IBM Introduces AI-Driven Software That Can Detect Weather and Climate Risks To Help Companies Improve Operational Challenges

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The offering is the first to bring together AI, weather data, climate risk analytics, carbon accounting capabilities, operational data, and environmental performance management into a single solution.

(Source: IBM)

The IBM Environmental Intelligence Suite helps free teams from cumbersome processes with access to more than six petabytes and 750 analytics-ready geospatial-temporal data layers, including satellite imagery, weather, demographic, land and sea, agricultural data, and more. Add a company’s own data to gain even deeper insights around decisions that matter. Credit: IBM

IBM announces on 12 October 2021 the release of its new suite of environmental intelligence software solution, Environmental Intelligence Suite, that leverages AI to help organisations prepare for and respond to weather and climate risks that may disrupt business, more easily assess their own impact on the planet, and reduce the complexity of regulatory compliance and reporting.

The software is a SaaS solution that is designed to help organisations:

 

  • Monitor for disruptive environmental conditions such as severe weather, wildfires, flooding and air quality and send alerts when detected;
  • Predict potential impacts of climate change and weather across the business using climate risk analytics;
  • Gain insights into potential operational disruptions and prioritise mitigation and response efforts;
  • Measure and report on environmental initiatives and operationalise carbon accounting, while reducing the burden of this reporting on procurement and operations teams.

Companies are facing climate-related damage to their assets, disruptions to supply chains and operations, as well as increasing expectations from consumers and investors to perform as an environmental leader. Extreme weather, climate action failure and human-led environmental damage were cited as the top three most likely risks for businesses over the next ten years in the World Economic Forum’s “Global Risks Report 2021.” Businesses need actionable environmental insights to address these challenges, but current methods are often cumbersome and complex – requiring intensive manual labor, climate and data science skills, and computing power.

The IBM Environmental Intelligence Suite aims to help companies streamline and automate the management of environmental risks and operationalise underlying processes, including carbon accounting and reduction, to meet environmental goals. The suite leverages existing weather data from IBM, the overall most accurate provider globally, advanced geospatial analytics already in use by companies around the world, and new innovations from IBM Research. The offering is the first to bring together AI, weather data, climate risk analytics, and carbon accounting capabilities in this way – allowing organisations to spend less resources curating this complex data, and more on analysing it for insights and taking action to improve their operations.

The IBM Environmental Intelligence Suite includes new climate risk layers that provides data and visualizations on future risks, such as the potential flood risk in Louisiana, shown here. Credit: IBM

The suite delivers environmental insights via APIs, dashboards, maps, and alerts that can help companies address both immediate operational challenges as well as longer term planning and strategies. For instance, the suite could be used to help retailers prepare for severe weather-related shipping and inventory disruptions, or factor environmental risks into future warehouse locations; energy and utility companies to determine where to trim vegetation around power lines or which of their critical assets may soon be at greater risk from wildfires due to climate change. Or the suite could be used to help supermarkets get a clearer picture of how refrigeration systems are contributing to their overall greenhouse gas emissions and prioritise locations for improvement.

“The future of business and the environment are deeply intertwined. Not only are companies coping with the effects of extreme weather disruptions on their operations, they’re also being held increasingly accountable by shareholders and regulators for how their operations impact the planet,” said Kareem Yusuf, Ph.D., general manager, IBM AI Applications. “IBM is bringing together the power of AI and hybrid cloud to provide businesses with environmental intelligence designed to help them improve environmental performance and reporting, create more efficient business operations to reduce resource consumption, and plan for resiliency in the face of climate disruptions.”

Companies around the world are already using many of the core weather and AI technologies found within IBM’s Environmental Intelligence Suite. For example, IBM environmental data and geospatial analytics are being used by Brazilian ethanol, bioelectricity, and sugar company BP Bunge Bioenergia to help it better understand its agricultural sugarcane production and improve its market intelligence estimates regarding global sugar production and by agribusiness leader Cajamar to help Spanish farmers aiming to improve yields and reduce environmental impact via its digital Plataforma Tierra tool.

For more information, visit IBM’s website for more info.

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