Intelligent CIO LATAM Issue 32 | Page 39

CIO OPINION
Companies can unlock value and sustainability gains in many ways , now and in the future .
Jim Chappell , Global Director of AI at AVEVA

How AI will help bridge the sustainability gap

Jim Chappell , Global Director of AI , AVEVA , says AI is a pivotal force in bridging the gap between economic growth and environmental sustainability .

AI is rapidly closing the gap between the pursuit of profits and environmental sustainability , accelerating the scale and pace of the necessary sustainability solutions to address the worsening climate crisis .

AI is increasingly playing a vital role in the world ’ s transition to greener operations . In fact , about 87 % of industrial leaders see AI as a useful tool in the fight against climate change , according to a recent BCG survey . Approximately 43 % plan to leverage the science in their own efforts against climate change .
AI technologies are already supporting companies on the path to achieving their net-zero emissions goals and helping decarbonize hard-to-reduce sectors .
While generative AI has dominated the headlines recently , industries are also incorporating other types of AI technologies in different ways to integrate new sources of renewable energy into production lines , drive greater productivity and efficiency , leverage new insights to make better decisions and build more agile and resilient operations .
Let ’ s look at just four main AI technologies that are used across the industrial spectrum today .
• AI-driven predictive analysis can help companies anticipate demand , optimize supply chains , forecast anomalies in assets and optimize inventory levels in real time . By using statistical algorithms and Machine Learning technologies , www . intelligentcio . com INTELLIGENTCIO LATAM INTELLIGENTCIO LATAM 39