Under Armour, Inc. – Digital Transformation Strategies

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Under Armour Digital Transformation Strategies Overview

Under Armour, Inc. (Under Armour) is leveraging several emerging technologies, including AI, cloud, augmented reality, 3D printing, and metaverse among others to improve business operations, enhance customer service and develop better products. The annual ICT spending of Under Armour was estimated at $70.1 million for 2023. A major share of this spending is earmarked for acquiring software, ICT services and network and communications from vendors.

Under Armour develops, markets, and distributes branded performance footwear, apparel and accessories for active, athletic and casual occasions. The company’s apparel products are: HEATGEAR®, COLDGEAR®, COLDGEAR INFRARED®, UA RUSH™, UA Iso-Chill™, UA STORM™, and UA SMARTFORM™. It makes footwear for training, running, cleated sports, basketball, and outdoor applications. Its accessory portfolio includes performance gloves, bags, headwear, socks, and sports masks. Under Armour sells its products through various sales channels, including independent, national, regional, and specialty distributors and wholesalers, its own Brand and Factory House stores and e-commerce websites.

The ’Under Armour Digital Transformation Strategies’ report will act as a reference point to understand the company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. The information included in these reports is sourced from a mix of our very own internal database and authentic secondary research links such as the company’s annual report, presentations, press releases etc. The report covers an overview of the company, its digital transformation strategies, technology focus areas, technology partnerships, technology introductions, and ICT spending among others.

Total ICT Spending 2023 $70.1 million
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 AI, Cloud, Augmented Reality, 3D Printing, and Metaverse
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Digital Transformation Strategies

Under Armour has equipped its 1,300-square-meter flagship store in The Dubai Mall with an innovative 3D Foot Scanner and an interactive AI-powered ‘Pick and Learn Station’ to elevate customer service. The 3D Foot Scanner uses computer vision to create a 360-degree scan of a customer’s feet, which helps store staff recommend the ideal footwear.

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Under Armour Technology Theme Focus

Under Armour is tapping into the power of key disruptive technologies to improve business operations, enhance customer service and develop better products. AI, cloud, augmented reality, and 3D printing are among the key technologies under focus for the company.

Under Armour Technology Focus

Under Armour Technology Focus

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Under Armour Technology Initiatives

Under Armour has been involved in several strategic technology partnerships, collaborations, and technology rollouts over the past few years. For instance, in 2023, Under Armour and hedgehog lab, a UK-based global tech consultancy, used AI and large language models (LLMs) to create ‘The Ultimate Team Talk’, an inspirational speech for football players participating in European football championships.

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Under Armour ICT Spend by Function

  • Data Center
  • Communications
  • Network
  • Applications
  • End-user Computing
  • Management
  • ICT Service Desk

Under Armour ICT Spend by Function, 2023 (%)

Under Armour ICT Spend by Function, 2023 (%)

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Under Armour ICT Spend by Channel

  • Internal Development and Maintenance
  • Technology Vendors (Direct)
  • Local Resellers
  • Telcos
  • ICT Services Providers/Consulting Firms
  • Specialist Outsourcers
  • Systems Integrators

Under Armour ICT Spend by Channel, 2023 (%)

Under Armour ICT Spend by Channel, 2023 (%)

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Under Armour External ICT Spend by Segment

  • Software (Including Cloud SaaS)
  • Hardware (Including Cloud IaaS)
  • ICT Services
  • Consulting
  • Network and Communications
  • Others

Under Armour External ICT Spend by Segment, 2023 (%)

Under Armour External ICT Spend by Segment, 2023 (%)

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Scope

This report provides:

  • Insight into Under Armour’s technology activities.
  • Overview of technology initiatives covering partnerships, and technology introductions.
  • Insights on each technology initiative including technology theme, objective, and benefits.
  • Details of estimated ICT budgets.

Reasons to Buy

  • Gain insights into Under Armour’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 and technology introductions.

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Table of Contents

Overview                                                                                              

– Brief information about the company, its business divisions, and its financials

Digital Transformation Strategy                                                       

– A summary of key digital strategies/implementation efforts of the company

Accelerators, Incubators, and Other Innovation Programs      

– Discusses the company’s key strategic units, innovation labs, incubation and accelerator programs dedicated to technology innovation

Technology Focus                                                                               

– Lists the technology themes pertinent to the industry the company operates in and highlights the themes adopted by the company

Technology Initiatives                                                                       

Discussion about all the technology introductions & partnerships the company has entered

Partnership, Investment & Acquisitions Network Map           

– A bird’s eye view of all the partnerships/investments/acquisitions that the company has made in the last 3-5 years

ICT Budget and Contracts                                                                 

– The company’s ICT budget segregated into hardware, software, and managed IT services

Key Executives                                                                                      

– Lists key executives and Digital Transformation Executives of the company, typically the key decision makers/influencers

Frequently asked questions

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