Digital Transformation: A Path to Economic and Societal ValueDigital transformationBusiness ValueSocietal ValueDigital transformation can enable the creation of substantial business and societal value. However, it entails more than simply the use and application of technSocial Science Electronic Publishing...
The acceleration of the digital transformation process to increase economic performance and ensure sustainability has garnered the attention of large management consulting companies (Accenture Strategy and GeSI, 2021; Deloitte GeSI, 2019) and intergovernmental bodies (European Commission, 2020; United Nations...
Microservices, by virtue of offering a well-structured way to engage and integrate with the world at large in scalable, digital terms, now appear to hold the answer to enabling faster digital transformation, lowering our levels of of tight coupling and technical debt, and substantially increasing ...
growth, jobs, and prosperity, McKinsey Global Institute, May 2011. The surveyed businesses were in 13 countries, including China. McKinsey Global Institute China's digital transformation The Internet's transformative impact on six...
"Many small and medium-sized enterprises form the main body of the supply, industrial and ecological chains. These are often sluggish in undergoing digital transformation, due to issues such as a lack of funds, talent and technologies," said Zhou Hongyi, founder of Chinese internet security firm...
products, processes and strategies. Organizations undertake digital transformation to better engage and serve their workforce and customers, and thus, improve their ability to compete. In challenging economic times, operational efficiency and cost optimization can also become important transformation objectives...
At the national level, China will promote deeper integration of the digital and real economies, and support small and medium-sized enterprises in speeding up transformation, the report said. Yang Yuanqing, Lenovo Group's chairman and CEO, pointed out at the summit that in the application of AI...
relateddivides,enablingvaluecreationandcaptureindevelopingcountriesandfostering bettergovernanceofdataanddigitalplatforms. TheDigitalEconomyReport2024turnsattentiontotheenvironmentalfootprintof digitalization.Thetopicistimely,nottosayoverdue.Digitaltransformationistaking placeinparallelwithgrowingconcernsrelatedtothedepletionof...
The scale of China's digital economy grew to 50.2 trillion yuan (about 6.96 trillion U.S. dollars) in 2022. The share of the digital economy in the country's GDP rose to 41.5 percent, making it an important engine for stable growth and transformation. ...
Advanced infrastructure has allowed smart manufacturing to thrive in China with more value-added than traditional manufacturing that creates the least value according to the smile curve theory. China's digital transformation holds great promise as a key driver of growth and structural improvement. ...