As early as 2014, global CEOs were already seeing sustainability as a core part of their business success. These days, however, with the world facing the decade’s biggest economic challenge, sustainability is becoming the only option for many organizations.
Thankfully, they can count on various technologies that will support and ensure a successful transition to sustainable practices and processes. Here are some of them:
Every single day, the world creates billions upon billions of data. However, no matter how abundant an organization’s accumulated data can be, they can easily be rendered useless if not paired with the right analytics. This is because real-time analytics means real-time agility. With much of the world’s industries speeding up their sustainability efforts in order to keep up with the public’s changing opinion over the health of the planet, organizations can count on analytics when making on-the-fly decisions during these trying times. Through analytics, business leaders are also able to get a more holistic picture of their performance and see which aspects can be improved and made sustainable. Of course, a complete sustainable strategy involves more than just identifying relevant aspects and issues. It also involves monitoring social media and risk assessments with which analytics can be of great help as well.
Aside from making the massive shift to remote working possible, cloud technology is also making strides in forwarding sustainability across various industries including PCB design. Cloud computing, which enabled designers to collaborate real-time by supporting the viewing and sharing of PCBs online, effectively helped corporations streamline their processes and make quality-control easier and more sustainable.
In the field of manufacturing, cloud-based programs are being used to connect multiple sites and distribution centers to optimize efficiency and drive sustainability. With its ability to reduce energy consumption and at the same time increase capacity and performance, cloud computing is able to help organizations save energy and reduce greenhouse gases and carbon emissions by metric tons.
According to a recent report, 74% of the 200 business decision-makers in environmental sustainability agreed that AI would become essential in solving environmental problems and in pushing for more sustainable practices – and with good reason. AI is not just capable of reducing the social and environmental impact of a company by improving efficiency and developing new products. This disruptive technology can also unlock opportunities for major sustainability progress.
For instance, in the case of Xcel Energy, they used advanced AI to analyze the data that results from the complex processes of coal combustion and then utilize that knowledge to adjust the plant’s operations accordingly, reducing nitrous oxide emissions and operating at peak efficiency. If a big power plant can employ AI to monitor their operations and come up with suggestions that promote sustainability, your company can definitely do the same.
In the face of an ongoing global health crisis, it is all the more important for companies to make full use of various technologies to forward sustainability, particularly as it becomes the primary concern of many consumers and clients all throughout the globe.