New technologies give birth to new business opportunities, new business opportunities lead to new changes, and the future road contains infinite possibilities, which is the spring for entrepreneurs and scientists to bloom together.
China Entrepreneur magazine and ** have carefully created a special column of "2024 New Business Variables: Science New Year's Eve", inviting founders of enterprises in the hard technology track and new business fields to analyze the "2024 New Business Variables".
Although the road ahead of science and technology is bumpy, we firmly believe that the dawn of tomorrow will emerge, let us appreciate the glory of those extraordinary strugglers.
From the perspective of hard technology, we will examine the surge of the waves, the key choices, and accompany those energetic entrepreneurs, from the Year of the Rabbit to the Year of the Dragon, from the field that few people have set foot in, to the voyage of the sea of stars.
Huawei, as a strong competitor, has frequently set foot in new industries and new tracks in recent years, causing many startups to be nervous and worried.
For example, in July 2022, the M7 posed a serious challenge to Ideal One. Li Xiang, CEO of Li Auto, lamented on Weibo that he had never encountered such a strong opponent, Huawei's strength made Ideal One sell first, stop production ahead of schedule, and lose billions in just one quarter, and the team's vitality was greatly damaged, and he couldn't sleep at night, but he said that he learned 80% of Huawei's achievements and 20% showed respect.
Huawei, advocated by Ren Zhengfei, advocates victory, and he has repeatedly emphasized that victory is regarded as a kind of faith. Some people even joked that they should follow Huawei to see projects and investments, because the competition intensity of this army is considerable.
In 2015, Xu Xin founded XSKY, focusing on the field of data storage, and is one of the first batch of startups in China to engineer and productize software-defined storage technology, and giants such as Huawei and Inspur are also important participants in this field.
The three elements of AI: data, algorithms and computing power, Xu Xin took the lead in seizing the opportunity of data storage, and the rise of ChatGPT further highlights the importance of data storage and calling, and large companies such as Huawei have also strengthened their market layout, and the fierce competition in the market is rising.
In the face of competition from large companies, Xu Xin began to solve this problem as early as the early days of his business, and he said that he was not afraid of competing with large companies such as Huawei, but was afraid that he was not professional enough. In other words, the competition itself is not terrible, the most important thing is to gain the approval of the customer.
From February 5th to 6th, China Entrepreneur magazine and ** jointly launched a special column of "2024 New Business Variables: Science New Year's Eve", inviting Xu Xin, CEO of XSKY, to share his experience of entrepreneurship in the past 10 years. Xu Xin gave a wonderful speech and accepted an exclusive interview with "Chinese Entrepreneur".
Here are the key takeaways from the presentation:
Xu Xin's sharing is very beneficial. He emphasized the importance of proactive choice, and the need for companies to be sensitive to changes and adjust their strategies in a timely manner. In the face of competition, professionalism and customer recognition are key. For entrepreneurs, it is necessary to keep iterating, stay focused, and seize market opportunities.
This makes us think: how can companies stay competitive in times of rapid change? What are your thoughts on this? Feel free to leave a comment to share your views.