Envision Digital and IBM are to collaborate to develop renewable energy management solutions.
The collaboration will help organisations and governments around the world drive business results and meet energy efficiency goals while progressing on their digital transformation journeys.
The current pandemic has forced organisations and governments to confront the risks from inaction on climate change.
While a slowdown in economic activity due to shelter-in-place restrictions has temporarily reduced carbon emissions by 17%, businesses are increasingly acknowledging the need to reinvent themselves if they are to simultaneously pursue business recovery and growth.
Depending on the actions businesses take, the result could be a rise in energy consumption or environmental sustainability.
This collaboration will leverage Envision Digital’s Artificial Intelligence of Things technology and IBM’s sustainability management offerings and solutions to allow organisations to decarbonise their business and operating models more efficiently and seamlessly.
Working together, Envision Digital and IBM aim to help organisations facilitate strategic planning and day-to-day operations and maintenance – all the way down to product or facility lifecycle management.
Headquartered in Singapore, Envision Digital owns EnOS – the AIoT operating system that currently manages more than 200GW of energy assets globally.
Driven by machine learning, Envision Digital’s proprietary monitoring, advanced analytics, forecasting, and optimising applications provide actionable insights and reliable controls to better manage assets’ energy performance.
This includes proactively detecting and diagnosing emerging system underperformance or component health issues, as well as providing recommendations or interventions for pre-emptive or corrective action.
Envision Digital international president Sylvie Ouziel said: “Envision Digital is the technology net-zero partner for companies and governments, reconciling green and growth, efficiency and environment.
“We are focused on leveraging today’s capabilities of advanced AI and IoT technologies to ensure a sustainable tomorrow, together with key players across economies and societies who share the same sense of urgency for change.
“Our collaboration with IBM will help accelerate this process.”