October 18, 2022
According to new Gartner data, sustainable technologies such as traceability, analytics, artificial intelligence, and renewable energy can increase the efficiency of IT services, increase overall business efficiency, save money, and meet investor demand.
Gartner has shown that sustainability pervades all strategic technology trends for 2023, and by 2025, 50% of CIOs will have performance indicators tied to the sustainability of the IT organization.
The report stated that investments in sustainable technologies can pay off by enabling new growth opportunities and efficiency standards. Sustainability has also become a competitive differentiator that ranks on an equal footing with brand trust among respondents.
Gartner advises organizations on the need to focus on IT infrastructure and workplace services while prioritizing tech investments based on an overall business strategy. Organizations can implement Gartner’s recommendations in a number of cases, including using cloud services to increase the utilization rates of shared resources and reduce environmental impacts; enterprise greenhouse gas emissions management software that can be used to facilitate collection, analytics, and reporting of past, present, and future emissions data.
Others include the use of sustainability applications to track ESG performance of third parties and the use of supply chain blockchain to protect, verify and trace transmissions.
According to Mark Raskino, research vice president at Gartner, the pandemic drew attention to a number of “deep societal trends,” such as the desire to change how employees work, and the fragility of global long-distance supply chains. Recently, Russia’s invasion of Ukraine simplified the macroeconomic factors that CEOs are now dealing with, such as inflation.
Raskino also said that organizations need a new sustainable technological framework to address the problem of leaders spending more on innovative solutions designed to address environmental, social, and governance (ESG)-based sustainability goals.
As efforts to consolidate strategic action potential continue, some companies have begun to hire sustainability officers to manage the affairs of sustainable technology, a sign that it is gaining ground among business leaders.
The sources for this piece include an article in ComputerWorld.
