Working in a competitive industry demands that you become a data-driven organization. As a technology solution provider, effectively leveraging data can unlock significant advantages, such as driving market expansion and fostering innovation. Unfortunately, all too many companies lack an analytical approach to decision-making.
Low-Carbon Fuels (LCFs) and Carbon Capture, Utilization, and Storage (CCUS) technologies are critical to achieving Net Zero Emissions (NZE). These decarbonization solutions are expected to see significantly wider adoption throughout the decade as government policies mandate sustainability goals and organizations aim to promote a positive brand image in customers' eyes.
One of the greatest global challenges we face today is the need to decarbonize. Environmental regulations and standards, rising energy costs, and increasing stakeholder expectations for sustainable operations are placing pressure on companies globally to establish sustainability targets and curb emissions. In particular, the industrial sector contributed around 30% of global emissions in 2023 according to the World Economic Forum, due to its significant energy requirements for industrial processes. As global economic growth and population rises, there is a greater need for companies to do more with what they have as materials and resources become scarcer.
If you’ve ever walked through a manufacturing plant or a utility site, you can’t help but notice how much is going on. Various equipment and machinery are constantly in use to keep production flowing. To power every one of these processes, industrial companies typically use fossil fuel-based energy sources that generate carbon emissions and harm the planet. To highlight this sustainability challenge, industrial emissions have increased by roughly 70% since the turn of the millennium. Besides the equipment and machinery used in industrial buildings, emissions pile up from the transportation of goods and components along the supply chain as well.
The year 2024 is set to be a big one for sustainability. Governments worldwide have introduced various policies in recent years that will drive further enterprise investment in green technologies in 2024. Sustainability has ingrained itself into corporate strategies as companies look to appease eco-conscious consumers and adhere to new green regulations. What will this year bring in terms of net-zero emissions efforts? How are enterprises reacting to increased demand to reduce carbon footprints? How can this be achieved? In this post, we’ll share five unique sustainability trends pulled from ABI Research’s annual trends whitepaper.
Market research goes hand-in-hand with maximizing profits at a business enterprise. Whether you’re a vendor or an enterprise implementer of a new technology, in-depth, data-backed intelligence can safely guide your organization toward sustained success. Technology research deliverables identify potential roadblocks and lucrative revenue opportunities for organizations, while giving you a reliable partner to consult with when questions about your respective market inevitably arise. Take, for example, the technology market research case studies we recently compiled, showcasing how our forward-looking methodologies help some of our biggest clients with their digitization journeys. In this blog post, let’s review four of these case studies to give you a better idea of what kind of results you can expect from ABI Research as a technology intelligence partner.
There is a 90% chance that the average global temperature will be warmer within the next five years than the previous five-year span, according to a recent update from The World Meteorological Organization (WMO). Just as alarming, the research also suggests that there’s an 86% likelihood that the planet will experience its hottest year on record by 2028. To help combat these environemental calamities, numerous software companies are offering carbon accounting solutions for enterprises. This post lists 14 of these companies, with some being household names and others being early startups.