Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

Google News

IBM Acquires Envizi for Environmental Performance Management

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

Tech major IBM has acquired Envizi, a leading data and analytics software provider for environmental performance management, for an undisclosed sum.

Envizi’s software automates the collection and consolidation of more than 500 data types and supports major sustainability reporting frameworks.

By using Envizi with IBM’s broader AI-powered software, companies will be able to automate the feedback generated between their corporate environmental initiatives and the operational endpoints being used in daily business operations.

“Envizi’s software provides companies with a single source of truth for analyzing and understanding emissions data across the full landscape of their business operations and dramatically accelerates IBM’s growing arsenal of AI technologies for helping businesses create more sustainable operations and supply chains,” – Kareem Yusuf, General Manager, IBM AI Applications.

Available as a SaaS solution and running in multi-cloud environments, Envizi serves leading brands such as Microsoft, Qantas, CBRE, Uber, abrdn, and Celestica, and its software can be applied to activities across a variety of industries.

“IBM’s global reach, depth of resources and breadth of expertise will help us to scale at an unprecedented pace,” said David Solsky, CEO and Co-Founder, of Envizi.

IBM last year announced plans to reach net-zero emissions by 2030.

The company said it will reduce its greenhouse gas emissions by 65 percent by 2025 compared to its emissions in 2010 and will also procure 75 percent of the electricity it consumes worldwide from renewable sources by 2025.


Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic