Growing Momentum for Cloud and AI in Sustainability Initiatives
Data from a poll conducted by MIT Technology Review Insights in 2024 suggests growing momentum for this dynamic duo: 38% of executives polled say that cloud and AI are key components of their company’s sustainability initiatives, and another 35% say the combination is making a meaningful contribution to sustainability goals (see Figure 1).
Figure 1: Cloud and AI in Sustainability Initiatives
[Figure: MIT_Infosys_Fig1-revised-1.png]
This enthusiasm isn’t just theoretical, either. Consider that 45% of respondents identified energy consumption optimization as their most relevant use case for AI and cloud in sustainability initiatives. And organizations are backing these priorities with investment—more than 50% of companies represented in the poll plan to increase their spending on cloud and AI-focused sustainability initiatives by 25% or more over the next two years.
Investment in Cloud and AI Sustainability Initiatives
Companies are putting their money where their mouths are, with plans to increase their spending on cloud and AI-focused sustainability initiatives. This investment is expected to lead to significant returns, as companies work to reduce their environmental impact and improve their bottom line.
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About This Content
This content was produced by Insights, the custom content arm of MIT Technology Review. It was not written by MIT Technology Review’s editorial staff.
Conclusion
The growing importance of cloud and AI in sustainability initiatives is clear. As companies continue to prioritize reducing their environmental impact, it’s likely that we’ll see even more investment in these areas. With the potential for significant returns, companies would be wise to consider the role that cloud and AI can play in their sustainability initiatives.
FAQs
- What percentage of executives say that cloud and AI are key components of their company’s sustainability initiatives?
38% - What percentage of respondents identified energy consumption optimization as their most relevant use case for AI and cloud in sustainability initiatives?
45% - How many companies plan to increase their spending on cloud and AI-focused sustainability initiatives by 25% or more over the next two years?
More than 50%
