22 Jul 2011 08:07:01
Cloud computing 'can save millions of tons of CO2'
New research from the Carbon Disclosure Project (CDP) has revealed the extent to which cloud computing can slash CO2
Cloud Computing: The IT Solution for the 21st Century suggested US companies could save 85.7 million metric tons of CO2
annually by moving to the cloud. This is the equivalent of 200 million barrels of oil.
According to the research, cloud computing can help organisations last both their energy consumption and CO2
emissions, while saving money and increasing operational efficiency.
However, many of the companies which participated in the research said boosting their environmental performance was not their primary motivation for moving to the cloud.
Paul Stemmler from Citigroup said: "Carbon reduction is one driver, but not the primary driver. The primary driver is time to market."
By 2020 cloud computing is expected to account for 69 percent of IT spend, up from around ten percent today.
The CDP currently acts on behalf of 551 institutional investors and over 3,000 organisations disclose their greenhouse gas emissions, water management and climate change initiatives through the project.