IBM Acquisition to Help Organizations Accelerate Sustainability Initiatives and Achieve Environmental Goals
IBM (NYSE: IBM) today announced it has acquired Envizi, a leading data and analytics software provider for environmental performance management. This acquisition builds on IBM's growing investments in AI-powered software, including IBM Maximo asset management solutions, IBM Sterling supply chain solutions and IBM Environmental Intelligence Suite, to help organizations create more resilient and sustainable operations and supply chains. This acquisition closed on January 11, 2022. Financial details were not disclosed.
IBM is already using Envizi to help streamline tracking and reporting of its progress against the company's own goals in renewable electricity procurement and greenhouse gas (GHG) emissions reduction.
