Tesla, Inc. – Digital Transformation Strategies
Tesla has been focusing on big data analytics to offer better services and develop new products and features as a part of its digital transformation strategies. The annual ICT spending of Tesla was estimated at $1.5 billion in 2021. A major share of this spending is earmarked for acquiring software, ICT services and hardware from vendors. Tesla is an automotive and energy company that designs, develops, manufactures and sells fully electric vehicles as well as energy generation and storage systems.
The Tesla digital transformation strategies market research 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, acquisitions, ICT spending among others.
Digital Transformation Strategies
Tesla collects a variety of data from its vehicles and analyses them on its servers for various purposes such as detecting and resolving issues in its vehicles and developing new products and services. The company also used data collected from vehicle sensors to develop an accurate map, self-driving technologies as well as an insurance policy. In 2019, the company offered a low-cost insurance policy to select Tesla drivers after analyzing their driving behavior and vehicle performance. Tesla also analyses customer feedback and comments on its online forums to address customer needs and future demands.
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Tesla Technology Theme Focus
Tesla is utilizing number of emerging technologies including AI, autonomous vehicles, big data, to improve operational efficiency and diversify product portfolio.
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Tesla Technology Initiatives
Tesla has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs, and technology acquisitions over the past few years.
For instance, Tesla Launched full self-driving beta technology that automatically steers Tesla vehicles through city streets and highways after drivers enter the destination location in the navigation system. It also assists drivers in parking and switching lanes on highways.
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Tesla ICT Spend by Function
- Data center
- Communications
- Network
- Application
- End-user computing
- Service desk
- Management
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Tesla ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
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Tesla External ICT Spend by Segment
- Software (including Cloud SaaS)
- ICT services
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
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Tesla Digital Transformation Strategies Overview
|
Total ICT Spending 2021 |
$1.5 billion |
| ICT Spend by Function | Data Center, Communications, 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 | Software (including Cloud SaaS), ICT services, Hardware (including Cloud Iaas), Network and communications, Consulting, and Others |
| Technology Theme Focus | Artificial Intelligence, Big Data, and Electric Vehicles |
This report provides:
- Insight into Tesla’s technology activities.
- Insights of its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering product launches, partnerships, 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 Tesla’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, and acquisitions.
Key Players
Table of Contents
Frequently Asked Questions
The annual ICT spending of Tesla was estimated at $1.5 billion in 2021.
The key ICT spending categories by function for Tesla are data center, communications, network, application, end-user computing, service desk, and management.
The key ICT spending categories by channel for Tesla 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 Tesla are software (including cloud SaaS), ICT services, hardware (including cloud IaaS), network and communications, consulting, and others.
The key technological theme in focus for Tesla are artificial intelligence, big data, and autonomous vehicles.
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