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Company Insights
NewNIKE – Digital Transformation Strategies
NIKE Digital Transformation Strategies Overview NIKE has been focusing on using AI, blockchain, NFTs, robotics, metaverse, cryptocurrencies, e-commerce, gaming, and virtual reality to digitally transform its operations. The annual ICT spending of NIKE was estimated at $1.3 billion for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and ICT services from vendors. NIKE designs, develops, markets, and sells athletic footwear, equipment, apparel, accessories, and services. The company sells its products to retail accounts...
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Company Insights
NewAir France – Digital Transformation Strategies
Air France-KLM Digital Transformation Strategies Overview Air France has been focusing on using artificial intelligence, the Internet of Things (IoT), cloud-based mobile applications, big data, and drones to digitally transform its operations. The annual ICT spending of Air France was estimated at $911.8 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Air France-KLM is an international airline group specializing in air passenger transport, cargo transport, and aircraft maintenance....
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Company Insights
NewXCMG – Digital Transformation Strategies
XCMG Digital Transformation Strategies Overview XCMG has been focusing on using the Internet of Things, autonomous vehicles, blockchain, robotics, and augmented reality to digitally transform its operations. The annual ICT spending of XCMG was estimated at $493.6 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. XCMG Construction Machinery Co Ltd (XCMG) is a manufacturer and distributor of construction equipment. The company's portfolio includes surface excavation bogie, bridge construction...
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Company Insights
NewFIS – Competitor Profile
Fidelity National Information Services (FIS) is one of the leading payment and transactional service providers globally, offering end-to-end solutions that cover the entire payment value chain. It offers omni-channel solutions for merchants, banks, acquirers, payment services providers, businesses, and governments. It has made several acquisitions of complementary businesses, which has helped the company stay competitive in the market. In October 2014, FIS acquired Clear2Pay, a provider of banking and payments technology solutions, enabling FIS to expand its portfolio with new...
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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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Company Insights
NewMorgan Stanley – Digital Transformation Strategies
Morgan Stanley Digital Transformation Strategies Overview Morgan Stanley is utilizing AI and machine learning to improve its wealth and asset management operations and other operational processes. AI, big data, cloud, and blockchain are among the key technologies under focus for the company. The annual ICT spending of Morgan Stanley was estimated at $4.6 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and network and communications from vendors. Morgan Stanley is utilizing AI...
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Company Insights
NewElevance Health – Digital Transformation Strategies
Elevance Health Digital Transformation Strategies Overview Elevance Health 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, and automation are among the key technologies under focus for the company. The annual ICT spending of Elevance Health was estimated at $3.8 billion in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Elevance Health Inc...
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Company Insights
NewDeere & Company – Digital Transformation Strategies
Deere & Company Digital Transformation Strategies Report Overview Deere & Company (John Deere) has been focusing on using artificial intelligence, the Internet of Things (IoT), cloud-based mobile applications, big data, and drones to digitally transform its operations. The annual ICT spending of John Deere was estimated at $3.6 billion for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. John Deere is a provider of advanced products and services. It manufactures...
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Company Insights
NewSwish – Competitor Profile
Swish is a Swedish mobile payment solution launched in 2012. It is one of the leading P2P payment solutions in Europe, with 8.4 million users. Initially launched as a P2P payment service, it was extended to allow merchants to accept payments for online and offline purchases. The solution enables users to make real-time P2P transfers from their smartphone using the recipient’s phone number or QR code. To transfer funds, both sender and recipient need to have a bank account with...