Unleash the Potential of AI in Circular Economy: Businesses Potentials

From CSR to ESG, most businesses today have good intentions to stand up to their environmental and social responsibilities. Nevertheless, in order for them to reduce its environmental impact, they need to first estimate the effect of their activities in quantitative means. Producing such estimates could be challenging, especially for large businesses involved in multiple chains of production and distribution. This can be resolved by the use of IOT ( Internet of Things) and smart sensors. IOT allows automation of accurate and reliable data collection, which could then be fed into data analytic algorithms that outputs analysis of the different sources externalities or pollutions. Businesses could gain insights from these analysis and take actions.