Tag: Digitalization, digital transformation and technology

Digitalization and Digital transformation in Asia and China is a big thing.
Digitalization is not just a fancy word. In Asia – and particularly in China – it is a reality. This page regroups our expert contributions on the topic of digital transformation and digital technology more generally with, of course, a special focus on the Asia-Pacific. For an introductory discussion on digitalization in China, we particularly recommend Ashley Galina Dudarenok’s interview ‘Digital Transformation: China is the Future of Technology‘. Oh, and if you can connect the dots and wish to contribute with your unique insights, we would love to hear from you.
Read our Digitalization, Digital Transformation, and Digital Technology Insights:
In this Asia-Pacific Insight, Fintech & transformation expert Nick Grenham explores recent developments related to open banking, virtual banks, Open API policy and financial inclusion in Hong Kong. While Hong Kong has made significant efforts lately to further develop its fintech policy framework, indeed questions remain as to whether recent initiatives will have enough teeth to change the lives of the many who still have limited access to finance in one of Asia's major financial cities. Open banking won't bring financial inclusion to Hong Kong, Grenham writes, unless...
In this insight, Sandrine Zerbib writes about the development of artificial intelligence (AI) in China. From ambitions to actual impact, she comments on the role of tech giants and considers potential evolutions in a variety of fields and industries. Think media and leisure, for instance, or financial services and health. At the end of the day, she writes, the best way to participate in this tremendous growth of artificial intelligence is to learn from the Chinese and use their applications in China and outside China, especially in areas where Chinese companies are already highly successful ...
In this China Business Insight, Eleonore William continues to explore and document the growth of globalized Chinese Groups, taking the case of Xiaomi. While Xiaomi is known for having put into place a "high technology accessible to all" business model, but the strategy developed by the group in order to diversify its activities, develop a robust user community and turn into an international company with a truly global reach is interesting for one major reason: it works.
Telecom talk, with Alain Lejeune (TLC Communications, BlackBerry Mobile Division): In this Chinese markets insight, Alain Lejeune explores past, current and future developments in China's Telecoms market. From the rise of a market to the development of a truly globalized telecommunication industry strategically supported under the "Made in China 2025" efforts, Mr Lejeune tells a fascinating industrial story built around innovation, forward-looking anticipation, daring business models and far-reaching investments. In case you wondered what global (and Chinese) telecoms are about, this insight is a must read. Would you like more business trends and tips from regional Asia-Pacific experts? Read our latest Asia-Pacific Insights!
Business talk: we recently had an unconventional discussion with Franck Benhamou, an entrepreneur based between Hong Kong and Chiang Mai (Thailand) who invests in building online communities. Franck is an atypical businessman, a former corporate executive who eventually moved to Asia to live a different life with his family and turned into a digital nomad, managing his international marketing activities from the region. His message is unusual but makes a lot of sense: ad hoc digital marketing as many people do has its limits but building real communities with intent has strong potential. Hence, you should invest in communities. Not tomorrow, right now!
In this Asia-Pacific business Insight, Hong Kong Visa Geeza expert and Intelligent Content Marketing advocate Stephen Barnes discusses the complexity of creating a sustainable business brand in the region. "Asia is a race", he says. Hence, considering the current connection economy, "you need a monopoly business strategy" if you want to maximize your odds of succeeding. With the increasing importance of the connection economy, indeed, the role of information is shifting. And you definitely want to be on the right side of the digital transformation.
Ashley Galina Dudarenok is one of the key experts and opinion leaders on digital marketing strategy and social media in China. In this Asia-Pacific Insight, she explores the question of digital transformation in China, from technology developments to marketing strategy, she explains how she sees change happening. Ashley is very optimistic about digital developments and has lots to say about digital marketing developments, but her key take is very simple: "China is the future of digital technology". Read the interview for more.