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

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