Digital economy has not only subtly changed the lifestyle of the masses, but also changed the way enterprises operate. The most direct external manifestation is shared travel, mobile payment, food delivery services, etc. Those who have enjoyed the convenience will surely smile. Behind these convenience and speed is a powerful computing power, namely cloud computing.
As important as electricity, cloud computing is the cornerstone of the digital economy and the core of a new generation of information infrastructure. In the past, electricity consumption was used as a standard to measure the level of local economic development, and now the amount of cloud directly reflects the development progress of local digital economy.
On May 23, Tencent Research Institute and Tencent Cloud released the “Cloud use and Digital Economy Development Report 2018” at the 2018 Tencent “Cloud + Future” Summit. According to the report, in the second half of 2017, China’s total cloud use increased by 66.5% compared with the first half of the year, with an annualized growth rate of 133.1%. In 2018, the Q1 growth rate reached a new high, with a year-on-year growth of 138.6% compared with the same period last year. Domestic cloud computing services are in a period of full growth, and digital economy has become the core driving force of local economic growth.
Cloud computing is becoming a new engine of local digital economic growth
According to the Report on Cloud Usage and Digital Economy Development 2018, cloud usage is positively correlated with the scale of digital economy. The three regions with the highest cloud usage are Beijing, Guangzhou and Shanghai, accounting for 72.8% of the total cloud usage in China. The three first-tier cities also have the largest digital economy scale. At the same time, the report also pointed out that the provinces with the fastest growth in cloud usage in traditional industries also saw the fastest growth in digital economy.
The digital revolution has swept all walks of life. In order to gain a firm foothold in the information age, local traditional enterprises have actively or passively embarked on the digital road. However, due to the lack of sensitivity of traditional industries to all information things, the Internet technology foundation is weak, in the process of digitization will inevitably fall into one or more difficulties in the lack of experience and talent, lack of technical strength, the ability to integrate countless data.
There is a saying in Guo Degang’s crosstalk that “a tailor who does not want to be a cook is not a good driver”. Traditional enterprises are required to grasp business and digitalization at the same time. As a behind-the-scenes contributor to the growth of digital economy, cloud computing has contributed a lot to local traditional enterprises getting out of the digital dilemma in the process of continuous integration with traditional economy.
First, traditional enterprises need to invest a lot of manpower, material resources and financial resources in the process of independent digital transformation. Individual enterprises with tailored requirements put forward high requirements for services and technologies, and have to invest huge costs in the system construction in the early stage and operation and maintenance in the later stage. Not to mention that the revenue of most local enterprises and the fiscal revenue of local governments are limited, the blind investment of capital and human resources in the digitalization process will not solve the problem, and may even cause a waste of resources, such as a large number of idle resources after the peak.
However, when enterprises enter the cloud, they can transfer what they are not good at to those who are good at it by “sharing computing power”, just like renting office equipment. This not only greatly reduces the cost of server construction, but also meets the elastic computing demand, ensures the quality of service under different traffic flows, and effectively improves the efficiency of resource use.
More importantly, on the basis of the accumulation of a large number of customers, Tencent cloud and other giants, the marginal cost of cloud computing is also declining and gradually approaching 0, which can provide low-cost cloud service solutions that can meet the needs of traditional enterprises in various directions.
Second, in the era of digital economy, what needs to be processed is the long-accumulated data. However, traditional enterprises have the problems of inconsistent informatization degree, and the accumulation of a large amount of data but do not know how to use it, so as to make the data produce greater value.
Regardless of the industry, many enterprises use separate systems among departments, and data is not compatible with each other. To integrate these highly complex data, only more complex computing tools can be handed over, namely cloud computing. Only when cloud service providers collect and organize the scattered data, can they use the historical data to predict industry trends, optimize resource allocation, and improve production efficiency.
Third, due to lack of technology and talents, local traditional enterprises are not only unable to integrate data, but also unable to guarantee data security and system stability after digitalization. Servers with low security index are often turned into toys for hackers to try.
However, cloud service giants like Tencent Cloud are different. They have accumulated years of experience and serve hundreds of millions of users every day. They have experienced the test of extreme scenarios in data carrying capacity and stability, and are more capable of ensuring data security and stability. For example, in the 2017 League of Legends S7 Global Finals, the live audience exceeded 100 million and the broadband burst load exceeded 30T. Tencent cloud still ensured the peak traffic load.
Thus, cloud computing is an efficient, low-cost, safe and stable digital solution for traditional industries that can promote data flow. For the third and fourth tier cities whose economic growth depends on government and traditional industries, cloud computing is a new growth engine. Hainan, Shaanxi, Hebei and other provinces have actively embraced the Internet. When the demand increases, cloud service providers also begin to think about how to upgrade cloud service capabilities.
Tencent’s “super brain” launches to accelerate digital transformation of local economy
The integration of cloud computing and traditional economy has promoted the rapid development of local economy, while Tencent Cloud is also trying to integrate AI and big data with cloud computing, so that the depth and breadth of cloud services can be further extended. The “super brain” released at the “Cloud + Future” summit, through vertical and horizontal integration, will more efficiently solve the challenges faced by traditional industries in the process of digitalization, such as high technical threshold, talent shortage and large investment costs.
Vertical integration: The era of digital economy is digital and more intelligent. Not only the Internet industry, but also traditional industries have the pursuit of intelligent business, such as intelligent retail, intelligent venture capital and so on. These requirements are not isolated; there are some commonalities among enterprise pairs in each vertical industry, and a standardized solution in the same scenario will help speed up the digitization process and solve the problem of high input costs.
Tencent Cloud combines cutting-edge technology with vertical industry scenes, and has landed five industrial brains in cities, industry, retail, medical and finance. Through the intelligent matrix, artificial intelligence can be landed in a variety of scenarios, providing precise and standardized solutions for vertical industries.
For example, the city super Brain has greatly improved the data sharing ratio among provincial departments by integrating social security information and real estate information to meet the requirements of scenarioization and individuation of different institutions in the city, thus improving business efficiency. Shenzhen Public Security Minsheng police platform has saved 100 million yuan of service cost and 4.28 million hours of citizen service time through Tencent Cloud City Super Brain.
Horizontal integration: The competition of cloud computing not only focuses on technological innovation, but also focuses on how to combine technology and business efficiently. For traditional enterprises, they need complete solutions that can enhance the industrial chain, rather than services that can only meet individual needs. Take the retail industry as an example. Behind every retail giant is the synergy between the upstream and downstream of the industrial chain, but digitalization of a certain link cannot bring innovation.
Combined with the experience and tencent tencent cloud frontier technology of super brain to data through between upstream and downstream industry chain, promote the integration between industry and industry boundaries, make industry data is no longer a business innovation, so that the cloud computing within the scope of the largest of the integration of data, using data to predict trends, help the traditional enterprise transformation and upgrading. Tencent Miying, the first AI product applied to the medical field, is the best example. It has served nearly 400,000 patients and screened 37,000 high-risk lesions.
The digital economy era is a boundless business era. Tencent super Brain is expected to break down the data barrier of the industry, make different industries join hands, overturn the inherent model of the industry, create a new business model, and accelerate the digital transformation and upgrading of local economy in the next decade.
A digital revolution in local economies, driven by cloud computing, has begun
Driven by cloud service giants such as Tencent Cloud, the digital transformation of traditional industries in many parts of the country will be on a fast track. Tencent cloud has 8 years of business experience and 20 years of technical precipitation, plus the accumulation in vertical industry scenarios, can provide accurate solutions for traditional enterprises and secure and stable cloud computing services.
Only Tencent cloud and other cloud service giants can truly provide more comprehensive solutions for the digital transformation of traditional enterprises and deal with the high challenge of technology investment without talent shortage. At the same time, under the success of the existing four industry brains, Tencent cloud can replicate the results to more industries and vertical fields, and then create a real Internet of everything super brain, so that more traditional enterprises seeking digital benefits.
When Tencent cloud business modules become more and more rich, coupled with the huge traffic advantage, traditional enterprises will realize “processing big data in the cloud with artificial intelligence”, and focus more on business innovation and upgrading, so as to drive industrial development.
According to estimates by The China Academy of Information and Communications Technology, China’s digital economy has reached 27.2 trillion yuan in 2017, up 20.3% year on year, accounting for 32.9% of GDP. With the continuous growth of local digital economy, the proportion of digital economy in GDP will continue to rise.
More and more traditional enterprises are embarking on the road of digital transformation and upgrading. With the help of cloud service giants such as Tencent Cloud, the core competitiveness and commercial value of traditional enterprises will climb again. And local digital economy will also usher in new growth under the fusion of cloud computing and traditional economy. As the Cloud and Digital Economy Development Report 2018 shows, cloud computing is rapidly penetrating into smaller cities, and a local digital economy revolution driven by cloud computing has quietly begun.
Article/Liu Kuang public account, ID: Liukuang110