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Maximising Data to Drive Digital Transformation in China

Digital transformation is a journey that requires continuous leadership, strategic vision, and a commitment to change. It involves transforming the entire organisation’s culture, processes, and methods of working to embrace the digital era and maintain a competitive edge in a rapidly changing business environment.

The Central Committee of the Chinese Communist Party and the State Council issued “Opinions on Building a Data Basic System to Better Play the Role of Data Elements” in December 2022. Data elements are a crucial indicator for driving digital transformation, and maximising the value of digital elements during the digital transformation process has become a central concern.

With this, the China Academy of Information and Communications Technology’s (CAICT) foundation plan is in its early stages and is focused on digital transformation supply. This is to help the growth of industries related to digital transformation, speed up the development of the data factor market, and make the most of the important value of data as a production factor.

In addition, the “Panorama of High-Quality Digital Transformation Products and Services (2023)” collection was recently released and has gotten a lot of attention and involvement from the industry. At the moment, more than 200 businesses have taken part in work linked to this.

On the other hand, the CAICT foundation plan officially launched the collection of “typical cases” of high-quality digital transformation in 2023. This was done to give digital suppliers and buyers more information about best practices and benchmarking. “Typical Cases,” asks both the supply side and the demand side of digital change for examples of good ways to use digital technology or methods. Changes in the way and means of running the country.

For this set of “typical cases,” applicants must fill out the 2023 Application Form for High-quality Digital Transformation Typical Cases of the CAICT’s foundation programme. This form asks for basic information about the lead applicant, the declared products, and the basic results. The first group of shortlisted cases will be announced at the Digital Transformation Conference in July 2023, while the shortlisted cases for the whole year will be announced at the annual meeting at the end of December 2023.

Further, China’s digital transformation has seen stunning progress and has emerged as a significant strategic objective for the country. The nation has emerged as a global leader in digital innovation and adoption due to its large population, technological developments, and strong government support.

Also, the government’s active engagement in defining the digital landscape is one of the primary drivers of digital transformation in China. The Chinese government has put in place several laws and measures to encourage digitalisation across industries.

China’s digital transition is also being powered by the country’s flourishing tech industry. Several IT titans have pioneered breakthrough digital solutions and services in the country. E-commerce, mobile payments, and social media platforms have grown rapidly, changing customer behaviour and enabling new business models.

China has made tremendous advances in emerging technologies such as artificial intelligence (AI), big data analytics, and cloud computing. These technologies are being used to optimise operations, improve efficiency, and improve decision-making across industries such as healthcare, finance, manufacturing, and transportation.

China’s economy, society, and way of life have all been revolutionised by the advent of digital technology. It has sparked innovation, raised productivity, and increased China’s businesses’ overall competitiveness on a national and international scale.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.