KBC Group – Enterprise Tech Ecosystem Series
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KBC Group has been focusing on artificial intelligence and data analytics technologies as a part of its digital transformation strategies. The annual ICT spending of KBC was estimated at $587 million in 2021. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. KBC Group is a financial holding company that offers banking and insurance solutions, its banking offerings comprise current accounts, savings accounts, pension savings accounts, term deposits, payment solutions, discretionary investments, and non-discretionary investments.
The KBC 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, ICT spending among others.
Digital Transformation Strategies
KBC is embracing artificial intelligence-based digital tools and data analysis technologies to simplify banking transactions; design digital-first banking services, products, and processes; and offer simple and personalized banking services and products to customers. The digital-first banking services, products, and processes benefit both KBC and its clients and can be easily scaled according to market demands. As part of the strategy, KBC plans to apply AI technologies to make customer interactions more engaging through digital channels.
To gain more insights on digital transformation strategies and initiatives of KBC, download a free report sample
KBC Technology Theme Focus
KBC is utilizing number of emerging technologies including artificial intelligence, big data, and blockchain to enhance its operational and service capabilities.
KBC Technology Theme Focus
To know about other technology themes under focus for the company, download a free report sample
KBC Technology Initiatives
KBC Group launched DISCAI, a fully owned subsidiary, to commercialize internally developed AI applications to third parties. DISCAI’s first application is a high-performance, AI-based solution to combat money laundering. DISCAI will also work with partners for the distribution and integration of these applications.
For more insights on other technology initiatives of KBC, download a free report sample
KBC ICT Spend by Function
- Communications
- Data center
- Network
- Application
- End-user computing
- Service desk
- Management
KBC ICT Spend by Function
For more insights on ICT spending by function, download a free report sample
KBC ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
KBC ICT Spend by Channel
For more insights on ICT spending by channel, download a free report sample
KBC External ICT Spend by Segment
- ICT services
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
KBC External ICT Spend by Segment
For more insights on external ICT spending by segment, download a free report sample
KBC Digital Transformation Strategies Overview
Total ICT Spending 2021 | $587 million |
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, Payments, and Wearable Tech |
This report provides:
- Insight into KBC’s technology activities.
- Insights of its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering product launches, and partnerships.
- 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 KBC’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, and partnerships.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of KBC in 2021?
The annual ICT spending of KBC was estimated at $587 million in 2021.
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What are the key ICT spending categories by function for KBC?
The key ICT spending categories by function for KBC are communications, data center, network, application, end-user computing, service desk, and management.
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What are the key ICT spending categories by channel for KBC?
The key ICT spending categories by channel for KBC are internal development and maintenance, technology vendors (direct), local resellers, telcos, ICT services providers/consulting firms, specialist outsourcers, and systems integrators.
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What are the key external ICT spending categories by segment for KBC?
The key external ICT spending categories by segment for KBC are ICT services, software (including cloud SaaS), hardware (including cloud IaaS), network and communications, consulting, and others.
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What are the key technology themes in focus for KBC?
The key technological theme in focus for KBC are artificial intelligence, big data, blockchain, payments, and wearable tech.
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