A few days ago, JPMorgan Chase released a long report on the overall situation of the United States and the global market, which caused a sensation in the industry. When the news of the international giant hosting the Global China Investment Summit in China spread in early May, the industry's attention was once again drawn to it.
Big coffee gathers to radiate business circles at home and abroad
On May 8-9, 2019, the 15th "Bright Future" JPMorgan Chase & Co. Global China Summit was held at the China World Summit in Beijing.
As a well-known investment summit brand in China, this event not only invited JPMorgan Chase Chairman and CEO Jamie. Dimon, United Airlines Executive Officer Oscar Munoz, former Canadian Prime Minister Stephen Harper, former Australian Prime Minister Kevin Rudd, senior officials of national ministries and commissions and other international political and business leaders, heads of government, well-known scholars, Chairman of the Hong Kong Trade Council and Vice Chairman of Alibaba Tsai Chongxin, Founder of Licai.com Chen, Founder of Hillhouse Capital Zhang Lei, United Airlines Executive Officer Oscar. Munoz, Ctrip CEO Sun Jie, Longhu Real Estate CEO Shao Mingxiao, Weilai Automobile Chairman Li Bin and a large number of star enterprise founders, venture capital leaders, senior executives were also invited to visit.
The scene of the 2019 J.P. Morgan Global China Summit
Luxurious guest lineup, 2,000 people conference scale, social hotspots, forward-looking economic analysis... Judging from the 2-day full agenda of the summit, this investment summit can be regarded as a comprehensive event of Sino-foreign interaction, government-enterprise-business integration, and the participants are mainly middle and senior managers of listed enterprises at home and abroad.
Former Canadian Prime Minister Stephen Harper, former Australian Prime Minister Kevin Rudd and Morgan moderators in a conversation
Alibaba Vice Chairman of the Board of Directors Tsai Chongxin and Morgan moderator in a conversation
Hillhouse Capital founder Lei Zhang and Morgan moderator in a conversation
The development of cloud computing has entered the deep water area and the head player has obvious advantages
As an important part of the world economy, the influence of China's economy on the global market is rising day by day. According to incomplete statistics, China's GDP increase in US dollar terms in the past 10 years has reached as much as 9 trillion US dollars, which is almost equal to the sum of the increases in the United States (7 trillion US dollars) and the European Union (2 trillion US dollars). The open attitude of the Chinese market, the political and economic development environment, policy hotspots and the rise of emerging industries are becoming the hot topics of discussion at the summit.
Take the cloud computing industry as an example. Although it started late compared with foreign countries, a large number of heavyweight players have emerged in the three major fields of IaaS, SaaS and PaaS, and some have overtaken international racers. And according to the "2018-2019 China SaaS Market Insight Report" released by Alibaba Cloud, the current annual growth rate of traditional IT in China is only 0.3%, while the annual growth rate of cloud computing has maintained a growth rate of more than 13%, and in 2019, cloud computing directly overtook traditional IT and became the mainstream of the market. Among the enterprises undergoing enterprise informatization transformation and upgrading, 78.3% of enterprises regard cloud computing as a new business infrastructure. In terms of revenue, the cloud service revenue of the head player has long been realized in units of 100 million yuan, and the growth rate and profit contribution rate are getting higher and higher. All indications are that China's cloud computing industry is on the rise.
But what is the current penetration of enterprise software/SaaS in China? In which direction should we go in the future?
Chen Chen, founder of Licai.com, Dai Wenyuan, founder and CEO of Fourth Paradigm, Lin Bo, executive director of Kingdee International, and Morgan moderators in a dialogue
In response to this problem, the summit set up a roundtable forum on "The Evolution of Cloud Computing and Enterprise Software in China", and specially invited Chen Chen, founder of Licai.com, Dai Wenyuan, founder and CEO of the Fourth Paradigm, and Lin Bo, executive director of Kingdee International, to share on the spot.
From point to face entrepreneurship old driver dialogue between Chinese and Western SaaS development
"The current penetration of enterprise software/SaaS in China and the future trend?", "Does the slowdown in economic growth and rising labor costs affect the decision of enterprises to use software to improve operational efficiency?", "Which industries/enterprises have a relatively high penetration rate of HR SaaS?", "What are the concerns about the use of SaaS by enterprises?", "What are the differences and competitive advantages of Licai.com's daydao compared to other competitors?" ...... Within 1 hour, the questions were thrown out in a chain, and the guests were eagerly awaiting the answers of the guests.
As one of the earliest e-HR software developers in China, Mr. Chen Chen, CEO of Licai Network, has been working in this field for 20 years, and after the first successful venture in 1999, he has served as an executive and chief expert in a well-known ERP vendor, building an application framework for mainstream HR software that lasts for more than ten years. As early as 2005, the start of the application software on-demand (on-demand) business, which is actually the early name of SaaS, is a veritable pioneer of China's first generation of SaaS applications. 2014 re-entrepreneurship, the establishment of Licai Network, this time entrepreneurship and the previous difference is that Licai Network to PaaS as the core of its entrepreneurial project, in 2015 in Shanghai grand release, the launch of daydao PaaS soon became a representative product of domestic PaaS, in the Lecai network independent development of HR, CRM, collaboration and financial SaaS driven by, won the education, transportation, post-investment management, electronic signatures, welfare, insurance, Internet car learning, remote examination, catering, public opinion monitoring, Agency bookkeeping, online reimbursement, network push, enterprise video marketing, supply chain and many other segments of well-known SaaS service providers access, jointly serving nearly 500,000 enterprises. In mid-2014, the strategy of realizing product integration, deployment platform and service ecology within 5 years has been initially realized.
Chen Chen, founder and CEO of Licai.com (second from right), was a guest at the roundtable forum
In the face of the questions thrown by the host, Chen Zhi said: After nearly 10 years of development, the domestic cloud computing industry has gradually entered the deep water area of development. Enterprises are becoming more and more receptive to cloud services, and the demand for cloud migration is becoming more and more intense, and no one can change this trend. In the early years, although there were some concerns about the security on the cloud, with the understanding of cloud platforms and cloud services, it has been known that the cloud is actually more secure than on the local server, just like the money in the bank is more secure than in their own drawers, and going to the cloud is a trend that no one and any enterprise can stop.
At the IaaS level, BAT already has a very good foundation, from the perspective of security, the basic services of Licai Network are deployed in its own computer room, and the industry applications and personal comprehensive service applications are deployed on Alibaba Cloud and Tencent Cloud respectively. At the PaaS level, daydao PaaS has access to developers in more than 20 segments, providing services for nearly 500,000 enterprises including dozens of listed companies, and daydao PaaS is also open to large and medium-sized enterprises with a certain IT foundation, allowing users to develop their own applications. Chen Said: "PaaS and the traditional ERP platform are completely different two different things, from the application design, architecture design, deployment methods and user support do not have the same point, PaaS and BAT and other platforms serving the C-side are also different, in the application design of the former is mesh, the latter is linear, the former is much more difficult, so the threshold of PaaS is actually very high." To verify whether a PaaS is mature, it mainly depends on how many horizontal general purpose, vertical industry, personal services, as well as hardware tools and AI products and services are running on it, not how many certificates or prizes it gets, because partners and users are the real judges! At the SaaS level, it is necessary to achieve integration, various cross-application processes must be smooth, the basic data must be consistent, the operation logic is unified, and the different APP application data must not be separated and an information island can be formed. Therefore, the performance of integration is that app applications are no longer sub-fields (such as human resources, finance, collaboration, sales, customer service, manufacturing, etc.), and an APP goes in to achieve multiple cross-field application services. ”
When talking about the difference between Licai Network and the same type of cloud service providers, he believes that many peers have not focused on developing PaaS, and the product is single on SaaS, which is difficult to integrate with other SaaS, and the application has not formed a synergy but has become a resistance to development. After 5 years of continuous polishing, Licai Network Daydao PaaS has been in a relatively good leading position, laying a very solid foundation for the company's product and service model. The company's team has excellent technology and a very in-depth understanding of the application, and has won a certain market opportunity and user base. In addition, we have a strong sense of cloud ecology at the beginning, emphasizing win-win and development, attracting a large number of excellent partners to become bigger and stronger together, which is difficult for other competitors to match at present. When talking about the focus of the next step of Licai.com, Chen Said said that the basic products have matured, the team has been stable, and the next step is mainly two things: developing ecological partners and strengthening marketing.
In addition to cloud computing, the summit site also conducted in-depth dialogues on hot areas such as artificial intelligence and intelligent robots. In order to better promote the economic interaction between China and foreign countries and accelerate the docking of brands and capital, the summit also opened a communication window outside the sharing meeting to match capital and the market.
Source: China Net