AstraZeneca Plc – Digital Transformation Strategies
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Astrazeneca Digital Transformation Strategies Report Overview
AstraZeneca uses AI-based technologies as a part of its digital transformation strategies. The annual ICT spending of AstraZeneca was estimated at $1 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. AstraZeneca Plc (AstraZeneca) is a biopharmaceutical company, which is focused on the discovery, production, and commercialization of a range of prescription drugs. It develops products related to therapy areas such as respiratory, cardiovascular, renal, and metabolic diseases, cancer, autoimmune, infection, and neurological diseases.
Total ICT Spending 2023 | $1 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), Networks and communications, Consulting, and Others |
Technology Theme Focus | Artificial Intelligence, Big Data, Cloud, IoT and Genomics |
The AstraZeneca 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. 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 initiatives, technology introductions, partnerships, acquisitions, and ICT spending among others.
Digital Transformation Strategies
AstraZeneca is implementing AI technology to gain a better understanding of diseases, identify targets for novel medicines, and enable its scientists to discover and develop new medicines. AstraZeneca launched Machine Learning Ledger Orchestration for Drug Discovery (MELLODDY), a research consortium to leverage machine learning technologies and accelerate drug discovery. MELLODDY uses AWS Cloud to support the execution of machine learning algorithms on cloud-based big data and allows partners to gain complete traceability into the operational procedures.
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AstraZeneca Technology Theme Focus
AstraZeneca is utilizing a number of emerging technologies including artificial intelligence, big data, cloud, IoT, and genomics to enhance operational efficiency and product offerings.
AstraZeneca Technology Focus
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AstraZeneca Technology Initiatives
AstraZeneca has been involved in several strategic technology partnerships and collaborations, technology developments, and rollouts over the past few years. For instance, AstraZeneca Thailand signed a MoU with Phyathai 2 Hospital to use AI technology for chest X-rays in the hospital. This partnership combines AI technology with radiology interpretation to enhance services for undergoing check-ups. It also analyzes images to identify primary chest lesions and automatically compares outcomes, enabling hospitals to increase the possibility of early lung cancer detection and provide patients with the most accurate check-up results.
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AstraZeneca ICT Spend by Function
- Communications
- Datacenter
- Network
- Application
- End-user computing
- Service desk
- Management
AstraZeneca ICT Spend by Function, 2023 (%)
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AstraZeneca ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
AstraZeneca ICT Spend by Channel, 2023 (%)
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AstraZeneca External ICT Spend by Segment
- ICT services
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
AstraZeneca External ICT Spend by Segment, 2023 (%)
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Scope
This report provides:
- Insight into AstraZeneca’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 AstraZeneca’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.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of AstraZeneca in 2023?
The annual ICT spending of AstraZeneca was estimated at $1 billion in 2023.
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Which was the leading ICT spending category by function for AstraZeneca in 2023?
Data center was the leading ICT spending category by function for AstraZeneca in 2023.
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Which was the leading ICT spending category by channel for AstraZeneca in 2023?
Internal development and maintenance was the leading ICT spending category by channel for AstraZeneca in 2023.
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Which was the leading ICT spending category by segment for AstraZeneca in 2023?
Software (including cloud SaaS) was the leading ICT spending category by segment for AstraZeneca.
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What are the key technology themes in focus for AstraZeneca?
The key technological themes in focus for AstraZeneca are artificial intelligence, big data, cloud, IoT, and genomics.
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