Dynatrace Teams With Lloyds Banking Group to Reduce IT Carbon Emissions
31 January 2024 - 10:00PM
Business Wire
Real-time insights support leading financial
institution to meet its sustainability goals
Dynatrace (NYSE: DT), the leader in unified observability and
security, today announced that it is working with Lloyds Banking
Group, one of the UK’s largest financial services providers, to
measure the environmental carbon impact of its IT ecosystem,
contributing to the organization’s sustainability goals.
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To help address this need, Dynatrace is using insights and
feedback from Lloyds Banking Group to further develop Dynatrace®
Carbon Impact. The app translates utilization metrics, including
CPU, memory, disk, and network I/O, into their CO2 equivalent
(CO2e). It also provides actionable guidance for how to reduce the
overall IT carbon footprint. Additionally, it details energy and
CO2e consumption per source with filters to help narrow the focus
to high-impact areas. For example, it highlights underutilized
instances in a specific data center along with top CO2e emitters
within a distinct host group. To achieve these objectives, Carbon
Impact leverages the Dynatrace® platform and its Smartscape®
topology and dependency mapping, providing precise optimization
insights and automatic application and process context to establish
the foundation for green coding initiatives.
Klaus Enzenhofer, Product Lead at Dynatrace, said: “Dynatrace
successfully rolled out the Carbon Impact app last year, and we’ve
been working with Lloyds Banking Group to develop it further to
support our customers’ hybrid and multicloud environments. This has
allowed us to accelerate and focus on our product development while
helping our customers meet their sustainability goals.”
Kevin Bird, Operational Performance and Analytics Lead at Lloyds
Banking Group, said: "Working with Dynatrace has helped us to
assess the visibility and impact of our IT carbon emissions. Our
sustainability efforts require deep granularity, and collaborating
together has allowed us to see where our efforts are most impactful
in the context of our broader IT architecture. This helps us
identify more meaningful opportunities to optimize our digital
infrastructure and will be a critical step forward as we work to
reduce our operational sector’s direct carbon emissions by at least
75%.”
To learn more about the Dynatrace Carbon Impact app, visit the
Dynatrace blog.
About Dynatrace Dynatrace (NYSE: DT) exists to make the
world’s software work perfectly. Our unified platform combines
broad and deep observability and continuous runtime application
security with Davis® hypermodal AI to provide answers and
intelligent automation from data at an enormous scale. This enables
innovators to modernize and automate cloud operations, deliver
software faster and more securely, and ensure flawless digital
experiences. That’s why the world’s largest organizations trust the
Dynatrace® platform to accelerate digital transformation.
Curious to see how you can simplify your cloud and maximize the
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Cautionary Language Concerning Forward-Looking Statements
This press release includes certain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements related to the Carbon Impact app.
These forward-looking statements include all statements that are
not historical facts and statements identified by words such as
“will,” “expects,” “anticipates,” “intends,” “plans,” “believes,”
“seeks,” “estimates,” and words of similar meaning. These
forward-looking statements reflect our current views about our
plans, intentions, expectations, strategies, and prospects, which
are based on the information currently available to us and on
assumptions we have made. Although we believe that our plans,
intentions, expectations, strategies, and prospects as reflected in
or suggested by those forward-looking statements are reasonable, we
can give no assurance that the plans, intentions, expectations, or
strategies will be attained or achieved. Actual results may differ
materially from those described in the forward-looking statements
and will be affected by a variety of risks and factors that are
beyond our control, including the risks set forth under the caption
“Risk Factors” in our Quarterly Report on Form 10-Q filed on
November 2, 2023, and our other SEC filings. We assume no
obligation to update any forward-looking statements contained in
this document as a result of new information, future events, or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240131738320/en/
Investor Contact: Noelle Faris VP, Investor Relations
Noelle.Faris@dynatrace.com Media Relations: Jerome Stewart VP,
Communications Jerome.Stewart@dynatrace.com
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