Aegon – Digital Transformation Strategies
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Aegon Digital Transformation Strategies Report Overview
Aegon has been focusing on data-led innovation as a part of its digital transformation strategies. The annual ICT spending of Aegon was estimated at $2.4 billion in 2022. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Aegon is a provider of pension plans, life insurance, and asset management services to individuals and families, pension funds, companies, and other institutions.
Total ICT Spending 2022 | $2.4 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, Blockchain, Cloud Computing and Robotic Process Automation |
The Aegon 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, investments, acquisitions, ICT spending among others.
Digital Transformation Strategies
Aegon is strengthening its data and analytical capabilities to transform its services, support its risk, retirement, and health businesses, and help deliver better claims outcomes for customers. Aegon is leveraging artificial intelligence and machine learning technologies to uncover insights about its customers’ financial habits, manage financial queries, simplify underwriting, pick up on inconsistencies, and improve customer loyalty. Aegon has introduced various cyber risk management strategies to secure data and IT infrastructure internally and for its customers. The company is investing in security incident and event management technologies.
To gain more insights on digital transformation strategies and initiatives of Aegon, download a free report sample
Aegon Technology Theme Focus
Aegon is utilizing number of emerging technologies including artificial intelligence, big data, blockchain, cloud computing and robotic process automation to improve operational efficiency, diversify product portfolio and enhance customer experience.
Aegon Technology Focus
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Aegon Technology Initiatives
Aegon has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs, acquisitions, and technology investments over the past few years. For instance, Aegon Life is leveraging Legerity’s FastPost cloud-based accounting rules platform as a core integral component for its new real time, fully integrated, cloud based, scalable finance systems architecture. This initiative provides Aegon Life with a digital ready back office, supporting real time accounting and reporting capabilities. The platform enables real-time streaming of data that captures business events and seamlessly converts them into entries in the accounting system. This helps generate advanced business insights and improve end to end financial control and data lineage.
For more insights on other technology initiatives of Aegon, download a free report sample
Aegon ICT Spend by Function
- Communications
- Data center
- Network
- Application
- End-user computing
- Service desk
- Management
Aegon ICT Spend by Function, 2022(%)
For more insights on ICT spending by function, download a free report sample
Aegon ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
Aegon ICT Spend by Channel, 2022(%)
For more insights on ICT spending by channel, download a free report sample
Aegon External ICT Spend by Segment
- ICT services
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
Aegon 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 Aegon’s technology activities.
- Insights of its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering 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 Aegon’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, investments, and acquisitions.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of Aegon in 2022?
The annual ICT spending of Aegon was estimated at $2.4 billion in 2022.
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Which was the ICT spending category by function for Aegon?
Data center was the ICT spending category by function for Aegon in 2022.
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Which was the ICT spending category by channel for Aegon?
Internal development and maintenance was the ICT spending category by channel for Aegon in 2022.
-
Which was the ICT spending category by segment for Aegon?
Software (including cloud SaaS) was the ICT spending category by segment for Aegon in 2022.
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What are the key technology themes in focus for Aegon?
The key technological theme in focus for Aegon are artificial intelligence, big data, blockchain, cloud computing and robotic process automation.
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