CITIC Telecom Showcases Intelligent Innovation and Digital Empowerment at 2024 World AI Conference: A Look at the Future of Industry Integration and Application Possibilities
CITIC Telecom, a leading telecommunications company in the Asia-Pacific region, will be participating in the 2024 World AI Conference to display their innovative use of artificial intelligence and digital technologies. Working together with their subsidiaries such as CTM, CITIC Telecom CPC, China Entercom, and ACCLIVIS, CITIC Telecom will showcase their advancements in AI development and industry integration. This collaboration, under the guidance of CITIC Group, will highlight how AI and digitalization can benefit businesses participating in the "Belt and Road" Initiative, and create new opportunities for global innovation.
In this year's exhibition, CITIC Group is highlighting its strengths in technology, industry, and finance through the theme "Smart CITIC: Creating Possibilities Together". They are showcasing how AI is being integrated into various business areas, showcasing the company's expertise in driving the digital economy's high-quality development.
As a significant part of the emerging consumer market and a crucial element of CITIC Group's "Belt and Road" initiative, CITIC Telecom highlights the themes of "AI+" and "China-France Corridor" digitalization at the "AI+ Computing Network" exhibition zone. The focus is on showcasing advanced technologies like AI, big data, AR, and leveraging global ICT resources. By demonstrating the best practices in various industries, CITIC Telecom assists companies in speeding up their digital transformation journey through strategies like "Going Global" and "Entering China". They are committed to continuous development of digitalization within the "Belt and Road" Initiative, turning concepts into actions and visions into reality.
The "AI+" initiative is aimed at boosting the adoption of digital technologies in various industries.
In recent years, AI has become a key focus of national strategy. It has not only seen significant advancements in technology, data-driven solutions, and policy support, but has also become more integrated across various industries. This year, the Government Report introduced the "AI+" initiative for the first time. CITIC Group has recognized the strategic importance of AI and is working to integrate it more deeply with industrial development, fostering new-quality productivity and modernizing industrial digitalization systems. During this year's WAIC, CITIC Group announced the launch of the "AI+ Action Plan" campaign at a press conference, in collaboration with CITIC Telecom and its subsidiaries such as CITIC Telecom CPC and China Entercom.
During the "CITIC Solutions Accelerate Industry Transformation" session, Mr. Adan Zhan, the Senior Director of Data Science and Innovation at China Entercom, gave a speech on "Global DICT Service Solutions". He highlighted the importance of enterprise globalization focusing on value proposition optimization and compliance under new development initiatives like the "Belt and Road" and "Going Global". Enterprises should evolve their "Going Global" models from product exportation to production capacity enhancement to transform their business models comprehensively. In this transformation, it is crucial to utilize our strengths to offer flexible and modularized "Cloud, Network, Security" DICT services and utilize AI and other emerging technologies to empower enterprises and create tailored application scenarios for different industries, generating new values for businesses.
Furthermore, CITIC Telecom CPC and China Entercom have partnered with CITIC Dicastal, a crucial player in CITIC Group's advanced intelligent manufacturing sector and a top aluminum wheel manufacturer globally, to introduce a new initiative called the "AI+" Action Plan. This plan aims to work together in creating a large-scale industry model for aluminum automotive components.
CITIC Dicastal is the first factory in the global aluminum wheel industry to focus on high-end, intelligent, and environmentally friendly development. They are actively participating in the "Belt and Road" Initiative and promoting the international expansion of Chinese enterprises. Mr. Layton Lok, Chief Vice President of CITIC Telecom CPC, expressed excitement about collaborating with CITIC Dicastal to create a secure, efficient, and fast data network for their global operations and management.
The collaboration between two companies aims to create a new model for producing aluminum automotive parts using AI and big data technologies. CITIC Dicastal's extensive experience in manufacturing will be combined with these technologies to improve various aspects of the industry such as manufacturing processes, research and development, operational decision-making, and environmental sustainability. This partnership will enhance production efficiency, intelligence, and overall smart manufacturing capabilities. China Entercom will contribute its expertise in "AI+ Security" to ensure real-time alerts and information security across CITIC Dicastal's global factories, with a focus on the Belt and Road region. Together, these efforts will strengthen information security measures and pave the way for a new era of innovation in the industry.
The "China-France Corridor" is promoting the growth of new digitalization initiatives.
The main attraction in CITIC Group's exhibit area is the "China-France Corridor", highlighting CITIC Telecom's efforts in supporting businesses in China and France. Mr. Dickson Ip, the Chief Technology Officer of CITIC Telecom, mentioned that this year marks the 60th anniversary of diplomatic relations between China and France. Europe is a key area for CITIC Telecom's resources, leading to the creation of the "China-France Corridor" exhibition to showcase the collaboration between the two countries in digital innovation.
Over the years, CITIC Telecom has strengthened its partnerships with French companies and has been successful in helping them enter the Chinese market. They have worked with a variety of industries, including luxury brands, automotive parts manufacturers, media companies, and professional services providers. Through their integrated platform offering cloud, network, and security services, CITIC Telecom has supported numerous prestigious French companies in establishing a presence in China, expanding their operations, and delivering services in the country. Additionally, CITIC Telecom is committed to assisting Chinese companies in expanding internationally and accessing the French market by offering extensive ICT resources, local technical support, and facilitating secure connections between Chinese and French businesses. This effort contributes to the advancement of the global digital economy.
A multinational manufacturing company is integrating AI and corporate business through an intelligent project. The China Entercom team is using AI and big data to create a material forecasting solution for the customer's global supply chain. This solution aims to lower costs and increase efficiency. The team's goal is to improve the accuracy of the forecasting system to more than 80% within the next 6 months. The solution combines market trends, past sales data, seasonal patterns, and economic indicators, using machine learning algorithms to predict changes in market demand.
Mr. Dickson Ip stated that CITIC Telecom is committed to serving as a connection between French companies, using cutting-edge digital technologies to seek out more chances for collaboration in areas such as smart manufacturing, smart retail, and smart cities.
Boosting digitalization within the "Belt and Road" Initiative by introducing new advancements and enhancing progress across different industries.
The main focus of the "Belt and Road" Initiative is to promote connectivity. CITIC Telecom has been actively participating in the Initiative since its launch, following a strategy of expanding globally and entering the Chinese market. In addition to improving its own global ICT resources, CITIC Telecom is also working on integrating new technologies like AI, cloud computing, and network security. The company is dedicated to assisting global businesses with digital transformation under the "Belt and Road" Initiative, supporting the growth of Chinese and foreign companies in various industries worldwide.
CITIC Telecom operates in 160 countries and regions across five continents globally. Their network includes almost 170 points of presence, 21 cloud service centers, over 30 data centers, three 24×7 Security Operations Centers (SOCs), and more than 600 service partners worldwide. This extensive network enhances their ability to provide high-quality services to customers and supports their Global-Local strategy.
The digital advancements in the "Belt and Road" Initiative have helped Chinese companies like CRRC Corporation, CITIC Dicastal, NIO, Zijin Mining, and Anton Oilfield Services Group expand internationally by improving their global network coverage in countries along the "Belt and Road". This has also led to better operational management, cost reduction, increased efficiency, adoption of cutting-edge technology, and expansion of their global market presence. Additionally, CITIC Telecom, drawing on its 20 years of experience in China, is assisting foreign enterprises in transforming technology into business value, ensuring long-term stability and growth in the Chinese market.
CITIC Telecom has assisted more than 3,000 businesses with expanding internationally and entering the Chinese market. They have also provided services to over 40,000 local businesses. Additionally, CITIC Telecom counts over 200 Fortune 500 companies among their customers.
Mr. Layton Lok remarked that both Chinese companies expanding internationally and foreign companies entering the Chinese market have a beneficial impact on local economies and promote mutual development. For example, the construction of a high-end intelligent automotive aluminum parts manufacturing base in Morocco by CITIC Dicastal has created over 1,800 job opportunities for local residents. Additionally, a French-owned beauty company has established its North Asia headquarters in Shanghai. Utilizing digital solutions, this company has improved its market presence and reach in the Yangtze River Delta region, addressing the integrated development needs of the area.
Stop by and see us at Booth H1-B101.
Artificial intelligence (AI) is a prominent digital technology in today's world. Its widespread use in various industries and creative applications helps businesses improve their value and undergo transformation. Stop by the CITIC Telecom booth H1-B101 to see our innovative accomplishments and collaborate on integrating digital technologies in new ways.
Attend the 2024 World AI Conference for the latest insights and developments in artificial intelligence. For additional details, please check out the website www.cit
Other articles you may be interested in:
– Leader will be introducing their ZEN-W Series of advanced analyzers at IBC 2024
– Pickering Interfaces will be showcasing their industry-standard switching and simulation systems at the SMD Symposium
– Check out ROCKA branded products at the upcoming SMTA Long Island, Michigan, and Ohio Expos
– Green Circuits will be demonstrating their advanced PCB solutions at the Small Sat Conference 2024
– Ras Al Khaimah will be hosting a Sustainable IT Summit for global tech leaders
– Vicor will be presenting innovative power solutions for high performance computing challenges at Tech Taipei 2024.
DENSO has released their financial results for the first quarter. Ascentron has improved their hand soldering line by upgrading to the Ersa i-CON 1 MK2. CUI Devices has introduced new tweeter models to their line of speakers.