The market is projected to witness significant growth due to several factors such as the increasing demand for environmental intelligence platforms across different industries, the growing need for reliable and cost-effective environmental intelligence platforms, growing environmental concerns such as air pollution and carbon emission, environmental intelligence platform providers landscape, globalization of supply chain networks, and rising availability of cost-effective environmental intelligence platform along with technological advancements.
The environmental intelligence platform market is expected to grow at a CAGR of 12.5% during the forecast period 2021-2031.
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There is an increasing demand for environmental intelligence platforms for various end-users such as IT & telecommunications, power & energy, transportation, and others for upcoming weather conditions in real-time is one of the major factors fueling demand for environmental intelligence platforms across regions.
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It offers various features such as increased competitiveness, producing actionable insights for businesses, predictive modeling, and real-time visualizations.
Moreover, strong corporate internal policies regarding safe working conditions and environmental monitoring, along with the steady availability of financial resources, are expected to drive the deployment of an environmental intelligence platform in North America.
- BreezoMeter Ltd.
- International Business Machines Corporation
- Cerensa
- Ecochain Technologies B.V.
- DataAir Pvt. Ltd.
- Others.
Key providers of environmental intelligence platforms focus on providing products that help expand process capabilities & outcomes and optimize present and future technologies in the overall commercial sector.
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For instance, in October 2021, IBM launched a new Environmental Intelligence Suite, which is a set of AI-based software tools that will help organizations prepare for and respond to weather and climate risks. The Environmental Intelligence Suite enables organizations to automatically streamline and manage environmental risks.
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