Chipotle Mexican Grill Inc
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Consumer Discretionary : Hotels, Restaurants & Leisure | Large Cap Growth
Company profile

Chipotle Mexican Grill, Inc. (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company's Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions. As of December 31, 2016, the Company operated 2,198 Chipotle restaurants throughout the United States, as well as 29 international Chipotle restaurants, and it also had 23 restaurants in operation in other non-Chipotle concepts. As of December 31, 2016, 29 of its restaurants were located outside of the United States, with 17 in Canada, six in the United Kingdom, five in France and one in Frankfurt, Germany. The Company sells gift cards, which do not have an expiration date. The Company categorizes its restaurants as end-caps (at the end of a line of retail outlets), in-lines (in a line of retail outlets), free-standing or other.

Closing Price
$921.94
Day's Change
8.99 (0.98%)
Bid
--
Ask
--
B/A Size
--
Day's High
923.50
Day's Low
908.58
Volume
(Light)
Volume:
366,822

10-day average volume:
559,910
366,822

Global Data Center Blade Server Market to 2024: Proliferation of Cloud and IoT Services will Drive the Blade Server Market - ResearchAndMarkets.com

5:44 am ET December 20, 2019 (BusinessWire) Print

The "Data Center Blade Server Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.

The Data Center Blade Server Market is a highly competitive market dominated by a few players. The market is dominated by a few major players like Hewlett Packard Enterprise Company, Oracle Corporation, Hitachi Limited, NEC Corporation, Cisco Systems, Inc. among others.

The data center market itself is undergoing a lot of change with the growth of smarter data centers with extensive monitoring and heightened security are fast replacing the physical spread of smaller data centers. Networks stretching far and wide are getting shrunk into compact areas reducing the footprint and operational costs and yet offering far better infrastructure. Setting up such smart systems will require extensive capital investments leading to further consolidation of the market.

Market Overview

Blades, the latest form factor in servers that consume less power and space, are gaining traction in the global marketplace as enterprises look for minimizing their energy and operational costs while expanding their IT infrastructure. A blade server can have multiple thin modular electronic circuit boards better know as server blades, that allows more processing power in comparatively lesser rack space and reduced power consumption. The increasing load on data centers along with effective utilization of data center space and lowering operating cost are some of the key factors driving the growth of the market. According to the Cisco Global Cloud Index Report 2018, Global data center IP traffic will grow 3-fold over the next five years and Global cloud IP traffic will account for 95 percent of total data center traffic by 2021. This will drive the growth of efficient systems like Blade Servers where ease of management along with scalability comes as a significant advantage over the traditional rack and tower systems.

Key Market Trends

Proliferation of Cloud and IoT Services will Drive the Blade Server Market

Cloud computing is a sector that has been estimated to be a major driver of the data center colocation industry. Cloud computing has been increasing over the last decade due to lower operational costs faced by enterprises. Currently, the cloud market consists of large global companies, like Amazon Web Services, Microsoft Cloud, as well as, companies in the provider segment. Regarding infrastructure, global corporations, and third-party vendors have been identified to support their services with hyper-scale data centers and blade servers to reduce operational costs. Combining blade servers with the cloud can help reduce operational costs and increase efficiency. Cloud provider companies require private networks with high levels of bandwidth and resiliency and support from a robust data center provider. According to the Cisco Global Cloud Index report the amount of annual global data center traffic in 2016 is estimated to be 6.8 ZB, and by 2021 it is expected to triple to reach 20.6 ZB per year growing at a rate of 25% annually. The business case for switching to blade server technology is the lowering of the total cost of ownership compared to traditional rack server technology. High-density blade server designs save space due to the reduced floor space requirements of the blade server chassis. One can fit ten times the number of CPUs into the same space as traditional rack technology. The blade server design is very granular, permitting an enterprise to buy what is needed immediately and plug in more processing power as required.

North America to Continue to Dominate the Market

North American region on account of the presence of the largest tech giants of the world as well as the presence of some of the largest corporations in the end-user segment will continue to dominate the market. It will experience moderate growth during the forecast period. The primary reason why the North American Region will continue to dominate the market is the early adoption of this technology by the tech-savvy IT giants present, to improve their overall data center infrastructure.

Some of the recent developments are as follows:

May 2019 - Hewlett Packard Enterprise announced the acquisition of Cray Inc., a global supercomputer leader, under an agreement in which HPE will acquire Cray for USD 1.3 billion. Cray offers a comprehensive portfolio of supercomputers, high-performance storage, data analytics, and artificial intelligence solutions. April 2019 - Mercury Systems, Inc., announced the launch of the EnsembleSeries HDS6605 blade server, the embedded computing industry's most powerful, general-purpose processing 6U OpenVPX blade server with hardware-enabled support for AI specific applications.

Market Dynamics

Market Drivers

High Density Servers Per Rack will be a Driver Low Operational Cost and Power Consumption Proliferation of Cloud and IoT Services will Drive the Blade Server Market

Market Restraints

High Initial Investments will Act as a Restraint

Industry Value Chain Analysis

Industry Attractiveness - Porter's Five Force Analysis

Companies Mentioned

Cisco Systems, Inc. Hewlett Packard Enterprise Company Oracle Corporation Huawei Technologies Co., Ltd. NEC Corporation Dell Inc. Fujitsu Limited Hitachi Limited Lenovo Group Limited Atos SE

For more information about this report visit https://www.researchandmarkets.com/r/aoi97o

View source version on businesswire.com: https://www.businesswire.com/news/home/20191220005186/en/

SOURCE: Research and Markets

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