major milestones but our biggest achievements lie ahead with the major shifts occurring in next-gen CPUs & GPUs as well as data center density and efficiency” stated Brandon Peterson, Senior Vice President of Product at CoolIT Systems.

About The Americas’ Fastest Growing Companies 2023

The Americas’ Fastest Growing Companies 2023 ranking lists the top 500 companies in the Americas that have achieved the highest compound annual growth in revenues between 2018 and 2021. The data was collected via desk research in official sources like publicly available earning presentations, investor relations, websites, and annual reports. Across 20 countries, over 7,000 public companies were examined. The Americas’ Fastest Growing Companies 2023 title serves to reinforce CoolIT Systems’ standing as a company that has a high growth potential.

About CoolIT Systems

CoolIT Systems specializes in scalable liquid cooling solutions for the world’s most demanding computing environments, providing unparalleled performance for gaming systems in the desktop enthusiast market. CoolIT partners with global leaders in OEM server design to develop the most efficient and reliable liquid cooling solutions for their own leading-edge products in the enterprise data center and high-performance computing markets. Through its modular Direct Liquid Cooling technology, Rack DLC™, CoolIT enables dramatic increases in rack densities, component performance, and power efficiencies.

For more information about CoolIT Systems and its technology, visit https://www.coolitsystems.com/  and follow @CoolIT Systems on LinkedIn.