The Epidemic Pushes China抯 Digital Economy Into the Fast Lane
After the outbreak of the Covid-19 pandemic, in countries endowed with better digital infrastructure, the demand for medical digitization has exploded, and the digital industry hence witnessed rapid development. Office automation software, for example, acquired many more users than usual. Within two months after its launch, Tencent Meeting抯 daily active accounts have exceeded 10 million.
In an interview with a Caijing reporter, Tang Daosheng, President of Tencent Cloud, said that he believes that online working and online study were originally intended to respond to the epidemic, but they will not disappear immediately. Everyone who uses it will be convinced that the new ways are more efficient and they represent the future. Some experienced professionals believe that the digital economy will bring us into a new era. The epidemic has also accelerated the digital transformation and upgrading of China抯 business models.
Chinese SaaS Software Developers Need to do More than Copy Competitors
This round of the epidemic has brought several companies success. In addition to China抯 online collaboration software, which has quickly succeeded, two other companies, Zoom and Slack, have also become popular. Since the outbreak of the pandemic, the market value of these two companies has risen by nearly 50 billion US dollars. The success of these two SaaS software companies make their Chinese counterparts envious. However, China抯 enterprise service market environment is quite different from that of the United States, and it is impossible to imitate the success model of American companies. The author believes that regardless of the size of a company, it should decisively embrace the enterprise collaboration platform. This not only helps the person in charge of the enterprise to improve the overall efficiency of the company, but also helps to improve the work efficiency and sense of belonging of the employees.
Being too anxious to become a platform company is the key reason why many SaaS software developers cannot achieve the market success they aspired to. It抯 like a product that doesn抰 have popularity, but its producer is still thinking about how to make money.
5G Network Will Be Essential to New Infrastructure Construction
The outbreak of the novel coronavirus epidemic has made China抯 economic development face unprecedented challenges. But behind the challenge also lies the opportunity for China to fully migrate to a digital society. In what way should the future investment be carried out? The government has already given the answer: New Infrastructure Construction.
Traditional infrastructure refers to engineering facilities that provide public services for social production and residents?lives, such as high-speed rail, highways, subways, etc. While the New Infrastructure Construction is often invisible, used to support and improve the operating efficiency of the digital economy, to reduce the operating costs of the digital economy, and ultimately facilitate the digital economy. 5G network is one of them which in the near future will become the digital link of the whole society and will also assist the decision makers.
Pandemic Accelerates Pace of Education Industry Digitization
At the beginning of 2020, the pandemic cancelled all courses in schools and training institutions across the country. Faced with such a crisis, an elite senior professional in the education industry described to a Caijing reporter: 揑t is necessary to urgently mobilize the resources and make urgent adjustments.?For a time, almost all of the training programs went online. Many educational institutions like New Oriental and Tomorrow Advancing Life issued a notice at the end of January to transfer all recent classroom courses online. Students in primary and secondary schools and even kindergarten children have been told to take online classes at home.
Whether it is traditional offline education or online education companies, they have been dragged into this unexpected and huge challenge by the epidemic. This reinvention of the digitalization of the education industry has come more violently than ever. In this tremendous change, the pace of industry digitization has accelerated.
