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Company Insights
NewMetcash – Digital Transformation Strategies
Metcash Digital Transformation Strategies Overview Metcash has been focusing on using artificial intelligence, cloud-based mobile applications, and fintech to digitally transform its operations. The annual ICT spending of Metcash was estimated at $464.3 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Metcash is a wholesale distribution and marketing company that services a wide network of bannered independent retailers and wholesale customers in Australia and New Zealand. It provides...
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Sector Analysis
United States (US) Enterprise ICT Market Analysis and Future Outlook by Segments (Hardware, Software and IT Services)
US Enterprise ICT Market Overview The US enterprise ICT market size was pegged at $1,230.3 billion in 2022 and is expected to grow at a CAGR of more than 8% during 2022-2027 to $1,838.3 billion in 2027. The growth of ICT services in the US is being driven by the increasing digitization of the economy, the rise of emerging technologies, the growing importance of data, and the need for flexibility and agility. ICT services are creating jobs, boosting productivity, and...
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Company Insights
NewHartford Financial Services Group Inc. – Digital Transformation Strategies
Hartford Health Digital Transformation Strategies Overview Hartford is tapping the power of big data analytics to analyze data and generate insights, improve member engagement, and detect fraudulent claims. AI, big data, cloud, cybersecurity, and IoT are among the key technologies under focus for the company. The annual ICT spending of Hartford was estimated at $549 million in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. The Hartford Financial Services...
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Company Insights
NewUnilever – Digital Transformation Strategies
Unilever Digital Transformation Strategies Report Overview Unilever has been focusing on using artificial intelligence, cloud-based mobile applications, big data, and blockchain to digitally transform its operations. The annual ICT spending of Unilever was estimated at $990.3 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Unilever is a manufacturer and supplier of fast-moving consumer goods. The company's product portfolio comprises food, beauty, personal care, beverages, home care, vitamins, minerals,...
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Company Insights
NewManulife Financial Corp. (Manulife) – Digital Transformation Strategies
Manulife Digital Transformation Strategies Overview Manulife Financial Corp. (Manulife) has been focusing on using AI, cloud, healthtech, e-commerce, big data, data center, healthtech, future of work, mobile, and insurtech to digitally transform its operations. The annual ICT spending of Manulife was estimated at $535.1 million for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Manulife Financial Corporation (Manulife) offers insurance products and financial services. It operates under the Manulife...
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Company Insights
NewAvis Budget Group (Avis) – Digital Transformation Strategies
Avis Digital Transformation Strategies Overview Avis Budget Group (Avis) has been focusing on using AI and machine learning, big data, cloud, connected car technology, Internet of Things (IoT), electric vehicles, autonomous vehicles, the future of work, and e-commerce to digitally transform its operations. The annual ICT spending of Avis was estimated at $450.2 million for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Avis offers car sharing as well...
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Company Insights
NewMarriott International – Digital Transformation Strategies
Marriott Digital Transformation Strategies Overview Marriott is leveraging several emerging technologies, including augmented reality, AI, Internet of Things (IoT), cloud, big data, and robotics technologies among others to digitally transform its operations. The annual ICT spending of Marriott was estimated at $1.5 billion for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Marriott International Inc (Marriott) is a global licensor, franchisor, and operator of hotels, timeshare, residential, and other...
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Company Insights
NewMedtronic Plc – Digital Transformation Strategies
Medtronic Digital Transformation Strategies Overview Medtronic has been focusing on using artificial intelligence, cloud-based mobile applications, big data, and augmented reality to digitally transform its operations. The annual ICT spending of Medtronic was estimated at $258.3 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Medtronic Plc (Medtronic), is a medical technology, solutions, and services company that designs, develops, manufactures, and markets a wide range of medical devices and...
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Company Insights
NewPing An Insurance (Group) Company of China – Digital Transformation Strategies
Ping An Digital Transformation Strategies Overview The annual ICT spending of Ping An was estimated at $2.8 billion in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. The following are some of the key highlights of the Ping An Insurance enterprise tech ecosystem: Ping An is tapping into the power of artificial intelligence (AI) to improve its business efficiency. AI, big data, cloud, and blockchain are among the key...
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Company Insights
NewLiberty Mutual Holdings Company – Digital Transformation Strategies
Liberty Mutual Holdings Company Digital Transformation Strategies Overview Liberty Mutual is utilizing AI and machine learning to improve its underwriting processes. AI, big data, cloud, blockchain, and IoT are among the key technologies under focus for the company. The annual ICT spending of Liberty Mutual was estimated at $1.1 billion in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Liberty Mutual Holding Company (Liberty Mutual) is a property and...