IoT companies, start doing business in the Information Technology Application Innovation Industry.

In recent years, there has been a downward economic spiral. Not only China, but nowadays all industries around the world are facing this problem. The technology industry, which has been booming for the past two decades, is also starting to see people not spending money, capital not investing money, and companies laying off workers.

The economic problems are also reflected in the IoT market, including the "consumer electronics winter" in the C-side scenario, the lack of demand and supply of products, and the lack of innovation in content and services.

With the development of progressively severe, many companies are changing their thinking to find markets from both B and G ends.

At the same time, the state, in order to boost domestic demand and stimulate economic development, has also started to increase the government budget, including attracting and operating businesses, and expanding the capacity of procurement and bidding projects. And among them, Cintron is a major theme. It is understood that the IT procurement scale of Cintron in 2022 reaches 460 billion yuan, distributed in education, medical, transportation, government, media, scientific research and other industries.

At first glance, in these industries, aren't all their hardware and software needs related to IoT? If so, will the letter creation be favorable to the Internet of Things, and to whom will the hotter letter creation projects and larger procurement scale fall in 2023?

 

Economic Downturn Spurs Its Development

To understand the relevance of Xinchuang and IoT, the first step is to understand why Xinchuang is a major trend in the future.

First of all, Xinchuang, the information technology application innovation industry, refers to the establishment of China's own IT-based underlying architecture and standards to form its own open ecology. Simply put, it is the full localization of science and technology research and development as well as software and hardware applications, from core chips, basic hardware, operating systems, middleware, data servers and other fields to achieve domestic substitution.

As for Xinchuang, there is an important driving factor behind its development - the economic downturn.

As for why our country is experiencing an economic downturn, the reasons are divided into two parts: internal and external.

External factors:

1. Rejection by some capitalist countries

China, which has grown through the globalization of the liberal economy, is in fact very different from the capitalist countries in terms of economic and political philosophy. But the more China grows, the more obvious is the challenge to the liberal capitalist order.

2. Declining exports and sluggish consumption

A series of U.S. actions (such as the chip bill) have led to a weakening of China's economic ties with many developed countries and their camps, which no longer seek economic cooperation with China, and a sudden shrinking of China's external market.

Internal causes:

1. Weak national consumption power

Many people in China still lack sufficient security and income, have low spending power, and have not yet upgraded their consumption concepts. And, in fact, China's early development is still mainly relying on real estate and government investment in driving consumption and production.

2. Lack of innovation in technology

In the past, China mostly relied on imitation and catching up in the field of technology, and lacked innovation in both Internet and smart products. On the other hand, it is difficult to create commercial products based on existing technologies, which makes it difficult to realize.

To sum up, from the international situation, China will probably not enter the camp of capitalist countries due to the different political and economic philosophies. From China's point of view, to talk about "digital prosperity" and develop Chinese science and technology, the most urgent task is to expand internal supply and demand, in addition to innovation, and build its own technology ecology.

Therefore, the above can be summarized as follows: the more the economy goes down, the more urgent is the development of Cintron.

Information Technology Application Innovation projects are almost all related to the Internet of Things

Data statistics show that in 2022, the national IT-related projects procurement scale of nearly 460 billion yuan, the total number of successful transactions over 82,500 projects, a total of more than 34,500 suppliers won the procurement project.

Specifically, procurement mainly consists of education, medical, transportation, government, media, scientific research and other industries, of which education and scientific research industries have the largest demand. According to the relevant data, information technology equipment, office equipment and communication equipment are the main hardware equipment procured in 2022, while in terms of platforms and services, the procurement scale of services such as cloud computing services, software development services, information system operation and maintenance accounted for 41.33%. In terms of transaction scale, there are 56 of the above projects over 100 million yuan, and as many as 1,500 of the 10 million level.

Broken down into projects, digital government construction operation and maintenance, digital base, e-government platform, basic software system development, etc. is the main theme of the procurement project in 2022.

In addition, according to the country's "2+8" system ("2" refers to the party and government, and "8" refers to the eight industries that are related to the people's livelihood: finance, electricity, telecommunications, petroleum, transportation, education, medical and aerospace), Transportation, education, medical and aerospace), the market size of each industry vertically with the theme of Information Technology Application Innovation is also very different.

As you can see, Information Technology Application Innovation projects can all be called IoT projects in a strict sense, as they are all upgrades from systems to hardware and software and platforms.

Nowadays, under the background of intelligence, Cintron will bring a lot of projects for IoT companies.

Conclusion

The economic downturn has, to a certain extent, forced the development of domestic alternatives in China, and, as can be seen from the attitude of the United States, in addition to not wanting China to be the "boss", China is actually different from traditional capitalist countries in terms of development model, and since it cannot stay in the same camp, building its own ecology to strengthen internal supply and demand is the optimal solution.

As more CCT projects land, more people will realize that the project from system to hardware and software and platform is the IoT project. When more provincial, city and county governments start to develop CCT, more IoT companies will enter the market and cast the glory of CCT in China!


Post time: Apr-07-2023

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