Global economic interdependence is increasing, technological progress is accelerating, and market competition is becoming increasingly fierce... These factors have jointly created a business environment that is complex, volatile, and highly uncertain. In today's changing economic landscape and constant market fluctuations, many companies are faced with the challenges and opportunities of how to use massive data to empower business decisions. The demand for effective data asset management and intelligent decision support is also growing.
In addition, recently, in order to standardize the accounting treatment related to enterprise data resources and strengthen the disclosure of relevant accounting information, the Ministry of Finance officially released the "Interim Provisions on Accounting Treatment Related to Enterprise Data Resources", which will be implemented from January 1, 2024. The key value of incorporating data resources into tables is that in the future, the company's data will no longer be simply presented as a single number, but will be regarded as an important asset and reflected in the financial statements.
In this context, companies need to embrace a broader perspective and a higher-level way of thinking. However, at present, many enterprises are only "digitalized" for the sake of "digitalization", and have failed to truly transform data into valuable business creation chains. It cannot help itself achieve long-term development and form a lasting competitive moat. Therefore, digitalization should become a driving force for methodology and organizational culture change, integrate digitalization into the DNA of enterprise development, and provide enterprises with in-depth value insight and intelligent decision support.
As an enterprise digital service unicorn selected by the Ministry of Science and Technology, Baiwang Cloud is based on the digital management needs of enterprise customers and relies on its unique technical advantages and market insights to promote the construction of an "industrial chain map" to help enterprises enhance their understanding of the industrial chain. Cognition, supporting intelligent decision-making, leads the new trend of digital transformation of enterprises, so as to stand out in the fiercely competitive market environment.
So, how does Baiwang Cloud revitalize trillions of digital assets? How does it help enterprises obtain more key information to support decision-making? Let us enter the "world" of Baiwangyun's industrial chain map and explore its core values and innovations.
Mining high-value digital assets to enter the trillion-level digital economy
To put it simply, we can think of Baiwangyun's industrial chain map as a network. This network will closely connect the relationships between the industrial chain-commodities-enterprises and form a unique business ecological map.
So why does Baiwangyun have such power? It all comes from one word - "ticket".
As a unique data asset, invoices have unique data characteristics. Invoices are important documents for commercial transactions and carry true records of economic activities. Their credibility and reliability are unparalleled in the economic field. This is not fully reflected in the current Internet platforms of various industries in China. This is also the core competitive advantage of Baiwangyun.
Having been deeply involved in the industry for 8 years, Baiwang Cloud provides governments, enterprises and public organizations with digital solutions such as bill compliance control, smart financial and taxation services, digital financial supply chain, and data technology services. It has served a total of 2,000+ group enterprises with tens of millions of assets. Medium-sized enterprise customers, 17 million non-paying users, have the most complete large customer product matrix and full industry chain service experience.
At this point, Baiwangyun’s digital capabilities have moved from quantitative changes to qualitative changes.
Based on more than 10 million tax-paying enterprises, numerous exclusive industry classifications, massive product labels, and hundreds of industrial chains, Baiwang Cloud is able to apply advanced AI algorithm capabilities such as NLP, knowledge graphs, and neural networks on the premise of understanding customer business to achieve In order to conduct in-depth mining and analysis of each transaction, hundreds of industry chain knowledge maps were quickly constructed from bottom to top.
Each invoice can become a building block of the underlying transaction knowledge map, positioning the company's role in the industry chain through the traded goods, and showing the supply and demand relationship between the company and the upstream and downstream. By digging deep into the decision-making capabilities of high-value digital assets such as invoices, receipts, and business vouchers, Baiwang Cloud helps corporate customers clarify the logical nature of massive data, form a cross-industry industrial chain knowledge graph, and provide product recommendations, supply chain sourcing, and credit Key information such as scores and evaluation reports.
For example, in this chain, you can not only see the real-time operating conditions of your company and its subsidiaries, but also see the industry panorama, thereby helping companies solve the core issues they are most concerned about, including how to reduce procurement costs and how to Understanding the dealer network, familiarity with product sales and market share... This helps companies grasp the entire industry ecology, discover new business opportunities and partners, achieve better strategic planning and business development, and ultimately boost performance growth. .
As we all know, the industrial chain is a dynamic system that continues to evolve with changes in the market environment and corporate strategies. Baiwang Cloud's industrial chain knowledge map can update data and analysis results in real time, providing enterprises with timely feedback and guidance. This helps companies maintain a keen sense of the market, adjust strategies in a timely manner and seize changing opportunities.
Of course, credibility and security are the core of the digital ecosystem. While using information technology to provide high-quality services to the public, ensuring the credibility and security of information is always the top priority of Baiwang Cloud. The use of all data has undergone strict authorization procedures and complete desensitization. At the same time, Baiwang Cloud is actively deploying in innovative fields such as privacy computing, and has launched a digital bill privacy computing platform. Through technologies such as multi-party secure computing, federated learning, and differential privacy, real-time data computing and Joint application, while protecting user privacy and digital security, meets the rapid connection between enterprises and ecological partners, and provides strong support for enterprises to comply with the application of invoice data.
Keeping abreast of economic trends helps companies maintain keen market awareness
With a forward-looking vision, Baiwang Cloud breaks the shackles of traditional industrial chain analysis and provides users with all-round and multi-dimensional insight and cognition. Combined with the actual needs of customers and market trends, Baiwang Cloud has established a special theme analysis capability that adapts to customers, condenses massive data into intuitive business relationships, and helps enterprises quickly generate decisions. This intuitive correlation display helps enterprises fully understand their position and influence in the industry chain, and provides a strong reference for business decision-making.
It is worth mentioning that this map not only simply presents the structure of the industry in which the company is located, but more importantly, it places core companies in the context of a comprehensive market structure through multi-dimensional analysis such as macro perspective, regional perspective, and industry perspective. and avoid falling into the misunderstanding of blind decision-making.
From the macro perspective of the industry, Baiwangyun's industry chain map provides a number of important indicators to help users understand the economic dynamics. Among them, the "Industrial Chain Prosperity Index" is calculated based on invoicing data, which reflects the comparison of monthly transaction volume growth rates of enterprises in the industrial chain on corresponding commodities. The trend of the index can intuitively reflect the prosperity of the industrial chain and provide users with important economic reference.
In addition, the monthly transaction index and the number of selling companies are also key indicators provided by the industry chain map, which respectively display the monthly transactions of industry chain companies and the number of invoicing companies that actually have transactions. These indicators can be refined to the provincial level, support the comparative display of different industrial chains, and help customers gain an in-depth understanding of the economic conditions of various regions and industries.
From the perspective of scenario implementation, Baiwang Cloud's industrial chain map has significant advantages in serving bank customers. First of all, it can quickly screen out companies that meet the bank's customer acquisition requirements and government policy support, recommend targeted companies for bank customers, and help banks efficiently and accurately locate potential customers and improve customer acquisition results. Secondly, the industrial chain map is based on the positioning and evaluation of the industrial chain and enterprises, and can provide enterprise risk early warning services. By understanding the current risk profile of customers, banks can quickly find high-conversion, low-risk customers, effectively manage risks and improve business quality. In addition, the industry chain map can also identify transaction related circles, help banks manage risk, identify companies in transaction related circles and give early warnings, thereby reducing the risk of adverse selection caused by information asymmetry.
Industrial revitalization is a key link in promoting economic development. Baiwang Cloud joins hands with the government and customers in industrial parks to dig out clues for investment promotion, discover companies with investment and expansion intentions in advance, and output relevant lists. This provides important support for the government and industrial parks to improve investment efficiency and discover more valuable enterprises. At the same time, the industrial chain map can provide an overview of the industry situation, monitor the development of emerging industries, fully understand the ecology, type structure and regional distribution of target industries, and help formulate strategic planning and policy support for industrial development. Most importantly, the industrial chain map can also carry out the chain extension planning of the industrial chain. By locating strong chains, finding extended chains, and making up for missing chains, the government and industrial parks can better promote the upgrading and expansion of industrial chains, promote economic development and enhance regional competitiveness.
In addition, Baiwang Cloud's industrial chain map is highly scalable and flexible and can be applied to enterprises of different industries and sizes to meet business scenarios of various complexity. Whether it is manufacturing, retail or logistics, it can provide comprehensive and in-depth industry chain insights and decision support.
Under the current wave of digital transformation, enterprises must always keep their finger on the pulse of information. Baiwangyun's industrial chain map is like a lighthouse standing in the vast ocean of business, providing unprecedented guidance and insights for enterprises. It is not only a data asset management tool, but also a smart business barometer. In the future, Baiwang Cloud, which leads the digital transformation of enterprises, will continue to innovate itself as a leader in the industry, strive to be a practitioner of digital business, and help enterprises reconstruct their value in the ever-changing business environment.