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Cloud Computing – The IT Solution for the 21st Century

An Article by "Carbon Disclosure Project", posted on https://www.cdproject.net/en-US/WhatWeDo/Pages/Cloud-Computing.aspx

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Across business, executives are looking for ways in which they can operate more
 sustainably and thereby increase their competitive edge. Information Communications 
Technology (ICT) is seen as a key area of focus for achieving sustainability goals. 
This report shows that business use of cloud computing can play an important role
 in an organization’s sustainability and IT strategies: improving business process
 efficiency and flexibility whilst decreasing the emissions of IT operations.
This study used detailed case study evidence from 11 global firms and assessed
 the financial benefits and potential carbon reductions for a firm opting for a particular 
cloud computing service. It also demonstrates how projected cloud computing 
adoption could drive economy-wide business benefits from a financial and carbon
 reduction perspective in the US.
The results show that by 2020, large U.S. companies that use cloud computing
 can achieve annual energy savings of $12.3 billion and annual carbon reductions
 equivalent to 200 million barrels of oil – enough to power 5.7 million cars for one 
year.
The report also delves into the advantages and potential barriers to cloud computing 
adoption and gives insights from the multi-national firms that were interviewed.

You can download the complete report from HERE


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