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

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 (%)

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 (%)

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 (%)

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

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

Acquisitions

Brief discussion about the acquisitions by the company

Partnership and Acquisition 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

AstraZeneca Plc – Digital Transformation Strategies standard reports
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$1,495

Can be used by individual purchaser only

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Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


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