Asi­aInfo sees big data rev­enue up 30% in 2016

China Daily (Canada) - - BUSINESS - By YANG CHENG in­Wuzhen, Zhe­jiang yangcheng@chi­

Asi­aInfo Group ex­pects to see rev­enue gen­er­ated from its big data busi­ness in­crease by 30 per­cent year-on-year in 2016, its chair­man Ed­ward Tian said.

Tian said the Bei­jing-head­quar­tered multi­na­tional com­pany, one of the big­gest soft­ware de­vel­op­ers in China, had reaped a bumper har­vest only two years after it en­tered the big data sec­tor and its new unit was now ex­pe­ri­enc­ing the fastest growth rate among all its busi­ness arms.

He said the push into big data was part of ef­forts by Asi­aInfo to blaze a new trail in in­no­va­tion, from be­ing a tra­di­tional soft­ware provider.

Tian made his com­ments dur­ing the on­go­ing Third World In­ter­net Con­fer­ence, where global in­ter­net think tanks are fo­cus­ing on in­no­va­tion.

The chair­man said that us­ing big data tech­nol­ogy, Asi­aInfo helped Xianyang — a city in north­west­ern China’s Shaanxi prov­ince with a pop­u­la­tion of 4.97 mil­lion— save more than 150 mil­lion yuan ($22 mil­lion) in govern­ment spend­ing on med­i­cal in­sur­ance last year.

Asi­aInfo says the tech­nol­ogy en­ables or­ga­ni­za­tions to pre­vent cheat­ing re­lated to ex­ces­sive med­i­cal bills and over­spend­ing on med­i­cal in­sur­ance, which af­fects lo­cal gov­ern­ments.

The tech­nol­ogy is also be­ing ap­plied to im­prove poverty relief in a new round of cam­paign ini­ti­ated by the Chi­nese govern­ment to help the needy at a grass­roots level, he said.

Tian also said that the soft­ware in­dus­try, born more than 40 years ago, would soon lose its edge if no trans­for­ma­tion was made amid the ex­po­nen­tial growth of cloud com­put­ing, ar­ti­fi­cial in­tel­li­gence and in­ter­net of things— the three ma­jor trend­set­ters of the cur­rent in­ter­net era.

Asi­aInfo has set sights on re­shap­ing it­self from be­ing a tra­di­tional soft­ware de­liv­erer to a full supporter of the rev­o­lu­tion in telecom­mu­ni­ca­tions.

“We en­vi­sion help­ing tele­com op­er­a­tors to be­come ‘dig­i­tal re­tail­ers’, ben­e­fit­ing from cloud com­put­ing’s new stream and emerg­ing soft­ware rental ser­vices,” Tian said.

Echo­ing Tian, Feng Cheng, a re­searcher on global telecom­mu­ni­ca­tion op­er­a­tors in the China Academy of In­for­ma­tion and Com­mu­ni­ca­tion Tech­nol­ogy, said op­er­a­tors would soon feel the pres­sure to sus­tain their rev­enues dur­ing the dig­i­tal rev­o­lu­tion if no part­ner­ships are built with soft­ware de­vel­op­ers and chip mak­ers.

Their com­pet­i­tive edge would soon wane dur­ing in­dus­trial con­ver­gence, she said.

Asi­aInfo’s Tian said that soft­ware com­pa­nies are be­ing urged to drive tele­com op­er­a­tors to evolve quickly from be­ing cur­rent voice and com- mu­ni­ca­tion ser­vice providers, amid the dy­namic pop­u­lar­ity of WeChat, a so­cial com­mu­ni­ca­tion tool that is grad­u­ally un­der­min­ing prof­its from smart­phones in China.

Last yearAsi­aInfo ac­quired Trend Mi­cro (China), the Chi­nese sub­sidiary of a global se­cu­rity soft­ware com­pany, in a move that con­sol­i­dated Asi­aInfo’s po­si­tion in the sec­tor.

The com­pany said that last year it helped users save a com­bined 5 bil­lion yuan in on­line anti-fraud ac­tions.

Asi­aInfo said it is plan­ning to forge in­dus­try al­liances with more big data coun­ter­parts, amid cut­throat­com­pe­ti­tion. It is also seek­ing more op­por­tu­ni­ties in the in­ter­net of things.

“We are bank­ing on a fu­ture of ‘chips’, which will soon be in­stalled in ev­ery elec­tronic de­vice, just as they are now in smart­phones,” Tian said.

We are bank­ing on a fu­ture of ‘chips’, which will soon be in­stalled in ev­ery elec­tronic de­vice just as they are now in smart­phones.”

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