Inter IKEA Holding B.V - Digital Transformation Strategies

Inter IKEA Holding B.V - Digital Transformation Strategies

Summary

Inter IKEA Holding B.V. (Inter IKEA Holding) is the holding company of the Inter IKEA Group (IKEA Group). Inter IKEA Holding is the group of companies which connects suppliers and range development partners with IKEA franchisees and aligns the overall IKEA strategic direction. IKEA Group has three core businesses - Franchise, Range and Supply. The Franchise business comprises Inter IKEA Systems B.V. and its subsidiary companies. Inter IKEA Systems B.V. is the global IKEA franchisor. It also owns IKEA Concept and brand. The Range business comprises IKEA of Sweden AB and its subsidiary companies. IKEA of Sweden AB maintains, improves and develops the IKEA product portfolio, which includes home furnishings and food. The Supply business comprises IKEA Industry AB, IKEA Supply AG, and their subsidiary companies. IKEA Supply sources, supplies, sells and distributes IKEA products. IKEA Industry AB, which is integrated with the Supply business, manufactures IKEA branded products. The IKEA home furnishings product portfolio comprises bedroom, living room, kitchen, bathroom, outdoor, workspace, dining, and hallway furniture, among others. IKEA also retails food products and operates restaurants within its stores. The company is using several emerging technologies such as AI, ML, big data, and blockchain among others, has launched technology centers and research and innovation labs, and is partnering, investing and acquiring digital companies to develop innovative products and offer superior customer service.

This report provides insight into IKEA's digital technology activities, including its digital transformation strategies, its accelerators, incubators, training, and other innovation programs, its technology initiatives, venture arm, investments, acquistions and its estimated ICT budget.

Scope

• IKEA is focusing on a variety of emerging technologies, including AI, machine learning (ML), virtual reality (VR), augmented reality (AR), big data, advanced materials, blockchain, cloud, drones, robotics, online payments and IoT to improve customer service, day-to-day business operations, gain customer loyalty, and develop innovative products.

• Gain insights into IKEA's digital transformation strategies.
• Gain insights into its technology themes under focus.
• Gain insights into its various product launches, partnerships, investments, and acquisitions.