TECH BUYER Apr 2020 - IDC Perspective - Doc # CHE46077820

CXO Testimonials: The COVID-19 Outbreak Highlights the Value of IT and Digital Transformation

By: Lianfeng WuVice President, Chief Research Analyst

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Abstract

IDC has conducted written interviews with more than 30 industry CXOs in China. This report summarizes these CXOs' core views, including how the COVID-19 outbreak affects their businesses, the role and value of IT during the fight against the COVID-19 epidemic, and new digital transformation measures they will adopt to support better corporate development after the COVID-19 epidemic. The report also presents key conclusions and recommended actions.

"Digital transformation has become a core strategy of enterprises. IT is not something that can be done overnight but is a journey of at least 10 years. Achieving large-scale and faster innovation has become the core of digital transformation today. The COVID-19 outbreak has fully embodied the value of IT and digital transformation. Corporate CXOs should take full advantage of this opportunity to turn the crisis into business opportunity, accelerate the promotion and implementation of new digital transformation strategies, and support enterprises to look for breakthroughs and innovative spots in the business to achieve a healthy and sustainable corporate development after the epidemic is over," says Lianfeng Wu, VP and chief research analyst, IDC China.


Coverage

Subscriptions Covered

China Cloud Market (Chinese Version) , China ICT Market: COVID-19 Related Opportunities and Risks (Chinese Version) , China IT Opportunity (Chinese Version) , China IT Security Solutions (Chinese Version) , China IT Services (Chinese Version) , IDC Financial Insights: China Financial Digital Transformation Strategies , IDC Government Insights: China Government and Smart Cities Digital Transformation Strategies , IDC Health Insights: China Healthcare Digital Transformation Strategies , IDC Manufacturing Insights: China Manufacturing Digital Transformation Strategies


Companies Covered

COFCO LAND LIMITED, CHERVON (China) Trading Co., Ltd., Konka Group Co., Ltd., Chengdu Yonda Jiayi Trading Co Ltd, Beingmate Co.,Ltd., Beijing Automotive Group Co., Ltd., Sunshine Insurance Group Corporation Limited, China Communications Construction Company Limited, Kweichow Moutai Group Finance Co., Ltd., China Southern Airlines Co., Ltd, Beijing Guchuan Food Co., Ltd., Dalian Wanda Group Co., Ltd., China Securities Co., Ltd., AVIC Trust Co., Ltd., Beijing Beizhong Steam Turbine Generator Co., Ltd., China National Petroleum Corporation, CHINA GAS HOLDINGS LIMITED, Elite Education Media Group Limited, CHINA GOLD INTERNATIONAL RESOURCES CORP. LTD., China Mengniu Dairy Company Limited, Shenzhen Maihuolang Information Technology Co., Ltd., Wanda Group Share Co., Ltd., Financial Street Holding Co., Ltd., COFCO Corporation, Ford Motor Company, Leyard Optoelectronic Co., Ltd., Beijing Municipal Road & Bridge Co., Ltd, China Eastern Airlines Co., Ltd.


Regions Covered

China


Topics Covered

Air interface, COVID-19, Cognitive/artificial intelligence, Collaborative applications, Digital transformation strategies, Internet of things, Software as a service, Technology buyer, Videoconferencing equipment, eCommerce


Vertical Markets

Smart cities and communities, Value-based health


Content


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