The World Economic Forum’s annual meeting this year convened under the theme, Stakeholders for a Cohesive and Sustainable World.
Held in Davos, Switzerland, the invitation-only conference
featured big names including President Trump, Greta Thunberg, Marc Benioff, and
around 3,000 business and political leaders according to reports.
“Technological progress over the last half century has been
staggering,” said the World Economic Forum in a written statement.
“And as we mark the 50th anniversary of the Annual Meeting
in Davos, we’re entering a new era of innovation.
“Disruptive technologies like blockchain, autonomous
vehicles and gene editing, which have been on the cusp for several years, are
about to impact our lives, for real.”
With that being said,
Data Economy has made a list of key announcements regarding the tech
New Swiss data centre
At the World Economic Forum’s annual meeting, an alliance of
academia and industry representatives announced the Swiss data centre
efficiency label with the initial goal to decarbonize data centres in
Switzerland and significantly reduce their overall energy consumption.
Initiated by industry association digitalswitzerland and
Hewlett Packard Enterprise (HPE), the alliance has founded the Swiss Datacentre
Efficiency Association (SDEA) which will own the assessment and award process
for the label.
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Founding members of SDEA include: École Polytechnique
Fédérale de Lausanne (EPFL), Green IT Switzerland, HPE, the Lucerne University
of Applied Sciences and Arts (HSLU), the Swiss Data Centre Association
(Vigiswiss), and the Swiss Telecommunications Association (ASUT). The
initiative is supported by the Swiss Federal Office of Energy through the program
“Today’s methodologies are looking at isolated aspects of
data centre efficiency and sustainability, none of which capture the overall
energy and carbon footprint,” said Christopher Wellise, Chief Sustainability
“The Swiss data centre efficiency label on the other hand
takes a holistic approach by considering all sources of energy consumption and
energy supply, as well as the reuse of energy consumed.
“Hence it provides the missing links to enable data centre
operators, industry associations and governments to measure and control the
real climate impact of digital infrastructures.”
IBM and Will.i.am
IBM (NYSE: IBM) announced a collaboration with I.AM+, an AI start up founded by global music artist and entrepreneur, Will.i.am, to accelerate the use of AI with Red Hat OpenShift on IBM public cloud.
I.AM+’s Omega AI platform provides businesses across industries
with tools to develop human-like conversational experiences. As part of this
global collaboration I.AM+ will deploy Omega using kubernetes platform Red Hat
“Delivering AI solutions to industries like retail and
entertainment, where personal data is everywhere, it was a top priority to find
a cloud provider with deep roots in security, trust and transparency; we got
that with IBM public cloud,” said Will.i.am, founder of I.AM+.
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“Combined with Red Hat OpenShift, we have the right
partners to help us scale the use of AI in a responsible and transparent
HCL Technologies announced that its President and CEO, C.
Vijayakumar, has been named Chairman of the IT industry Governors community of
the World Economic Forum. The announcement was made at the Forum’s Annual
Meeting in Davos, Switzerland.
Under Vijayakumar’s stewardship, the community will
prioritise dialogue and action around the most pressing issues impacting the industry’s
future progress like talent re-skilling, data governance, security and privacy,
responsible proliferation of Artificial Intelligence, amongst others.
“We’re very pleased to have Vijayakumar chairing our efforts
this year in the IT Governors, which will focus on responsible technology
leadership. We are looking forward to next steps and tackling urgent challenges
together,” said Eric White, Head of the IT Industry at the World Economic
H.R.H. The Prince of Wales launched his Sustainable Markets initiative
in Davos. He told the World Economic Forum on Wednesday afternoon that the one
critical lesson we have to learn from the climate crisis “is that nature
is not a separate asset class”.
The prince called for the creation of a new economic planet or the planet will burn. He outlined an initiative to encourage “rapid” decarbonisation and a shift towards sustainable markets.
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