Iveda Chosen by Disaster Recovery Leader, Data Management, to Minimize Carbon Emissions with IvedaEMS
October 22 2024 - 7:30AM
Business Wire
Iveda’s Energy Management System delivers smart
solutions for tracking CO2 emissions and boosting energy
efficiency
Iveda® (NASDAQ: IVDA), the global leader in cloud-based AI
technology, today announces its partnership with Data Management––a
leader in disaster recovery services––to help minimize carbon
emissions and maximize energy savings through IvedaEMS. Iveda’s
Energy Management System (EMS) uses smart meters to track CO2
output, identify energy inefficiencies, and generate reports that
ensure compliance with ESG (Environmental, Social, and Governance)
standards.
As ESG standards become increasingly stringent, the global
energy management system market is expected to grow to $84.34
billion by 2029, highlighting a significant growth opportunity for
organizations focused on energy savings and sustainability. By
integrating IvedaEMS, Data Management will have actionable data
available in real-time, enabling the organization to optimize
energy consumption with agility while maintaining ESG
compliance.
Data Management is a leading provider of mainframe hosting and
disaster recovery services with operating facilities in Arizona and
Florida. Specializing in IT applications and systems, they offer
managed services including computer operations, systems
programming, consulting, and disaster recovery planning and
solutions.
“IvedaEMS has proven to be highly effective for major
manufacturing plants, but data management facilities represent an
ideal use case we hadn’t initially considered,” said David Ly, CEO
and Founder of Iveda. “Data Management has been a trusted partner
of ours, and their interest in ESG solutions allowed us to tailor
IvedaEMS to meet their specific needs, which simultaneously
improves our systems.”
IvedaEMS integrates easily with existing IoT devices, offering
businesses actionable insights into energy usage for the ability to
reduce emissions across their entire operations. The ability to
deploy IvedaEMS via pre-existing infrastructure––plus the
significant reductions in energy expenses achieved through improved
management and optimization––provide the potential for major cost
savings across the organization.
“Our organization has already placed its trust in the power of
IvedaAI to enhance our physical security and safety of our data
center; implementing IvedaEMS to enhance our sustainability efforts
is a natural next step,” added Mike Everette, President of Data
Management. “We’re excited to lead by example in adopting ESG
solutions and reducing our carbon emissions while continuing to
improve operational performance.”
This partnership aligns with Iveda’s broader commitment to
expanding ESG-focused solutions; the company plans to launch new
offerings in Q1 2025. For more information or inquiries about
Iveda’s energy management solutions, contact sales@iveda.com or
visit our website.
About Iveda Solutions®
Iveda (NASDAQ: IVDA) is a global provider of cloud-based AI
search and surveillance technologies that protect people, places,
and assets worldwide. Leveraging IoT platforms, smart sensors, and
AI, Iveda empowers cities and organizations to undergo digital
transformation and seamlessly transition into the fifth industrial
revolution. Headquartered in Mesa, Arizona, with a subsidiary in
Taiwan, Iveda is publicly traded under the ticker symbol
"IVDA."
About Data Management
Data Management is a leading provider of mainframe hosting and
disaster recovery services. As a trusted partner for IT application
hosting, Data Management delivers comprehensive managed services,
including computer operations, systems programming, consulting, and
disaster recovery solutions. With extensive experience in IBM
mainframe technology, the Data Management team specializes in
OS/390 and z/OS systems programming, hardware configuration,
networking, telecommunications, and continuity-of-operations
services. Based in Arizona and Florida, Data Management provides
reliable solutions that support the ever-evolving IT infrastructure
needs of businesses nationwide.
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Media Contacts Olivia Civiletto Erwin
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