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Company Insights
Volvo Car Group – Digital Transformation Strategies
Volvo Car Digital Transformation Strategies Report Overview Volvo Car uses emerging technologies as a part of its digital transformation strategies. The annual ICT spending of Volvo Car was estimated at $667 million in 2022. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Volvo Car is a subsidiary of Zhejiang Geely Holding Group is a car manufacturing company. It manufactures a wide range of cars including SUVs, wagons and sedans. Volvo Car...
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Analyst Opinions
Consumer 2.0 – Advances in Psychology and Technology is Shaping the Future Of CPG (Consumer Packaged Goods)
The modern consumer has upended the consumer-packed goods (CPG) sector by connecting the edges of the world with the internet. The emergence and convergence of new-age technologies are changing the face of the sector not just in commercial areas like marketing and sales but also in the supply chain and operations. Brand power is just not enough for CPG companies in the wake of business models shifting from products to people and the fact that the modern consumer is an...
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Analyst Opinions
ForeSights: Voice-Activated Shopping – Shopping that utilizes voice-recognition technology
Voice-activated shopping uses voice queries to shop for products or services on a freestanding device like a smart speaker, digital voice assistant, or smartphone. Voice-activated shopping takes internet shopping to a higher level by using voice-recognition software embedded in devices like smart speakers, digital voice assistants, or smartphones to shop for products. These devices use the consumer's voice to execute a search for a product or service with no physical interaction with a keyboard, mouse, or screen needed.