On Friday, Shares of Alibaba Group Holding Limited (NYSE:BABA), lost -3.85% to $63.91.
AliCloud, Alibaba Group’s (BABA) cloud computing arm, recently declared the launch of an innovative and eco-friendly AliCloud Qiandao Lake Data Center. The new data center, AliCloud’s eighth globally, is focused on fulfilling the growing cloud and big data business needs of Alibaba Group.
Located near the scenic Qiandao Lake in Chun’an County, Zhejiang Province, China, the AliCloud Qiandao Lake Data Center incorporates several technical innovations in addition to environment-friendly firsts in line with Alibaba Group’s focus on sustainability and drive to operate more efficiently.
The data center is first for AliCloud to introduce the on-demand cooling technology. The control logic is developed by the Alibaba infrastructure Service team with real-time monitoring of server power consumption and operating temperatures to adapt actual cooling capacity to maximize energy savings.
The AliCloud Qiandao Lake Data Center also has a unique mechanical cooling system designed with use of water from Qiandao Lake. Data centers typically rely on mechanical cooling. However Alibaba’s infrastructure team has determined that with proper use of the lake water, almost year round free cooling can be achieved under the optimal water temperature. The lake water enables free cooling in data center for more than 90% of time without mechanical cooling such as chiller. This creative practice cuts energy costs for the AliCloud Qiandao Lake Data Center by 80% contrast to mechanical cooling, and more importantly, without any impact to the environment.
At the AliCloud Qiandao Lake Data Center, physical filtered lake water is pumped into each level of the data center. Then the return chilled water runs through the 2.5km central canal across Qingxi New Town. In the future, the heat from return chilled water will be recovered for heating the buildings nearby.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
Shares of Union Pacific Corporation (NYSE:UNP), declined -1.07% to $84.78, during its last trading session.
Rob Knight, chief financial officer of Union Pacific Corporation will address the Cowen and Company 8th Annual Global Transportation Conference at 8:40 a.m. ET on Wednesday, September 9, 2015, in Boston.
Union Pacific Corporation, through its partner, Union Pacific Railroad Company, operates railroads in the United States. The company offers freight transportation services for agricultural products, counting grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising of industrial chemicals, plastics, crude oil, liquid petroleum gases, fertilizers, soda ash, sodium products, and phosphorus rock and sulfur products.
Finally, United Technologies Corporation (NYSE:UTX), ended its last trade with -1.34% loss, and closed at $90.68.
As 16 teams from around the world converge for the 69th annual Little League World Series, Lenel, a leading provider in advanced security systems, is there for the 17th successive year assisting to protect players, coaches, officials and fans. Lenel is part of UTC Building & Industrial Systems, a unit of United Technologies Corporation.
Each year, Lenel contributes its technology; supplies, service and expertise to assist protect attendees of the 10-day event, which culminates this year with the world championship game on Aug. 30.
James Ferguson, director of security for Little League International, said Lenel’s annual participation is important to his department as it works to ensure the tournament’s safe conduct. “The time, talent and resources offered by Lenel have made them a long-term and valued partner of the Little League World Series,” Ferguson said. “With the latest electronic security technology available to us, we know we are doing all we can to ensure the safety of the players, coaches, spectators and volunteers who make this an exciting global event.”
Ron Virden, general manager, electronic access control solutions at UTC Building & Industrial Systems, said Lenel is deeply committed to the youth baseball organization, which now involves more than 2.6 million children in more than 75 countries.
United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services.
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