Epiroc is tapping into key disruptive technologies, including AI, data analytics, cloud, IoT, and batteries., among others, to digitally transform its operations. The annual ICT spending of Epiroc is estimated at $100.5 million for 2022. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Epiroc is a manufacturer of mining and construction equipment. It operates through five business divisions, namely surface, underground, parts & services, digital solutions, and tools & attachments.

Epiroc 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; innovation centers & training program, technology partnerships; technology introductions; acquisitions; and ICT spending among others.

Digital Transformation Strategies

Epiroc aims to nullify accidents in mines and construction sites by 2030. To achieve this goal, the company has been focusing on gaining capabilities in autonomous and remote-control technology. Epiroc has launched several autonomous drill rigs and has acquired several technology companies that specialize in developing autonomous vehicle technologies.

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Epiroc Technology Theme Focus

Epiroc is strengthening its focus on the use of key disruptive technologies to enhance its service and product offerings. To do so, it is tapping into key disruptive technologies including AI, data analytics, cloud, IoT, and batteries.

Epiroc Technology Focus

Epiroc Technology Focus

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Epiroc Technology Initiatives

Epiroc has been involved in several strategic technology partnerships and collaborations, technology roll outs, and acquisitions over the past few years. For instance, in 2022, Epiroc partnered with Skanska to field test its SmartROC T35 E, a battery-electric drill rig for surface operations.

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Epiroc ICT Spend by Function

  • Data center
  • Communications
  • Network
  • Applications
  • End-user computing
  • Management
  • ICT Service desk

Epiroc ICT Spend by Function

Epiroc ICT Spend by Function

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Epiroc ICT Spend by Channel

  • Internal development and maintenance
  • Technology vendors (direct)
  • Local resellers
  • Telcos
  • ICT services providers/consulting firms
  • Specialist outsourcers
  • Systems integrators

Epiroc ICT Spend by Channel

Epiroc ICT Spend by Channel

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Epiroc External ICT Spend by Segment

  • Software (including Cloud SaaS)
  • Hardware (including Cloud Iaas)
  • ICT services
  • Consulting
  • Network and communications
  • Others

Epiroc External ICT Spend by Segment

Epiroc External ICT Spend by Segment

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Epiroc Digital Transformation Overview

Total ICT Spending 2022 $100.5 million
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 AI, data analytics, cloud, IoT, batteries etc.

Scope

This report provides:

  • Insight into Epiroc’s technology activities.
  • 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 Epiroc’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, technology introductions, and acquisitions.

Key Players

ASI Mining
Combitech
Skanska
ABB
Northvolt
B3
Boliden
Ericsson
Orica

Table of Contents

  • 1. Overview – Brief information about the company, its business divisions, and its financials
  • 2. Digital Transformation Strategy – A summary of key digital strategies/implementation efforts of the company
  • 3. Innovation Center and Training Program – Discusses the company’s key strategic units, innovation labs, incubation and accelerator programs dedicated to technology innovation
  • 4. Technology Focus – Lists the technology themes pertinent to the industry the company operates in and highlights the themes adopted by the company
  • 5. Technology Initiatives – Discussion about all the technology introductions & partnerships the company has entered
  • 6. Acquisitions – Brief discussion about the acquisitions by the company
  • 7. Partnership and Investment Network Map – A bird’s eye view of all the partnerships/investments/acquisitions that the company has made in the last 3-5 years
  • 8. ICT Budget and Contracts – The company’s ICT budget segregated into hardware, software, and managed IT services
  • 9. Key Executives Lists key executives and Digital Transformation Executives of the company, typically the key decision makers/influencers

Frequently Asked Questions

The annual ICT spending of Epiroc was estimated at $100.5 million in 2022.

The key ICT spending categories by function for Epiroc are communications, data center, network, applications, end-user computing, ICT service desk, and management.

The key ICT spending categories by channel for Epiroc 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 Epiroc are ICT services, software (including cloud SaaS), hardware (including cloud IaaS), ICT services, network and communications, consulting, and others.

The key technological theme in focus for Epiroc are AI, data analytics, cloud, IoT, batteries etc.

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