With the trend of digital transformation becoming more and more obvious, major operators are actively seeking innovation and breakthroughs. Recently, the three major operators have established a number of new subsidiaries to further promote digital transformation and business expansion, which has attracted the attention of the industry.
Some time ago, Mobile invested 4 billion yuan to "enter" Venustech;China Telecom has successively established two professional subsidiaries, Tianyi Vision Technology and China Telecom Digital Government Technology, with a total registered capital of 1.5 billion yuanUnicom also kept up with the trend and registered and established Unicom Digital Intelligence Medical Technology***
At present, with the gradual fading of the "demographic dividend", the traditional business development of telecom operators has gradually peaked, and transformation has become a must-answer question. Digitalization is an important direction of enterprise transformation, innovation and development is the driving force of enterprise transformation, and thousands of industries are the broad fields of enterprise transformation. Among the many options for digital transformation, the establishment of a professional subsidiary is an active exploration of operators' technological transformation.
This method breaks the traditional model represented by "group + provincial branch". From the perspective of business expansion, independent subsidiaries are more conducive to getting rid of geographical constraints and are not limited to a certain province, that is, they have strong flexibility in business expansion, and it is easier to become bigger and stronger in a specific field, providing a flexible choice for their technological transformation.
As we all know, operators' brilliant performance in the past two years has largely relied on the revenue of the BG market brought by technologies such as 5G, cloud computing, and the Internet of Things.
In the first half of 2023, China Mobile's government and enterprise market segment achieved revenue of 104.4 billion yuan, a year-on-year increase of 146%；The digital sector of China's telecom industry achieved revenue of 68.8 billion yuan, a year-on-year increase of 168%；China Unicom's industrial Internet segment achieved revenue of 43 billion yuan, a year-on-year increase of 165%。Among them, the cloud computing business segment of telecom operators: mobile cloud business achieved revenue of 42.2 billion yuan, a year-on-year increase of 805%；e Cloud achieved revenue of 45.9 billion yuan, a year-on-year increase of 634%；China Unicom Cloud achieved revenue of 25.5 billion yuan, a year-on-year increase of 360%。
If you want to win a big order, you must not only fight for strength, but also for the speed and cost performance of resource integration. For subdivisions, establish a professional company to cope with the rapid changes in the market, integrate resources in the professional field in a shorter time, and output more cost-effective digital solutions. The goal is to beat the competition, win more orders, and support the company's revenue growth.
In addition, from the perspective of transformation risk prevention, the expansion of multiple businesses by multiple different professional subsidiaries at the same time is itself a manifestation of reducing transformation risks. The advantage of this relationship is that once the subsidiary incurs a business loss, it will not affect the development of the entire group. At the same time, through the "strong alliance" of various professional companies, more professional companies will become "accelerators" to promote revenue growth.
In various subdivisions of thousands of industries, professional people do professional things. In order to accurately "snipe" large orders and accelerate their own digital transformation process, the three major operators have chosen to invest 100 billion yuan in "star enterprises" in the fields of cybersecurity, finance, culture and media. There are also obsessed with frequently establishing new subsidiaries, aiming at different subdivisions to meet the customized digital needs of thousands of industries.
However, for operators, the establishment of several specialized subsidiaries is only the beginning. In the future, it will be a great challenge and opportunity to rely on the existing resources and platform advantages to expand and strengthen the "digital business" in the professional field. In the final analysis, technology should be people-oriented, and all development is human development, and for digital transformation, we should not only pay attention to the digital transformation of the network, but also pay attention to the digital transformation of people. Mechanism and talent is the key to the realization of scientific and technological transformation and upgrading, only to build a good mechanism, stimulate the vitality of talents, in order to provide a steady stream of power for the transformation and development of enterprises.