IT for Circularity: Market Requirements and Technology Solutions
Description
This IDC Perspective examines emerging technology solutions that support companies' circular economy initiatives. As market, regulatory, and other stakeholder pressures for circularity increase, it is essential for companies worldwide to gain an understanding of technology enablers that advance circularity and sustainability goals as well as provide business value. This report provides an overview of such solutions, including examples of tech vendor offerings."Circularity is no longer optional — it's the key to increasing resilience, accelerating innovation, and future-proofing your business in a world of rising risks and regulatory demands," said Katharina Grimme, EMEA Sustainability lead, IDC.
Table of Contents
16 Pages
Executive Snapshot
Situation Overview
The Concept of Circularity and the Circular Economy
The Business Need for Circularity
Resource and Supply Chain Risk
Tightening Sustainability and Circularity Regulations and Disclosure Requirements
Stakeholder Expectations for Credible, Auditable Sustainability Performance
Cost and Efficiency Pressures
Environmental and Social Impact
The Variable State of Circularity Among Businesses Worldwide
Business Value Benefits Expected from Circularity
Key Inhibitors to Circularity
Technologies Deployed for Circularity
ESG Data and Sustainability Data Platforms
Traceability and Digital Product Passports
Supplier and Secondary-Material Networks
IoT/IIoT Devices, Networks, and Connectivity
Digital Twins and Simulation
AI/ML and Agentic AI for Circular Decisions
Asset Life-Cycle and Maintenance Platforms (Life Extension)
Reverse Logistics and Service-Parts Orchestration
Automation of Measurement, Assurance, and Compliance
The Stages of Circularity and Vendor Offerings
Design and Source
Make
Use and Operate
Take-Back and Recover
Life-Cycle Enablers
Advice for the Technology Buyer
IDC's Point of View
Learn More
Related Research
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