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Microsoft Corp (NASDAQ: MSFT), Accenture PLC (NYSE: ACN), and Goldman Sachs Group Inc (NYSE: GS) have collaborated with nonprofit firms like the Linux Foundation and climate groups for lower emission data center software, Bloomberg reports. The Green Software Foundation, founded by Microsoft-owned GitHub and software consultancy ThoughtWorks, plans to build tools and standards for measuring the climate impact of software and train software engineers to build energy-efficient programs. Data centers now account for 1% of global electricity demand, estimated to rise to 3% - 8% in the next ten yea...
ThoughtWorks receives $720 mn in investment at enterprise value of $4.6 bn January 15, 2021 Proceeds to be used to buy back equity shares from existing investors ThoughtWorks, a global software consultancy, has announced that GIC, Siemens AG, Fidelity Management and Research LLC, and Mubadala Investment Company have invested $720 million in the company. Founded over 25 years ago, ThoughtWorks has grown from a small team in Chicago to a leading global software consultancy of more than 7,000 plus ThoughtWorkers. Its roots are in digital transformation and agile software development; the company...