Toyota Motor Corporation – Digital Transformation Strategies
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Toyota Digital Transformation Strategies Report Overview
Toyota uses emerging technologies as a part of its digital transformation strategies. The annual ICT spending of Toyota was estimated at $7.8 billion in 2022. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Toyota designs, manufactures, and sells passenger cars, buses, minivans, trucks, specialty cars, recreational and sport-utility vehicles. It provides financing to dealers and customers for purchase or lease of vehicles. The company is also involved in housing, financial services, telecommunications, and information technology businesses. Toyota’s financial services include retail leasing, retail financing, insurance, and wholesale financing. It operates across the Americas, Europe, Africa, Asia Pacific, and the Middle East.
Total ICT Spending 2022 | $7.8 billion |
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, Big Data, Cloud, IoT, and Robotics |
The Toyota 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, partnerships, investment, acquisitions, ICT spending among others.
Digital Transformation Strategies
Toyota is emphasizing on accelerating digital growth and serve clients better. It is investing in emerging technologies to maintain its segment operations. Toyota leverages several digital technologies to implement its digital transformation strategies. It is majorly focused on autonomous vehicles and has produced a range of advanced electric vehicles. Over the years, Toyota has been using a wide range of digital solutions to transform its business operations. It also established strategic partnerships with several technology firms to drive innovation.
To gain more insights on digital transformation strategies and initiatives of Toyota, download a free report sample
Toyota Technology Theme Focus
Toyota Motor Corporation is utilizing number of emerging technologies including artificial intelligence, big data, cloud, blockchain and batteries, among others to enhance operational efficiency and product offerings.
Toyota Technology Focus
To know about other technology themes under focus for the company, download a free report sample
Toyota Technology Initiatives
Toyota has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs over the past few years. For instance, Toyota expanded its partnership with Google Cloud to bring together Toyota and Lexus next-generation audio multimedia systems and Google Cloud’s AI-based speech services. Customers can now experience the results of partnership in latest generation Toyota Audio Multimedia and Lexus Interface infotainment systems, including in 2023 models like the Toyota Corolla family, Tundra and Sequoia and Lexus NX, RX and all-electric RZ.
For more insights on other technology initiatives of Toyota, download a free report sample
Toyota ICT Spend by Function
- Communications
- Data center
- Network
- Application
- End-user computing
- Service desk
- Management
Toyota ICT Spend by Function, 2022
For more insights on ICT spending by function, download a free report sample
Toyota ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
Toyota ICT Spend by Channel, 2022
For more insights on ICT spending by channel, download a free report sample
Toyota External ICT Spend by Segment
- ICT services
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
Toyota 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 Toyota’s technology activities.
- Insights of its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering product launches, 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 Toyota’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 product launches, partnerships, investments, and acquisitions.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of Toyota in 2022?
The annual ICT spending of Toyota was estimated at $7.8 billion in 2022.
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Which was the leading ICT spending category by function for Toyota?
Communications was the leading ICT spending category by function for Toyota in 2022.
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Which was the leading ICT spending category by channel for Toyota?
Internal development and maintenance was the leading ICT spending category by channel for Toyota in 2022.
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Which was the leading ICT spending category by segment for Toyota?
Software (including cloud SaaS) was the leading ICT spending category by segment for Toyota in 2022.
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What are the key technology themes in focus for Toyota?
The key technological theme in focus for Toyota are artificial intelligence, big data, cloud, IoT, and robotics.
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