Raytheon Technologies – Digital Transformation Strategies
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Raytheon Technologies Corp (RTX) Digital Transformation Strategies Report Overview
Raytheon Technologies Corp (RTX) has been focusing on using artificial intelligence, machine learning, cloud, big data, and 3D printing to digitally transform its operations. The annual ICT spending of RTX was estimated at $5.4 billion for 2022. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. RTX, formerly United Technologies Corp, is a provider of technology products and services to the aerospace and defense industries. The company’s product portfolio comprises commercial, general aviation and military aircraft engines, engine control systems, power generation management and distribution systems, and flight systems. It also offers air dominance, command and control, communications and navigation, cybersecurity, decision superiority, air warfare, counter UAS, hypersonics, missile defense, naval warfare, land warfare, and space solutions.
Total ICT Spending 2022 | $5.4 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 | Artificial intelligence, machine learning, cloud, big data, drones, and 3D printing. |
The RTX 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, accelerator programs and innovation centers, technology partnerships, technology introductions, investments, acquisitions and ICT spending among others.
Digital Transformation Strategies
RTX is leveraging AI and ML to enhance its data analysis capabilities and making data-driven decisions. RTX has combined AI and ML technology with AR/VR to improve training programs and help military forces improve skills. Using AI, it has developed bots to manage lower-level logistics functions of the Army’s Multinational Readiness Center in Germany. The data captured from the bots is then used to improve training support and provide equipment for Army’s virtual training programs.
To gain more insights on digital transformation strategies and initiatives of RTX, download a free report sample.
RTX Technology Theme Focus
RTX is utilizing a number of emerging technologies including artificial intelligence, machine learning, cloud, big data, drones and 3D printing among others to enhance its operational and service capabilities.
RTX Technology Theme Focus
To know about other technology themes under focus for the company, download a free report sample
RTX Technology Initiatives
RTX 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 2018, Raytheon collaborated with HawkEye 360 a geospatial analytics provider, to gain access to geospatial data and enhance its analytics services to provide government customers with more precise data and deeper insights.
For more insights on other technology initiatives of RTX, download a free report sample
RTX ICT Spend by Function
- Data center
- Communications
- Network
- Applications
- End-user computing
- Management
- ICT Service desk
RTX ICT Spend by Function, 2022
For more insights on ICT spending by function, download a free report sample
RTX ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/consulting firms
- Specialist outsourcers
- Systems integrators
RTX ICT Spend by Channel, 2022
For more insights on ICT spending by channel, download a free report sample
RTX External ICT Spend by Segment
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- ICT services
- Consulting
- Network and communications
- Others
RTX External ICT Spend by Segment, 2022
For more insights on external ICT spending by segment, download a free report sample
Scope
This report provides:
- Insight into RTX’s technology activities.
- Insights of its accelerator programs & innovation centers.
- 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 RTX’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.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of RTX in 2022?
The annual ICT spending of RTX was estimated at $5.4 billion in 2022.
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Which was the leading ICT spending category by function for RTX?
Data center was the leading ICT spending category by function for RTX in 2022.
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Which was the leading ICT spending category by channel for RTX?
Internal development and maintenance was the leading ICT spending category by channel for RTX in 2022.
-
Which was the leading ICT spending category by segment for RTX?
Software (including cloud SaaS) was the leading ICT spending category by segment for RTX in 2022.
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What are the key technology themes in focus for RTX?
The key technological theme in focus for RTX are artificial intelligence, machine learning, cloud, big data, drones, and 3D printing.
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