Connectivity makes anything possible
A profound technological transformation is sweeping the world, impacting our work and lives more than anything that we have ever seen before. New technologies that seemed unimaginable in the past are commonplace now and are playing an increasingly important role in business operations. More and more companies are incorporating connectivity, cloud, big data, Internet of Things (IoT), and artificial intelligence (AI) into their core processes and management systems, aiming to boost efficiency and competitiveness. These developments reflect some of the most creative and futuristic thinking in today’s marketplace.
To ensure a satisfactory return on their investments, companies will have to set clear goals based on their business strategy.
As a result of this change, new operating models and business models are emerging every day. To benefit from the trend of digital transformation, enterprises need to transform their IT infrastructure and organizations at a fundamental level. From planning to deployment, commercial use, and expansion, companies will need to make significant investments of time and capital in their digital infrastructure. To ensure a satisfactory return on their investments, companies will have to set clear goals based on their business strategy. Then their journey toward a truly connected ecosystem can begin.
Of course, digitalization is not a one-off project. Digital is a process which will expand the borders of your company, and it will link your operations, people, knowledge, and things into a wider ecosystem of customers, partners, and suppliers. Digital transformation is the necessary next step on our journey to the Intelligent World. To navigate this process, from setting the right strategy to introducing key technologies, companies will need specialist guidance and the help of solid partners. Huawei is a pioneer and an enabler of digital transformation. The company is currently in the midst of a rapid transformation itself, and that experience will be used to help guide other companies along the digital path. In other words: When the ecosystem wins, Huawei wins. Huawei succeeds through the success of its customers.
From suppliers, manufacturers, to distributors and customers, they form a unidirectional supply chain.
How business ecosystems are upended by digital transformation
Traditionally, the business ecosystem is linear. From suppliers, manufacturers, to distributors and customers, they form a unidirectional supply chain. However, the digital transformation shakes up the system and changes the roles of industry players. Industries are now overlapping each other, which makes for a more complicated ecosystem environment.
Let’s take the example of John Deere. At the beginning, this agricultural machinery company only sold products to farmers. Today, the company is using wireless connectivity, cloud computing, and big data to provide a wide range of agriculture management solutions covering meteorological data, seed selection, and irrigation. The company has established a comprehensive digital ecosystem that supports business development.
In the ecosystem, digitalization and connectivity make real-time monitoring of equipment possible, improving the efficiency and reliability of operations. Sensors deployed on farms gather important agricultural information that helps guide farmers in sowing, fertilization, and harvesting. The remote information management platform helps support the decision-making process. John Deere is now the world’s largest supplier of agricultural machinery, industrial equipment, forestry equipment, and agricultural management solutions. The company even has business in credit cards, healthcare, and specialized technology, which has enlarged its ecosystems and created greater shared value among its partners.
In the future, we believe that connectivity will be as ubiquitous as the air that we breathe.
Huawei believes that connection makes for a better world. In the future, we believe that connectivity will be as ubiquitous as the air that we breathe. Connections between people, person to device, and thing-to-thing, will feed into real-time intelligent analysis and communications. They will help satisfy our every economic need. Using these connections will feel as natural to us as breathing. In fact, we will barely be aware that they exist. Our focus will continue to lie on the applications and services that connectivity enables. Welcome to the truly connected world.