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On Thu, 28 Nov, 4:05 PM UTC
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India is a Leader in AI-Driven Sustainability Initiatives, Says IBM 2024 Report
Water usage remains a significant sustainability challenge in India. India is emerging as a global leader in AI-powered sustainability. According to IBM's first-ever State of Sustainability Readiness Report, 98 percent of Indian business leaders surveyed plan to increase investments in IT for sustainability over the next 12 months. The research highlights that the majority of Indian respondents view investments in IT as vital not only for environmental responsibility but also to drive long-term business resilience (61 percent) and brand reputation (64 percent). Also Read: Most Indian CFOs See GenAI Enhancing Tax Efficiency, EY Survey "As sustainability becomes central to business growth strategies, AI is proving to be a game-changer in driving responsible growth," said Sandip Patel, Managing Director of IBM India/South Asia, in a statement on November 28. "Today, India stands out as a leader in AI-driven sustainability. Business leaders across the country view sustainability as a strategic lever for transformation, and IBM is advancing AI solutions to help accelerate their sustainability goals," Patel added. Almost universally, respondents had a positive take on AI's potential for sustainability: 9 out of 10 surveyed executives globally agree that AI will positively influence achieving their sustainability goals. In line, most Indian executives (96 percent) believe that AI can positively impact their sustainability goals. Underscoring India's commitment to sustainable innovation, most business leaders are already leveraging the power of AI, with 64 percent of Indian companies actively using AI in their sustainability efforts, the report said. The report also highlights water usage as one of the top challenges specific to Indian companies. Brand reputation (64 percent) is the top driver of IT sustainability investment at companies in India, followed by long-term business resilience (61 percent). While 81 percent of Indian leaders adopt a proactive approach towards Climate Resilience, 54 percent implement opportunity-driven sustainability investments. Further, 79 percent of Indian leaders report having mature systems to track sustainability goals through data. Also Read: IBM Releases New AI Models Built for Business The report calls on businesses to invest in AI tools tailored to sustainability and improve data visibility across organisational levels to bridge perception gaps. The State of Sustainability Readiness 2024 report was conducted independently by Morning Consult and sponsored, analysed and published by IBM. The survey, conducted between April and May 2024, included 2,790 business leaders and decision-makers across 15 industries and 9 countries, including India.
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India is a leader in AI-driven sustainability initiatives: report
Almost universally, respondents had a positive take on AI's potential for sustainability: nine out of 10 surveyed executives globally agree that AI will positively influence achieving their sustainability goals. In line, most Indian executives (96%) believe that AI can positively impact their sustainability goals. Around 98% of Indian business leaders surveyed in IBM's first-ever state of sustainability readiness report are planning to increase investment in IT for sustainability over the next 12 months. The research emphasises that the majority of Indian respondents view investments in IT as vital not only for environmental responsibility but also to drive long-term business resilience (61%) and brand reputation (64%). "As sustainability becomes central to business growth strategies, AI is proving to be a game-changer in driving responsible growth," said Sandip Patel, Managing Director of IBM India/South Asia in a statement. "Today, India stands out as a leader in AI-driven sustainability. Business leaders across the country view sustainability as a strategic lever for transformation, and IBM is advancing AI solutions to help accelerate their sustainability goals," added Patel. Almost universally, respondents had a positive take on AI's potential for sustainability: nine out of 10 surveyed executives globally agree that AI will positively influence achieving their sustainability goals. In line, most Indian executives (96%) believe that AI can positively impact their sustainability goals. Underscoring India's commitment to sustainable innovation, most business leaders are already leveraging the power of AI, with 64% of Indian companies actively using AI in their sustainability efforts. The report also highlights water usage as one of the top challenges specific to Indian companies. Brand reputation (64%) is the top driver of IT sustainability investment at companies in India, followed by long-term business resilience (61%). While 81% of Indian leaders adopt a proactive approach towards climate resilience, 54% implement opportunity-driven sustainability investments. Further, 79% of Indian leaders report having mature systems to track sustainability goals through data. The state of sustainability readiness 2024 report was conducted independently by morning consult and sponsored, analyzed and published by IBM. Interviews were conducted between April and May of 2024 with 2,790 business leaders and decision-makers across 15 industries and nine countries, including India.
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IBM's State of Sustainability Readiness Report 2024 Shows India is a Leader in AI-Driven Sustainability Initiatives
-Business leaders in India see the benefits of investing in IT for sustainability, with 98% planning to increase investments in IT for sustainability over the next 12 months -96% of Indian executives surveyed believe AI will positively influence sustainability goals IBM (NYSE: IBM) released its first-ever State of Sustainability Readiness Report 2024, revealing that 98% of Indian business leaders surveyed are planning to increase investment in IT for sustainability over the next 12 months. The research emphasizes that the majority of Indian respondents view investments in IT as vital not only for environmental responsibility but also to drive long-term business resilience (61%) and brand reputation (64%). "As sustainability becomes central to business growth strategies, AI is proving to be a game-changer in driving responsible growth," said Sandip Patel, Managing Director of IBM India/South Asia. "Today, India stands out as a leader in AI-driven sustainability. Business leaders across the country view sustainability as a strategic lever for transformation, and IBM is advancing AI solutions to help accelerate their sustainability goals," added Patel. AI for Sustainability Almost universally, respondents had a positive take on AI's potential for sustainability: 9 out of 10 surveyed executives globally agree that AI will positively influence achieving their sustainability goals. In line, most Indian executives (96%) believe that AI can positively impact their sustainability goals. Underscoring India's commitment to sustainable innovation, most business leaders are already leveraging the power of AI, with 64% of Indian companies actively using AI in their sustainability efforts. Challenges and drivers The report also highlights water usage as one of the top challenges specific to Indian companies. Brand reputation (64%) is the top driver of IT sustainability investment at companies in India, followed by long-term business resilience (61%). While 81% of Indian leaders adopt a proactive approach towards Climate Resilience, 54% implement opportunity-driven sustainability investments. Further, 79% of Indian leaders report having mature systems to track sustainability goals through data. Actionable Recommendations IBM's State of Sustainability Readiness Report provides key recommendations to business leaders and organizations eager to confront sustainability challenges. Among them: Invest in the AI tools that are right for your organization - For example, generative AI can provide insights that help identify opportunities to reduce carbon emissions and create scenarios and algorithms for more sustainable business practices. This can provide organizations the insights needed to address climate crises and turn sustainability ambition into action.Lean in on data to lessen the perception gap between C-suite and lower-level decision makers - As top challenges to sustainability continue to evolve, organizations should collect data from across their business to better understand the difference in perceptions between C-suite and lower-level decision makers. Leveraging data analysis and reporting tools can uncover blind spots and maintain visibility and alignment across the organization. The State of Sustainability Readiness 2024 report was conducted independently by Morning Consult and sponsored, analyzed and published by IBM. Interviews were conducted between April and May of 2024 with 2,790 business leaders and decision-makers across 15 industries and 9 countries, including India. For the full report, visit https://www.ibm.com/think/reports/sustainability-readiness About IBM IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit ibm.com for more information.
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IBM's State of Sustainability Readiness Report 2024 highlights India's leadership in AI-powered sustainability efforts, with 98% of Indian business leaders planning to increase IT investments for sustainability.
IBM's first-ever State of Sustainability Readiness Report 2024 has revealed that India is at the forefront of AI-powered sustainability initiatives. The report, conducted independently by Morning Consult and sponsored by IBM, surveyed 2,790 business leaders across 15 industries and 9 countries, including India 1.
A staggering 98% of Indian business leaders surveyed plan to increase investments in IT for sustainability over the next 12 months. This commitment is driven by the belief that such investments are crucial not only for environmental responsibility but also for long-term business resilience (61%) and brand reputation (64%) 2.
The report highlights a widespread optimism regarding AI's potential in achieving sustainability goals. Globally, 9 out of 10 surveyed executives agree that AI will positively influence their sustainability objectives. In India, this sentiment is even stronger, with 96% of executives believing in AI's positive impact on sustainability goals 3.
Underscoring India's commitment to sustainable innovation, 64% of Indian companies are already actively using AI in their sustainability efforts. This proactive approach demonstrates the country's leadership in leveraging cutting-edge technology for environmental and business benefits 1.
While India is making significant strides in AI-driven sustainability, the report also identifies water usage as one of the top challenges specific to Indian companies. Brand reputation (64%) emerges as the primary driver of IT sustainability investment in India, followed closely by long-term business resilience (61%) 2.
The report reveals that 81% of Indian leaders adopt a proactive approach towards climate resilience. Additionally, 54% implement opportunity-driven sustainability investments, indicating a strategic view of sustainability as a business advantage 3.
A significant 79% of Indian leaders report having mature systems to track sustainability goals through data. This emphasis on data-driven decision-making aligns with the growing importance of AI and analytics in sustainability efforts 1.
Based on the findings, IBM recommends that organizations invest in AI tools tailored to their specific needs. For instance, generative AI can provide insights to reduce carbon emissions and create scenarios for more sustainable business practices. The report also emphasizes the importance of leveraging data analysis to bridge perception gaps between C-suite and lower-level decision-makers, ensuring alignment across the organization 3.
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A recent survey by Pure Storage reveals a significant increase in AI adoption across Indian businesses, but highlights growing concerns about energy demands and infrastructure challenges that may hinder sustainability goals.
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A recent IBM study shows that Indian companies are making substantial progress in AI implementation, with 87% reporting significant advancements in their 2024 AI strategies and 76% achieving ROI-driven results. The study also highlights a growing interest in open-source AI tools and the importance of responsible AI practices.
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IBM India's Managing Director, Sandip Patel, emphasizes India's pivotal role in the global AI landscape, stressing the importance of responsible AI adoption and the country's digital transformation.
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India is at the forefront of global AI adoption, with 79% of companies planning to increase AI budgets in 2025. The country shows the highest daily AI usage among workers and demonstrates strong confidence in AI's ROI, driven by mandatory policies and extensive training programs.
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A new study by Amazon Web Services (AWS), Accenture, and Intel highlights the potential for significant reduction in carbon emissions from AI workloads in India. The research demonstrates how cloud computing can make AI more environmentally friendly.
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