Wednesday, November 11, 2009

Isramart : Report forecasts the size of the Global Carbon Management Software Market

Isramart news:
Companies are implementing carbon management software to calculate the amount of carbon emissions, let out through direct or indirect means. The software enables organizations in tracking and reporting carbon emissions, along with measuring the impact of carbon emissions on environment. It also provides an analysis of Green house gas inventory & carbon business processes, carbon footprint, and requirements for emissions compliance. Moreover, carbon management is becoming significant for an organization on account of increasing regulation and consumer pressure. Thus, Global carbon management is becoming a part of business process to facilitate reduction in carbon emissions through compliance with environmental regulations.

Moreover, demand for carbon management solutions is expected to increase from those companies which are targeting to achieve energy efficiency. These solutions manages internal emissions by aggregating data emission from multiple sources, such as electricity meters, water meters, transportation fuel consumption, business air travel etc. The data obtained is then used to perform calculations by application of accounting capabilities, reporting functions, and business intelligence tools of carbon management software.

The report forecasts the size of Global Carbon Management Software Market over the period 2008-2012, and segments the market into various geographic regions. Further, it discusses the key market trends, drivers and challenges of Global Carbon Management Software Market, and highlights some of the vendor initiatives in this market.