Banyan Software, a prominent acquirer of enterprise software businesses, has announced the establishment of the Banyan Software Foundation. The Foundation aims to support organizations utilizing technology to foster a more sustainable and equitable world. With a $100 million stock commitment over four years, the Foundation will become one of Banyan s largest shareholders, with its influence growing alongside the company s success. The Foundation s first two grant recipients, TransitionZero and Merit America, address pressing global challenges. TransitionZero, based in the UK, develops open-source data and software products for energy systems modeling, aiding low-income countries in their energy transition efforts. Merit America, a US-based nonprofit, offers online coursework and personalized coaching to rapidly re-skill low-wage workers for family-sustaining careers. The grant from the Banyan Software Foundation will support TransitionZero s Solar Asset Mapper project, a crucial tool for grid operators and analysts to manage the increasing prevalence of solar energy in the global energy landscape. This initiative will empower countries to pursue sustainable energy solutions independently. In addition to the Foundation, Banyan Software has introduced several internal purpose-driven initiatives, including dedicated funds for employee learning and skills advancement, an Employee Relief Fund for those experiencing extreme hardship, and a volunteer time off program. Banyan Software, founded in 2016, follows a buy-and-hold-for-life strategy and is committed to making a lasting, positive impact on the world. The company has offices across the US, Canada, the UK, EU, and APAC, and is one of North America s fastest-growing private businesses. For more information on Banyan s impact initiatives, visit banyansoftware.com/impact.
Source: lelezard.comPublished on 2024-09-24
Related news
- Why CircleUp Thinks Machine Learning Could Be the Hottest Item in Consumer Goods
- Why CircleUp Thinks Machine Learning May Be the Hottest Item in Consumer Goods
- ClassLink Receives 2022 SIIA CODiE Award for Best Administrative Solution
- Africa Data Center Market Landscape 2023 - 2028 : Public - Private Partnerships In Digital Infrastructure Leading To Increased Demand
- Why CircleUp Thinks Machine Learning May Be the Hottest Item in Consumer Goods
- California Bill Looks to Better Coordinate Bay Area Transit
- Hiscox Utilizes RMS Location Technology to Deliver Large - Scale , High - Speed Point of Quote Pricing for Coverholders
- Shared Goals : New Framework Aims to Improve Security for All
- TetherView Launches Digital Bunker™ , a Comprehensive One - Way - In and One - Way - Out Private Cloud for Enterprise Customers
- Linux Foundation Training & Certification & Cloud Native Computing Foundation Partner with CoRise to Prepare 50 , 000 Professionals for the Certified Kubernetes Administrator Exam
- UBIX and ORS GROUP announce partnership to democratize advanced analytics and AI for small and midmarket organizations
- China embarks on big data journey to the west -- Beijing Review
- VIETNAM BUSINESS NEWS AUGUST 15
- GitHub Opens Security Database to Community Contributions
- SAP Introduces SAP® Datasphere to Simplify Customer Data Landscape - Partners with Collibra , Confluent , Databricks and DataRobot