In today’s evolving business landscape, sustainability is no longer a nice-to-have but a must-have for enterprises. Customer preferences and investor scrutiny are driving the need for organizations to consider environmental, social, and governance (ESG) criteria. Chief Information Officers (CIOs) play a vital role in driving the sustainability agenda of their organizations by aligning their IT strategies with corporate sustainability goals. Process automation and data analytics are two key technologies that can support business and ensure sustainability.
Process automation allows enterprises to automate and optimize their operations, reducing energy consumption, greenhouse gas emissions, and waste generation. It automates repetitive, manual, and error-prone tasks, such as data entry, invoice processing, and inventory management. The Singapore University of Technology and Design has implemented a procurement system that automates the purchasing process, reducing costs and improving efficiency.
Data analytics helps enterprises analyze and visualize data to monitor and report their sustainability performance. It helps identify and prioritize sustainability issues and risks, as well as opportunities and benefits. StarHub’s solution for Facility Managers allows real-time tracking of building assets and performance, enabling better decision-making and improving overall efficiency.
By leveraging process automation and data analytics, enterprises can implement a sustainability-driven strategy that leverages emerging technologies like artificial intelligence, the Internet of Things, blockchain, and cloud computing. This combination allows organizations to transform their business models, processes, and culture to become more sustainable and resilient.
Sustainability not only helps achieve environmental and social goals but also provides a competitive edge and enhances reputation. CIOs have the opportunity to demonstrate their leadership, influence, and value in the digital age by embracing sustainability and driving innovation in managing IT infrastructure.
Overall, CIOs can lead in achieving enterprise sustainability goals by aligning IT strategies with corporate sustainability goals, leveraging process automation and data analytics, and embracing emerging technologies to drive innovation.