DALLAS LONDON July 20, 2011 $12.3 billion
This is according to a new study by the Carbon Disclosure Project (CDP), "Cloud Computing: The IT Solution for the 21st Century," conducted by independent analyst research firm Verdantix and sponsored by AT&T.
According to the study, companies plan to accelerate their adoption of cloud computing from 10 percent to 69 percent of their information technology spend by 2020.
The report finds that a company that adopts cloud computing(3) can reduce its energy consumption, lower its carbon emissions and decrease its capital expenditure on IT resources while improving operational efficiency.
In addition to a predicted aggregate, annual carbon reduction of 85.7 million metric tons by large U.S. companies, cloud computing can:
- Help users avoid costly up-front capital investments in infrastructure
- Improve time-to-market as a new server can be created or brought online in minutes
- Provide greater flexibility as clouds allow firms to pay for excess capacity only when they need it
- Avoid the continual maintenance of excess capacity needed to handle spikes
- Improve automation that helps drive process efficiencies
Andrew Winston Green to Gold Green Recovery
Paul Stemmler Carbon
About the Carbon Disclosure Project (CDP)
Verdantix is an independent analyst firm focused on sustainable business. We provide authoritative data, analysis and advice to help our clients resolve their energy, environment and sustainability challenges.
the United States
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(2) Based on Bureau of Transportation Statistics average mpg, Federal Highway Administration average annual mileage and the Energy Information Agency gallons of gasoline per barrel of oil.
SOURCE AT&T Inc.