Are you future-ready? How tech can support the route to decarbonization

Ina  recent blog, we looked at the results of a survey by global consulting firm PwC of 4,410 CEOs across 105 countries and territories (1). It confirmed that there are now four main areas of concern:  

1. Revenue & profitability  
2. Risks of climate change 
3. Global economic uncertainty  
4. Privacy of data & cybersecurity 

In this blog, we’ll look take a closer look at revenue & profitability and the risks of climate change. We want to show how building automation technology can make a major difference in both areas. 

The PwC report leaves no doubt that CEOs are more aware than ever that their companies must evolve. As you would expect, multiple factors are having an effect. They include changing customer preferences, an uncertain economy, and the impact of new technologies. This is not a minor concern, as we can see with the huge public debate around AI at the moment. 

Companies ‘rise and fall’ more quickly these days. For those who want to stay in business and remain profitable, there is no room to be complacent. In addition, it’s clear that for a majority of businesses, staying ahead of new technology trends is essential. 

At the same time, businesses are having to get to grips with climate change. The nature of the threat varies depending on location and sector. But all companies share a need to decarbonize. The PwC survey does have some good news – companies are definitely taking steps to reduce their carbon consumption. However, it also indicates that some current strategies have been developed without the necessary information or understanding. 

Continue reading.

Image by user6702303 on Freepik

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