HD Hyundai Infracore – Digital Transformation Strategies
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Hyundai Infracore – Digital Transformation Strategies Overview
Hyundai Infracore has been focusing on digitalizing its operations and forging technology partnerships to further its digital transformation journey. The annual ICT spending of Hyundai Infracore was estimated at $110 million in 2022. A major share of this spending is earmarked for acquiring ICT services, software, and hardware from vendors. HD Hyundai Infracore (previously Doosan Infracore) is a manufacturer of construction equipment and engines. Its construction equipment includes excavators, wheel loaders, articulated dump trucks, compact equipment, portable power and attachments. The company manufactures diesel and gas engines such as generator diesel engine, off-highway and on-highway diesel engine, agricultural machinery diesel engine, marine diesel engine, power generation CNG engine, on-highway CNG engine and casting for buses, trucks, generators, and vessels. The company markets its products under the brand names Doosan, Bobcat, Doosan Portable Power, and Geith. The company operates in Asia, Europe, South America, North America, Middle East, and Africa. The company replaced the DOOSAN brand on its construction equipment and introduced its new brand name as DEVELON.
Total ICT Spending 2022 | $110 million |
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, Cloud, Augmented and Virtual Reality |
The Hyundai Infracore’s 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, acquisitions, ICT spending among others.
Digital Transformation Strategies
Hyundai Infracore is digitalizing its operations as a part of its strategy to increase efficiencies. The initiatives include DoosanCONNECT, a telematics fleet management system and Concept-X, a platform designed to demonstrate how technologies such as autonomous vehicles, AI, and robotics can be applied to construction equipment to enhance safety, efficiency, and productivity. Furthermore, Hyundai Infracore has been actively forging partnerships with major technology companies to enhance its efficiencies, eliminate redundancies and reduce costs in the process. For instance, Hyundai Infracore partnered with Trimble, a leading provider of advanced location-based solutions to integrate Trimble’s technology into Doosan’s construction equipment, allowing operators to access real-time data and analytics to improve productivity, safety, and efficiency.
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download a free report sample Hyundai Infracore Technology Theme Focus
Hyundai Infracore is utilizing a number of emerging technologies including artificial intelligence, virtual and augmented reality, and cloud to improve operational efficiency, diversify product portfolio, and improve the safety of workers.
Hyundai Infracore Technology Focus
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Hyundai Infracore Technology Initiatives
Hyundai Infracore forged several strategic technology partnerships and collaborations, technology developments and roll outs over the past few years.
Hyundai Infracore partnered with Palantir Technologies to develop a big data platform to optimize business operations and to speed up decision making processes. Hyundai Infracore also partnered with Dassault Systèmes to develop a digital twin of its construction equipment that can be used to simulate their performance and optimize their design and operation. Additionally, Hyundai Infracore launched a smart construction solution called XiteCloud.
For more insights on other technology initiatives of Hyundai Infracore, download a free report sample
Hyundai Infracore ICT Spend by Function
- Communications
- Data center
- Network
- Application
- End-user computing
- Service desk
- Management
Hyundai Infracore ICT Spend by Function, 2022
For more insights on ICT spending by function, download a free report sample
Hyundai Infracore ICT Spend by Channel
- Internal development and maintenance
- Technology vendors
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
Hyundai Infracore ICT Spend by Channel, 2022
For more insights on ICT spending by channel, download a free report sample
Hyundai Infracore External ICT Spend by Segment
- ICT services
- Software
- Hardware
- Network and communications
- Consulting
- Others
Hyundai Infracore External ICT Spend by Segment
For more insights on external ICT spending by segment, download a free report sample
Scope
This report provides:
- Insight into Hyundai Infracore’s technology activities.
- Insights of its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering partnerships, investments, and acquisitions.
- 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 Hyundai Infracore’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, investments, and acquisitions.
Trimble
SafeAI
Unity technologies
Dassault systèmes
o9 Solutions
Palantir technologies
Table of Contents
Frequently asked questions
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What was the total ICT spending of Hyundai Infracore in 2022?
The annual ICT spending of Hyundai Infracore was estimated at $110 million in 2022.
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Which was the leading ICT spending category by function for Hyundai Infracore?
Data center was the leading ICT spending category by function for Hyundai Infracore in 2022.
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Which was the leading ICT spending category by channel for Hyundai Infracore?
Internal development and maintenance was the key ICT spending category by channel for Hyundai Infracore in 2022.
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Which are the leading external ICT spending category by segment for Hyundai Infracore?
Software was the key external ICT spending category by segment for Hyundai Infracore in 2022.
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What are the key technology themes in focus for Hyundai Infracore?
The key technological theme in focus for Hyundai Infracore are artificial intelligence, cloud and augmented and virtual reality.
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