We use cookies on this website to provide a user experience that’s more tailored to you. By continuing to use the website, you are giving your consent to receive cookies on this site. Read more about our Cookie Policy and Privacy Policy.

I accept
Estonia
Hotline Contact Join Us
 Follow
< Back
Products & Services
Europe Solutions Networking Information Security Cloud Solutions Cloud Data Center Internet Services Managed Services
< Back
Solutions
Architecture, Engineering & Construction Automobile BFSI Logistics & Transportation Manufacturing Legal & Accounting Services Retail Healthcare
< Back
Technology & Services
Consulting Services Customer Services
< Back
About Us
Our Company Global Ecosystem Partners News Center Accreditation & Awards Careers
< Back
Resources Center
Product Leaflets New Offering Videos White Paper Success Stories Blog
< Back
Contact Us
Contact Us Regional Contacts Services Hotline

Home > Resources Center > Blog

2021-09-24

Data-driven Economy as the Future: Reforming Traditional Business

Data AnalyticsDigital Transformation

Data is becoming the engine of business growth alongside the global shift towards a data-driven economy, which transforms the traditional operation process across industries. Mr. Nick Marro, the Lead Analyst for Global Trade at the Economist Intelligence Unit (The EIU), commented at the executive luncheon held by CITIC Telecom CPC that this data-driven economy will continue to expand with the prevalence of online retailing and the wave of digital transformation, making data “transcendent”.

In addition to China’s active promotion of Big Data applications, the local tech-savvy consumers have also facilitated the technological adoption, enhancing economic reform. Back in 2019, the digital economy already accounted for one-third of China’s GDP, nearly reaching RMB 36 trillion. It is high time to realize the vital importance of data in paving the road to the future.

It then raises the question of how industries can use data to develop their core business. Introducing a data-driven solution, integrated with advanced technologies such as artificial intelligence (AI), may be the answer. It enables enterprises to raise production visibility, optimize their operation, and improve the quality of products and services. Based on data, they can identify new customer clusters and acquire their actual demand to study the trends. This not only helps to adjust their direction more promptly, but also allows monitoring their operational risks in order to prepare for potential disruptions in advance.

Illustrated by the manufacturing industry, traditional factories may have to shut down their production lines and incur financial losses facing equipment failure. Whereas data-driven solutions enable modern factories to monitor abnormalities and predict possible failure, so that vulnerabilities can be located earlier. With the help of data analysis, factories can then carry out preventive maintenance to maintain the stability of supply chains and business continuity.

ICT-MiiND Gives Enterprises a Head Start on Data

Digital adoption has increased significantly with the rapid technological development, thus generating massive data volumes. Enterprises are deploying data-driven solutions ahead of others to unleash the potential values, but at the same time they are also discouraged by the burdens and the impediments it may bring to their core business. CITIC Telecom CPC’s ICT-MiiND strategy advocates the in-depth application of Big Data, proactively analyzing massive data volumes with its robust capability. It helps enterprises to optimize their supply chains, keep pace with the market and raise their competitiveness.

CITIC Telecom CPC adheres to intelligent innovation and is committed to solving technical problems and your business challenges. Please feel free to contact our professional team to explore more about ICT-MiiND and get ready to be transformed into a data-driven enterprise.

< Previous

Back

Next >

Featured
What is Multi-Cloud Solution? Exploring Flexibility, Agility, and Cost Optimization for Enterprises
What is Multi-Cloud Solution? Exploring Flexibility, Agility, and Cost Optimization for Enterprises
Novotech Wins
Novotech Wins "2024 National Award for Outstanding Practice and Team in Pharmaceutical and Healthcare Digitalization" and Opens a Way for Pharmaceutical Globalization with its Digital Intelligence
【Security Matters】AI+ Cybersecurity: Unleashing Comprehensive Protection for Enterprise Assets
【Security Matters】AI+ Cybersecurity: Unleashing Comprehensive Protection for Enterprise Assets
【Intelligence Operation Journey】Realizing Smart Manufacturing Through Intelligent Technologies
【Intelligence Operation Journey】Realizing Smart Manufacturing Through Intelligent Technologies
Establish Cybersecurity Best Practices Against Insider Threats
Establish Cybersecurity Best Practices Against Insider Threats
Select Tags
Artificial Intelligence Data Analytics Cloud Computing Network Customer Experience Data Center Ecosystem Sustainability Information Security Intelligent Innovation SASE Blockchain SD-WAN Digital Transformation
Contact Us
Company Name:
Contact Name:
Title:
Contact Phone Number:

-

Email:
Remark

Please slide to verify

Products & Services
Europe Solutions Networking Information Security Cloud Solutions Cloud Data Center Internet Services Managed Services
Solutions
Architecture, Engineering & Construction Automobile BFSI Logistics & Transportation Manufacturing Legal & Accounting Services Retail Healthcare
Technology & Services
Consulting Services Customer Services
Resources Center
Product Leaflets New Offering Videos White Paper Success Stories Blog
About Us
Our Company Global Ecosystem Partners News Center Accreditation & Awards Careers
Contact Us

General Enquiry:
+372 622 33 99
Sales Hotline:
+372 622 33 60

Service Hotline +372 622 33 90

Contact Us

Follow Us

Sitemap Disclaimer Net Abuse Policy Privacy Notice Cookie Policy Accessibility Statement Terms & Conditions 中信集團品牌認證 | 中信雲賦能

Copyright © 中信國際電訊(信息技術)有限公司 CITIC Telecom International CPC Limited

Hotline
Contact
Join Us
Follow

Thank you for your enquiry.


We will contact you shortly.
Need help? Chat with CPC Chatbot
Supported browsers: Latest versions of IE11, Firefox, Chrome and Safari.
Terms & Conditions
Welcome to CITIC Telecom International CPC Limited. Your conversation with CPC Chatbot may be recorded for training, quality control and dispute handling purposes. By clicking “Continue” and using CPC Chatbot, you accept and agree to be bound by our Privacy Policy and give your consent to receive cookies on this site. Read more about our Cookie Policy and Privacy Policy.
Continue