GlaxoSmithKline Plc – Digital Transformation Strategies
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GlaxoSmithKline digital transformation strategies report overview
GlaxoSmithKline is harnessing the power of digital technologies such as AI, ML, and deep learning to accelerate the drug discovery and development process and reduce the time and operational costs. The annual ICT spending of GlaxoSmithKline was estimated at $892.7 million in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and consulting from vendors. GlaxoSmithKline is a healthcare company that focuses on developing, manufacturing, and commercializing pharmaceuticals, vaccines, and consumer healthcare products.
Total ICT Spending 2023 | $892.7 million |
ICT Spend by Function | Data Center, Communications, Applications, Network, 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), ICT services, Consulting, Network and communications, Hardware (including Cloud Iaas), and Others |
Technology Theme Focus | Artificial Intelligence, Big Data, Cloud and IoT |
The GlaxoSmithKline 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. 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, technology initiatives, technology introductions, investments, acquisitions, and ICT spending among others.
Digital Transformation Strategies
GSK is focused on incorporating data and analytics technologies to digitalize its manufacturing processes. It created a data analytics platform using Cloudera’s Hadoop open-source software to curate and internally share unstructured and structured scientific data from different operational sources, including drug development and clinical trial data. The big data platform enables GSK to gain a holistic view of all the data within its R&D, extract insights accelerate new product development, and improve operational efficiency. In 2021, the company partnered with King’s College London to leverage AI/ML technologies to understand patients’ responses to cancer treatment.
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GlaxoSmithKline Technology Theme Focus
GlaxoSmithKline is utilizing a number of emerging technologies including AI, big data, cloud, blockchain, alternative reality, and robotic process automation to enhance efficiencies in drug delivery and streamline its operational processes.
GlaxoSmithKline Technology Focus
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GlaxoSmithKline Technology Initiatives
GlaxoSmithKline has been involved in several strategic technology partnerships and collaborations, technology developments and rollouts, and technology investments over the past few years.
GSK collaborated with Cerebras Systems to train complex epigenomic models with large datasets to speed up the drug discovery process using artificial intelligence technologies. Under this partnership, GSK will leverage AI computing muscle Cerebras CS 1 system, powered by silicon chip, to train more sophisticated AI models for genetic data.
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GlaxoSmithKline ICT Spend by Function
- Data center
- Communications
- Applications
- Network
- End-user computing
- Management
- Service desk
GlaxoSmithKline ICT Spend by Function, 2023 (%)
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GlaxoSmithKline ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
GlaxoSmithKline ICT Spend by Channel, 2023 (%)
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GlaxoSmithKline External ICT Spend by Segment
- Software (including Cloud SaaS)
- ICT services
- Consulting
- Network and communications
- Hardware (including Cloud Iaas)
- Others
GlaxoSmithKline External ICT Spend by Segment, 2023 (%)
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Scope
This report provides:
- Insight into GlaxoSmithKline’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 GlaxoSmithKline’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 GlaxoSmithKline in 2023?
The annual ICT spending of GlaxoSmithKline was estimated at $892.7 million in 2023.
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Which is the leading external ICT spending category by function for GlaxoSmithKline?
Network is the leading external ICT spending category by function for GlaxoSmithKline in 2023.
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Which is the leading external ICT spending category by channel for GlaxoSmithKline?
Internal development and maintenance is the leading external ICT spending category by channel for GlaxoSmithKline in 2023.
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Which is the leading external ICT spending category by segment for GlaxoSmithKline?
Software (including cloud SaaS) is the leading external ICT spending category by segment for GlaxoSmithKline in 2023.
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What are the key technology themes in focus for GlaxoSmithKline?
The key technological themes in focus for GlaxoSmithKline are artificial intelligence, big data, and IoT.
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