27

Million Monthly Cloud TV Users

The number of users Kaltura serves

100

Million Dollars

in annual recurring revenues

View Our Analysis

The Path to Drawdown: Telepresence

From multipurpose-room systems, immersive telepresence, desktop systems, videophones, and cloud-based software systems, telepresence comes in many forms. But what they all have in common is that they can replace flying for business meetings and reduce overall air and land transportation.

Air travel is estimated to account for about 2.5% of global CO2 emissions. That’s more than 700 million tons of CO2 annually. A big chunk of this is from business air travel.

By integrating telepresence systems, companies, schools, hospitals and museums can offer their services and facilitate communication without being in the same place. This way they can avoid emissions from commutes and business travel by air. Not only that, telepresence can help cut costs and ease employee schedules by avoiding travel, enhance meeting productivity and faster decision-making, and increase interpersonal connection across geographies.

The global market for telepresence solutions is on the rapid rise, from US$2.2 billion in 2010 to US$3.3 billion in 2014. The novel coronavirus pandemic has further accelerated this adoption.

Project Drawdown estimates that, if telepresence is adopted widely enough to replace 16-30% of global air business travel by 2050, it can help avoid between 1 - 3.8 gigatons of CO2 equivalent emissions. This would mean that between 486 - 676 million business-related trips will be replaced, US$1.2-4.4 trillion worth of business travel savings, and between 107 - 143 million fewer unproductive travel hours.

What We Want to See Improve

Disclose Energy Use

As a company that offers tech and digital products, it's important that Kaltura disclose how much energy their data centers use. As of now, they make no such information available. They report (p. 4) that during 2020, to meet increased customer demand, they moved away from their own data centers to public cloud infrastructure. We would like to know how much electricity is being used - and the source of that electricity - at their own data centers and from their use of public cloud. infrastructure. 

Become Carbon Neutral, and then Zero-Emissions

Web hosting is energy intensive. Kaltura can become a green company by purchasing renewable energy and implementing energy efficiency measures. 

Related Telepresence Stocks in the Climate Index

View All Climate Index Stocks →

Allocated Company Description

4.94%

Zoom (ZM)

Zoom offers a unified digital communications platform, integrating video, phone, chat and content sharing - replacing carbon-intensive business travel

3.49%

Docusign (DOCU)

DocuSign offers products that let organizations electronically manage contracts, replacing carbon-intensive business travel

0.07%

AudioCodes Ltd. (AUDC)

AudioCodes offers VoIP network routing, media servers, and value-added applications for businesses. Telepresence cuts emissions from business air travel

0.07%

Kaltura, Inc. (KLTR)

Kaltura offers video products that are heavily used in distance learning for virtual classrooms.

0.02%

ClearOne, Inc. (CLRO)

ClearOne offers conferencing, collaboration and streaming solutions for businesses. Telepresence can help reduce emissions from business air travel

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