accenture

ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Contents

Newchallenges:Disruptionisthenewnormal3

Newlandscape:Reinventionre-writestherules10

Newjourney:Fivecapabilitiesforsuccess19

ChartingapathtobecomeaReinventor26

Methodology

27

References

28

Abouttheresearch

29

AccentureChinaDigitalTransformationIndex2023

Newchallenges:

Disruptionisthe

newnormal

3ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

TheMacro–Disruption,disruption,disruption

Theglobalmacroeconomicenvironment

hasbecomeincreasinglyuncertainand

complex,drivenbyavarietyofintertwinedforcesincludingpoliticalsensitivities,

weakenedeconomicgrowth,andhigh

globalinflationin2023.Between2017

and2022,Accenture’sGlobalDisruption

Index(GDI)scoretripledoverthepreviousfiveyears,risingfrom30to89outof100

(seeFigure1).Thisincreaseisespecially

significantwhencomparedtothemere4%riseseenfrom2011to2016.Companies

nowfaceapermanentstateofchangeatanunprecedentedpace.Inparticular,technology,consumerpreferencesandclimatechangearedrivingmassive

structuralshiftsinhowtheworldoperates.

Figure1:Aconvergenceofforcesisincreasingdisruption

AccentureGlobalDisruptionIndex

OveralllevelofdisruptionSixsub-components

100

+200%

89

30

2017

2022

Economic

2017

2022

Climate

2017

2022

Social

2017

2022

Consumer

2017

2022

Geopolitical

2017

2022

Technological

2017

2022

Note:TheGDIiscalculatedbyaveragingsixsub-components,includingeconomic,social,geopolitical,climate,consumer,andtechnologicaldisruption.Eachsub-componentisbasedonasetofindicators,andahigherscorereflectsagreaterdegreeofchangeandvolatility.

Source:AccentureGlobalDisruptionIndex(GDI)

4ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

20192020202120222023

Asthespeed,breadthandscaleof

changerapidlyincreases,companies’

transformationisbeingacceleratedglobally

Theincreasinguncertaintyoftheglobal

businesslandscapepresentsnew

challengestocompaniesworldwide.In

recentyears,thespeedoftransformation

hasrapidlyincreased,frequentlyappearingindiscussionswithintheglobalbusiness

community.Basedonanaturallanguageprocessing(NLP)analysisoftheearningsconferencecallsofnearly2,000ofthe

world’slargestcompaniesbymarket

capitalization,Accenturefoundthat

approximately80%ofthesecompanies

consistentlymentionedacceleration-relatedtermsbetweenthefirstquarterof2019

tothatof2023.Thistrendbecomeseven

moreprominentduringtimesofexternal

uncertainties.Forexample,therewasa

noticeableincreaseinthepercentageof

companiesmentioningacceleration-relatedtermsintheirearningsmeetingsduring

Q12020,whentheglobalspreadofthe

COVID-19pandemicbegan,andinQ12022,whentheRussia-Ukraineconflictbrokeout(seeFigure2).

Figure2:Acceleratedtransformationisalreadyunderwayinleadingcompaniesworldwide

Percentageofcompaniesmentioningacceleration-relatedtermsinglobalearningscalls(%,Q12019–Q12023)

100%

90%

80%

70%

2022Q1：

Russia-Ukraineconflict

2020Q1：

COVID-19pandemic

Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1

Note:NLPanalysiswasusedtocountthenumberofmentionsofacceleration-relatedtermsintheearningscallsof

nearly2,000oftheworld’slargestcompaniesbymarketcapitalizationfortheperiodfromQ12019toQ12023,aswellasthenumberofcompaniesmentionedinthecalls.RelatedtermsincludeAccelerate,Fast,AgileandSpeed.

Source:S&Pearningsconferencecalldatabase(N=1,968),AccentureResearch

5ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Variousexternalfactorsaredriving

businessestoacceleratetheir

transformation.AccordingtoAccenture’s

TotalEnterpriseReinventionCxOsurvey,

thesefactorsincludethepaceoftechnologyinnovation,shiftingconsumerpreferences,climatechange,supplychaindisruptionandtalentshortages.Thesefactorsarepushing

companiestoreinventthemselvesfaster

thanbefore(seeFigure3).Theabilityto

quicklyrespondtochallengesandconvertthemintoopportunitieshasbecomea

crucialcompetitiveimperativeforglobalcompanies.

Figure3:Accelerationisdrivenbyvariousexternalforces

%ofrespondentssayingtheforcehasacceleratedtheirtransformation

79%

67%

42%39%39%38%36%34%

46%

Paceof

Shifting

Climate

High

Inflationary

Geopolitical

Supply

Talent

Economic

technology

consumer

change/

energy

pressures

tension

chain

shortages

slowdown

innovation

preferences

regulation

prices

disruption

Source:AccentureTotalEnterpriseReinventionCxOsurvey(N=1516,November2022)

6ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Repeatedpressureonglobalsupplychains

TheGlobalSupplyChainPressureIndex(GSCPI)hasexperienced

unprecedentedfluctuations

duringthepandemic,leadingtoagradualstrengtheningof

Regionalization

Skillstabilitywill

decrease

AWorldEconomicForumreportpredictsthat

42%

ofskillsrequiredbythe

workforceinChinaareexpectedtochangetill2027

Networksecurity

becomesalifeline

ThegrowthrateofChina’s

cybersecuritymarketcontinuestoleadglobally,withan

estimatedcompoundannualgrowthrate(CAGR)of18.8%from2021to2026,ranking

First

intheworld

Sustainabilitybecomesthenewplayingfield

AccordingtotheWorldEconomicForum,by2030thetransition

toanature-positiveeconomyinChinaaloneisexpectedtoadd

$1.9trillion

inannualbusinessopportunities

AcloserlookatChina:Chineseenterprisesarefacedwithmultipleexternalpressuresatonce

Chinesecompaniesarealsoexperiencingacceleratedtransformationarisingfromfactorssuchasaslowdownineconomicgrowth,escalatedgeopoliticaltensions,sustainabilitybecoming

thenewnormal,breakthroughtechnologicalinnovationsandcybersecurityissues.

Economicresiliencefallsshortofexpectations

GDPgrowthrateduringthe

pandemicwaslowerthanthebottomlineofChina’sgrowthtargetfor2035ataCAGRof4.73%.

Consumption,

investmentand

exportsareallunderpressure

Enterprisesprofitabilityisdeclining

FromJanuarytoJune2023,

thetotalprofitsofindustrial

enterprisesabovedesignatedsizewentdownby

-16.8%

year-on-year

Source:NationalBureauofStatisticsofChina,IDC,FederalReserveBankofNewYork,WorldEconomicForum

7ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

connectivity,

energy

Digitaltransformationisadvancingtothenextlevel:Depth,breadthandintegration

Adaptingtochangesintheexternal

environment,Chinesecompanieshave

evolvedanddeepenedtheirdefinition

ofdigitaltransformation.Accordingto

Accentureresearch,inthefive-yearperiodbetween2019and2023,thenumberof

articlesdiscussingdigitaltransformationinChineseenterpriseshasgrownby12times,asignificantsurgeinthelevelofinterest

inthistopic.Furthermore,thetopicsof

discussionhaveexpandedinbothdepth

andbreadth(seeFigure4).

Figure4:Digitaltransformationisprogressing

Evolutionofthesubjectofdigitaltransformationinmedia

May2018-April2019

ExamplesoftopicsNumberofarticles

May2022-April2023

Numberofarticles

Examplesoftopics

Automation,

digitalmarketing

159

Artificialintelligence,cloudcomputing,5G

146

Climatechange,

carbonemissions

58

Digital

transformation

Frontier

technology

Sustainability

Overallstrategy

Digitalinfrastructure andfrontierapplications

Digitaltransformation

Dataintelligence

Sustainability

Talent

2784

Businessintelligence,

businessgrowth,

innovation,

investmentstrategies

2256

Largelanguagemodel,

communicationnetworks,artificialintelligence,

virtualreality

823

Digitalsolutions,

applicationdevelopment,cybersecurity,

datacompliance

686

Dataanalytics,data

smartoperations,

infrastructuredevelopment

1334

Emissionsreduction,

naturalresourcemanagement,greeninitiatives,renewable

721

Culture,jobcreation,

skillsmatching,

remoteworking

Period:May2018-April2019(12months)v.s.May2022-April2023(12months)

Note:GenerativeAIextractstopicsfromChineseandEnglisharticlesonChina’s“Digitalization”from752DJmainstreammediaoutlets,clustersthembyaclusteringalgorithm,andnamestheclustersaccordingtothecontentofthetopics

theycontain.

Source:DJFactiva,AccentureResearch

8ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Moreover,thetopicofsustainabilityin

digitaltransformationhasbecomemuch

moreprominent.Comparedtofiveyears

agowhendiscussionsmainlycentered

onunresolvedenvironmentalissuesand

compliancerequirementsforresource-

basedenterprises,thefocusofdiscussionshasshiftedtosustainabilityasanewsourceofgrowththatenterprisesareactively

exploring.Managingandcultivatingtalent,aswellasfosteringacultureofchange

havealsoemergedasnewtopicsunderdigitalization.

Mostimportantly,Chinesecompanies

recognizethatdigitizationisnotjusta

simpletechnologicalconceptorchoice,but

ratheralife-or-deathstrategy.

Overthepastfiveyears,thediscussion

arounddigitaltransformationhasshifted

fromlocalizedsingle-pointapplicationstoa

moresystematicapproachofconstruction

andupgrading.Technologytopicshave

continuouslyextendedanddeepened:on

theonehand,Chinesecompaniesarenow

placinggreatemphasisondatamining,

digitalsecurity,anddatacompliance;on

theother,astheycontinuetoadvanceand

accumulateexperienceintechnologies

likeartificialintelligence,5Gandcloud

computing,theyarebeginningtoapply

cutting-edgetechnologiestoreal-life

scenarios,shiftingfromexplorationto

in-depth,customized,andmoreflexible

businessapplications.

9ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Newlandscape:

Reinventionre-writes

therules

10ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

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Marketing

Sales

BusinessUnits

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Mergers&

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Finance

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ultran

Build

DigitalCore

atorm

Whileuncertaintyandchangepose

considerablechallenges,theyalso

presentopportunities.Manyenterprises

areseizingtheopportunitytostepup

theirtransformationeffortsandextend

technologytoawiderrangeofprocesses;overhalf(53%)oftheChineseenterpriseswesurveyedplantodoubledownon

digitalizationin2023.

Companiesarestartingtounderstandthat

thecurrentstateofuncertaintyhasledthemtoacriticalpointwheretheyneedtoembarkonanewjourneyofdigitaltransformation,

withfreshchallengesintheformofTotal

EnterpriseReinvention.Companiesmust

re-evaluatetheirtransformationstrategies,takeaholisticviewtomaximizethebenefitsoftechnology,andtransformdiversified

challengesintomultipleformsofvalue,

reinventingtheorganizationfromabroaderanddeeperperspective.

TotalEnterpriseReinventionisadeliberatestrategythataimstosetanewperformancefrontierforcompanies

andinmostcases,theindustriesinwhichtheyoperate.

Centeredaroundastrongdigitalcore,ithelpsdrivegrowthandoptimizeoperations.

Source:Accenture

11ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Only2%ofChinesecompanieshavebeguntheirjourneyofreinvention

AccordingtoAccenture’sChinaDigital

TransformationIndex2023,2%ofChinese

companiesaremovingtoadoptastrategyofTotalEnterpriseReinvention.Theseforward-thinkingcompanies,or“Reinventors”,are

ambitiousinthattheyrefusetorestontheirlaurelsbutaimatsettingnewperformancefrontiers;theyarepowerfulinaction,

reinventingbusinessesandfunctionswithastrongdigitalcore;andtheychampionmultidimensionalperformance,working

hardtogenerate360°value(seeFigure5).

However,Chinesecompaniesarefalling

behindintheglobalracetoreinvention.

Atthegloballevel,8%ofcompaniesare

Reinventors.Incomparison,thepercentageofReinventorsinNorthAmericanand

Europeancompaniesis8%and6%,

respectively.1

Figure5:2%ofChinesecompanieshavebeguntheirjourneyofreinvention

2%

Reinventors

aremovingtoadoptastrategyofTotalEnterpriseReinvention.

Theyare:

?Leadingwithambition:aimingtosetthenewperformancefrontiernotonlyfortheirown

companiesbuttheentireindustry

?Powerfulinaction:turningtheirdigitalcoreintoakeycompetitiveadvantage,usingittodrive

reinventionacrosstheorganization

?Generatingmultidimensionalvalue:deliveringmultipleformsofvalue,notjustfinancialvalue,ascapturedinAccenture’s360?ValueMeter

Source:AccentureChinaDigitalTransformationCxOsurvey2023,N=553

12ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

TotalEnterpriseReinventiondrivesclearandsignificantoutcomesforReinventors

ThevalueReinventorsgenerateisfarmorethanfinancial,however,theyareactively

managingandachievingnon-financial

outcomestocreate360°value.Accenture’s

ByembracingTotalEnterpriseReinvention

strategy,companieswillbecomemore

cohesiveandrobust,outperformingtheir

peersinbothfinancialand360ovalue.

globalresearchindicatesthat76%of

organizationsthatpursueTotalEnterprise

Reinventionsaysettingnon-financialtargetsisveryimportant,comparedwith30%of

theothers.2Beyondthesurvey,Accenture’sanalysisrevealsthatcomparedwithindustrypeers,Reinventorsperform32%betteron

sustainabilityand11%betteron“netbetteroff”outcomesfortalent.3

Globalresearchhasdemonstratedthat

businessesthatembraceTotalEnterprise

Reinventionhavestrongerfinancial

performance.Infact,Reinventorsreport

generating10%higherincrementalrevenue

growthand13%highercost-reduction

improvementscomparedwiththerest.

Additionally,Reinventorsreportdelivering

1.3timesfinancialvalueinthefirstsix

monthsthanothercompanies—areflection

ofthespeedatwhichsuchcompanies

executeanddeliverincreasedvalue.

Specifically,Reinventorsachieved11.4%

oftheirtargetvalue,whileothershave

achieved8.9%inthesameperiod.

13ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Reinventionopensupanewcompetitivelandscape—andgivescompaniesthe

opportunitytoovertaketheirpeers

Overthepastfiveyears,Accenturehas

emphasizedChinesecompaniesmustrotatetothenewandmakeawisepivottothe

secondgrowthcurve.In2018,only7%of

companiessurveyedwereChampions.Thepastfiveyearssawaten-percentagepointincreaseinthedigitalizationofChinese

enterprises,indicatingsubstantialprogress.

However,duetouncertaintiesinthe

macroeconomicenvironment,Chinese

companiesshiftedtheirfocustooperationsandcostoptimizationin2022.Innovation

effortsweresignificantlydented,asreflectedbyamere1%increaseinthepercentageof

Championscomparedto2021.ItisprojectedthattheshareofChampionswillfurther

Amongthe9%ofcompaniesthatqualify

asChampions,only1%havesuccessfully

evolvedintoReinventors.Interestingly,half

oftheReinventorsarecompaniesthatare

notevenChampions,suggestingthatTotal

EnterpriseReinventionisgivingcompanies

theopportunitytoovertaketheirpeers.

Reinventorsactivelyembracetheideaof

TotalEnterpriseReinvention,understanding

theneedtofullytransformnotonlytheir

businessbutalsothemanagementof

variousfunctionswithintheirorganizations.

Theyapproachreinventionfroma360°value

perspective,recognizingtheimportancein

takingalong-termview(seeFigure6).

decreaseto9%in2023.

14ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Champions

Others

Figure6:FromChampionstoReinventors

%ofcompanies(2018-2023)

100%

0%

7%

9%

11%

16%

17%

9%

201820192020202120222023

1%

8%

1%

90%

2%

Reinventors

Note:Championsarethosecompaniesthatderivedover50%oftheircurrentrevenuesfrom

businessactivitiesbeguninthepastthreeyears.

Source:AccentureChinaDigitalTransformationCxOsurvey2023,N=553

IntheprocessofTotalEnterprise

Reinvention,digitaltransformationis

confrontedwithnew,demanding,and

diversifiedchallenges.Thepathto

transformationisnolongeragradualsmoothcurve,andtherulesofthegamearealso

constantlyevolving.Digitaltransformationisneitheraonce-and-for-allproject,nora

routineincrementalupgrade.Companies

thatchangetheirmindsetearlyandprioritizeTotalEnterpriseReinventionwillhavethe

opportunitytoleapfrogthecompetition,

surpasstheirindustrybenchmarksandbecomethefuturewinners.

15ReinventforGrowth

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AccentureChinaDigitalTransformationIndex

(Reinventedversion)

Perrmance

edby

Build

Digital

Core

Sstai

acrssheE

AccelerateGrowth

OptimizeOperations

05PoweredbyPeople

?Buildnewleadershipcapabilities

?Empoweryourworkforcethroughtechnologyandupskilling

?Nurtureaculturethatembraces

changeandchangemanagement

AccentureChinaDigitalTransformationIndex2023

Accenture’supdatedDigital

TransformationIndexdefinesfivekeycapabilitiesforbusinessreinvention

Since2018,Accenturehasbeentrackingthe

digitaltransformationjourneysofChinesecompaniesthroughDigitalTransformationIndexResearch.Overthelastfiveyears,

Chineseenterpriseshavemadeimpressiveadvancements,withdigitaltransformationinitiativesthathavegrownintermsofbothmaturityandscale.Giventhebreadth

anddepthofdigitaltransformationas

itisnowpracticedinChina,aswellas

emergingglobaltrends,weenhancedthissixthconsecutiveeditionoftheDigital

TransformationIndex.

Basedonourenhanceddefinitionofdigitaltransformation,wehaveexpandedthe

originallistofdigitalcapabilities,identifiedfivekeydimensionsofbusinessreinvention:namely,setthenewperformancefrontier,

integrateacrosstheenterprise,builddigitalcore,embedsustainability,andpoweredbypeople.

ChinaDigitalTransformationIndex

(Reinventedversion)assesseswhereeach

companyisonitstotalenterprisereinventionjourney.TheIndexhasthreelevels,spanningfivedimensions,18businessactivitiesand

48detailedmetrics.Thehighestscore

attainableis“100”andthelowestscore

is“0”.

01SettheNewPerformanceFrontier

Setthenewperformancefrontier,anddevelopyourreinventionstrategy

02IntegrateacrosstheEnterprise

02-aAccelerategrowth

?Refinebusinessportfolio

continuouslythroughincubation,partnerships,andM&A

?Prioritizecustomer-centric

experiencesandinteraction

?Fosteragileproduct&serviceinnovation

02-bOptimizeoperations

?Orchestrateaboundarylessandecologicalorganization

?Leverageintelligentmanufacturingandflexiblesupplychain

?Harnessenterprise-leveldatatoenableautonomousdecision-

makingandresponse

03BuildDigitalCore

?Establishacloud-first

infrastructureandoptimizetherelevantcloudplatformswithaContiuumControlPlane

?BuildastrongdatafoundationandharnessAI/GenAItoolsforlarge

languagemodels

?Createcomposableintegrationseamlesslyacrossplatformsandarchitectures

?Embedsecuritydisciplinesthat

addresstheever-increasingrangeofrisksandthreats

04EmbedSustainability

?Establishsustainabilitygoals

?Promotesustainablebusiness&

products

?Achievesustainableoperations

16ReinventforGrowth

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DigitalTransformationIndex

whe

》

Perrmance

edby

Build

Digital

Core

Sstai

acrssheE

AccelerateGrowth

OptimizeOperations

Continuousiterationof

DigitalTransformationIndex

Therearefourmajorchangesinthenewframework(seeFigure7):

1.Theroleofdigitalcorehasbeen

highlightedandelevatedtoatop-levelindicatorintheframework

2.Talentandsustainabilityarebecomingclearsourcesofcompetitiveadvantage

3.Thescopeofdigitaltransformationisnowbroaderandmoreexhaustive:

reinventionmustnotonlyfocusonnew

businesscreationbutalsoexpandinto

multi-dimensionalchangeacrosstheentireenterprise

4.Pursuingtheleadingedgeofcurrent

bestpracticesyieldsdiminishingreturns;

enterprisereinventionneedtobe

recalibratedtocreateanewperformance

frontier

Figure7:ChinaDigitalTransformationIndexcontinuestoevolve

DigitalTransformationIndex

(Reinventedversion)

Notes:

1)ThepreviousIndexwasstructuredacrossfourlevels,coveringthreedimensions,sixcomponents,18business

activities,52detailedmetrics.Acompany’soverall,anddimension-levelscoresareanaverageofscoresfromnext

logicalleveldown(e.g.,Dimension-levelscoreistheaverageofthetwocomponentsscoreswithinit).Ascoreof100representsthemostadvanceddigitalenterprisethatcanbeforeseenincurrent.

2)TheIndex(reinventedversion)isstructuredacrossthreelevels,coveringfivedimensions,18businessactivitiesand48detailedmetrics.TheDigitalTransformationIndex(Reinventedversion)retains26metricsfromtheoriginalIndex,accountingfor54%ofthenumberofmetricsinthenewframework.

17ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Chinesecompaniesoutperformon

operationsbuthaveroomtobuildtheirdigitalcoreanddeveloptheirtalent

Accenture’sChinaDigitalTransformation

IndexevaluatestheperformanceofChinesecompanies.Thisyear,theaveragescore

acrossallcompanieswas44.However,uponacloserlook,itbecomesapparentthatthe

reinventioncapabilitiesareimbalanced,withanoveremphasisonoptimizingoperationsattheexpenseofothercapabilities.

Onaverage,Chinesecompaniesscored

thehighestonoptimizingtheiroperations,

whichreceivedascoreof58outof100(seeFigure8).Inparticular,Chinesecompanies

haveemphasizedthedigitalintegrationof

businessandfinancialsystemsaswellas

trackinginformationthroughouttheproductlifecycle.However,Chinesecompanieshave

notyetestablishedasignificantadvantageinbuildingadigitalcoreandbeingpoweredbypeople,astheirscoresinthesedimensions

arebelow40.

Attheindustrylevel,companiesperformedbroadlyinalignmentwiththeoverallsample.Allindustriesexcelledatoptimizingtheir

operations.However,eachindustryhad

uniquestrengthsandweaknessesacrossthefivekeycapabilitiesrequiredforreinvention.Currently,high-tech,automotiveand

industrialequipmentindustriesleadthe

packwiththehighestoverallscores.These

industriesalsostandoutintermsofsettinganewperformancefrontier.

Figure8:Chinesecompanieshaveimbalancedcapabilitiesanddivergedindustryjourney

AccentureChinaDigitalTransformationIndex(0-100)

44

Total

HighTech

Automotive&IndustrialEquipment

ConsumerGoods

Natural

Resources

UtilitiesRetail

Chemicals&

Construction

Materials

Life

Sciences

43

01SetNew

PerformanceFrontier

41

02-aAccelerate

Growth

58

02-bOptimize

Operations

39

03BuildDigitalCore

44

04Embed

Sustainability

39

05Poweredby

People

644431

Note:Darkerpurplefillsrepresenthigherscores,whiledarkergreyfillsrepresentlowerscores.

Source:AccentureChinaDigitalTransformationCxOsurvey2023,N=553

18ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Newjourney:

Fivecapabilitiesfor

success

Intoday’scompetitivelandscape,companiesmustproactivelyconfront

challenges,establishthenewperformancefrontierandembraceaculture

ofcontinuousreinvention.Throughanin-depthanalysisofReinventors

andinterviewswithindustryexperts,wehaveidentifiedfiveinitiativesfor

achievingsuccessfulreinvention.

19ReinventforGrowth

AccentureChinaDigitalTransformationIndex2023

Lenovo:

Focusingontechnology,businessandtalent,embracingtotalreinvention

Lenovohasintegratedtechnology,business,

andtalenttoembraceTotalEnterprises

Reinvention.TheirMagellanplatform

providesaccurateandtimelydatasupportforglobalmanagementdecisions.The

globalupgradeoftheERPsystem,alongwiththeconstructionofacloudplatform,hasservedaspivotalfactorsintheir

reevaluationofglobalbusinessprocessesandtop-levelarchitecture.TheGrouphasinnovativelyadopteda“GlobalResources+LocalDelivery”model,leveragingAI,cloud

Furthermore,LenovoGroupemploys

scientificcalculation,continuousvalidation,

iterativeadjustments,andincreased

applicationoflow-carbontechnology

todesignaroadmapforachievingnet-

zeroemissions.TheGrouppromotesthe

developmentofagreenglobalsupply

chainthroughconsensus-building,

rigorousmanagementcontrol,andtraining

empowerment.

platforms,bigdataanalyticsandother

technologiestoestablish