According to a recent Gartner survey, 69% of CEOs see sustainability as a top corporate growth opportunity. They believe environmental sustainability is critical to their long-term strategy, ranking it among the top ten corporate priorities, ahead of productivity and efficiency. In line with the rising demand for ESG measures from businesses worldwide, Oracle Cloud Infrastructure (OCI) offers a high-performance green cloud solution with a strong commitment to sustainability. It provides a high-density computing environment powered by renewable resources, which aligns with the circular economy principles. Moreover, OCI allows companies to stay ahead of the competition while reducing their environmental effect. This blog discusses how OCI supports sustainable business practices and how Buchanan Technologies can help your business achieve sustainability goals with OCI.
Benefits of sustainable cloud solutions with OCI
Oracle Cloud Infrastructure (OCI) is an excellent option for businesses that want to improve their information technology capabilities and achieve sustainability since it provides various benefits that make it appealing. These benefits include:
Reduced Emissions With Cloud Migration
In addition to its obvious financial advantages, cloud computing provides a greener option for businesses trying to reduce their environmental footprint. Compared to an enterprise using an on-premises system, Oracle achieves substantially greater usage rates by managing and maintaining an extremely dense cloud computing environment. With OCI, an organization can have an elastic computing platform that grows dynamically, removing the need to create extra capacity in anticipation of future needs.
Contributing to the Circular economy
Nowadays, businesses no longer need computing hardware to execute their operations physically. They simply need to be able to compute. OCI consolidates hundreds of on-premises deployments, which simplifies hardware and supply logistics. The cloud’s inherent nature optimizes the delivery of new hardware, the management of spare parts, and the recycling or reuse of end-of-life gear. Furthermore, measurement is critical for lowering an organization’s environmental impact.
Oracle’s risk and performance management solutions enable you to measure, manage, and report on your sustainability initiatives by providing fast, comprehensive, and auditable environmental data. Businesses can ethically source materials, create and deliver goods, and design more environmentally conscious products. OCI’s sustainability analytics capabilities also improve environmental data collection while ensuring compliance with international regulations. Thus, enabling these functions of OCI optimally contributes to the circular economy.
Sustainable Supply Chain Management
OCI Supply Chain Management enables businesses to integrate sustainability into their operations by prompting companies to implement environmentally conscious design, circular procedures, and increased supply chain efficiency. Key recommendations include using recycled materials, optimizing demand forecasting to reduce waste, ensuring ethical sourcing, and improving manufacturing productivity.
Additionally, OCI helps companies track and enhance sustainability practices across the entire supply chain, from production to distribution, by leveraging the increased use of renewable resources, minimizing emissions, and monitoring environmental data. This holistic approach helps businesses meet their environmental, social, and governance (ESG) goals.
OCI’s Sustainable Expertise: The Buchanan Way
As a managed service provider, Buchanan enables customers to reduce their technology infrastructure footprint by migrating solutions to centralized, off-premises, cloud-based environments like OCI. This significantly minimizes the need for on-site hardware that requires space, power, and cooling, positively impacting climate change. Buchanan Technologies can guide your business in seamlessly implementing Oracle Cloud Infrastructure (OCI) and its sustainable solutions, ensuring your operations are optimized for both efficiency and environmental responsibility.
To learn more about our Oracle Cloud Manufacturing & Supply Chain Management (SCM) and other OCI-related solutions, click here or get in touch with us at https://www.buchanan.com/contact-us/.