Dell study says 9 in 10 respondents in India understand all environmental regulations
Businesses in India have cited driving sustainable innovations as Top Improvement Area, according to Dell Technologies Research report on 13 June http://dell.com .
It said:
• 70% respondents are prioritizing the use of sustainable products and solutions https://mnre.gov.in/ ;
• 54% are using data to understand and reduce environmental impact and inform innovation goals;
• 67% respondents admit to struggle to keep up with environmental challenges https://www.meity.gov.in/ .
The Asia Pacific and Japan (APJ) findings of the Dell Technologies Innovation Catalyst Research revealed how businesses are embarking on sustainability strategies https://www.digitalnewsasia.com/ .
While 38% respondent across APJ cited that becoming more environmentally sustainable is one of the top 5 most important innovation goals, 45% respondents in India agreed http://copilot.microsoft.com .
With the benefits of remarkable transformation through Artificial Intelligence (AI) http://openai.com adoption, industries will need to improve knowledge on how to sustainably manage power hungry AI deployments https://ai.google/ .
The research discovered a top priority of respondents is using Artificial Intelligence (AI) to inform and optimize sustainability efforts, six in 10 respondents in India believed that using the technology will compromise environmental sustainability efforts https://www.digitalasiahub.org/ .
While challenges in complying with Environmental, Social and Governance (ESG) standards and driving sustainable innovation remain, over 9 in 10 respondents in India claimed to understand all the environmental regulations their organizations need to comply with. 56% admit that driving environmentally sustainable innovations, is an improvement area http://digitalindia.gov.in .
Leveraging AI, ML, and data science in order to improve the trajectory to meet sustainability goals remains a top priority for businesses across the region. Hiring the right talent with the required skills in another key area of focus http://ibm.com .
Improving Energy Efficiency with Sustainable Technology
Improving energy efficiency was cited as one of the top sustainability priorities for businesses. Organizations in India are currently taking actions such as using alternative cooling solutions in data centres (95%), moving AI inferencing to the edge for greater energy efficiency (91%) and experimenting with as-a-Service solutions to manage IT environments (95%) more consciously. Through right-sizing AI models and infrastructure, they are able to minimize IT carbon footprint https://www.climatebonds.net/ .
Role of GenAI Still to be Defined
Upon evaluating the impact of GenAI on sustainability in Indian organizations, almost eight in 10 believe using AI will compromise environmental sustainability efforts. 48% claim that environmental concerns about the increased energy use and associated greenhouse gas emissions needed to train AI models, are holding them back from embracing AI and GenAI.
On the contrary, 51% of respondents believe GenAI should be first applied to improve environmental footprint as well as inform decisions around energy reduction and sustainable practices. This indicates some interest in exploring the potential of AI to fast-track sustainability efforts.
Third-Party Technology Vendors Play a Crucial Role
As businesses continue to refine and optimize their sustainability strategies, 86% of respondents in India cite seeking help from third-party partners to achieve their goals and aid in their sustainability drive.
Working closely with technology vendors to advance sustainability initiatives requires more accountability, trust, communication between businesses and their ecosystem partners – 95% expect their tech vendors to have transparent and clear sustainability goals and demonstrate accountability for the emissions generated across their value chain.
About the Innovation Catalyst Study
Dell Technologies commissioned Vanson Bourne to conduct this research. The study surveyed 6,600 respondents from organizations with more than 100 employees from across North America, LatAm, EMEA, APJ and Greater China http://hbr.org . These organizations are from a range of public and private sectors.
All respondents either drive or influence innovation in their organization. Of the total number of respondents, 3,330 are IT decision-makers (ITDMs) and 3,330 are business decision-makers (BDMs).
The interviews were conducted online and via telephone in September, October and November 2023, said Dell. Fiinews.com
