Bayer AG – Digital Transformation Strategies
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Bayer implemented a five-year global IT strategy to drive its digital business transformation by aligning itself to emerging technologies like cloud, IoT, and AI among others. The annual ICT spending of Bayer was estimated at $2.3 billion in 2022. A major share of this spending is earmarked for acquiring hardware, network and communications, and software from vendors. Bayer is a life science company engaged in research, development, manufacture, and supply of products in healthcare and agriculture.
Total ICT Spending 2022 | $2.3 billion |
ICT Spend by Function | Communications, Data Center, Network, Application, End-User Computing, Service Desk, and Management |
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 | ICT services, Software (including Cloud SaaS), Hardware (including Cloud Iaas), Network and communications, Consulting, and Others |
Technology Theme Focus | Artificial Intelligence, Big Data, Blockchain, Cloud and Alternative Reality |
The Bayer 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, technology initiatives, technology introductions, investments, ICT spending among others.
Digital Transformation Strategies
Bayer implemented a five-year global IT strategy to drive its digital business transformation by aligning itself to new technologies like cloud, IoT, and AI among others, to create various digital platforms. The strategy also aims to drive IT security investments, to ensure data protection, and fortify its systems and manufacturing plants from cyber-attacks. To drive its digital agenda, Bayer established a Digital Excellence Council, to explore new skills, platforms, and solutions, using available data in a better way, and partnering with startups to drive digital growth.
To gain more insights on digital transformation strategies and initiatives of Bayer, download a free report sample
Bayer Technology Theme Focus
Bayer is utilizing number of emerging technologies including artificial intelligence, big data, blockchain, cloud and alternative reality to improve operational efficiency, and enhance customer experiences.
Bayer Technology Focus
To know about other technology themes under focus for the company, download a free report sample
Bayer Technology Initiatives
Bayer has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs, and technology investments over the past few years. For instance, Bayer partnered with Blackford Analysis, a provider of medical imaging applications and AI solutions. Bayer is leveraging the co-development partnership with Blackford Analysis to enable healthcare professionals centrally manage digital clinical imaging and workflow applications including AI enabled solutions.
For more insights on other technology initiatives of Bayer, download a free report sample
Bayer ICT Spend by Function
- Communications
- Data center
- Network
- Application
- End-user computing
- Service desk
- Management
Bayer ICT Spend by Function, 2022
For more insights on ICT spending by function, download a free report sample
Bayer ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
Bayer ICT Spend by Channel, 2022
For more insights on ICT spending by channel, download a free report sample
Bayer External ICT Spend by Segment
- ICT services
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
Bayer External ICT Spend by Segment, 2022
For more insights on external ICT spending by segment, download a free report sample
Scope
This report provides:
- Insight into Bayer’s technology activities.
- Insights of its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering product launches, partnerships, and investments.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets and major ICT contracts.
Reasons to Buy
- Gain insights into Bayer’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 product launches, partnerships, and investments.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of Bayer in 2022?
The annual ICT spending of Bayer was estimated at $2.3 billion in 2022.
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Which was the largest external ICT spending category by function for Bayer?
Communications was the largest external ICT spending category by function for Bayer in 2022.
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Which was the largest external ICT spending category by channel for Bayer?
Internal development and maintenance was the largest external ICT spending category by channel for Bayer in 2022.
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Which was the largest external ICT spending category by segment for Bayer?
Software (including cloud SaaS was the largest external ICT spending category by segment for Bayer in 2022.
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What are the key technology themes in focus for Bayer?
The key technological theme in focus for Bayer are artificial intelligence, big data, blockchain, cloud and alternative reality.
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