Latin America. According to estimates by the World Economic Forum, by 2040, digital data storage could represent 14% of global emissions, but currently digital solutions have the potential to reduce these emissions by 20%, and additionally, it is shown that organizations that have implemented environmental initiatives have experienced an annual growth close to 15%, saving approximately US$ 3.7 billion worldwide.
It is for this reason that Olivia Global, a strategy and business transformation consultancy, has launched its innovative strategy, Twin Transition, which aims to merge digital transformation and sustainability in various sectors, which is estimated to generate up to 380 million jobs globally by 2030.
According to a report published by the same body, in November 2022, digitization and the adoption of digital infrastructure are crucial for the future preparation of companies. Companies that implement this dual transition are more likely to perform better in the future.
It is, then, two transitions that come together in a kind of symbiosis: the ecological and digital transitions that, being at the same time strategic challenges for organizations, relate and combine to produce positive impacts and increase the competitiveness of businesses. It is a transformation that endows companies with great benefits and value.
The twin transformation (TT) has enormous potential to improve processes in different fields, such as urban construction, agriculture and industry. In construction, you can collect and analyze information to optimize energy use and detect climate changes. In agriculture, you can anticipate crop needs and control pests with drones. In the manufacturing industry, you can improve the production chain and prevent errors with the help of probability measurement and machine vision.
For example, in the energy sector, this may involve integrating renewables, optimising demand-side management and improving energy efficiency. In agriculture, it can enable more efficient management of water resources and the use of more sustainable farming techniques. In mobility, the promotion of public transport and the creation of more efficient and less polluting transport systems.
In this way, the consultant Olivia, opens this new consultancy, with which it seeks to introduce in a symbiotic way the optimization of resources, in an agenda that allows the opening of new markets, the increase of profits and the well-being of a circular and socially just society.
