With the urgency of climate change escalating, the development and deployment of sustainable technologies are becoming increasingly critical. According to Gartner, sustainable technology is listed among the top strategic trends for 2024, presenting an opportunity to contribute significantly to environmental conservation with an estimated economic impact valued at US$12 trillion [1].  

A comprehensive report by McKinsey highlights the transformative role of generative AI across various industries, projecting that generative AI could yield economic benefits ranging between $2.6 trillion and $4.4 trillion annually [2]. This positions generative AI as a pivotal force in the sustainable technology sector. 

Hyperautomation, which integrates technologies such as robotic process automation (RPA), artificial intelligence (AI), and generative AI, exemplifies an advanced approach to streamlining and scaling automated processes. Experts predict that by 2024, organizations could reduce operational costs by up to 30% by leveraging hyperautomation in conjunction with restructured operational processes. 

Addressing climate change effectively necessitates the adoption of automation technologies in critical sectors such as waste management, electric vehicle (EV) production, sustainable housing, and green construction. These areas stand to benefit immensely from automation, enhancing efficiency and reducing environmental impact. 

Moreover, Gartner forecasts that by the end of 2025, more than half of the global population will be engaged with at least one Internet of Behaviors (IoB) program, whether through private, commercial, or governmental initiatives. This extensive adoption is expected to further support sustainable practices and contribute to reducing carbon footprints. 

The imperative for sustainable technology is clear, and the integration of innovative technologies such as generative AI and hyperautomation is essential for driving forward a sustainable future. These technologies not only promise substantial economic returns but also hold the potential to make a significant positive environmental impact. 

As we continue to navigate the challenges posed by climate change, it is crucial for industries to adopt and innovate with technologies like generative AI and hyperautomation. We invite our readers to share their insights or experiences regarding the implementation of these technologies within their own sectors.  

Join the conversation below or contact us to discover more about how our innovative services in Generative AI and Quality Engineering can transform your business. Our tailor-made solutions are designed to help you lead the industry with sustainable technology. Contact us to explore how we can drive change together. Let’s lead the future together.  

Sources: 
[1] Gartner: Gartner Identifies the Top 10 Strategic Technology Trends for 2024  

[2] McKinsey: Economic potential of generative AI | McKinsey