Allianz – Enterprise Tech Ecosystem Series
Allianz Digital Transformation Strategies Report Overview
Allianz has been leveraging innovative technologies such as artificial intelligence, blockchain, cloud, big data, the IoT, and cybersecurity to digitally transform its operations. The annual ICT spending of Allianz was estimated at $4.7 billion for 2022. A major share of this spending is earmarked for acquiring software, consulting, and hardware from vendors. Allianz, provides global insurance and asset management services, offers life insurance and property and casualty insurance products under the Allianz and Euler Hermes brands. Allianz offers a wide range of products, services, and solutions in asset management. Its asset management products include fixed income, equities, and alternative investments. The company provides asset management services to third-party investors under the PIMCO brand.
The Allianz Digital Transformation Strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. Information included in these reports are sourced from a mix of our very own internal database and authentic secondary research links such as company’s annual report, presentations, press releases etc. The report covers overview of the company, its digital transformation strategies, technology focus areas, accelerators, incubators & other innovation programs, technology partnerships, technology introductions, acquisitions, and ICT spending among others.
Digital Transformation Strategies
Allianz is extensively leveraging emerging technologies to resolve claims. It also provides AI-based chatbots and voicebots to help its customers with products and services during the pandemic. As part of its strategy, the company has adopted full-scale DevOps and cloud transformation. The aim is to transform the way it leverages emerging technologies to respond to market needs faster and deliver exceptional experiences to customers. The company has a digital transformation unit of that connects all the companies under the Allianz Group around the world, to provide an engaging digital customer experience.
To gain more insights on digital transformation strategies and initiatives of Allianz, download a free report sample
Allianz Technology Theme Focus
Allianz is utilizing a number of emerging technologies including artificial intelligence, blockchain, and cloud among others to improve customer experience.
Allianz Technology Focus
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Allianz Technology Initiatives
Allianz has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs, and technology acquisitions over the last few years. For instance, in 2021, Allianz Global Corporate & Specialty and Munich Re collaborated with Google Cloud to develop a new cyber risk insurance coverage solution called Cloud Protection +, for customers enrolled on Google’s Risk Protection Program. The Risk Protection Program consists of two components including Risk Manager, a tool that helps determine a customer’s security risk posture on the cloud, and Cloud Protection +, a cyber insurance solution built for Google Cloud customers.
For more insights on other technology initiatives of Allianz, download a free report sample
Allianz ICT Spend by Function
- Data center
- Communications
- Network
- Applications
- End-user computing
- Management
- ICT service desk
Allianz ICT Spend by Function
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Allianz ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/consulting firms
- Specialist outsourcers
- Systems integrators
Allianz ICT Spend by Channel
For more insights on ICT spending by channel, download a free report sample
Allianz External ICT Spend by Segment
- Software (including Cloud SaaS)
- Hardware (including Cloud IaaS)
- ICT services
- Consulting
- Network and communications
- Others
Allianz External ICT Spend by Segment
For more insights on external ICT spending by segment, download a free report sample
Allianz Digital Transformation Strategies Overview
| Total ICT Spending 2022 | $4.7 billion |
| ICT Spend by Function | Data center, Communications, Network, Application, End-User computing, Management, and Service desk |
| ICT Spend by Channel | Internal Development and Maintenance, Technology Vendors (Direct), Local Resellers, Telcos, ICT Services Providers/Consulting Firms, Specialist Outsourcers, and Systems Integrators |
| External ICT Spend by Segment | Software (including Cloud SaaS), Hardware (including Cloud IaaS), ICT Services, Consulting, Network and Communications, and Others |
| Technology Theme Focus | Artificial Intelligence, Blockchain, Cloud |
This report provides:
- Insight into Allianz’s technology activities.
- Insights of its accelerators, incubators, & other innovation programs.
- Overview of technology initiatives covering partnerships, technology introductions, and acquisitions.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets.
Reasons to Buy
- Gain insights into Allianz’s technology operations.
- Gain insights into its technology strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into its various partnerships.
Key Players
Table of Contents
Frequently Asked Questions
The annual ICT spending of Allianz was estimated at $4.7 billion in 2022.
The key ICT spending categories by function for Allianz are communications, data center, network, applications, end-user computing, ICT service desk, and management.
The key ICT spending categories by channel for Allianz are internal development and maintenance, technology vendors (direct), local resellers, telcos, ICT services providers/consulting firms, specialist outsourcers, and systems integrators.
The key external ICT spending categories by segment for Allianz are ICT services, software (including cloud SaaS), hardware (including cloud IaaS), ICT services, network and communications, consulting, and others.
The key technological themes in focus for Allianz are artificial intelligence, blockchain, cloud, big data, the IoT, and cybersecurity.
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