Here is today’s sustainable IT services news, research and analysis -- written for technology partners, green IT service providers, CIOs, chief sustainability officers (CSOs) and climate accounting professionals.
A. Sustainable Technology, Talent, Partnerships and Green IT Alliances
1. Cloud Services: Microsoft Cloud for Sustainability has gained several updates, including enhancements to (1) AI-powered analytics and reporting in Microsoft Sustainability Manager, (2) the general availability of what-if analysis and intelligent insights, and (3) updates to Project ESG Reporting, according to a blog from Brandon Potter, director for Microsoft Cloud for Sustainability.
2. Partnership - IT Consulting and Cloud Services: Infosys and Microsoft expanded their existing cloud partnership. Among the key areas of focus: The Infosys Energy Management Solution, coupled with Microsoft's commitment to sustainability, will "accelerate the net zero journey for customers," the two companies said.
3. Software - Renewable Energy Management: TruBoard Partners has launched TruGreen, a software platform for managing renewable energy assets. The software has five modules: (1) TruAnalytica for real-time performance management analytics, (2) TruBuyer for renewable procure-to-pay solutions, (3) TruCovenant for enterprise compliance management, (4) TruOps for CMMS-based paperless operations, and (5) TruPrediction for accurate forecasting and scheduling capabilities.
4. AI and Energy Consumption: EvoChip claims it can cut AI energy usage by up to 1000 times, though we have not independently confirmed the company's claims.
5. Self-Driving Cars: Tesla's long-anticipated Robotaxi conference is today... Stay tuned for updates.
6. Elon Musk vs. OpenAI Case: OpenAI accused Elon Musk of harassment in a legal fight that’s unfolding as the startup weighs a plan to shift to a for-profit business model, The LA Times reported.
B. Sustainability M&A, Climate Tech Investments, Funding and Green IT Business Launches
1. Amazon Investments: The Amazon Climate Pledge Fund has invested in Molg, Paebbl, and 14Trees, the company said.
2. Accelerator: NEC X, a Silicon Valley venture studio backed by NEC’s advanced technologies, has selected seven startups for its Batch 12 cohort. A few of the startups focus on sustainability. Examples include CEQAbase (environmental impact reporting software) and LandWise Analytica (promotes sustainable agriculture through data-driven AI algorithms).
3. Investment - Renewable Energy Startup: Goldman Sachs has invested $440 million into BrightNight, a renewable energy startup.
4. Financing - Data Center Connectivity: DC BLOX, a data center platform, has raised additional funding from Post Road Group and Bain Capital Credit. DC Blox now has the power to deploy "over $1 billion of total capital," though we don't know how much money each of the investors pumped into the data center company.
5. Complete M&A List: Here's our database of all M&A deals involving green IT and renewable energy buyers, sellers and investors.
C. Regional and Global Sustainability Policies and News
1. United States - Another Hurricane Hits Florida: Hurricane Milton struck Florida's west coast on Wednesday evening, October 9, and then moved across the state before reaching the Atlantic Ocean. To track the storm's impact and associated emergency news, check out the the Florida Division of Emergency Management (FDEM) website.
2. United Kingdom - Leadership: Emma Pinchbeck was appointed the new head of the UK’s Climate Change Committee, which advises the government on how to meet its net-zero goals, Bloomberg reported.
D. Sustainability and Green Technology Conference Calendar
- Clean Energy Transition Asia (CETA) Exhibition and Summit 2024 (October 9-11, Malaysia)
- IGEM 2024: International Greentech & Eco Products Exhibition and Conference Malaysia (October 9-11, Malaysia)
- Industrial Transformation Asia-Pacific 2024 (October 14-16, Singapore)
- Sustainable Brands SB 2024 (October 14-17, San Diego, California)
- Textile Printing & Sustainability Conference (TPS) 2024 (October 15-16, Düsseldorf, Germany)
- Complete Calendar of Sustainability Conferences
E. Previous Updates & Future News
