IDC sees opportunities for clients in govt-backed plans
What are your business strategies as you readjust to the new Chinese economic realities like the new normal?
Our business strategy is to make our clients successful in three key dimensions:
First, targeted interpretation of the government's policies associated with the 13th Five-Year-Plan - what it will mean for IT vendors.
Second, digital transformation (DX) of their business operations, organization, products, and services through change in the five key areas of leadership DX, Omni-experience DX, Information DX, Operating Model DX and Worksource DX.
Third, adoption of the most appropriate emerging technologies, including cloud computing, mobility, social business, big data, next generation security, internet of things, cognitive systems, 3D printing, robotics and AR/VR.
How do you assess the prospects of your business in China in conjunction with the Chinese market and economy?
IDC prospects in China are excellent because of the Chinese 13th Five-Year-Plan and the opportunity for IDC to provide corresponding and relevant market insights.
Technology is a key tool to accelerate the success of the 13th Five-Year-Plan. Among all the initiatives that the government has highlighted, IDC believes that "Made in China 2025", "Internet Plus", "Big Data", "Smart City", "Belt & Road", and "Secure & Controllable" are the six initiatives most highly related to technology.
IDC will continue to provide the necessary research, consulting services and go-to-market strategies to help firstly, technology companies understand the future developments as it relates to the local demand and secondly, to facilitate the transformation of traditional industries.
Do you have any plans for new investments in China in the next few years?
IDC sees China as not only an important market to the world but also one that is growing in complexity with regional and global integration.
IDC will continue to invest in our China business including new offices across the country with the development of local talent. These resources will be combined with our global analysts to bring the international perspective to our work.