2crsi Sa · EURONEXT:AL2SI
2crsi Sa — Investor Presentation (February 2024)
28 slides from 2crsi Sa's investor presentation, February 2024
Slide 1: Investors Presentation February 2024
INVESTORS PRESENTATION FEBRUARY 2024
Slide 2: CEO quotes
“Serving exceptional men across the globe has been our proud since 2005. From our flight simulators to space exploration computers, 2CRSi will continue to propose custom made systems to fit operators needs. Manufacturing only the best performance, easily deployable and without consuming energy is ou
Slide 3: Our Story
OUR STORY Acquisition + Sale of opening of Opening of New York Data Manchester center Campus Development of the Opening of Manufacturing manufacturing R&D division facility in CA, USA facility Acquisition of Foundation of 2CRSi, Opening of the UAE Strasbourg, FR Opening of the agency US agency in Sa
Slide 4: A Global Group with Local Teams
A GLOBAL GROUP WITH LOCAL TEAMS $200m / 184M€ Net Sales 2022/2023 +160 50 Countries Employees delivered $14m invests in R&D since 2017 Renewal application in progress 5 Factories 15 Offices EUROPE AMERICA APAC EUROPE AMERICA MIDDLE EAST APAC Strasbourg, France Fremont, CA Chennai Nanterre-Paris, Fra
Slide 5: Our Server Market Evolutions
OUR SERVER MARKET EVOLUTIONS FACT #1 Market growth up every years …. …. especially in liquid cooling first ! Worldwide Server Market Forecast 2022 - 2027 Value (US$M) - IDC Source Data Center Liquid Cooling Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) Source: AlfaLaval & Sc
Slide 6: AI Is a Challenge to Power and to Deploy
AI IS A CHALLENGE TO POWER AND TO DEPLOY FACT #2 AI is everywhere, … and as deployment start, FACT #3 North America is at the forefront of liquid cooling challenges appears technologies, particularly for AI operational deployments. W/node Average consumption (W) 12000,00 10000,00 8000,00 6000,00 400
Slide 7: The Current Data Centers Shows Their Limits
THE CURRENT DATA CENTERS SHOWS THEIR LIMITS NYGC VIRTUAL APP Data centers face environmental challenges. Liquid designs can offer an environmentally friendly alternative. By Matthew Gooding January 15, 2024 The increasingly sophisticated AI services on offer from the hyperscale public cloud provider
Slide 8: One Group, Different Brands
ONE GROUP, DIFFERENT BRANDS TO ANSWER ANY OF YOUR CHALLENGES HPC & AI HARDWARE INTEGRATION & MANUFACTURER EMS SERVICES Design, conception, Manufacturing, Engineering and integration, test, logistic manufacturing of and deployment custom-made solutions services for IT for compute and Infrastructure a
Slide 9: Our Vision: Build Clean and Efficient Infrastructure
OUR VISION: BUILD CLEAN AND EFFICIENT INFRASTRUCTURE OUR ROADMAP #PowerEfficiency’18 With certified energy efficient solutions like OCtoPus and Heat re-use capabilities, 2CRSi is today the only player allowing you to reach your lowest infrastructure PUE and ESG objectives. #ReUseAtScale’24 From the
Slide 10: Our Expertise in Cooling Technology
OUR EXPERTISE IN COOLING TECHNOLOGY AIR COOLING -23% OPEX 19”/OCP/WORKSTATION From standards to OCP systems, fan doors and cold doors. 2CRSi group has mastered ways to cool properly challenging systems from on site deployment to data center and edge environment with innovative solutions. DIRECT ON C
Slide 11: 2CRSi Solution Range
2CRSi SOLUTION RANGE AI Data Analytics Cloud Cloud HPC Edge HCI CCTV 3D rendering Gaming Computing Cloud Edge Computing AI HFT HPC VDI Virtualization Edge AI CAD 21’’ Air, DLC, 19’’ 19’’ 1-phase, 2-phase Air cooling, DLC & Air cooling or DLC Air cooling or DLC immersion cooling Air or DLC rack Passi
Slide 12: 2CRSi Service Range
2CRSi SERVICE RANGE BEFORE DEPLOYEMENT IN & AFTER DEPLOYEMENT AI Cluster Architecture HPC Architecture DC Architecture • Server design and conception • Server design and conception • Network conception at Rack & Data On site Services • BIOS customization and/or Overclocking • BIOS customization and
Slide 13: Right Positioning at the Right Time
RIGHT POSITIONING AT THE RIGHT TIME TO ADRESS THE AI MARKET THANKS TO OUR HPC BACKGROUND Better cooling capability = Increased perfromances + improved energy efficiency Electrical and electronical R&D = Improved energy efficiency + larger scale power management Tailor made + operation agility
Slide 14: No Compromise Between Performance and Energy Efficiency
NO COMPROMISE BETWEEN PERFORMANCE AND ENERGY EFFICIENCY High AI performance of the total solution** Low 1.5 Energy Efficience : Average PUE of server solution* 1.02 *: Energy efficiency is based on the consumption of the system compared to its total consumption (including cooling, battery, …) **: AI
Slide 15: NVIDIA Partnership
NVIDIA PARTNERSHIP OUR ROADMAP TOGETHER 2010 2020 2024* 2025 SOLUTION PROVIDER SOLUTIONS INTEGRATION GLOBAL SYSTEM INTEGRATOR OEM THIS PARTNERSHIP** TRANSLATES IN : Better Pricing “ By taking a major position with NVIDIA in AI Better Allocation (components availability) servers, 2CRSi strengthen
Slide 16: Trusted by Great Customers
TRUSTED BY GREAT CUSTOMERS CLOUD SERVICES AI & HPC SOFTWARE SCIENCE & MANUFACTURING DEFENCE MEDIA & PROVIDERS EDITORS EDUCATION INDUSTRIES GOVERNMENT ENTERTAINMENT INVESTORS PRESENTATION | FEBRUARY , 2024 | 16
Slide 17: 20 Years of Cutting-Edge Systems for Military Aircraft Simulators
20 YEARS OF CUTTING-EDGE SYSTEMS FOR MILITARY AIRCRAFT SIMULATORS Challenges Delegate the design, build, test and implementation of simulation IT infrastructures Industrialize the mass production of simulators in order to increase productivity and reduce manufacturing costs Enable the simulato
Slide 18: Leading European Sovereignty
LEADING EUROPEAN SOVEREIGNTY European PILOT project Digital sovereignty identified by EU as one of 5 priority stakes Pilot using Independent Local & Open Technology) PILOT short-term objective: design and manufacture sovereign 100%-European pilot systems based on RISC-V accelerators with long-term v
Slide 19: The European PILOT's Project Members
THE EUROPEAN PILOT’S 19 PROJECT MEMBERS INVESTORS PRESENTATION | FEBRUARY , 2024 | 19
Slide 20: Focus on Recently Awarded $610M Contract
FOCUS ON OUR RECENTLY AWARDED $610M CONTRACT WITH A US DATA CENTER OPERATOR OPERATIONAL METRICS CONTRACT ECONOMICS 2CRSi CORP GUIDANCE Contract with a leading US data center company announced on 30 Jan 2024 Overall contract value of $610m (565M€) Fiscal year Revenue EBITDA Construction of 10MW
Slide 21: 2CRSi Financial Statements Presentation
2CRSi financial statements presentation Annual results Half-year results Annual results • Consolidated cash position 12 months 6 month 16 months at the end of January 2024 from 03/31/2022 from 03/01/2023 from 03/01/2023 of -€0.2m compared to to 02/28/2023 to 08/31/2023 to 06/30/2024 -€2.6m at the en
Slide 22: 3-Year Ambitions
3-YEAR AMBITIONS * financial statements at end of June FOR 2CRSI GROUP 2023/24* (16 months) : 2024/25* : revenue balanced 2025/26* : margin increasing from revenue growth from AI servers AI and other servers and services services and other servers Profitability INVESTORS PRESENTATION | FEBRUARY , 20
Slide 23: Shareholding Structure & Share Price Evolution
Shareholding structure & share price evolution Evolution of the share price over 3 years Shareholding structure Shares 8€ 800 000 750 000 7€ 700 000 650 000 6€ 600 000 550 000 5€ 500 000 450 000 4€ 400 000 350 000 3€ 300 000 250 000 2€ 200 000 150 000 1€ 100 000 50 000 -€ 0 Volume 2CRSI 2CRSI INVEST
Slide 24: Thank You for Your Attention
Thank you for your attention February, 2024
Slide 25: Annexes - Sources
ANNEXES - SOURCES https://www.trendforce.com/landingPage/ai_server https://www.networkworld.com/article/957316/data-centers-aren-t-ready-for-ai-schneider-warns.html https://www.datacenterfrontier.com/cooling/article/33004107/report-meta-plans-shift-to-liquid-cooling-in-ai- centric-data-center-redesi
Slide 26: Clean AI and Computer Vision for Defence Industry
CLEAN AI AND COMPUTER VISION FOR DEFENCE INDUSTRY ECONOMIC AND ECOLOGICAL CONTROL Operating costs reduced by 50%. Challenges Find a technologic partner to implement extremely powerful servers (7.45 Million cores - 8 GPU per server) Develop a tailor-made infrastructure to provide the required pow
Slide 27: Use Case - Cost-Effective, Sovereign Solutions
USE CASE - Cost-effective, sovereign solutions for demanding customers ECONOMIC AND ECOLOGICAL ADVANTAGES Challenges : 2CRSi Solution: - 50% CAPEX savings - 31% energy savings • Find a technologic partner to address • Based on Intel technology, 2CRSi has been thanks to Direct Liquid cost effective H
Slide 28: Embedded Solutions
EMBEDED SOLUTIONS LOW POWER AND EFFICIENT IN CONSTRAINED ENVIRONMENTS Challenges managed Edge PC. Lower power consumption Constrained environment. Need to be silent in some areas for improved customer experience Problems Adressed with IP51, 66, 68 certification Can include 4G module Ha