HD Hyundai Infracore - Digital Transformation Strategies

HD Hyundai Infracore - Digital Transformation Strategies

Summary

HD Hyundai Infracore (previously Doosan Infracore) is a manufacturer of construction equipment and engines. Its construction equipment includes excavators, wheel loaders, articulated dump trucks, compact equipment, portable power and attachments. The company manufactures diesel and gas engines such as generator diesel engine, off-highway and on-highway diesel engine, agricultural machinery diesel engine, marine diesel engine, power generation CNG engine, on-highway CNG engine and casting for buses, trucks, generators and vessels. The company markets its products under the brand names Doosan, Bobcat, Doosan Portable Power and Geith. The company operates in Asia, Europe, South America, North America, Middle East and Africa. The company replaced the DOOSAN brand on its construction equipment and introduced its new brand name as DEVELON.

The report provides information and insights into Hyundai Infracore'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

• Hyundai Infracore developed XiteCloud, a cloud-based smart construction platform which uses technology such as GPS tracking, machine learning, and telematics to monitor the location, usage, and performance of construction equipment in real-time.
• Hyundai Infracore is using digital twin technology to create virtual replicas of its construction equipment. This allows the company to test and optimize equipment performance and maintenance needs in a virtual environment.
• The company introduced a telematics fleet management system called DoosanCONNECT. It enables customers to remotely monitor and manage their equipment in real-time.
• Hyundai Infracore has been actively pursuing partnerships as part of their digital transformation strategy. It has partnered with companies that specialize in areas such as AI, IoT, and big data analytics to develop new technologies and solutions for their products and services to better serve their customers.

Reasons to Buy

• Gain insights into Hyundai Infracore'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.