and to purchase 70 % renewable energy for their data centres by 2023 , on a path to 100 % ( 60 % in 2019 ). Additionally , all European Oracle Cloud regions currently runs on 100 % renewable energy , whilst Oracle has pledged to power all of its global operations , both facilities and its cloud , with 100 % renewable energy by 2025 .” Højland outlined .
Explaining how this aligns with SimCorp ’ s own sustainable targets he said : “ Our goal is to reduce CO2 emissions from internal server installations by gradually moving these to Microsoft Azure and OCI . Also , we offer clients to move SimCorp operations to cloud computing . Our goal is to move 35 % of our client business to the cloud by 2025 .”
The road to becoming a technologyenabled services provider With its extensive company-wide transformation to become a technologyenabled services company , SimCorp ’ s winning aspiration is key to becoming the leading provider of natively integrated front to back , multi-asset , investment management solutions to the world ’ s largest institutional investment management companies .
In doing so , Højland explained the company wants to “ empower our customers ’ strategies through unmatched operational efficiency and investment enablement .”
He continued : “ In practice , for all our investments and priorities we decide , we strive to keep our customers in the centre and think about which values and outcomes we can deliver to them . For us , new innovative technologies within machine learning ( ML ), blockchain , highperformance computing , and general cloud technologies are the core tools and building blocks we use to deliver brandnew solutions or enrich existing offerings . In short , we strive to stay “ on the edge ” of all these technologies with our customers in mind .”
“ We also want to take more responsibility in all the areas where we can deliver scale and differentiation to our customers , allowing them to focus on core business and financial innovation in their quest for alpha generating activities ,” Højland concluded .
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