According to IDC the 3rd Platform brings new technologies together, while at the same time creating a perfect storm for business leaders looking to compete effectively in the market. Digital transformation is creating new workloads as organizations leverage mobile, social, cloud, and analytics to enhance customer engagement and improve business decision making. IDC believes that many companies will need to develop entirely new technology infrastructures with radical impacts on the IT department as well as the datacenter.
IDC managing director for China’s Kitty Fok says six keywords from the Chinese Government relate to opportunities for 3rd Platform technologies and the 6 innovation accelerators. These initiatives will drive China’s ICT market in the coming years:
Seven Infrastructure Projects: This massive plan with over RMB 10 trillion government investment focuses on seven categories of infrastructure: 1) grain and water conservancy; 2) transportation; 3) ecology and environmental protection; 4) healthcare and elderly care; 5) major networks of information and electricity; 6) clean energy; and 7) oil, gas and mineral resources. IDC predicts that these seven infrastructure areas will drive over RMB 100 billion of IT investments.
One Belt, One Road: Resolving China’s excess manufacturing capacity issue, supporting the globalization of Chinese enterprises, and driving the internationalization of the RMB, the “One Belt, One Road” plan, with a total investment of over RMB 30 trillion, will help bring in RMB 300 billion of IT investments.
Made in China 2025: Upgrading China’s manufacturing industry to improve competitiveness, presents huge business opportunities for robotics, IoT, ICT infrastructure, and industry solutions.
Internet+: Evolving traditional industries in the digital age presents business opportunities in ecommerce, enterprise mobility, big data, IoT and SNS.
Smart City: Growing China’s IT infrastructure to benefit people’s livelihood and maintain stable economic growth presents business opportunities in cloud computing, big data, mobile, social, and IoT.
Security and Controllability: Information security and controllability at the national level will require foreign IT vendors to stay relevant in this market through technology transfer and cooperation with Chinese IT vendors.
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