Large enterprises in Ireland spending €1.3m on green tech
Auxillion Donal Sullivan says it makes business sense

Large enterprises in Ireland spending €1.3m on green tech

LARGE enterprises of 250+ staff or more in Ireland are spending an average of €1.3m annually on green technology.

According to research by Park West IT services provider Auxilion, this means that the total annual spend for these businesses in this area is nearly €1bn cumulatively (€970m).

The research also found that companies here are ahead of their UK counterparts in adoption of green tech, with 74 per cent already using it compared to 63 per cent in the UK.

It also showed that over 90 per cent of companies have already or will invest in AI-driven sustainability solutions in the next two years, amongst plenty of other strong statistics.

The study – carried out by Censuswide and supported by Hewlett Packard Enterprise – involved more than 100 IT decision-makers in enterprises (250+ employees) across Ireland.

Some 82 per cent of respondents said that AI has a significant role to play in helping to meet sustainability targets.

Cloud computing was also highlighted as a key sustainability asset, with more companies investing in it this year compared to a similar Auxilion study 12 months.

Meanwhile 40 per cent of IT leaders said they would leave their current role to work for a company that is known for leading on sustainability, while 81 per cent agreed that it is crucial for recruitment and retention.

Auxilion CTO Donal Sullivan said: “With sustainability only set to grow in importance across the value chain, businesses also need to leverage technologies – from AI to cloud – and service providers which enable them to support their sustainability goals and meet targets.

“ Going green also makes business sense in terms of attracting customers and talent, thus driving growth and futureproofing operations. However, organisations need to be smart when it comes to this investment to ensure they get the real value of and can make a real impact with these technologies.”

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