Tag Archive | china

How China Invests in Creating Technology Unicorns

How China Invests in Creating Technology Unicorns

While Silicon Valley in California still leads the way internationally, Beijing is hot on its heels. In the period that Beijing saw 29 unicorns, Silicon Valley had 57, but the Chinese cities are ramping up to compete as investors start to look beyond California.

via World Economic Forum

Blockchain Spending will Double in 2018 to Reach $1.5 Billion

Blockchain Spending will Double in 2018 to Reach $1.5 Billion

The United States will see the largest blockchain investments and deliver more than 36 percent of worldwide spending throughout the forecast. Western Europe will be the next largest region for blockchain spending, followed by China and Asia-Pacific (excluding Japan and China).

via Digital Lifescapes

Cloud Computing Migration Set to Ramp Up in China

Cloud Migration Set to Ramp Up in China

Companies in China have been slower to embrace cloud computing, compared to U.S. firms, citing the cost and complexity of workload migrations, as well as added security and regulatory issues, according to a new McKinsey & Co. report.

via WSJ

China Improves Rank in Global Economic Index

China Improves Rank in Global Economic Index

In the last few decades, China has made huge progress in science and technology. This new age of innovation has seen the birth of ‘unicorn’ tech companies like media giant Tencent, the ‘Uber of China’ Didi Chuxing, and the world’s biggest drone builder, DJI.

via World Economic Forum

Asia-Pacific IoT will Reach $291.7 Billion in 2018

Asia-Pacific IoT will Reach $291.7 Billion in 2018

China will account for 64.2% of the overall spending ($187.3 billion) in Asia-Pacific region in 2018. Adoption of IoT technology in other countries are also steadily gaining ground, with South Korea and India accounting for 9.8% and 8.8% share respectively.

via IDC

Why National Leadership of AI Technology is Strategic

The Global Race for Technological Leadership

No technological competition seems more pressing than the global struggle for artificial intelligence (AI) superiority. While the U.S. once dominated AI research, China has made it clear in recent years that they are aggressively working to catch up to (and then eclipse) its rival in the West.

via The Aspen Institute

How China is Driving Industrial IoT Application Growth

How China is Driving Industrial IoT Application Growth

Worldwide information and communications technology (ICT) spending — including new technologies — is expected to exceed $5.6 trillion in 2021 with growth accelerating through the end of the forecast period, according to the latest worldwide market study by International Data Corporation (IDC).

via Digital Lifescapes