October

From Our Expert’s Desk

Welcome to the latest edition of Forsys Frame. In this issue, we bring attention to the significance of sustainable technology and how it can conserve resources, minimize environmental impact, and ensure that today's consumption does not compromise the needs of future generations. We will also see how Forsys is helping enterprises leverage technology for the same.

The Rise of Eco-Friendly Tech: Beyond the Buzzword

For years, the term sustainable technology seemed like a buzzword in boardrooms and among marketers. But as we delve deeper into 2023, it is apparent that sustainable tech is not just a trend—it is a necessity. Companies across the globe are investing in technology that promises a brighter, more sustainable future for all.

Statistics show that e-waste in 2019 was about 54 million metric tons, which is expected to increase by almost 30% in 2030, to 74.7 million metric tons. To overcome the e-waste impact on the environment, technology can play a pivotal role.

Gartner defines sustainable technology as an outline of digital solutions that can promote Environmental, Social, And Governance (ESG) outcomes for businesses and customers. The urgency in taking giant leaps at sustainability is explained with a few points below:

Migrating to the Cloud is 5 times more energy efficient than being on-premises 5-10% reduction in CO2 emissions when processes are optimized using AI-driven and cloud-based data & digital platforms. 50% of the CIOs will have performance metrics tied to sustainability of IT organizations. ~50% of the CEOS are launching new products and services for sustainability in line to reduce theScope 3 Emissions >60% companies constitute ESG as a key focus area of their digital transformation process.

Technology & Sustainability Go Hand-in-Hand

In the face of global sustainability challenges, ranging from climate change to waste production, technology stands as a pivotal solution. Whether it's accelerating the transition to renewables, enhancing supply chain transparency, or promoting regenerative practices, tech offers timely and efficient tools to address these pressing concerns, paving the way for a sustainable future.

One of the much talked about technology that is revolutionizing the workflow across industries is Generative AI. It is not just an innovation; it's a sustainability powerhouse, transforming industries with unparalleled vigor:

Revolutionary Design Beyond mere aesthetics, AI crafts groundbreaking designs in manufacturing and architecture, championing eco-efficiency at its zenith.	Waste Annihilation No more needless excess. Generative AI masterfully predicts and fine-tunes production, slashing waste, and setting a new gold standard for sustainable operations.	Supply Chain Mastery No guesswork, just precision. AI's forecasting prowess ensures judicious resource utilization, obliterating overproduction.
Agricultural Renaissance From seed to harvest, AI's predictive might guarantee food sustainability, turning the tables on wastage.	Energy Alchemy Transforming the energy landscape, AI optimizes consumption rhythms, fueling a relentless march towards renewables and a diminished carbon footprint.	Material Breakthroughs More than discovery, it's a revolution. AI pioneers the quest for sustainable materials, reshaping longevity, and environmental harmony.
Tailored Perfection In fashion and retail, AI's magic touch enables on-the-spot production, banishing overstock shadows, and championing waste-free elegance.
With generative AI at the helm, industries are not just evolving; they're soaring, etching an indelible mark on the canvas of sustainability.

Forsys Assets on Sustainability

Case Study Forsys’ Customized Solution Streamlines Planned Orders Data, Reduces 20% in Carbon Footprint Read More

Article API-Led Ecosystems: The Game Changer in Sustainability Efforts Read More