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China’s Digital Economy: Unleashing Inclusive Growth

The global economic structure is changing because of the digital economy’s explosive growth. Hence, during the “14th Five-Year Plan” period, China’s digital economy has progressed to a stage of expanding applications and inclusive sharing.

The China Academy of Information and Communications Technology (CAICT) has introduced the Digital Software Product and Service Capability System Specification and the associated Digital Software Product Service Capability Maturity Certification (DSSC) to further advance the development of the digital economy and meet the rising demand for software products and services.

The high-quality growth of the digital economy is mostly driven by full-factor digital transformation. For Chinese software developers, it presents enormous growth prospects. The importance of supply-side manufacturers’ goods and services increases as the demand for software product capabilities and services rises because of digital transformation.

The Internet Industry Promotion Centre, the Internet Society of China, and CAICT started compiling the Digital Software Product and Service Capability System Specification to address the issues facing both the supply and demand sides.

The purpose of it is to offer a qualitative assessment of the customer service abilities of digital software firms. This assessment will aid with model selection and demand-side procurement, ultimately assisting software supply-side manufacturers in becoming more competitive.

The specification has already been created, and CAICT has introduced the DSSC in response to the requests of participating businesses. Companies can now apply for the DSSC if they want to validate their product and service capabilities for digital transformation.

The enterprise’s maturity in providing digital software products and services will be recognised and demonstrated through this certification. Hence, companies can improve their market reputation and get a competitive edge by receiving the certification.

The CAICT will handle the certification procedure, review the results, and present the Certificate to the initial group of recognised businesses. Potential customers will use this certification as a standard, knowing that the certified firm has proven to be highly competent in offering digital software products and services.

An important step in advancing the development of the digital economy was taken with the introduction of the DSSC in China. The certification enables businesses to exhibit their expertise and boosts their competitiveness by giving software companies a standardised evaluation mechanism.

The DSSC certification will be an invaluable tool for both supply-side manufacturers and demand-side businesses in choosing reputable and skilled software suppliers as the demand for digital transformation keeps growing. China’s commitment to advancing a strong digital economy and fostering the development of its software industry is further reaffirmed by this programme.

Software firms must adhere to strict criteria for functionality, performance, and quality, which are enforced by the evaluation systems. This promotes consistency and dependability in software services and products.

Customer Credibility Customers benefit from standardised evaluations because they can trust the certification to serve as a barometer for the competence and quality of software providers. It offers reassurance that their selected software vendor complies with accepted industry standards.

The evaluation systems let software companies set themselves apart from their rivals. They can highlight their adherence to standards and indicate that they provide high-quality goods and services by getting certifications.

Likewise, certifications act as passes to enter projects or marketplaces. Many clients or governmental bodies demand that software businesses have qualifications to be eligible for contracts. Hence, for accredited companies, standardised evaluations increase market access and commercial potential.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com