Meta Platforms, Inc – Digital Transformation Strategies
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.
To gain more insights on digital transformation strategies and initiatives of Meta, download a free report sample
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
To know about other technology themes under focus for the company, download a free report sample
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
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
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
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
Table of Contents
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.
Get in touch to find out about our multi-purchase discounts
reportstore@globaldata.com
Tel +44 (0) 20 7947 2960
Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.
Still undecided about purchasing this report?
Testimonial
“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.
GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”
“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”
Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.
Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.
