In recent years, the digitization of the global industrial chain has accelerated significantly, and more and more countries and multinational companies regard the digital economy as an important engine for future economic growth and enterprise development.
On June 21, 2022, the China Business Finance Summit Dialogue of the 3rd MNC Leaders Qingdao Summit was held in Qingdao. The Summit Dialogue brings together leaders, managers and industry scholars of many multinational corporations in a way of combining offline and online to conduct in-depth exchanges on the theme of "the wave of digital economy, the time for enterprise transformation", to discuss the digital and intelligent transformation of multinational corporations. road, and its opportunities and challenges.
Meng Pu, Chairman of Qualcomm China, Zhou Bing, Global Vice President of Dell Technologies, Dai Pu, Co-President of Roland Berger Global Management Committee, Wu Zhenzhang, Managing Director of Adobe Greater China, and JPMorgan Chase Bank (China) Co., Ltd. Shanghai Branch President Yu Bing attended this summit dialogue and gave keynote speeches on topics related to digital transformation.
In the subsequent roundtable discussion session, Yu Feng, President of Honeywell (China) Co., Ltd., Hao Jian, Executive President of Hexagon Manufacturing Intelligence Greater China, Yuan Yituo, General Manager of Microsoft Enterprise Commercial Division China, Philips Greater China Han Dong, Director of District Government Affairs, and Xu Zhengchuan, Deputy Director of the Smart City Research Center of Fudan University, had heated discussions on "how the digital transformation of multinational companies can improve market competitiveness" and "how to solve the pain points of the current digital transformation of enterprises".
Meng Pu, chairman of Qualcomm China, said in his speech that relying on the advantages of high throughput, low latency, large capacity and high reliability, 5G has become the core technical element of the digital transformation of the industry. Under the guidance of the "moderately advanced" policy, China's 5G commercial deployment and development have achieved remarkable results. As one of the fundamental elements of the digital economy, 5G will power more enterprise and industrial use cases, such as new terminal forms in the "metaverse" category such as the Industrial Internet, intelligent connected vehicles, smart medical care, and virtual reality (VR).
Meng Pu said: "Under the empowerment of 5G, hundreds of millions of devices and infrastructure are becoming increasingly intelligent and connected with each other at high speed. We will enter a new era of vitality, in which the physical world and the digital world will have no Through the integration of seams, people's production and life will undergo great changes, creating broad opportunities for cooperation and opening up for the industry."
Zhou Bing, global vice president of Dell Technologies Group, believes that since the outbreak of the epidemic, the development of the global digital economy has accelerated significantly, and data has become the fifth largest factor of production after land, labor, capital and technology. In order to win the next decade in the tide of the digital economy, future enterprises should become digital leaders with leadership in four aspects: agile productivity, unbounded innovation, perceived service, and multi-dimensional vitality.
Dai Pu, Co-President of Roland Berger Global Management Committee, said that China is boosting the process of industrial modernization and building innovation-driven productivity as the core competitiveness for future development. Digitalization is a powerful tool for China to build a new type of competitiveness, which can empower all aspects of economic development. Digitalization is of great significance for the enhancement of corporate value, industry transformation, urban development, and the achievement of the goal of "carbon neutrality". However, digital implementation is extremely challenging, so planning digital projects should focus on input and output to form a complete solution.
Wu Zhenzhang, managing director of Adobe Greater China, said that in the past two years, the digital way of life, work and business has become the new normal, and the digital economy market at home and abroad has broad prospects. How can we seize the opportunities in the next stage of the digital economy? Adobe believes that the opportunity lies in the development of "personalization", where consumers expect brands to understand their needs and proactively provide personalized services accordingly. Businesses need to be able to deliver personalized experiences quickly, in real-time, and at scale, with a focus on customer preferences and privacy. In addition, as a multinational enterprise, it is necessary to not only integrate into the local ecosystem, but also focus on global consistency.
Yu Bing, President of JPMorgan Chase Bank (China) Co., Ltd. Shanghai Branch, said in his speech that China has formed the world's largest and most active digital service market. Digitization has become one of the main trends in the financial industry, and the epidemic has accelerated the process of digitizing and intelligentizing financial services. Financial institutions are investing more in technology transformation to stay ahead of the market. This includes not only the exploration of technologies such as big data, but also, on the premise of ensuring compliance and security, allowing digitalization to cover the entire process, the entire department, and the entire ecosystem, thereby promoting digital business transformation and product innovation in banks.
In the roundtable discussion, Yuan Yituo, general manager of Microsoft's Enterprise Commercial Division in China, believed that successful digital transformation first requires organizational culture to support transformation and change, second, transformation organizations need to clearly define transformation needs, and third, transformation should be " Run in small steps", adopting a mode of rapid iteration and rapid deviation correction.
Hao Jian, Executive President of Hexagon Manufacturing Intelligence Greater China, said that in the process of digital transformation, each enterprise should stand in its own perspective, consider its own business model, production model and the current shortcomings, and not digitize for the sake of digitization. Yu Feng, President of Honeywell (China) Co., Ltd., also believes that digitalization must lay a foundation for the long-term development of enterprises, bring economic benefits to customers, and bring returns to investors and shareholders. Han Dong, Director of Government Affairs of Philips Greater China, took the medical industry as an example, saying that the key to successful digital transformation is to have Chinese wisdom, excellent product quality, reliable employees, overall solutions and the spirit of collaboration and win-win.
Xu Zhengchuan, deputy director of the Smart City Research Center of Fudan University, said that digital transformation technology has made collaboration between enterprises easier. Digital transformation is not just a "game for big companies", it is good news for small and medium-sized enterprises, not bad news. Co-innovation with value Through the production mechanism, small and medium-sized enterprises can more easily join the ecological chain.
