Intuit is a software company that provides business and financial management solutions for a range of customers from small businesses to accounting professionals; the company’s popular products include QuickBooks, TurboTax, and Mint. Intuit is working to minimize the lifecycle impacts of its products. For example, by establishing an e-file and e-save option on many of its software products, the company enables its customers to save approximately one billion sheets of paper per year. Intuit also offers products enabling companies and individuals the ability to track and reduce their carbon footprint.
For example, Intuit’s Energy Scorecard can take utilities expense data from QuickBooks to help customers understand their energy consumption and identify reduction opportunities. The company’s data centers maintain most of its networks and databases required to operate and deliver Intuit’s online products and services. As demand for the company’s electronic offerings increase, Intuit’s data center use will also increase as will the need for additional energy management initiatives.
Areas for improvement include implementing data center upgrades beyond mainstream investments and focusing research and development efforts on products that provide inherent environmental benefits.
Industry: Information Technology
Country: United States
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 10/5/15 and may not reflect current opinions or subsequent events.