Facebook, Inc. – Enterprise Tech Ecosystem Series
Facebook, Inc. (Facebook) has been focusing on using augmented & virtual reality, data centers, artificial intelligence, blockchain, cybersecurity, and big data to digitally transform its operations. The annual ICT spending of Facebook was estimated at $5.9 billion for 2021. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Facebook is social networking, advertising, and business insight solutions provider that offers various products and services for commercial and non-commercial customers. The company, through its major products Facebook, Instagram, Oculus, Messenger, and WhatsApp, connects people with their friends, families, and co-workers across the world, and helps them discover new products and services from local and global businesses.
The Facebook enterprise tech ecosystem 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. The information included in these reports is sourced from a mix of our very own internal database and authentic secondary research links such as the company’s annual report, presentations, press releases, etc. The report covers an overview of the company, its digital transformation strategies, technology focus areas, accelerators, incubators & other innovation programs, technology partnerships, technology introductions, investments, acquisitions, and ICT spending among others.
Digital Transformation Strategies
Facebook is leveraging AR and VR technologies to help create products for its clients to improve their sales and marketing opportunities apart from creating an immersive end-user experience. For instance, Facebook Reality Labs is a platform that leverages the expertise of researchers, developers, and engineers to create advanced and futuristic experiences with these technologies. Facebook also provides a free software suite called Facebook 360 Spatial Workstation to help creators design spatial audio for 360 video and cinematic VR.
To gain more insights on digital transformation strategies and initiatives of Facebook, download a free report sample.
Facebook Technology Theme Focus
Facebook is utilizing a number of emerging technologies including augmented & virtual reality, data centers, and big data among others to enhance its operational and service capabilities.
To know about other technology themes under focus for the company, download a free report sample
Facebook Technology Initiatives
Facebook has been involved in several strategic technology partnerships and collaborations, technology developments and roll-outs, and technology investments and acquisitions over the last few years. For instance, in 2017, the company partnered with Marchex to enable businesses to optimize their marketing expenditure. Marchex is a mobile advertising analytics company The partnership enables Facebook to integrate Marchex Omnichannel Analytics Cloud into its platform and provide marketers actionable insights to help them quickly optimize their marketing expenditure across various channels.
For more insights on other technology initiatives of Facebook, download a free report sample
Facebook ICT Spend by Function
- Data center
- Communications
- Network
- Applications
- End-user computing
- Management
- Service desk
For more insights on ICT spending by function, download a free report sample
Facebook ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/consulting firms
- Specialist outsourcers
- Systems integrators
For more insights on ICT spending by channel, download a free report sample
Facebook External ICT Spend by Segment
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- ICT services
- Consulting
- Network and communications
- Others
For more insights on external ICT spending by segment, download a free report sample
Facebook Tech Ecosystem Overview
| Total ICT Spending 2021 | $5.9 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 | Augmented & Virtual Reality, Data Centers, and Big Data |
This report provides:
- Insight into Facebook’s technology activities.
- Insights of its accelerators, incubators, & other innovation programs.
- Overview of technology initiatives covering partnerships, technology introductions, acquisitions, and investments.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets.
Reasons to Buy
- Gain insights into Facebook’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 Facebook was estimated at $5.9 billion in 2021.
The key ICT spending categories by function for Facebook are communications, data center, network, applications, end-user computing, service desk, and management.
The key ICT spending categories by channel for Facebook 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 Facebook are software (including cloud SaaS), hardware (including cloud IaaS), ICT services, network and communications, consulting, and others.
The key technological theme in focus for Facebook are augmented & virtual reality, data centers, and big data.
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