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Company Insights
J C Bamford Excavators Ltd. - Digital Transformation Strategies
JCB Digital Transformation Strategies Overview JC Bamford Excavators (JCB) has been focusing on forging technology partnerships and integrating digital technologies into its products to efficient operations and enhance customer experience. The annual ICT spending of JCB was estimated at $132.7 million in 2023. A major share of this spending is earmarked for acquiring ICT services, software, and hardware from vendors. JCB is a manufacturer and distributor of construction equipment. The company offers services such as sure price, service agreement, repair,...
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Company Insights
The Emirates Group - Digital Transformation Strategies
Emirates Digital Transformation Strategies Overview Emirates is leveraging several emerging technologies as a part of its digital transformation strategies. The annual ICT spending of Emirates was estimated at $819 million in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. The Emirates Group (Emirates Group) provides domestic, regional, and international air transportation services. The company’s other operations include wholesale and retail of consumer goods, food and beverage sales, and hotel...
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Company Insights
Petroliam Nasional Berhad - Digital Transformation Strategies
Petronas - Digital Transformation Strategies Overview Petroliam Nasional Berhad (Petronas) is leveraging AI and big data technologies as a part of its digital transformation strategies. The annual ICT spending of Petronas was estimated at $489 million in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Petronas is an integrated energy company engaged in exploring, developing, and producing crude oil and natural gas. The company’s business segments include upstream, downstream,...
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Company Insights
The Bank of New York Mellon Corporation - Digital Transformation Strategies
BNY Mellon Digital Transformation Strategies Overview Bank of New York Mellon Corp (BNY Mellon) is leveraging AI and big data technologies as a part of its digital transformation strategies. The annual ICT spending of BNY Mellon was estimated at $1.5 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and network and communications from vendors. BNY Mellon is a provider of investment solutions. Its portfolio of offerings consists of investment services, assets servicing,...
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Company Insights
Under Armour, Inc. - Digital Transformation Strategies
Under Armour Digital Transformation Strategies Overview Under Armour, Inc. (Under Armour) is leveraging several emerging technologies, including AI, cloud, augmented reality, 3D printing, and metaverse among others to improve business operations, enhance customer service and develop better products. The annual ICT spending of Under Armour was estimated at $70.1 million for 2023. A major share of this spending is earmarked for acquiring software, ICT services and network and communications from vendors. Under Armour develops, markets, and distributes branded performance footwear,...
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Company Insights
Alphabet Inc - Digital Transformation Strategies
Alphabet Digital Transformation Strategies Overview Alphabet is tapping into the power of key disruptive technologies to expand its enterprise services, achieve operational efficiencies, and mitigate security risks. AI, big data, cloud, cybersecurity, and e-commerce are among the key technologies under focus for the company. The annual ICT spending of Alphabet was estimated at $20.0 billion for 2023. A major share of this spending was earmarked for acquiring software, ICT services, and network and communications from vendors. Alphabet is a collection...
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Track & Monitor
Global Artificial Intelligence (AI) Trends in Pharmaceutical Manufacturing
Ai In Pharmaceutical Manufacturing Market Report Overview In GlobalData’s survey “Digital Transformation and Emerging Technology in the Healthcare Industry – 2023,” AI, followed by big data, was viewed as the most disruptive technology over the next two years. Incorporation of AI technologies in drug manufacturing can improve process controls, recognize early warning signals, and thus optimize production. Furthermore, AI can improve site planning, streamline production, and alleviate staff shortages. Key opinion leaders (KOLs) anticipate that their companies will soon use...
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Analyst Opinions
Tech, Genes, and Beyond - Startup Transforming Biotech
Biotech Startups Overview Biotech breakthroughs drive cost savings, provide competitive advantages, and showcase efficiency across industries through streamlined manufacturing, custom product development, and resilient supply chains. Biotech advancements are also reshaping the fields of medicine, agriculture, and industry. The following are some of the key highlights of the biotech startups trend analysis: Startups are leading the way for biotechnology advancements. Healthcare demands, government support, and technological breakthroughs are driving the market. AI integration is driving progress in DNA sequencing, drug...
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Sector Analysis
Utilities Sector Enterprise ICT Market Analysis and Future Outlook by Segments (Hardware, Software and IT Services)
Utilities Sector Enterprise ICT Market Overview The utilities sector enterprise ICT market size was pegged at $118.3 billion in 2022 and is expected to grow at a CAGR of over 10% during 2022-2027 to $196.6 billion in 2027. With rising competition in the utilities market, companies are expected to increase their ICT spend as digital technologies enable them to remain competitive and relevant in the market by allowing them to develop products as per consumer needs, lower operational costs, and...
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Thematic Analysis
Tech, Media and Telecom (TMT) Predictions in 2024 - Thematic Intelligence
What makes our unique thematic framework necessary for your business? Viewing the world’s data by themes makes it simpler to make crucial choices and predictions. GlobalData’s Tech, Media, and Telecom (TMT) Predictions in 2024, report offers the following in-depth trends and insights: Analysis of the 40 most important themes impacting the TMT sector, classified into three groups: technology, macroeconomic, and ESG. These include AI, Cybersecurity, China, Batteries, and Inflation. Quantitative and qualitative predictions for each theme in 2024, including market...
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