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IBM’s new AI-driven software could help businesses tackle climate risks

Author : Pankaj Singh | Published Date : 2021-10-13 

Incapacitating heat waves, destructive floods, and irrepressible wildfires have long shown the consequences of climate change. To help businesses address this, leading tech firm IBM Corporation has reportedly launched a suite of environmental intelligence software that uses artificial intelligence (AI).

For those unaware, climatic changes can pose a threat to an organization’s assets and can disrupt the supply chain as well as the operations. Hence, businesses require precise environmental insights to solve such issues.

However, current techniques are inefficient and complex, requiring more human effort, data science expertise, and computing capacity.

IBM’s new AI-driven suite, dubbed as IBM Environmental Intelligence Suite, will assist businesses in addressing these challenges, helping them identify and better understand how their work impacts the environment and the relevant actions they can take to reduce their carbon footprint.

The suite, which is a SaaS (Software as a Service) solution, reportedly leverages IBM's existing meteorological data, new IBM Research technologies, and advanced geospatial analytics. The solution is the first-of-its-kind to integrate AI with environmental, climate, and weather data to enable businesses to focus more on accurate analysis of climate risk at scale and take action to improve their operations.

Kareem Yusuf, General Manager at IBM, mentioned that the firm will use AI and hybrid cloud to offer environmental analytics to organizations. This further helps to enhance environmental performance and reporting, create more efficient business operations to minimize resource consumption, and plan for resiliency amidst climate challenges.

The IBM Environmental Intelligence Suite, through IBM Research's AI-driven innovations, will enable climate and data scientists to examine massive environmental datasets, as well as offer a new climate risk modeling framework that generates data on future wildfire and flood risks.

IBM's broader software portfolio, such as IBM Maximo Application Suite, already enables companies to protect and extend the lifecycle of their critical assets, and IBM Supply Chain Intelligence Suite allows companies to build more sustainable and resilient supply chains. These solutions can be integrated with the Environmental Intelligence Suite for additional efficiencies across business operations.

Source Credits –

https://www.prnewswire.com/news-releases/ibm-unveils-ai-driven-software-for-environmental-intelligence-helping-businesses-address-sustainability-objectives-and-climate-risk-301397509.html

About Author

Pankaj Singh

Pankaj Singh

Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605

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