The Hartford – Digital Transformation Strategies
The Hartford has been focusing on using artificial intelligence, machine learning, cloud and data analytics to digitally transform its operations. The annual ICT spending of The Hartford was estimated at $1 billion for 2021. A major share of this spending is earmarked for acquiring software, ICT services and hardware from vendors. The Hartford is a US based holding company. Through its subsidiaries it provides property and casualty insurance products, group benefits insurance and services, exchange traded products, and mutual funds to businesses and customers in the US, Europe, and other international markets.
The Hartford 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, and other innovation programs, technology partnerships, technology introductions, investments, and ICT spending among others.
Digital Transformation Strategies
The Hartford uses data and analytics tools to improve customer service and provide tailor made insurance plans. The Hartford’s claims department uses data analytics to offer value added services to customers.
To gain more insights on digital transformation strategies and initiatives of The Hartford, download a free report sample
The Hartford Technology Theme Focus
The Hartford is utilizing a number of emerging technologies including blockchain, big data, and cloud among others to achieve operational efficiencies, offer better products and services to customers, automate daily operations, and increase transparency within the organization.
To know about other technology themes under focus for the company, download a free report sample
The Hartford Technology Initiatives
The Hartford has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs, and technology investments over the last few years. For instance, in 2019, the Hartford teamed up with email and data security platform Mimecast to help its customers and employees manage and reduce cybersecurity risk. The partnership enables The Hartford to use the Mimecast Awareness training portal to minimize human error and drive awareness about cyber threats.
For more insights on other technology initiatives of The Hartford, download a free report sample
The Hartford ICT Spend by Function
- Data center
- Communications
- Network
- Applications
- End-user computing
- Management
- ICT Service desk
For more insights on ICT spending by function, download a free report sample
The Hartford ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/consulting firms
- Specialist outsourcers
- Systems integrators
For more insights on ICT spending by channel, download a free report sample
The Hartford External ICT Spend by Segment
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- ICT services
- Consulting
- Network and communications
- Others
For more insights on external ICT spending by segment, download a free report sample
The Hartford Digital Transformation Strategies Overview
| Total ICT Spending 2021 | $1 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, Big Data, and Cloud |
This report provides:
- Insight into The Hartford’s technology activities.
- Insights of its accelerators, incubators, and other innovation programs.
- Overview of technology initiatives covering partnerships, technology introductions, and investments.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets.
Reasons to Buy
- Gain insights into The Hartford’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 The Hartford was estimated at $1 billion in 2021.
The key ICT spending categories by function for The Hartford are communications, data center, network, applications, end-user computing, ICT service desk, and management.
The key ICT spending categories by channel for The Hartford 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 The Hartford are 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 The Hartford are blockchain, big data, and cloud.
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.