Amazon.com Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

News provided by

Jan 16, 2024, 13:00 ET

DUBLIN, Jan. 16, 2024 /PRNewswire/ -- The "Amazon.com - Digital transformation strategies" company profile has been added to ResearchAndMarkets.com's offering.

This report provides insight into Amazon's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Amazon.com Inc (Amazon) is an online retailer and web services provider. The company retails a variety of products including apparel, auto & industrial items, beauty & health products, electronics, groceries, books, games, jewelry, kids and baby products, movies, music, sports goods, toys, and tools among others through online platforms and brick-and-mortar stores. The company's platforms are also used by various third parties for selling their goods.

Scope

Amazon is one of the first retail companies in the world to use artificial intelligence (AI) and its subset - machine learning (ML) - to suggest products to customers. The Amazon recommendation engine, Amazon Go Store, and Alexa - the three most popular Amazon products - are powered by AI and ML. The company follows a unique AI strategy called the flywheel approach to ensure that AI and ML-based innovations and insights are not confined to just one department but are shared among departments across the organization.
Amazon developed and deployed a data lake called Galaxy data lake to store, govern, discover, and share enterprise-wide data. By storing enterprise-wide data in open standards-based data formats, the data lake allows Amazon to use a variety of data analytics tools to quickly draw insights and make informed business decisions at the company-wide level.
Amazon uses a variety a robots to optimize its warehouse and supply chain operations. In 2022, the company launched Proteus, an autonomous mobile robot which quickly moves goods in a warehouse, and Cardinal, an AI-based robotic work cell that quickly sorts packages in a warehouse. In 2023, the company paired up Proteus and Cardinal in one of its fulfillment centers near Nashville, Tennessee, to test how they work in tandem on an outbound dock.

Reasons to Buy

Gain insights into Amazon's tech operations.
Gain insights into its tech strategies and innovation initiatives.
Gain insights into its technology themes under focus.
Gain insights into various product launches, partnerships, investments, and acquisition strategies.

Key Topics Covered:

Overview
Digital Transformation Strategy
Accelerators, Incubators, and Other Innovation Programs
Technology Focus
Technology Initiatives
Venture Arm: Alexa Fund
Investment
Acquisitions
Partnerships and Investment Network Map
ICT Budget and Contracts
Key Executives
Contact the Publisher

A selection of companies mentioned in this report includes

Meta
Visa
Pine Labs
BillDesk
Volvo
General Motors
Halfords
Cybic
Cashify
Inpher
Hopscotch
FreshToHome
M1xchange
Smallcase
Tado
Conservation Labs
Fiddler AI
Symbl.AI
Voiceflow
Preemadonna

For more information about this company profile visit https://www.researchandmarkets.com/r/5kn68q

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets