20 Jul '11, 1pm

Cloud Computing Can Save Big Firms Billions in Energy Costs

Want to save money while shrinking your company's carbon footprint? Look no further than cloud computing, experts say. A new report released today by the Carbon Disclosure Project (CDP) makes the case for why technologies such as virtualization and third party-hosted services, applications and websites can save big bucks for big companies while avoiding millions of tons of greenhouse gas emissions in the process. "The reason I'm so excited about this report is the ICT sector has a decisive role to play in reducing greenhouse gas emissions and the accelerating of economic growth," said CDP Executive Chairman Paul Dickinson. "That decoupling is at the heart of what ICT is capable of." ICT -- information and communication technology -- has long been hailed as a weapon for reducing emissions in many industries, despite the sector's own growing carbon footprint. The report argu...

Full article: http://www.greenbiz.com/news/2011/07/20/cloud-computing-c...

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