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Company Insights
Lockheed Martin Corp – Digital Transformation Strategies
Lockheed Martin Digital Transformation Strategies Report Overview Lockheed Martin Corp (Lockheed Martin) is tapping into key disruptive technologies including AI, big data, 3D printing, counter-drone technologies, alternative propulsion, blockchain, cloud, and cybersecurity, among others to enhance its business operations and product offerings. The annual ICT spending of Lockheed Martin is estimated at $5.3 billion for 2022. A major share of this spending is earmarked for acquiring software, hardware and network & communications from vendors. Lockheed Martin is a US-based aerospace...
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Company Insights
Verizon Communications Inc – Digital Transformation Strategies
Verizon has been focusing on AI-based approach as a part of its digital transformation strategies. The annual ICT spending of Verizon was estimated at $8.8 billion in 2022. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Verizon Communications Inc (Verizon) provides communications, information, and entertainment products and services. The company offers voice, data, and video services and solutions through its wireless and wireline networks, it provides value-added services such as broadband...
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Company Insights
Verizon – Enterprise Tech Ecosystem Series
Verizon is strongly focusing on enhancing its content delivery platform, for which the company has launched its mobile first strategy. Under the strategy, Verizon is promoting its brand Oath (now Verizon Media). Verizon has signed strategic partnerships with many technology companies over the years, including Facebook, Google, IBM, Microsoft, Amazon, and Qualcomm, for gaining access to advanced technologies. Verizon has established several employee groups inside the organization that works to develop disruptive technologies to offer better products and services. The...
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Thematic Analysis
Blockchain in Aerospace and Defense – Thematic Research
Blockchain and its associated technologies, burst into the public consciousness in 2015 after a relatively slow build-up spanning several years. In the years following, companies from countless industries have started to explore how the technology can be used to their advantage. However, blockchain is highly complex and not all companies and industries will find the technology easy to implement for their intended purpose or even possible to implement at all. The aerospace and defense industry is one of the key...
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Analyst Opinions
Decoding the Blockchain Ecosystem for Telecoms: Value Chain, Players, and Telco Opportunities
Blockchain enables transactions to be executed in a distributed, inalterable and secure mode, with cost and time efficiencies. Although still emerging, blockchain is being driven by increasing demand for digital security along with government investments and the promise of reducing transactions time and costs. Telcos are joining the development of blockchain use cases to drive new revenue streams, efficiency, and security. ”Decoding the Blockchain Ecosystem for Telecoms: Value Chain, Players and Telco Opportunities”, a Global Outlook Report by GlobalData, lays...