IBM acquires emissions data company Envizi

Tech major IBM has acquired Envizi, a leading data and analytics software provider for environmental performance management, for an undisclosed sum.

Envizi's software automates the collection and consolidation of more than 500 data types and supports major sustainability reporting frameworks.

By using Envizi with IBM's broader AI-powered software, companies will be able to automate the feedback generated between their corporate environmental initiatives and the operational endpoints being used in daily business operations. 

Envizi's software provides companies with a single source of truth for analyzing and understanding emissions data across the full landscape of their business operations and dramatically accelerates IBM's growing arsenal of AI technologies for helping businesses create more sustainable operations and supply chains, explained Kareem Yusuf, General Manager, IBM AI Applications.