Cloud change number to 16 characters

China Telecom established the "Cloud to Digital Transformation" strategy at the 2020 Mid-term Work Conference to promote the digital transformation of the entire society with its own digital transformation.

Revolving around the cloud-to-digital transformation strategy, China Telecom has added cloud to its existing network through technological innovation, accelerating the construction of new infrastructure for cloud-network integration. China Telecom has separated its cloud computing business and established Tianyi Cloud Technology Co., Ltd., which can strengthen cloud business R&D operations and ecological cooperation by integrating cloud resources, and help better implement the "cloud to digital transformation" strategy.

China Telecom has repeatedly proposed to comprehensively deepen reforms, focusing on mixed ownership reform and technology-based enterprise reform. Li Zhengmao, general manager of China Telecom, previously mentioned that with the further advancement of reforms this year, more companies in China Telecom will join the ranks.

The digital economy is booming

In fact, in order to speed up the "cloud to digital transformation", China Telecom proposed in July last year that "100 new systems will be migrated to the cloud, and existing systems will be migrated to the cloud in three years." The goal is to fundamentally reduce costs and increase efficiency, and promote the digital transformation of enterprises.

In promoting the process of moving to the cloud, China Telecom aims to achieve the goal of "moving business to the cloud, production to the cloud, management to the cloud, data integration, and capability openness", and strives to achieve a comprehensive cloud system by 2022. , laying a solid foundation for "using numbers" and "imbuing wisdom".

With the acceleration of digitalization, the demand for cloud by industries, families and individuals has increased sharply. According to statistics from the China Academy of Information and Communications Technology, the global cloud computing market reached US$188.3 billion in 2019, and it is expected that the market size will reach 188.3 billion U.S. dollars in 2023. More than $350 billion. In China, the cloud computing market size reached 133.4 billion yuan in 2019, with a growth rate of 38.61%. It is expected that the market size will be close to 400 billion yuan in 2023.