Nestlé S.A. - Enterprise Tech Ecosystem Series

Nestlé S.A. - Enterprise Tech Ecosystem Series

Summary

Nestlé S.A. (Nestlé) is a food and beverages company, offering more than 2,000 branded products across 190 countries. The company classifies its business operations into six reportable segments: Zone Americas (AMS); Zone Europe, the Middle East, and North Africa (EMENA); Zone Asia, Oceania, and sub-Saharan Africa (AOA); Nestlé Waters; Nestlé Nutrition; and Other Business.

The report provides information and insights into Nestle SA's activities, including -
- Insights of its digital transformation strategies
- Overview of technology initiatives covering strategic partnerships and investments
- Insights on each technology initiative including technology theme, objective, and benefits
- Details of estimated ICT budgets and major ICT contracts

Scope

- Digital Acceleration Team (DAT): Nestlé formed the DAT to drive innovation. DAT members work on strategic business ideas, often joining in hackathons and major problem-solving activities to allow experimentation and flexibility for better innovative ideas.
- Nestle is leveraging blockchain technology for supply chain traceability and transparency. In 2019, Nestle announced a blockchain technology pilot program in collaboration with OpenSC, to allow its consumers track the entire lifecycle of a product from farm to stores by scanning the QR code on the packaging using their smartphones.
- Nestlé has been taking measures to reorganize its global IT operations to accelerate its digital transformation. In 2018, Nestlé reorganized parts of its IT operations to benefit from its technology hub in Spain and other Nestlé locations, to gain access to digital tools and transform itself operations digitally.

Reasons to Buy

- Gain insights into Nestle SA's operations.
- Gain insights into its digital strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into various partnerships of Nestle SA.