The big data industry is an important direction for the innovative development and accelerated development of the digital economy. On November 25, the 2023 Global Digital Business Conference opened grandly in Shanghai. With the theme of "Connecting the World Digitally, Communicating the Future", the conference focuses on the planning and results of data elements promoting the development of the real economy in the era of digital economy. It is an industry-level summit in the field of data trading and an ecological grand event for the data element circulation market.
"Industrial data" is formed based on corporate operations and supply and demand relationships. It describes the industry as a whole and corporate operations and credit status. It is also a key element in promoting the digital transformation of the industry and the intelligent operation of society. At this conference, the Shanghai Data Exchange and Shanghai Hehe Information Technology Co., Ltd. (hehe Information for short) jointly held the theme forum of "Industrial Data Application and Circulation", and the Information Promotion Department of Shanghai Economic and Information Technology Commission (Big Data Division) Deputy Director Shandong Ming, and Huawei Cloud Global Ecosystem President Kang Ning attended the forum and delivered speeches.
During the forum, Shanghai Data Exchange and Hehe Information jointly launched the industry's first industrial data industry innovation center (referred to as the "Center").
Build an ecological center to help transform industrial data from "resources" to "value"
There are various types of industrial data with different dimensions, including macro data such as industry trend data, and meso data such as data related to industrial structure, space, and indicators. From a micro level, each industrial entity will generate its own unique data, and most of it is saved in the form of private domain, such as supply chain data, transaction data, bill data, performance data, production data, industrial data, etc.
Industrial data has a wide range of application needs in corporate industry insights, development trend analysis, financial service acquisition, supply chain management and other fields. It also provides an evaluation basis for relevant departments to formulate and implement industry support policies. However, due to the complexity of the industrial data technology stack, the large number of data resources, the mixed and scattered data resources, and the long circulation and transaction chains, for individuals in the industry chain, if they want to conveniently obtain high-quality industrial data and apply it effectively, they still need to clear up many obstacles. "Blocking point". The Industrial Data Industry Innovation Center emerged at the historic moment.
It is reported that the center is jointly operated by Shanghai Data Exchange and Hehe Information. By creating a new one-stop industrial data service link, building a new paradigm of on-site and off-site transaction integration, and exploring new cross-domain data integration projects, the center has three major innovative initiatives. Create a compliant, fair and credible data transaction order and digital business ecosystem to help transform industrial data from "resources" to "value".
Shanghai Data Exchange unveils the "Industrial Data Industry Innovation Center"
The picture shows Wei Zhilin (left), Secretary of the Party Branch and Deputy General Manager of Shanghai Digital Exchange, and Chen Qingshan (right), Director and Deputy General Manager of Hehe Information
Chen Qingshan, director and deputy general manager of Hehe Information, mentioned that the industrial data industry innovation center mainly has five major application advantages of "gathering, using, creating, simplifying, and multiplying": "gathering" - full-stack data collection and processing technology; "using" ——Diverse high-quality industrial data resources; “Creation”—enriching data product scenario solutions; “Easy”—smoothing online data transaction channels; “Multiplication”—achieving rapid appreciation of data asset capital.
Supply chain finance is a key area of industrial data application. The center focuses on launching the "Cross-domain Integration Platform for Supply Chain Data Elements" (referred to as the "Platform"), which brings together multi-source third-party data such as large group enterprise platforms, industrial Internet platforms, industrial enterprises, and industrial Internet platforms. Through the first domestically-based The innovative data transaction model formed by data space technology performs data fusion modeling, which not only meets the data needs related to industrial development and inclusive finance, but also helps digital merchants commercialize data more quickly.
Compared with the traditional supply chain data element circulation model, the platform has four major advantages. First, multi-source aggregation data is more complete; second, credit assessment information is more accurate; third, cross-regional complementarity is achieved, and supply chain node enterprises can Choose a more suitable bank according to individual needs; fourth, it can analyze the development of the entire industry chain and supply chain, provide guidance for decision-making, and realize and increase the value of data.
Hehe Information has many years of experience in commercial big data technology and applications and is one of the core technical supporters of the platform. Qixinbao's commercial big data products are based on more than 100 billion pieces of real-time dynamic commercial big data from 230 million enterprises and other organizations in the country, forming a series of basic data services, standardized services, and scenario-based solutions. They have been used in finance, manufacturing, government affairs, etc. Implemented in multiple industries.
Government, industry, academia and research parties work together to play the "big chess game" of industrial data
Under the wave of digitalization, data openness and sharing have become the focus of global attention. The theme forum "Industrial Data Application and Circulation" invited industry experts from governments, universities, financial institutions and enterprises such as Shanghai Jiao Tong University, Fudan University, Industrial and Commercial Bank of China, Dacheng Law Firm, CICC, etc. to focus on the innovation of industrial data applications and services. We will conduct in-depth sharing on topics such as ecological and industrial data element circulation.
Fang Qi, general manager of the Science and Technology Innovation Center of ICBC Shanghai Branch, said that ICBC attaches great importance to using data elements to drive the development of financial innovation. The application of data products is very valuable for continuously upgrading and improving comprehensive services, ecological scenarios, process channels and technological architecture, and providing enterprises with more comprehensive, more convenient and smarter services.
Qu Feng, senior partner of Dacheng Law Firm, director in Shanghai, and leader of the financial industry in China, mentioned that data elements are becoming an important factor of production. They are the foundation of the digital economy at a macro level and will also drive new economies, new industries, and new industries at a micro level. New model. To cultivate the data element market and increase its value, it is first necessary to determine the property rights of data element assets; secondly, it is necessary to establish legal safeguards for the transaction and circulation of data assets. With these two foundations, it can be extended to many aspects such as data mining and processing, business scenario applications, and data product design. At the same time, Qu Feng believes that the commercial application of data elements is inseparable from data trading venues, as well as data trading systems, exchanges, evaluations, flows, cross-border flows and other links.
The academic community is also actively thinking about the role of new technologies in the construction of data element circulation channels. "Restricted by privacy protection and data security, the value is difficult to quantify. The open data license agreement is immature. Data in education, travel, medical, finance and other fields can hardly be directly circulated. Industrial data also faces similar problems." Shanghai Jiao Tong University artificial intelligence Professor Jin Yaohui, chief engineer of the Intelligence Research Institute, said that using large models for data governance and data expansion can achieve a higher degree of freedom. Generative artificial intelligence brings more opportunities for data circulation, and is expected to provide the industry with more high-quality industrial data in the future. .
Wu Xiaole, professor and doctoral supervisor at Fudan University School of Management, shared data-based assessment methods for the resilience of industrial chains and supply chains. "Based on data analysis of the entire industry chain, we can gain insights into the supply relationships between enterprises and evaluate how to promote the replenishment, extension and strengthening of the industrial chain from the perspective of the supply chain." Wu Xiaole mentioned that data analysis can help in investment promotion. Promote the transformation of development momentum in areas such as attracting investment, promote industrial structural adjustment, and promote high-quality industrial development.
"The 100-billion-yuan blue ocean market for data elements has opened, and the value of each link in the industrial chain needs to be mined urgently." Yu Zhonghai, chief analyst and deputy general manager of the computer industry at CICC Research Department, said that from the perspective of the entire data transaction chain, the storage of data , analysis, and circulation links account for a large proportion. At present, the data element market has gone through the stage of establishing standards and benchmarking. In the future, it will promote industrial evolution and integration through platform empowerment and centralized operations to generate new business formats.
"Data product suppliers, business scenario data demanders, asset appraisers, operational data resources, and data product brokers are indispensable contributors. The center will be supported by the new data element infrastructure built by the Shanghai Data Exchange , forming the country's first innovative data transaction model based on trusted data space technology, and helping the country to play a good role in the 'strategic chess game' of data elements through excellent data aggregation capabilities, application innovation capabilities, and circulation and transaction capabilities." Chen Qingshan said, Together with Shanghai Data Exchange, Hehe Information will jointly develop the "blue ocean" of industrial data with ecological partners under the leadership of the "data aircraft carrier" of the Industrial Data Industry Innovation Center, and write a win-win road for the industrial ecology.