Meta Platforms, Inc – Digital Transformation Strategies

Pages: 33 Published: September 12, 2022 Report Code: GDDT0590ES

Meta Platforms Inc formerly Facebook, Inc. 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 Meta was estimated at $8.03 billion for 2021. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Meta 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, and families, and co-workers across the world, and helps them discover new products and services from local and global businesses.

The Meta 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, accelerators, incubators & other innovation programs, technology partnerships, technology introductions, investments, acquisitions and ICT spending among others.

Digital Transformation Strategies

Meta 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, Meta Reality Labs is the platform that leverages the expertise of researchers, developers, and engineers to create advanced and futuristic experiences with these technologies. Meta also provides a free software suite called Meta360 Spatial Workstation to help creators design spatial audio for 360 video and cinematic VR.

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Meta Technology Theme Focus

Meta is utilizing a number of emerging technologies including blockchain, IoT , and big data among others to enhance its operational and service capabilities.

Meta Technology Theme Focus

Meta Technology Theme Focus

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Meta Technology Initiatives

Meta 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 Meta 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 Meta, download a free report sample

Meta ICT Spend by Function

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

Meta ICT Spend by Function

Meta ICT Spend by Function

For more insights on ICT spending by function, download a free report sample

Meta ICT Spend by Channel

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

Meta ICT Spend by Channel

Meta ICT Spend by Channel

For more insights on ICT spending by channel, download a free report sample

Meta External ICT Spend by Segment

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

Meta External ICT Spend by Segment

Meta External ICT Spend by Segment

For more insights on external ICT spending by segment, download a free report sample

Meta Digital Transformation Strategies Overview

Total ICT Spending 2021 $8.03 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 Blockchain, IoT , and Big Data

This report provides:

  • Insight into Meta’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 Meta’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

Oasis Protocol Foundation
Scape Technologies
Bloomsbury AI
BigBox VR
Downpour Interactive
Lemnis Technologies
Ready At Dawn
Sanzaru Games
Beat Games

Table of Contents

Table of Contents


Digital Transformation Strategy

Accelerators, Incubators, and other Innovation Programs

Technology Focus

Technology Initiatives

Venture Arm



Investment, Partnership, Acquisition Network Map

ICT Budgets Contracts

Key Executives

About GlobalData

Frequently Asked Questions

The annual ICT spending of Meta was estimated at $8.03 billion in 2021.


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

The key ICT spending categories by channel for Meta 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 Metaare 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 Meta are blockchain, IoT , and big data.


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