Alibaba to work with Malaysian companies to adopt AI-based sustainability tool

24 Jun 2023 01:04pm
Image for illustrative purposes only. - FILE PIX
Image for illustrative purposes only. - FILE PIX
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SINGAPORE - Alibaba Cloud plans to work with more Malaysian companies from various industries to adopt Energy Expert, its artificial intelligence (AI)-driven sustainability solution.

Alibaba Cloud Intelligence vice-president William Xiong said sustainability has become a global practice, and considering Malaysia’s goal of achieving its net zero agenda by 2050, the company anticipates a growing demand from various industries to integrate sustainability into their business operations.

"It is imperative for businesses to prioritise sustainable practices to remain competitive and aligned with the country’s sustainability goals.

"We are committed to exploring ways to bring more innovative and impactful technologies to our customers and partners in the market - the Energy Expert solution is one of them.

"With the Energy Expert solution to help enterprises monitor, analyse and optimise the carbon emission, we want to continue to serve more local customers and be one of the leading cloud service providers in Malaysia,” he told Bernama.

Alibaba Cloud has supported a number of businesses in Malaysia, including UEM Edgenta, Hond Tat Industries, Mesiniaga and VSTECS Bhd.

Since its global launch last year on June 30, 2022, Energy Expert has helped over 2,000 enterprises globally save energy or reduce carbon emissions.

Analysis by consultancy firm Accenture showed that enterprises migrating from local information technology (IT) infrastructures to cloud computing reduce their carbon footprint by 84 per cent on average.

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Research and consultancy company Gartner predicted that by 2025, more than 85 per cent of organisations would adopt a cloud-first principle and more than 95 per cent of new digital workloads will be deployed on cloud-native platforms.

Xiong stressed that promoting the transition to the cloud is a critical measure for carbon reduction and efficiency enhancement, not just for a certain group of businesses but for the broader economy.

"By embracing sustainable practices and migrating to the cloud, businesses can reduce their environmental impact while improving their operational efficiency.

"This allows companies to adapt more quickly to the digital era and run their business in a more sustainable manner, all while remaining agile and competitive in a fast-changing market,” he added. - BERNAMA