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Indian SMBs strive to cut energy costs

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CIOL Bureau
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BANGALORE: Energy costs was one of the biggest cost increases for Indian SMBs over the past two years according to the results of an IBM global survey.

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As energy costs increased, 64 percent of Indian SMBs, compared to 58 percent globally, expressed concern over the environment and 64 percent had put environmental policies in place. The survey, which had interviewed 1,373 businesses with between 50 and 500 employees in eight countries, indicated that most businesses surveyed had expressed concern for the environment and were taking steps to reduce energy costs.

In India, 54 percent of the Indian respondents indicated that they would make energy-reducing decisions based on those environmental concerns, but only 32 percent had made or were planning to make changes to help reduce their energy costs compared to 47 percent globally.

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However, small businesses in India had begun to make some changes, such as turning off non-essential equipment after hours and using more energy efficient lighting.

Another area, ranked high amongst SMBs in India, is IT. The survey found that IT had become a priority for SMBs looking to curb energy costs. In India, 53 percent of SMBs interviewed had been taking active steps toward reducing the energy consumption of their IT. A recent research from IDC had estimated that for every dollar spent on IT, 50 cents is spent on related energy costs.