Digital tech to ease funding woes of small firms
4 years, 7 months ago

Digital tech to ease funding woes of small firms

China Daily  

Digital technologies can play a bigger role in helping small and medium-sized enterprises raise funds, and more efforts are needed to encourage companies to upgrade themselves by embracing cutting-edge technologies, a national legislator said. Industrial internet development will help companies alleviate their digital anxiety, motivate traditional enterprises to upgrade themselves and expedite their push for digital transformation, Sun said. Sun said more efforts are needed to cultivate talents for the research and development of industrial software, so as to push industrial internet onto the next stage of growth. According to him, industrial internet is a focus in Inspur's strategy and it aims to better help companies' digitalization efforts by leveraging advanced manufacturing capabilities, cloud computing platforms and abundant industrial experience.

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Tech investments by manufacturing firms likely to rise, CII report says
1 week, 4 days ago

Tech investments by manufacturing firms likely to rise, CII report says

Live Mint  

New Delhi: Manufacturing companies are likely to ramp up investments into technology integration to 11-15% of their overall budget in the next two years, compared with the existing 10%, a report by the Confederation of Indian Industries showed. Capital-intensive industries like semiconductors, aerospace, and automotive are leading the charge in adopting these technologies, the report said, while traditional industries like …

China's digital economy lead set to drive world growth
1 year, 5 months ago

China's digital economy lead set to drive world growth

China Daily  

A visitor experiences Gongti Metaverse livestreaming during the Global Digital Economy Conference 2023 in Beijing on July 5. DU JIANPO/FOR CHINA DAILY Emerging tech, industrial transition to boost modernization, competitive edge Emerging technologies such as the internet of things and the booming digital economy, where China is leading, will create new growth drivers for the world amid a challenging global …

Change is an invitation for innovation
1 year, 11 months ago

Change is an invitation for innovation

The Independent  

BMC Software is a Business Reporter client Massive changes are impacting every industry – and opening up opportunities. With digital transformation plans, business leaders do not have to sit idly by as new market entrants disrupt their business, or new external forces in labour markets, from pandemics, or any number of things threaten the future of the enterprise. Today, those …

Interview | Pandemic accelerated global digitization: Rajesh Nambiar
2 years, 8 months ago

Interview | Pandemic accelerated global digitization: Rajesh Nambiar

Deccan Chronicle  

As the Chairman of Cognizant India, Rajesh Nambiar, is one of India’s top technology industry leaders, and leads India’s associates and enhances relationships with the government and key policy-making bodies. Cognizant has over 2,40,000 employees across twelve locations, based here out of its global workforce of over 3,40,000 employees, the largest ever, besides serving as the president of Cognizant’s digital …

Manufacturers embrace the digital economy
2 years, 8 months ago

Manufacturers embrace the digital economy

China Daily  

A visitor tries her hand on a driving simulator using digital technologies at the recent 2021 CIFTIS in Beijing. Effective measure Liu Qingfeng, chairman of iFlytek, a front-runner in the intelligent speech and AI industry, said new infrastructure projects such as 5G networks and data centers are crucial for developing the digital economy. "Digital transformation will also bring new opportunities …

Manufacturers embrace the digital economy
2 years, 8 months ago

Manufacturers embrace the digital economy

China Daily  

A worker displays smart monitoring equipment at the expo on June 24. Haier's digitalization drive offers a glimpse of how Chinese manufacturers, especially those in traditional industries, are embracing the digital economy, which is mainly represented by emerging information technologies and has become a key engine driving economic growth. Experts said the nation's greater emphasis on the sound development of …

High-tech to further boost automation in traditional industries
3 years, 1 month ago

High-tech to further boost automation in traditional industries

China Daily  

Geely employees work on an automated assembly line at the company's plant in Huzhou, Zhejiang province, in August. TAN YUNFENG/FOR CHINA DAILY China's call to advance the sound growth of the digital economy, including the industrial internet, will drive the digital transformation of manufacturing sectors for higher-quality growth, industry insiders and company executives said. To meet its needs, Yao said …

Shandong promotes industrial internet upgrading
3 years, 6 months ago

Shandong promotes industrial internet upgrading

China Daily  

Shandong province in East China has been promoting the upgrading of industrial internet platforms and the boosting of collaboration with national-level platforms to further its digital transformation, local media reported. An intelligent factory of Haier Group is powered by COSMOPlat The industrial internet refers to a network of combined, advanced machines with internet-connected sensors that collect and analyze data from …

Innovations help separate outperformers from laggards
3 years, 7 months ago

Innovations help separate outperformers from laggards

China Daily  

As the COVID-19 pandemic accelerates digital transformation, businesses need to embrace technologies including artificial intelligence to match consumer expectations, increase core efficiencies and differentiate themselves, said Alain Benichou, CEO of IBM Greater China Group. "During the pandemic, the pace accelerated as companies packed many years of digital transformation into a much shorter time frame," Benichou said. Kitty Fok, managing director …

Digital tech spurs real economy
3 years, 9 months ago

Digital tech spurs real economy

China Daily  

Cameras are used to monitor the growth of tea plants at a 5G-enabled smart tea farm in Fu'an city, East China's Fujian province, on Dec 31. Sustained efforts help firms take the high-quality development path FUZHOU－In addition to using cash and digital payment platforms such as Alipay and WeChat Pay, participants at the fourth Digital China Summit have another payment …

Haier's industrial internet transforming firms
3 years, 9 months ago

Haier's industrial internet transforming firms

China Daily  

Employees work on the washing machine production line of Haier Group in Qingdao, East China's Shandong province, on Feb 27. Behind the company's transformation from large-scale manufacturing to mass customization and production is part of Chinese home appliance giant Haier Group's broader efforts to leverage the industrial internet to help companies across the world drive digital transformation. "China should build …

Industrial internet in China enters fast lane
4 years, 3 months ago

Industrial internet in China enters fast lane

China Daily  

70 such platforms nurtured with applications covering 30 sectors China is embracing new growth momentum in the industrial internet, as the country strives to gain a beachhead in the next generation of industrial development globally, the top industry regulator, government officials and experts said on Sunday. Sui said that China has already nurtured over 70 industrial internet platforms that have …

Nation to promote digital upgrade
4 years, 6 months ago

Nation to promote digital upgrade

China Daily  

A child interacts with an intelligent robot during the 2019 Smart China Expo in Southwest China's Chongqing municipality, on Aug 27, 2019. China is actively accelerating the integrated development of next-generation information technology and manufacturing, in a bid to further promote digital transformation and foster high-quality development. Experts said the integration of the two sectors will help accelerate the comprehensive …

Shandong to bolster development of industrial internet
4 years, 7 months ago

Shandong to bolster development of industrial internet

China Daily  

East China's Shandong province held a seminar on June 8 to discuss the deployment and development of industrial internet in the province. Zhang Ruimin, chief executive officer of Haier Group, and Zhou Yunjie, the group's president, gave presentations on Haier's exploration and practices in industrial internet development. Zhang said that industrial internet platforms should be utilized to empower more enterprises …

Shandong to bolster development of industrial internet
4 years, 7 months ago

Shandong to bolster development of industrial internet

China Daily  

East China's Shandong province held a seminar on June 8 to discuss the deployment and development of industrial internet in the province. Zhang Ruimin, chief executive officer of Haier Group, and Zhou Yunjie, the group's president, gave presentations on Haier's exploration and practices in industrial internet development. Zhang said that industrial internet platforms should be utilized to empower more enterprises …

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