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Company Insights
NewBarclays Plc – Digital Transformation Strategies
Barclays Digital Transformation Strategies Overview Barclays has been investing in emerging technologies over the years to improve efficiencies, product offerings, and streamline operations. AI, big data, cloud, and blockchain are among the key technologies under focus for the company. The annual ICT spending of Barclays was estimated at $1.1 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and network and communications from vendors. Barclays Plc (Barclays) is a global financial services provider...
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Sector Analysis
Lloyds Banking Group – Enterprise Tech Ecosystem Series
Lloyds has been focusing on disruptive technologies as a part of its digital transformation strategies. The annual ICT spending of Lloyds was estimated at $2.5 billion in 2022. A major share of this spending is earmarked for acquiring software, hardware, and consulting from vendors. Lloyds Banking Group is a financial services group offering a wide range of financial services, its product portfolio comprises current and savings accounts, credit and debit cards, short- and long-term loans, unsecured loans, mortgages, protection and...