At the meeting, Mr. Luo also emphasized that as a global company based in China, Advantech (China) has always attached great importance to and vigorously increased the construction of localization, on the one hand, constantly establish and invest in Kunshan, Xi 'an, Shanghai, Beijing, Shenzhen, Hangzhou as the center of the local research and development force, and expand the scale of Kunshan manufacturing plant, on the other side actively layout the domestic ecosystem. In addition, in recent ye
On March 15, Advantech, a global industrial Internet of Things brand, held the 2024 Media Exchange Day in Beijing. Luo Huancheng, General manager of Advantech (China), CAI Qinan, general manager of Advantech (China) Industrial Cloud, and Li Jingen, deputy general manager of the Industrial Internet of Things business Group of Advantech (China) attended the event. With more than 30 journalists from Bloomberg Businessweek, Tiger Smell, Jia Zi Lightyear, to top network, CSDN, digital intelligence front, IIA News, Internet of Things think tank, Huaxia Energy network, MM Modern manufacturing and other media gathered together. The conference focused on the enterprise strategy of "Platform + Orchestration +Sector", and explained in detail the enterprise vision of Advantech to develop AIoT+ Edge Computing as the core in the next decade.
Three-tier enterprise strategic framework, fully deploy Advantech Vision 2030
As an enterprise that has been deeply engaged in the industrial Internet of Things for more than 40 years, Advantech has been actively innovating and developing advanced technologies with its Edge Computing advantages, actively cooperating with ecological partners, and deeply cultivating various vertical markets to promote industrial digitalization and intelligent development. Moving to the next stage, how will Advantech layout, maintain its own industrial Internet of Things leading brand advantages and rapid growth? Luo Huancheng, General manager of Advantech (China), said that in order to meet the new opportunities of AIoT + Edge Computing, Advantech has fully launched the deployment of the 2030 vision, and formulated three strategic thinking:
With the basic vision of "AIoT + Edge Computing contributing to the intelligent Earth", we will develop the global brand value in the long term
Establish a three-tier enterprise strategic framework of "Platform + Orchestration + Sector" to form a multi-axis moat
The business mechanism has further evolved. On the one hand, the traditional BG business model has changed to Sector + BG Cross Selling. On the other hand, the open Sector adopts a variety of differential models, but shares the scale benefits of the Platform
Luo Huancheng, General Manager of Advantech (China)
Mr. Luo further pointed out that a very important strategy for Advantech's growth in the next stage is the three-tier enterprise strategic framework of "Platform + Orchestration + Sector", which refers to the existing AIoT + Edge Computing edge hardware platform product group. In addition to the industrial software platform that has been developed for ten years and has gradually matured, the AI solutions and industry knowledge of various vertical industries are added to integrate into a collaborative and common spectrum business model of industrial integration applications.
Advantech's "Platform + Orchestration + Sector" three-tier enterprise strategy framework
"In 2024, in addition to maintaining the strong advantages of the Platform and continuous innovation, Advantech will focus on deepening the strategy of 'Orchestration' + 'Sector Driven', give full play to the advantages of the industrial software platform, focus on key industrial markets, break organizational boundaries internally, and strengthen ecological construction externally. Achieve market value innovation." In order to achieve this goal, Advantech has begun to carry out business organization and mechanism innovation within the company, to achieve cross-business group cooperation, in order to maximize organizational effectiveness. At the same time, ecological construction is one of the key work of Advantech, adhering to the concept of openness, altruism and win-win, gathering industrial strength, focusing on partnership and ecological construction as a long-term strategy, in order to jointly activate new development momentum.
At the meeting, Mr. Luo also emphasized that as a global company based in China, Advantech (China) has always attached great importance to and vigorously increased the construction of localization, on the one hand, constantly establish and invest in Kunshan, Xi 'an, Shanghai, Beijing, Shenzhen, Hangzhou as the center of the local research and development force, and expand the scale of Kunshan manufacturing plant, on the other side actively layout the domestic ecosystem. In addition, in recent years, Advantech (China) is also vigorously developing localized talent construction, e-commerce services, green and sustainable development.
"Industrial software platform +AI" collaborative spectrum to build Advantech moat
CAI Qinan, General Manager of Advantech (China) Industrial Cloud
The recent two sessions have repeatedly emphasized the need to accelerate the formation of new quality productivity and promote the high-quality development of the real economy. CAI Qinan, general manager of Advantech (China) Industrial Cloud, said that the Industrial Internet of Things is an important position to form new quality productivity, and as a leader of the industrial Internet of Things, Advantech is actively investing in the innovation of key technologies such as artificial intelligence, edge AI, industrial software, digital twins, and computing facilities.
In 2024, Advantech proposed a new strategy of "Orchestration Industrial Software Platform" to coordinate the Orchestration with WISE-IoT and EdgeSync 360 series software platforms, enabling customers to quickly complete the development of AIoT applications with minimal development manpower. "The industrial software platform is a new driving force for Advantech to achieve rapid growth in the next decade." Mr. CAI added, "Advantech has accumulated a wealth of mature products and experience in the Edge over the past 40 years, but facing the new opportunities of AIoT + Edge Computing in the future, we will use the industrial software platform to empower hardware products, penetrate the industrial market and create more value."
Advantech's new strategy of "Orchestration Industrial Software Platform"
At the meeting, Mr. CAI also further introduced Advantech's layout in the "AI+ Industrial Internet of Things", especially the application of AI large models to specific scenes of industrial manufacturing. On the one hand, AI can integrate deep professional knowledge, and do some index of AI knowledge tools in the operation of industrial sites and the development of industrial applications, which is expected to bring the popularity of experience and the value identification effect of productivity improvement. On the other hand, Advantech has worked with excellent AI partners to bring Data AI and Vision AI capabilities to specific scenarios.
