On September 9, 2020 Tencent Global Digital Ecology Conference officially opened on the "cloud". As Tencent’s industrial Internet event with the highest specifications, the largest scale, and the widest coverage, it is also the first domestic industrial Internet industry summit since the epidemic. The theme of this conference is "Future Economy, Digital Priority" to fully interpret the new trends of the digital economy and show A panorama of Tencent's industrial Internet development.
Since the beginning of this year, the new crown pneumonia epidemic has continued to spread around the world, causing a significant reduction in economic and commercial activities. Correspondingly, digitalization has injected digital resilience into the economy and society, and emerging digital formats have exploded rapidly, playing an important role in economic reconnection and recovery.
Faced with a world where uncertainties continue to increase, Tencent advocates that “digital priority” should be taken as a new starting point for future strategic development, that is, to place digitalization from a partial and alternative position to an overall and preferred position, from data production to The whole process of circulation and value generation, rethinking, designing, and optimizing the entire social and economic system, and carrying out production and consumption activities through digital means.
Economists and industry leaders discuss new trends in the digital economy
"The epidemic has made us more clearly see that connectivity is the foundation of economic and social development, and data is becoming an indispensable factor of production. New infrastructure is not just an emergency, but a long-term plan." Chairman and Chief Executive of Tencent Executive Officer Ma Huateng said in a message to the conference that Tencent will work more closely with partners to find solutions for emerging application scenarios, and become a "digital assistant" for the transformation and upgrading of various industries, and jointly build an open, innovative and safe Digital ecology.
In recent years, Tencent has been working with its ecological partners to explore the road to digital upgrading of the industry. In many fields such as government affairs, retail, finance, transportation, manufacturing, education, and medical care, there have been many grounded practices and achievements. Faced with the characteristics of different industries, how should the digital strategy be implemented? How can digital technology continue to play its value? At the Future Economic Summit on September 10, Tang Daosheng, Senior Executive Vice President of Tencent and President of the Cloud and Smart Industry Group, shared Tencent's thinking from three aspects.
Tang Daosheng, Senior Executive Vice President of Tencent and President of Cloud and Smart Industry Group
He said that "efficiency is the key to business operations" and the purpose of the industrial Internet is to reduce costs and increase efficiency. To "digital" to "efficiency" is an inevitable choice for industrial reshaping. "Security is the foundation of industrial digitization." While industrial digitization creates great value, data security has become a fortress to protect value. In addition, “ecological co-construction is the only choice for industrial development.” In the industrial Internet, each industry has its own ecology. Tencent insists on being a “digital assistant”, integrating the ecosystem of each industry, and combining the capabilities of ecological partners to provide customers with The best products and services.
Speaking of the future of the digital economy and the industrial Internet, Jean Tirole, a world-renowned economist and winner of the Nobel Prize in Economics in 2014, pointed out: "The future of the digital economy is bright, and it is self-evident. Advances in new technologies such as artificial intelligence and blockchain have brought amazing new services, which appeared before the new crown epidemic and became more important after the epidemic. The digital economy makes social development more balanced and more sustainable, even if Residents in remote areas can also get online education and medical opportunities."
The digital economy demonstrates the resilience of the Chinese economy. Professor Bai Chongen, Dean of the School of Economics and Management of Tsinghua University, said in his speech at the conference: "The new business formats brought about by the digital economy will continue to grow in the future, which will play a beneficial role in promoting China's economic growth, and may even become a new engine for the further development of China's economy. "For example, in 2020, China's online education market will exceed 450 billion yuan; by 2026, my country's Internet medical market will exceed 200 billion yuan. In addition, there is a new format of the digital economy-industrial digital platform, including technology empowerment, information matching, transaction settlement, logistics distribution, financing services, etc., these new formats will become the most dynamic part of the economy.
In order to present the evolution of the digital China landscape, at the conference, Tencent Research Institute also released the "Digital China Index Report (2020)" in conjunction with Tencent Cloud. The report shows that the Digital China Index continues to maintain rapid growth in 2019. Among them, the 11 major urban agglomerations represented by the Pearl River Delta are the backbone of my country's digitalization process. In addition, the amount of cloud usage across the country has also achieved a growth of 118%. The amount of cloud usage in each month of the first half of the year was significantly higher than the same period last year, and the growth rate of traditional industries was particularly obvious. From an industry perspective, the cloud industries in each city are diverse, and among the top ten industries with growth rates, traditional industries occupy 8 seats, such as radio and television, cultural tourism and automobiles in the initial stage of cloud use, and the "cloud use" has increased significantly. The growth rate exceeded 400%. It is not difficult to see that digital technology is going deep into the physical field, helping the industry to achieve transformation and upgrading.
"Post-epidemic era" To B strategy upgrade, Tencent presents a panoramic view of the industrial Internet
September 9th marks the tenth anniversary of Tencent Cloud. From the initial "open platform" to the cloud and then to the industrial Internet, Tencent's To B business path has become clearer and the industrial ecosystem has grown stronger. At the Future Economic Summit on September 10, Tencent’s business leaders in the industrial Internet and consumer Internet fields all went online and disclosed Tencent’s strategic trends and business practice roadmap. Tencent’s industrial Internet development panorama, which is set out in ten years, will also be meeting. To be fully presented.
This year, due to the impact of the epidemic, global economic and commercial activities have undergone earth-shaking changes. The emergency response to the infrastructure of cloud vendors and the external service capabilities pose great challenges. On the other hand, the epidemic has also greatly increased the social "cloud use", accelerated the popularization of cloud services between governments and enterprises, and brought new industrial opportunities.
Qiu Yuepeng, vice president of Tencent and president of Tencent Cloud, said in the keynote speech at the summit that the future economy will present three trends: new infrastructure, new industries, and new cities. As the "new infrastructure" enters the outbreak period, it will further release the momentum of the digital economy. Qiu Yuepeng pointed out that unlike traditional infrastructure construction, the biggest change in the new infrastructure is the transition from hardware to software, and the value of SaaS-based enterprise services will increase. It has become more prominent; with new infrastructure as the foundation, the reform of "new industries" continues to create new economic growth engines; at the same time, as the largest and most typical scenario of future economic operations, the digitalization of "new cities" also continues to promote urban space , Governance and services have been further upgraded.
Facing the new ecology of private domain traffic, Lin Jinghua, Tencent's senior vice president, explained Tencent Smart Retail's new thinking and new layout of private domain traffic. In his view, private domain traffic is the traffic that the brand can operate independently, and it is also a brand-new business format that the brand develops independently, fully grasps the relationship with customers, and connects online and offline. Tencent Smart Retail is not only a digital assistant, but also a business growth partner for retail companies. In the past three years, Tencent has explored large-scale private domain business models including official mini-program malls, official shopping guides, and super communities to help retail companies realize digital product capabilities, digital product selection capabilities, operational process building capabilities, and corporate organizations The evolution of the four key capabilities.
Smart transportation is the main force of the new infrastructure. Zhong Xiangping, vice president of Tencent, believes that the huge value of the transportation industry upgrade can be summarized from three dimensions: help urban planning and management move towards refinement; help traffic dispatch and operate more efficiently; help people’s livelihood services and bring better travel experience . In the critical period of helping my country to move from a major transportation country to a transportation power country, Tencent hopes to continue to leverage its own technological advantages and work with industry chain partners to be a co-builder of smart travel.
The epidemic has further intensified market competition for corporate services. Huang Tieming, vice president of Tencent's WeChat business group, said that in the face of the stock market, companies are changing their thinking to deal with it—from the previous "traffic thinking" to "service thinking", and shifting the focus from expanding the source of new customers to operating with existing customers. During the epidemic, a large number of companies chose corporate WeChat as an online customer link. After the epidemic, the number of WeChat users of enterprise WeChat helping enterprises to serve has exceeded 250 million, and this number is still growing rapidly.
The digital economy poses new challenges to cloud security. Ding Ke, vice president of Tencent, pointed out in his speech that if the new infrastructure is compared to a "road" and the industrial Internet is compared to a "smart car", then safety should be the chassis of this car, which is to ensure the safe and stable driving of the "smart car" Premise. With the deepening of new infrastructure and cloud infrastructure construction, the focus of security has shifted, and cloud security has become the main battlefield for security. Going to the cloud is the "optimal solution" for security issues in the digital age. As a leader in industrial security, Tencent Security will continue to work with industry chain ecosystem partners to open up Tencent-level security capabilities and promote the realization of security inclusiveness.
To meet the wave of new digital infrastructure, all walks of life discuss digital economy transformation
In the wave of new digital infrastructure development, networking and intelligence have become important measures to help companies reduce costs and increase efficiency and shape their competitiveness. In the process of embracing digitalization, all walks of life have also accumulated rich experience and achievements. At the Future Economic Summit of this conference, a number of industry leaders had online dialogues and conducted in-depth discussions on the results of the digital transformation of the industry and how to achieve long-term development through digitalization.
Ren Weili, Chairman and Secretary of the Party Committee of State Grid Integrated Energy Service Group Co., Ltd., said that State Grid is actively using digitalization to extensively connect upstream and downstream resources and needs. In March of this year, State Grid proposed to build an internationally leading energy Internet company with Chinese characteristics, combining the energy revolution with the digital revolution, and promoting technological and management innovation. State Grid Comprehensive Energy Service Group puts into operation the smart energy management and control system on the Lingang campus of Shanghai Electric Power University, and builds photovoltaic, wind power, multiple types of energy storage, photovoltaic integrated charging stations (piles), solar plus air source heat pumps, and smart street lights for smart Regulating operations, the school's energy consumption is about 35% lower than that of a school of the same size.
In the critical period of the integration and development of new and old infrastructure, manufacturing, as the second industry of the national economy, is also seeking digital upgrades in this transformation. Li Junqi, chairman of Foxconn Industrial Internet Co., Ltd., pointed out that new infrastructure is a major policy that adapts to the current industrial development trend, and is also an effective measure to respond to the epidemic and stimulate the economy. In this context, Fulian Industrial has carried out a digital transformation of its production workshop in Shenzhen. After the transformation, the number of operators required in the workshop has changed from 318 to 38, thus realizing the digital control of the production process, and being controlled by the world. The Economic Forum is rated as "Lighthouse Factory", which has a strong demonstration effect that can be replicated, applied, and promoted.
Another leading company in the equipment manufacturing industry has also strengthened its competitive advantage through digital means. Wang Feng, Chairman and President of Shandong Linglong Tire Co., Ltd., said that the company’s intelligent tire manufacturing system driven by big data and AI has accelerated the intelligent construction of its branch factories, and fully integrated design and development, production, management, and logistics. As a result, various operating costs are reduced and the delivery speed is increased. For example, the new retail platform developed in cooperation with Tencent Cloud helped Linglong Tire to withstand the impact of the epidemic on sales. According to data from the National Bureau of Statistics, the sales volume of China's tire industry in the first half of this year fell by 12% year-on-year, but Linglong tires maintained a year-on-year growth of more than 50% from March to July this year.
The online education industry achieved bucking growth during the epidemic. After the outbreak, the penetration rate of online education has increased rapidly, and the advantages of digitalization have been fully demonstrated. Bai Yunfeng, the co-founder of Good Future Group and Chairman and President of Good Future Group, said bluntly that before and after the epidemic, the basic education industry was equivalent to entering two different "worlds", and the penetration rate and Internet access rate of online education have greatly increased. Through live broadcast and digital technology, after the epidemic, both inside and outside the school have been promoted and developed to complement each other. In Bai Yunfeng's view, from a long-term perspective, the development of online education will help improve the fairness and quality of education, and improve the urban-rural balance of advantageous educational resources.
In August of this year, Shell Looking for Housing was listed on the New York Stock Exchange, becoming China's "first share of residential service platform." Peng Yongdong, co-founder and CEO of Shell Search for Real Estate, said frankly that in the past six months, the residential service industry has actually completed the road of digitalization that may have taken two years, and one of the core goals of digitalization of the service industry is consumer experience. Important reasons for Shell's online VR sales department, online signing, and online loan signing. The use of technology to move the house into the digital world can not only realize the interaction between the house, the customer and the broker, but also break the barriers and restrictions of the epidemic, and save time and cost. The future will also include the renovation of the home space and a substantial increase. Service efficiency.
"The epidemic has indeed accelerated the development of digitalization in various fields, which is inseparable from the digital foundation accumulated by various industries over the years." Tang Daosheng concluded. As the vanguard of new infrastructure, Tencent's core tasks and future plans are also the focus of the industry in the process of helping various industries to upgrade their digitalization. Tang Daosheng summed up Tencent's core tasks at this stage into three "powers": insight, product power, and organizational power, which are also essential basic capabilities for an excellent company.
Specifically, insight is the ability to understand the key aspects of the industry and provide effective solutions around the pain points of the scene. Product power is the ability to solve problems, helping customers create agile and easy-to-use products. For example, this year’s epidemic has led to a sharp increase in the demand for online meetings. Tencent’s meeting has expanded to 100,000 cloud hosts and 1 million core computing resources within 8 days. It also builds cloud meetings for different scenarios based on the original API capabilities. At the same time, the new environment will give new tasks, which requires efficient internal coordination and organization to maintain business execution and development, and also requires a combination of digital technology to maximize the value of the team. Therefore, companies also need to have the organizational ability to adapt to market changes efficiently and quickly.
The use and effectiveness of digital capabilities in all walks of life show that China's digital economy has made great progress. However, if you want to drive the entire Chinese industry to continue to promote the process of digitalization, networking, and intelligence, you still need to work with partners to build an ecosystem. In order to quickly adapt to the wave of digital development.