In 2023, large language models and generative AI emerged, and from the initial mystery and excitement, it quickly evolved into a large number of vertical industries’ thirst for its numerical intelligent application ability. Over the past three years, companies of all sizes across the globe have seen the far-reaching effects of uncertainty, even regional and industrial stalling and shutdowns. After these experiences, enterprises are more deeply aware that in order to be able to predict risks, have enough ability to fight uncertainty, and become the mainstay of the industrial chain, digital transformation is the necessary and only way.
According to IDC’s Global Digital Transformation Spending Guide, the global digital transformation investment scale exceeds $1.5 trillion in 2022 and is expected to pass the $3 trillion mark in 2026, with a five-year compound growth rate (CAGR) of about 16.7% from 2021 to 2026.
Focusing on the Chinese market, with the support of the “Digital China Construction overall Layout Plan” and other favorable policies, the demand of end users in all walks of life for digital transformation continues to increase, and China’s digital transformation market will maintain a rapid growth trend. According to the latest data from IDC, by 2026, China’s digital transformation spending is expected to exceed $600 billion, with a five-year compound growth rate of 17.9%, which is among the highest in the world.
“Digital transformation is not achieved overnight, but from throttling to open source, from quantitative change to qualitative change, and finally achieve disruption to reshape business models and promote industrial upgrading.” Shi An, president of Rockwell Automation (China) Co., LTD., told 36KR: “For example, Rockwell Automation’s intelligent operations Rockii solution is the fofodding for future deep changes. After two years of development, its technical integrity, openness and system have been continuously expanded and enriched, and it has become a platform that can carry enterprise digital innovation.”
Rockwell Automation is a global leader in industrial automation, information technology and digital transformation, which has entered and laid out the Chinese market since 1988. As an international famous company with a history of more than 120 years and always at the forefront of technology, Rockwell Automation has also experienced an elephant turn, from its internal drive transformation practice, but also make it better understand the core needs of enterprises for digital transformation in the context of globalization.