Tencent’s Post

In its latest article, Forbes explores a fascinating business phenomenon: the erosion of traditional industry lines as a result of digitalisation. These are my key takeaways: 📍During this era in which APIs and cloud applications are common, the concept of 'every company as a software or data company' has become more real. 📍APIs and cloud technology are more than just the latest developments in technology; they’re transforming how companies operate, allowing them to transcend traditional industry boundaries. 📍It opens doors to new markets and collaborations without requiring substantial upfront investments—a transformation that offers both challenges and opportunities. 📍This is a call to action for established companies to innovate and adapt in a time when digital-native startups are reshaping customer expectations. In the modern era, this means an exciting journey of exploration and innovation, in which partnerships and scalability redefine what is possible. This is the moment when the industry is reinvented! 🚀 #DigitalTransformation #Banking #Technology https://lnkd.in/gqkKsp_6

Tech giants are increasingly viewing Southeast Asia as the next significant growth market, driven by the region's rapid digital transformation and burgeoning consumer base. Investments are flowing into various sectors, including e-commerce, fintech, and cloud computing, highlighting the region's potential as a technological hub. This shift is set to enhance digital infrastructure, create new opportunities, and drive economic growth across Southeast Asia. For more information, click here: https://bit.ly/4aytsUW #EconomicTimes #SEAsia #TechGiants #SEAsiaInfrastructure

Corporate technology leaders say they will continue to prioritize efficiency and savings in 2024 as their budgets remain under scrutiny even amid signs of an improving economy. Some said that while their budgets for the new year remain flat, they’re under pressure to deliver new innovations, especially using generative AI. Getting the cash for that means that the cost-control priorities of 2023—from reducing cloud usage and consolidating vendors to negotiating discounts and leaning on automation—will remain in effect into 2024, they said. https://lnkd.in/eJjS3Dib

The latest edition of Mastercard Signals looks at the trends that will shape the future of commerce, building on the rapid advances around AI, data technology and computational power. These are powerful capabilities that will cause a significant shift in digital payments over the coming years. According to Microsoft CEO, Satya Nadella, AI "is as significant as the PC was in the ‘80’s, the Web in the ‘90’s, mobile in the 2000s, cloud in the 2010s." Read more below 👇 https://lnkd.in/eJeQBnJe

🚀 Tech Sector Growth: Powered by AI, Cloud, and Cost Efficiency Value creation is back in fashion at TMT companies, with $15 trillion created over the past five years. AI is already making an impact, primarily in chip companies due to soaring demand for vast processor power. However, companies across TMT should enhance returns by using AI to drive efficiency and revenues. The tech sector achieved a five-year TSR of 20%, driven by AI demand, cloud growth, and strategic cost cuts. The semiconductor subsector posted a 38% TSR, software 17%, and IT services 17%. Strategic investments in AI, cloud, and cost management are key to continued success. To capitalize on this momentum, companies must also reimagine costs strategically and pursue mergers and acquisitions for emerging technologies. The 2024 TMT Value Creators Report highlights top industry players and their strategies for optimizing costs and driving growth. Discover the insights here: https://lnkd.in/gprNMGRx #TechGrowth #AI #Cloud #CostEfficiency #ValueCreation #Innovation #DigitalTransformation Vaishali Rastogi, Derek Kennedy, Ernesto Pagano, Franck Luisada, Simon Bamberger, Nikita Garg, Val Elbert, and Hady Farag

Hey Canada business leaders! Dive into the dynamic landscape of technology and finance in Canada. Explore how digital technologies are reshaping productivity, collaboration, and business models. Discover the potential of Cloud for Financial Services and the pivotal role of AI in our economy. Let's leverage technology to drive sustainable opportunities and regulatory frameworks that support growth. Contact us at [email protected]! #Canada #Technology #Finance #AI

🌏 Southeast Asia draws $69.3B tech investments, led by AI and cloud tech commitments. 🚀 Top investor, Amazon Web Lines, pledges $22.6B, focused on Malaysia. ❗ Investments are often initial pledges, not final executions, highlighting challenges like bureaucracy and unstable power. - Want full insights? Subscribe to Tech in Asia to read the entire article.

Digital platforms are set to provide 70% of new economic value in the next decade. Key to success: 1️⃣Embrace AI & cloud tech 2️⃣Foster a company culture of innovation 3️⃣Create engaging consumer platforms For business transformation, failure through trial and error isn't just a motto—it's a viable growth strategy. With that being said, innovation is great, but to see results, your team needs to buy in. #BusinessGrowth #AI #Innovation

The 2024 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐂𝐥𝐨𝐮𝐝 & 𝐌𝐚𝐧𝐚𝐠𝐞𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 report by 451 Research, part of S&P Global Market Intelligence, forecasts significant shifts in the cloud computing landscape: 🔄 Transition from building to leveraging clouds for digital innovation, focusing on hybrid/multi-cloud and cloud-anywhere operations. 💸 Growing importance of FinOps as organizations aim to optimize cloud costs in a challenging economic environment. 🤖 Increased adoption of generative AI (GenAI) at the edge, enhancing business processes and decision-making. 🔍 Focused approach to modernization, prioritizing specific use cases and business requirements. 📉 Moderation in hyperscaler revenue growth, with AI supporting continued cloud infrastructure investment. 🌏 Rise of digital-native specialists in Asia-Pacific, leveraging deep domain expertise in digital innovation. 🤝 Service providers aiming for trusted adviser roles, driving new technology investments and strategic partnerships. 🌐 Momentum for GenAI in Asia-Pacific economies, with leaders in adoption and exploration being Australia, India, Japan, and China. 𝐋𝐢𝐧𝐤: https://shorturl.at/frY07 #CloudTransformation #DigitalInnovation #HybridCloud #FinOps #GenerativeAI #Modernization #APACTrends #TechAdvisory