Post by Veolia

[Press release] Veolia announces an ambitious plan to accelerate its footprint in the #DataCenters industry and microelectronics, targeting over €1 billion in annual revenue from these two markets by 2030. The company aims to leverage its proprietary technologies and global expertise to address the growing demand for integrated solutions in water management, local energy and hazardous waste treatment. ➡️ At the same time, Veolia intends to fully leverage the potential of digital and AI-driven solutions to sustain its recurring efficiency plan of above €350M per year. The Group notably targets to double the share of #digital and #AI efficiency gains to 50% of operational efficiency by 2030, compared with 23% in 2025. ➡️ Demand for data center capacity is expected to nearly triple by 2030, driven in large part by hyperscaling, the rapid expansion of large-scale, cloud and AI computing infrastructure, while microelectronics are becoming a geopolitical flashpoint, with chip manufacturing continuously diversified and reshored to safeguard national sovereignty, including a projected 26% growth in 2026 alone. ➡️ This exponential growth is putting increasing strain on key resources. Microelectronics fabrication and data centers consume vast amounts of water and energy, with chipmaking also relying on ultra-pure water critical to performance. By 2030, the overall water use of data centers and semiconductor manufacturing is expected to equal that of 46 million people, roughly the size of the New York, Los Angeles and Paris metropolitan areas combined. 🔗 Read more: https://lnkd.in/eP5bpshF