Research Article

Integrating Sustainable IT Solutions for Long-Term Business Growth and Development

Authors

  • Md Munna Aziz College of Business, Westcliff University, Irvine, CA 92614, USA
  • Md Mizanur Rahaman College of Business, Westcliff University, Irvine, CA 92614, USA
  • Mohammad Muzahidur Rahman Bhuiyan College of Business, Westcliff University, Irvine, CA 92614, USA
  • Md Rashedul Islam College of Business, Westcliff University, Irvine, CA 92614, USA

Abstract

This study investigates the barriers, adoption rates, performance impacts, and cost-benefit dynamics associated with sustainable IT implementation across various industries. The analysis highlights key barriers to sustainable IT adoption, including cultural resistance, regulatory requirements, lack of expertise, and cost of implementation. Cost, identified as the most significant barrier, affects approximately 40% of organizations, emphasizing the need for affordable and scalable sustainable IT solutions. The relationship between the sustainable IT index and business performance was also examined, revealing a positive correlation and organizations with higher sustainable IT investments demonstrated greater revenue growth, supporting the economic viability of green initiatives. Further, industry-specific adoption rates of sustainable IT practices were evaluated, showing that the technology sector leads in adopting energy-efficient hardware, green data centers, and cloud computing, with adoption rates exceeding 80%. Conversely, retail exhibits comparatively lower adoption, likely due to budget constraints and differing operational priorities. Findings indicate that sustainable IT practices significantly enhance customer satisfaction and operational efficiency, though their direct impact on revenue growth is moderate. Finally, a cost-benefit analysis over a ten-year period reveals that while initial implementation costs are high, cumulative benefits from sustainable IT practices increase substantially over time, surpassing costs by year six. These findings underscore the long-term financial and operational advantages of sustainable IT investments, providing valuable insights for businesses considering such transitions.

Article information

Journal

Journal of Business and Management Studies

Volume (Issue)

5 (6)

Pages

152-159

Published

2023-12-29

How to Cite

Md Munna Aziz, Md Mizanur Rahaman, Mohammad Muzahidur Rahman Bhuiyan, & Md Rashedul Islam. (2023). Integrating Sustainable IT Solutions for Long-Term Business Growth and Development. Journal of Business and Management Studies, 5(6), 152-159. https://doi.org/10.32996/jbms.2023.5.6.12

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Keywords:

Business Growth, Development, IT Solutions, Sustainable Business