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Merck & Co., Inc. - Digital Transformation Strategies

Publisher GlobalData
Published Jun 30, 2023
Length 34 Pages
SKU # GBDT18067925

Description

Merck & Co., Inc. - Digital Transformation Strategies


Summary

Merck & Co., Inc. (Merck) is a multinational healthcare company engaged in the discovery, development, manufacture, and commercialization of prescription medicines, biological therapies, vaccines, and animal health products. The company has two operating segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products and vaccines as well as therapeutics and preventive agents. Its vaccine portfolio encompasses adult, adolescent, and pediatric vaccines. The Animal Health segment is engaged in the discovery, development, manufacture, and commercialization of veterinary pharmaceutical products and vaccines. It also offers health management services and solutions for the prevention, control, and treatment of diseases in livestock and companion animals.

The report provides information and insights into Merck's tech activities, including -
  • Insights of its digital transformation strategies and innovation programs
  • Overview of technology initiatives covering partnerships, product launches and acquisitions
  • Insights on each technology initiative including technology theme, objective, and benefits
  • Details of estimated ICT budgets and major ICT contracts
Scope
  • Merck is applying 3D printing technology across its business to drive innovation, lower operational cost, shorten turn-around times and ensure seamless operation of production facilities.
  • Merck is applying AI to simplify workflows and improve employee retention. The company uses AI assistants to help scientists accurately and efficiently annotate medical images.
  • Merck embarked on a cloud transformation journey to improve the delivery and innovation of life-saving products. The company partnered with HCL Tech to establish an application migration and modernization foundation on the AWS Cloud with DevSecOps model and continuous integration and continuous delivery (CI/CD) pipelines.
  • Merck uses IoT to track a shipment’s position, and its ambient environment, including light and temperature levels.
Reasons to Buy
  • Gain insights into Merck'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 and acquisition strategies.

Table of Contents

34 Pages
Overview
Digital Transformation Strategy
Accelerators, Incubators, and Other Innovation Programs
Technology Focus
Technology Initiatives
Venture Arm: Merck Global Health Innovation Fund (GHI)
Investment
Acquisitions
Partnership, Investment Network Map
ICT Budget and Contracts
Key Executives
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