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Data Center Market to Grow by USD 535.6 Billion by 2029, Boosted by Multi-Cloud Adoption and Network Upgrades, Report on How AI is Driving Market Transformation – Technavio

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NEW YORK, Feb. 5, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global data center market size is estimated to grow by USD 535.6 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  15.6%  during the forecast period. Rise in adoption of multi-cloud and network upgrades is driving market growth, with a trend towards implementation of ai in data centers  However, cybersecurity issues  poses a challenge. Key market players include 365 Data Centers, Amazon.com Inc., Apple Inc., China Telecom Corp. Ltd., Cisco Systems Inc., CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Google LLC, Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., KDDI Corp., Microsoft Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., Salesforce Inc., SAP SE, and Verizon Communications Inc..

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Data Center Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 15.6%

Market growth 2025-2029

USD 535.6 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

13.2

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, China, UK, Canada, Japan, Germany, India, France, Italy, and Brazil

Key companies profiled

365 Data Centers, Amazon.com Inc., Apple Inc., China Telecom Corp. Ltd., Cisco Systems Inc., CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Google LLC, Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., KDDI Corp., Microsoft Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., Salesforce Inc., SAP SE, and Verizon Communications Inc.

Market Driver

Data Centers are at the heart of the digital economy, powering IT infrastructure for businesses, individuals, and government organizations. Trends like Artificial Intelligence, Machine Learning, IoT, and Cloud Computing are driving the need for more data processing power and real-time data analysis. Green Data Centers are becoming essential as businesses seek to reduce their carbon footprint and save costs. The Department of Energy and Enterprise Engineering Solutions are leading the charge towards energy-efficient and sustainable data center designs. Cloud computing and Edge Computing offer cost savings, scalability, and flexibility for businesses. Real-time data processing is crucial for industries like autonomous vehicles and smart cities. Decentralized Data Centers and local special circumstances are becoming more common due to data sovereignty regulations and macroeconomic factors. The digitalization of industries like online retail, e-commerce, and personalized data storage require massive data center workloads and application performance. Hardware-related expenses, data security, and backups are top concerns for customers. Internet bandwidth, managed hosting, and colocation are popular solutions for businesses seeking to optimize their IT infrastructure. Big data and data analytics are key drivers of growth, with hyper-scale platforms and colocation data centers leading the way. Business leaders must stay competitive by adapting to these trends and investing in the right data center solutions. Cloud technology, data center systems, and data security are critical areas of focus. The exponential trend of digitization, driven by the S-curve function and internet penetration, will continue to shape the data center market. 

Data centers are enhancing energy efficiency through the implementation of Artificial Intelligence (AI). AI technology optimizes server, power, and cooling system performance, enabling quicker decisions and improved efficiency. Data center service providers utilize AI in automation software to reduce human intervention and promote energy-efficient operations. AI also facilitates effective cooling control, adjusting cooling processes and maximizing power usage in data centers. By implementing AI, data centers aim to boost performance, minimize downtime, and reduce human errors. 

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 Market Challenges

•         Data Centers face numerous challenges in today’s digital world. Artificial Intelligence and Machine Learning require massive computing power, driving the need for advanced IT infrastructure. The Internet of Things (IoT) and Cloud Computing increase data volumes, demanding scalability and flexibility. Green Data Centers address energy efficiency concerns, while Department of Energy grants support innovation. Enterprise Engineering Solutions and Software Testing Help ensure system reliability. Businesses and individuals generate vast amounts of data, driving the need for cost savings and real-time processing. Digitalization, IoT devices, and autonomous vehicles create latency issues. Decentralized Data Centers address local special circumstances and data sovereignty regulations. Macroeconomic factors, such as exchange rates and business leaders’ decisions, impact data center investments. Cloud technology, data center systems, and colocation offer solutions for B2B enterprises, while hardware-related expenses and data security concerns persist. National statistical offices track the level of digitization, and trends show an exponential increase. Big data and data analytics require specialized regions and hyper-scale platforms. Managed hosting, colocation, and public cloud offer options for application performance, storage requirements, and mobile data use. Data security, backups, and Internet bandwidth remain critical concerns. Online retail, e-commerce, and personalized data storing and analyzing drive cloud data storage demand. Application performance, storage requirements, and lost data are key concerns. The digital economy, internet penetration, and mobile usage continue to grow, increasing the importance of data centers. Cloud technology, data center workloads, and application performance are essential for business success. Competitors in various industries rely on data centers for their digital transformation.

•         Enterprises heavily rely on data for generating revenue through trend analysis and informed decision-making. However, securing sensitive data, such as customer information, is a significant challenge. The increasing adoption of cloud services and IoT solutions heightens the risk of cyberattacks. Cybercriminals can exploit IT security vulnerabilities to gain unauthorized access to enterprise servers, potentially compromising valuable data and causing business disruption. This threat is particularly concerning for small enterprises, as a successful attack could lead to devastating consequences. It is crucial for businesses to prioritize data security measures to protect their digital assets and mitigate the risks associated with the evolving cyber threat landscape.

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Segment Overview 

This data center market report extensively covers market segmentation by  

ComponentIT InfrastructurePower ManagementMechanical ConstructionGeneral ConstructionSecurity SolutionsEnd-userBFSIEnergyITOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And AfricaDesignTraditionalContainerizedModular

1.1 IT infrastructure-  The data center IT infrastructure market consists of server infrastructure, storage infrastructure, software-defined data centers (SDDC), network infrastructure, converged infrastructure, backup and recovery software, automation software, and data center infrastructure management (DCIM) solutions. The increasing demand for computing power and storage to support data traffic growth is driving the market. Enterprises are shifting from on-premises to cloud-based data centers, and hyperscale data centers (HDCs) are investing heavily, increasing the demand for servers, storage infrastructure, and other IT equipment. Server infrastructure processes data, runs applications, and stores data. Enterprises aim to shift investments from capital expenditure (CAPEX) to operational expenditure (OPEX) and consolidate, virtualize, and containerize computing needs. Rack servers are the most widely used due to their suitability for enterprises with fixed requirements. The server infrastructure segment is growing due to green, colocation, and HDC expansions and technology refresh cycles. Storage infrastructure includes direct-attached storage (DAS), network-attached storage (NAS), and storage area networks (SAN). The exponential growth in data drives the demand for storage infrastructure. Social media applications and IoT deployment are significant contributors to data volume growth. NVMe SSDs and high-speed networks like LTE and 5G are also driving the segment. SDDCs are virtualized data centers managed through software. They offer cost savings, efficiency, control, and flexibility. Software-defined computing, networking, and storage are SDDC components. The adoption of cloud solutions is driving the SDDC segment’s growth. Network infrastructure includes Ethernet switches, routers, application delivery controllers (ADCs), and SD-WAN appliances. Virtualization is a key factor driving the sale of data center Ethernet switches. High-capacity switches are needed to handle east-west and north-south traffic. Cloud service providers demand higher capacity switches. Converged infrastructure combines multiple IT components into a single integrated computing package. It reduces data center footprint, management complexity, and costs. Hyper-converged infrastructure (HCI) is gaining popularity due to its scalability and cost savings. Data center automation software enables centralized access to data center resources and automates routine tasks. It offers features like scheduling, monitoring, patching, updating, reporting, and compliance. Cloud-based data center automation software is driving adoption due to its low upfront cost. Data center backup and recovery software enables periodic backup and instantaneous recovery of data. Enterprises are adopting online backup solutions and cloud backup services due to the advantages associated with cloud storage. DCIM solutions facilitate data center administration with an overall integrated view for asset and capacity management, energy management, power and cooling, and network management. Enterprises, colocation providers, and hyperscalers focus on energy efficiency and green data centers, driving the DCIM solutions segment.

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Research Analysis

The Data Center market is experiencing significant growth due to the increasing demand for IT infrastructure to support Artificial Intelligence (AI) and Machine Learning (ML) applications, Internet of Things (IoT) devices, and the digitalization of businesses and individual lives. Cloud computing and edge computing are driving this trend, allowing for cost savings, scalability, and flexibility. Real-time data processing is crucial for online retail and e-commerce businesses, making data centers an essential component of their operations. Data center systems enable businesses to store, analyze, and manage their data center workloads efficiently. However, the risk of lost data and the need for speed and security are major concerns. Cloud technology continues to disrupt the traditional on-premises infrastructure, offering benefits such as cost savings, scalability, and real-time data processing. AI and ML are also being integrated into data center management to optimize performance and reduce energy consumption.

Market Research Overview

The Data Center market is experiencing significant growth as businesses and individuals increasingly rely on IT infrastructure for digitalization. Artificial Intelligence and Machine Learning are driving the demand for real-time data processing and analysis in Cloud computing and Edge computing. The Internet of Things (IoT) is generating massive amounts of data, requiring Decentralized Data Centers for local processing and storage. Green Data Centers are becoming essential to reduce energy consumption and costs. Macroeconomic factors, digital economy, and internet penetration are key drivers, with B2B enterprises and national statistical offices leading the way. Hardware-related expenses, data security, and data sovereignty regulations are major concerns. The market is showing an exponential trend, with the S-curve function indicating continued growth. Cost savings, scalability, and flexibility are key benefits. Applications include autonomous vehicles, smart cities, and e-commerce. Data center workloads require application performance, storage requirements, and mobile data use considerations. Data security, backups, and internet bandwidth are critical components. Managed hosting, colocation, and public cloud solutions are available for various business needs. Hyper scale platforms and colocation data centers are popular choices for big data and data analytics. Amazon Web Services and other cloud technology providers offer intelligent buildings and specialized regions to meet diverse customer needs.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentIT InfrastructurePower ManagementMechanical ConstructionGeneral ConstructionSecurity SolutionsEnd-userBFSIEnergyITOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And AfricaDesignTraditionalContainerizedModular

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Legrand Launches Starline T5 DoubleBar, the Highest Ampacity Open-Channel Track Busway with Most Pluggable Space

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WEST HARTFORD, Conn., Oct. 20, 2026 /PRNewswire/ — Legrand, the global specialist in electrical and digital building infrastructures, today launched the Starline T5 DoubleBar track busway. Engineered specifically for high-density environments, the T5 DoubleBar offers the highest ampacity open-channel busway available on the market with the most pluggable space, addressing the exponential power demands of artificial intelligence and high-performance computing.

By featuring a configuration with two T5 bars in parallel, the system delivers up to 2000A, enabling robust power distribution for high-density environments. This hybrid busway design successfully combines open-channel flexibility with busduct-level ampacity for maximum adaptability.

“As AI workloads push rack densities past 100kW, data center operators have been forced into a clear trade-off: install heavy, rigid busducts to get high amperage, or use track busways to maintain operational flexibility,” said Mark Swift, Vice President of Engineering for Starline, a brand of Legrand. “With the T5 DoubleBar, we’ve completely eliminated that compromise. By delivering 2000A in a continuous open-channel architecture, we give operators the raw power density of a traditional busduct without forcing them to clutter their white space with redundant  busway runs or sacrifice the agility to reconfigure on the fly.”

Key Features and Benefits of the Starline T5 DoubleBar

The T5 DoubleBar eliminates spacing constraints common in traditional busduct systems and minimizes the whitespace footprint in dense data center layouts.

Unmatched AI & HPC Support: The system handles rack loads up to 150kW, meeting next-gen data center demands. It is also compatible with LVDC installations to 1000VDC.Increased Pluggable Space: The high-density double-bar architecture utilizes parallel conductors to increase amperage and pluggable space without increasing the system’s footprint.Zero-Downtime Reconfiguration: Hot-pluggable tap-off capability allows for the safe, live installation and removal of tap-off units without a system shutdown, maximizing operational continuity.True Modularity and Scalability: The modular design supports multiple ratings without system redesign. Furthermore, it is designed for future expansion up to 5000A, protecting long-term capital investments.Complete T5 Ecosystem Compatibility: The system maintains open-channel plug-in access and full compatibility with all existing T5 plug-in units.

Launching Alongside High-Capacity Plug-in Unit (HCP)

To complete this end-to-end high-density power distribution system, Legrand is simultaneously launching a new High-Capacity Plug-in Unit (HCP) designed for seamless integration directly on T5 infrastructure, including the new DoubleBar.

These new plug-in units offer up to 250A capacity and multiple enclosure formats, delivering more power through a single unit. By powering high-density AI and HPC racks directly, the HCP reduces the need for multiple lower-amperage plug-ins, simplifying the overall power delivery architecture.

For more information on the Starline T5 DoubleBar and High-Capacity Plug-in Units, visit the Starline website.

About Legrand:

Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for residential, commercial, and datacenter markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving life by transforming the spaces where people live, work and meet with electrical, digital infrastructures and connected solutions that are simple, innovative and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing a strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings that include products with enhanced value in use. Legrand reported sales of €9.5 billion in 2025. The company is listed on Euronext Paris and is a component stock of the CAC 40, CAC 40 ESG and CAC Transition Climat indexes (code ISIN FR0010307819). www.legrand.us

Media Contact:

Jaymie Scotto & Associates
+1 866.695.3629 ext. 19
jsa_legrand@jsa.net

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SOURCE Legrand DPC LLC

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Trinity Acquires Verix, Adding AI-Powered Next-Best-Action and Omnichannel Orchestration to the TrinityEDGE Platform

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Verix’s patented Tovana™ platform and its full team join Trinity, extending TrinityEDGE™ from what commercial teams know into what they do next

WALTHAM, Mass., Oct. 20, 2026 /PRNewswire/ — Trinity, the leader in integrating human and artificial intelligence for life sciences commercialization, today announced it has acquired Verix, the pharma-native commercial intelligence company behind the patented, AI-powered Tovana™ platform. Tovana is live today in global pharma, biotech, and specialty pharma commercial organizations, where it turns prescription, claims, clinical, and engagement data into continuous next-best-action, dynamic targeting, and omnichannel orchestration for brand, field, and digital teams. The acquisition brings Verix’s entire team into Trinity and adds an AI execution layer to TrinityEDGE. Terms were not disclosed.

Why now

Pharma has already bought AI but has not yet realized the pay off. Trinity’s 2025 Commercial and Medical IT benchmark found that 100 percent of surveyed organizations had adopted generative AI in some capacity, yet innovation confidence averaged just 3 out of 5, and every respondent described their organization as only somewhat prepared to respond rapidly to industry change. A separate Trinity benchmark of new product planning and commercial strategy leaders found only 10 percent had a clear AI strategy they were scaling across workflows. Adoption is universal yet impact is not.

The reason is rarely the model. It is the distance between an insight and the moment someone acts on it. Targeting lists go stale between planning cycles. Omnichannel plans degrade. Next-best-action tools get ignored because reps cannot see why they should trust them. Brands pay twice, once for insight and again for a separate execution vendor, and still struggle to show impact. Closing that insight-to-action loop is the problem TrinityEDGE with Tovana will solve.

The acquisition also advances Trinity’s growth strategy. Over the past three years Trinity has augmented its advisory and insights services with the TrinityEDGE productized commercialization platform, adding software, data, and AI alongside 1,500 professionals in 14 offices on five continents. Verix deepens Trinity’s presence with the brand, field, and digital buyers who sit beyond its traditional strategy and insights relationships, and establishes a dedicated AI and product development center to build and ship commercial AI at scale.

Proof, not promise

Tovana is not a new build. It has been developed and validated in live pharmaceutical and biotech deployments since 2007, across large global pharma, mid-size biotech, and specialty and rare disease organizations.

Deployed at scale in oncology and specialty markets. Tovana supports commercial teams at global pharmaceutical companies and emerging biotechs, including publicly referenced work and support for the U.S. launch of a targeted oncology immunotherapy in a market its sponsor estimates at more than $400 million.

Measured commercial lift. One of the largest pharmaceutical oncology divisions in the United States increased leading KPIs, including new prescriptions, by 15 to 25 percent with Tovana. A rare oncology therapy team improved field-facing NPS by 12x.. A medical device commercial team improved sales outcomes within three months of implementation.

Time to value measured in weeks. Tovana’s pharma-specific data foundation, automated data pipelines, and pre-built model toolkit mean clients adopt targeting and engagement models already proven in live deployments, with rapid configuration and deployment inside a single planning cycle.

What clients get

A plan that holds up between quarters. Targeting, segmentation, and channel mix update against what the market is actually doing, so the engagement plan approved in January is still the plan operating in June.

Guidance the field will actually use. Recommendations arrive sourced and explainable, grounded in Trinity’s therapeutic, launch, and benchmarking depth, and delivered inside the field workflow through FieldAdvisor. That is the difference between a next-best-action a rep follows and one a rep ignores.

One partner instead of two. Existing Trinity clients get a path from insight they already own to execution, without standing up another vendor or rebuilding integrations. Existing Verix clients keep the product, roadmap, and support they rely on, and gain Trinity’s launch, market access, and competitive benchmarking context.

Tovana capabilities will be progressively integrated into the TrinityEDGE single sign-on environment over the coming months, strengthening CustomerEDGE™ execution, with the first joint offerings expected to reach clients in 1H 2027. Verix CEO Doron Aspitz joins Trinity’s leadership team and will continue to guide the Tovana roadmap.

Leadership perspective

“Every commercial leader I meet is asking how to put AI to work where it actually changes a call, a channel mix, or a forecast,” said Scott Evangelista, Chief Executive Officer of Trinity. “Insight has outpaced execution. Teams are rich in disparate analysis and thin in decisive action in front of a customer. Verix closes that gap. Next-best-action, dynamic targeting, and omnichannel orchestration now sit inside TrinityEDGE, proven in live pharma deployments and backed by 30 years of therapeutic and commercial judgment. That is what it means to lead in integrating human and artificial intelligence for life sciences commercialization.”

“We built Verix on one conviction: commercial teams deserve intelligence that is timely, explainable, and usable in the flow of work,” said Doron Aspitz, Chief Executive Officer of Verix. “Joining Trinity is the natural next step. Clients keep the product they rely on and gain the launch, access, and competitive context that tells them whether performance is genuinely competitive. I am proud of what our teams have built and energized by what we can now build together.”

About Verix

Verix is a leading provider of advanced commercial optimization solutions for the life sciences industry. Its flagship product, Tovana™, is a patented, AI-powered SaaS platform that enables life sciences companies to optimize commercial strategy and execution. Tovana integrates advanced machine learning, agentic workflows, and deep domain expertise into a single, intuitive platform, supporting dynamic targeting and segmentation, next best action, omnichannel orchestration, patient discovery, therapeutic landscape analysis, opportunity assessment, and bottom-up forecasting. Founded in 2007, Verix serves pharmaceutical, biotech, and specialty pharma commercial organizations from offices in the United States and Israel.

About Trinity

Trinity is a life sciences commercialization company that combines deep therapeutic, functional, and commercial expertise with AI-powered platforms. For more than 30 years, pharmaceutical, biotech, and medtech companies have relied on Trinity to connect strategy, data, and execution—supporting better decisions, more confident launches, and sustained commercial performance. Trinity helps clients turn insight into action and bring innovations to market with greater speed and confidence. Learn more at trinitylifesciences.com.

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Baker Hill Launches $10,000 Battle of OKC Pitch Competition for Veteran Entrepreneurs

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New competition brings Baker Hill, The Verge OKC, IVMF, Gradient, and Oklahoma SBDC together to support Oklahoma veterans as they build and grow businesses

OKLAHOMA CITY, Oct. 20, 2026 /PRNewswire/ — Oklahoma veteran entrepreneurs will have the opportunity to compete for $10,000, showcase their businesses and connect with resources to help them grow through Battle of OKC, a new business pitch competition culminating live on Veterans Day in Oklahoma City.

Baker Hill today announced the competition in collaboration with The Verge OKC and the Institute for Veterans and Military Families (IVMF), Gradient and Oklahoma SBDC. Battle of OKC will bring veteran entrepreneurs together with business leaders, mentors and community resources while giving them a platform to put their ideas and businesses in the spotlight.

“Veterans know how to lead, adapt and find a way forward when the path isn’t obvious — the same qualities it takes to build a business,” said Andy Ivankovich, chairman and CEO of Baker Hill. “Battle of OKC is about putting opportunity behind that potential. We want to give veteran entrepreneurs a platform to tell their stories, connect with people and resources that can help them grow and compete for capital that can make a meaningful difference in what comes next.”

Battle of OKC is open Veteran entrepreneurs whose business is majority veteran-owned, has operated for at least one year, and is registered in Oklahoma. Applicants will begin by submitting a three-minute video introducing their business, the opportunity they see and why they are ready to take the next step. A panel will select 10 entrepreneurs to advance to finals.

Ten finalists will then advance to the live Battle of OKC on Veterans Day, Wednesday, Nov. 11, at the Verge in Oklahoma City, where they will pitch before a panel of judges and compete for a $10,000 grand prize.

The Verge OKC, a nonprofit community that helps turn ideas into impactful businesses, will help recruit and coach participating entrepreneurs throughout the competition.

“The Verge is all about connecting entrepreneurs with the people, resources, and opportunities they need to turn their ideas into thriving businesses”, said Kristin Garcia, Executive Director. “We’re excited to be part of Battle of OKC and to purposefully create space for our military community to engage with Oklahoma’s entrepreneurial ecosystem. Veterans bring valuable skills, leadership, and unique perspectives to business ownership, and they deserve to know there’s a community here ready to support them as they build and grow their businesses.”

The D’Aniello Institute for Veterans and Military Families (IVMF), will provide support outreach and recruitment/connect participating veterans with entrepreneurship resources/provide expertise.

“Just last month, we brought together veteran entrepreneurs, business leaders, and community partners in Oklahoma City for the Military Entrepreneurship Forum. Battle of OKC is a great example of how that momentum continues, with the community coming together to recognize, celebrate, and invest in Oklahoma’s veteran-owned businesses, said Barbara E. Carson, Managing Director, Programs and Policy. D’Aniello Institute for Veterans and Military Families. “At the D’Aniello IVMF, we know that when veteran entrepreneurs have access to the right networks, resources, and opportunities, they can build thriving businesses that strengthen their communities.”

Oklahoma SBDC will also provide recruitment and pitch coaching for the finalists the week of the event. “This collaboration brings together partners with complementary expertise to support Oklahoma’s veteran business owners,” said Dr. Michele Hockersmith, state director of the Oklahoma SBDC. “Our role is to help entrepreneurs connect their pitch to a sound business strategy, with clear financials and realistic growth plans. That preparation has value for the competition and beyond.”

Battle of OKC is designed to provide more than a stage and a prize. By bringing together veteran entrepreneurs, business leaders and organizations committed to supporting entrepreneurship, the competition creates connections and access to expertise that can continue well beyond the final pitch.

Veteran entrepreneurs interested in competing can learn more about eligibility and submit their three-minute video pitch at www.bakerhill.com/okc. Applications close October 29. Ten finalists will be selected to compete live in Oklahoma City on Veterans Day.

About Baker Hill
Baker Hill is the leading provider of commercial lending technology for banks and credit unions across the United States. Each month, financial institutions use Baker Hill’s platform to process more than $7 billion in lending originations — helping them Lend Better, Lend Faster, and Lend More™ in their communities. Backed by Flexpoint Ford, a private equity firm, Baker Hill delivers the scale, security and innovation required to meet the demands of modern banking. The company is headquartered in Carmel, Indiana, with operations in Santa Barbara, California. For more information, visit www.bakerhill.com.

About The Verge OKC
The Verge OKC, a 501(c)(3) nonprofit community that helps turn ideas into impactful businesses, will help recruit and coach participating entrepreneurs throughout the competition. Learn more: https://www.vergeokc.com 

About the D’Aniello Institute for Veterans and Military Families
The IVMF at Syracuse University is higher education’s first interdisciplinary academic institute, singularly focused on advancing the post-service lives of the nation’s military veterans and their families to serve those who have served. Learn more: https://ivmf.syracuse.edu 

About Oklahoma SBDC
The Oklahoma Small Business Development Center (Oklahoma SBDC) provides confidential, no-cost business advising, training and market research to help entrepreneurs start and grow businesses statewide. Hosted by Southeastern Oklahoma State University, the state-wide network helps business owners strengthen financial plans, prepare for financing and pursue growth opportunities. Learn more at www.oksbdc.org.

About Gradient
Gradient represents the blending of diverse ideas, people, and perspectives, adding texture and depth to our community. As one of the nation’s largest innovation hubs, Gradient fosters meaningful connections, nurtures bold ideas, and provides concierge introductions to entrepreneurial resources. Learn more at www.joingradient.com

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SOURCE Baker Hill

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