FSIs are continuously moving data and compute into the cloud for agility and flexibility. Sustainability is a positive side effect. Accenture research calculated that cloud migration can reduce global carbon emissions by 59 million tons per year — an equivalent of 22 million cars off the road.
Goals and Objectives
Reduce the carbon footprint of an organization through cloud migration.
Reduce the cost of data storage.
Prioritize green data vendors/partners.
Develop a strategy to manage data growth and implement automatic deletion protocols.
Public cloud, renewable energy, RPA/intelligent automation, data monitoring, APIs, and ESG scoring of partners
Use Case Summary
For years, data volumes have grown exponentially. As FSIs become more data driven, data consumption and data storage will increase, making sustainable data management a key factor in their ESG strategy. This means moving to carbon-neutral infrastructures, prioritizing green data sources, and implementing data deletion strategies.