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China’s Digital Transformation Buoyed by Rising Computing Power

The economic gains speak for themselves. A recent industry report has highlighted China’s impressive advances in computing power, ranking the country as one of the best among major economies in the field.

The report has been released by Tsinghua University International Research Centre working with a Chinese IT firm. In essence, it comprehensively assessed the computing power, efficiency, application and infrastructure of 15 major economies. Results show how the country’s ever-rising computing power has become a key driver in the nation’s digital economy.

Computing power has already become an important part of the infrastructure for national economic development.

– Website, National Development and Reform Commission

Showing how computing power has become the driving force in promoting the digital economy, the report concluded that the increasing investment in this sector will have an amplified and long-term effect on economic growth.

Indeed, ICT technologies have become ubiquitous thanks to the rise of the country’s computing power. In the context of booming cloud computing, AI, 5G and other emerging technologies, analysts believe that computing power has become an important component of infrastructure that will shape China’s future technological landscape.

Moreover, China is a work in progress when it comes to its nationwide computing abilities. According to a recent policy announcement, China has started work on a megaproject to build an integrated national big data system to improve overall computing power and resource efficiency.

The project involves establishing eight national computing hubs in the country’s economic powerhouses and less developed yet resource-rich regions, plus 10 national data centre clusters, according to the National Development and Reform Commission (NDRC).

The move comes amid a surge of demand for computing capacity as the country rides the digitalisation wave, but shortages of energy and land resources have limited the expansion of data centres in more developed regions.

By creating a national computing power network, the project will support less-developed regions with abundant renewable energy resources to store and process data transmitted from economically advanced areas to address soaring demand and regional capacity imbalances.

Statistics have shown that the scale of China’s cloud computing market, which offers a glimpse into the country’s overall computing power, exceeded 300 billion yuan ($47.24 billion) in 2021, according to the China Academy of Information and Communications Technology.

Things are looking stronger ahead. According to a five-year plan released earlier this year, China aims to raise the proportion of the added value of core digital economy industries in its GDP to 10% in 2025, up from 7.8% in 2020. By 2025, China will see the digital transformation of industries reach a new level, digital public services will become more inclusive, and the digital economy governance system will improve noticeably, per the plan.

Plus, China will strengthen its support of 6G research and development, enhance innovation in strategic fields such as integrated circuits and AI and facilitate the development of new business modes, according to the plan. Recently, China installed its fifth 5G national operator, another state-owned company that be in full swing this year.

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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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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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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 business services provider. We help 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 3,000 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.

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