Friday | 9 January, 2009
Are you ready for 'green SOA'?
The IT industry has been increasingly moving toward greener practices in order to cut costs and consumption, and adopting SOA is seen as the next step
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Otherwise known as green currency, carbon credits are about to become the CFO's hidden asset in a developing global carbon trading marketplace. Carbon credits can be defined as the currency metric for global carbon-emissions trading based upon the reduction of greenhouse emissions relative to a total annual emissions cap and market-determined monetary value through trading.
Credits then can be exchanged (for example, to finance carbon reduction/offset agreements between global trading partners), bought and/or sold on developing international markets at the prevailing market price.
Until now, the concept of carbon emissions management was limited to a paper and a pen rather than computers and networking. With the arrival of green SOA tools and concepts into the marketplace, corporations can begin to develop, implement, monitor, manage and govern everything from green business processes to green IT infrastructures.
Not only will business costs decrease, but process improvements will occur through increased compliance and improved performance. Add the green "icing on the cake" through the asset monetization of carbon emission credits and no corporation or government can hesitate to become a jolly and prosperous Green Giant.
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