IBM has announced the acquisition of Australian company Envizi. It says an environmental performance management solution that will be integrated into IBM’s portfolio oriented towards sustainable development.
The issue of sustainable development has become important again in recent months for companies. It is to support this trend that IBM announced the acquisition of Envizi, an Australian company specializing in environmental performance management. The publisher has been working on its platform since 2004. It was originally used by utility operators to enter data recorded by connected electricity meters and to manage the integration of this data into tariff motors in order to calculate electricity bills. In 2008, the Sydney-based company changed its name to CarbonSystems, expanding its reach and developing a fully-fledged carbon accounting engine.
Five years later, the company returned to its roots in energy management, expanding and improving the energy management functionality of its original product to include further integration into buildings at the equipment level. and sensors. With this broader product offering, the company opted for the Envizi name to better reflect all of its capabilities. Today, Envizi is a global software company. Its teams are physically located in Australia, the United Kingdom, the United States and Canada.
Basically, Envizi’s software automates the collection and consolidation of over 500 types of data and supports major sustainability reporting frameworks. Its dashboards give companies the ability to analyze, manage and report on their environmental objectives, identify opportunities for efficiency and assess the risks associated with sustainable development. Available as a Software-as-a-Service (SaaS) solution and capable of operating in multi-cloud environments, Envizi serves leading companies like Microsoft, Qantas, CBRE, Uber and Celestica, and its software can be applied to businesses. from several sectors.
Integration with Maximo, Sterling and Environmental Intelligence
From IBM’s point of view, the acquisition will be integrated into several products. These include Maximo asset management solutions, Sterling supply chain services, and the Environmental Intelligence suite, which help businesses build more resilient and sustainable supply chain and operations. Envizi is also expected to help expand IBM Consulting’s growing sustainability business, which helps clients meet sustainability commitments faster.
“If they are to make real environmental progress, companies must be able to transform data into predictive information so that they can make smarter, more informed decisions every day,” said Kareem Yusuf, general manager of IBM AI Applications. . “Envizi’s software provides businesses with a trusted single source to analyze and understand emissions data at all levels of their business operations and dramatically accelerates IBM’s growing AI technologies to help businesses achieve create more sustainable operations and supply chains, ”he added.
A growing market
For David Solsky, CEO and co-founder of Envizi, IBM’s global reach, depth of resources and breadth of expertise will help the company grow at an unprecedented rate. “By coming under the IBM fold, we are more confident than ever in our ability to achieve our goal of providing our customers and partners with the world-class tools they need to reduce their operational impact and optimize this performance. low carbon future, ”he said.
The acquisition, the terms of which were not disclosed, closed on January 11. This market is in full swing with increasingly strong demands from companies in this area. Regulatory constraints (with the different scopes), brand image and real savings to the key, the question of decarbonization of IT is back in force on the front of the stage. We can therefore expect movements and redemptions on this subject during the year 2022.