China’s industrial software development still needs 3-5 years

REM630 At the Expo this year, Siemens demonstrated the trusted actuarial and traceability solution of the product carbon footprint of blockchain technology in the “Zero carbon zone” set up for the first time, which can accurately calculate and track the carbon emission data of products in the factory manufacturing process for enterprises, and use blockchain technology to build an encrypted trust network. Transparent integration and sharing of relevant data from suppliers at all levels without data being tampered with.

REM630 In the critical period of the transformation of China’s industry from “manufacturing” to “intelligent manufacturing”, China is also actively promoting independent and controllable industrial software, and the trend of localization of upper application software manufacturers has been further strengthened, which has also formed pressure on multinational giants that have dominated China’s industrial software for a long time.

REM630 In this regard, Xiao Song said: “I think it is a very good thing for Chinese local software companies to develop, because only when your peers grow up, you can develop better, which is one of the reasons why Siemens has been able to thrive for 170 years.”

REM630

REM630 “Industrial software will promote the development of China’s industrial Internet,” Zhang Weixiong, head of Greater China TMT consulting services at EY, told First Financial reporter. “Advanced industrial software is still in the hands of multinational vendors, such as EDA software.” However, he also stressed that driven by national policies and demand, domestic manufacturers have gradually developed, but it is expected to take 3-5 years to form an ecosystem.

REM630 “We expect that by 2025, we may see several leading Chinese industrial software vendors come out, such as reaching the level of the world’s top five, and then we can say that China’s self-developed industrial software can really meet the needs of China’s development.” Zhang Weixiong told the first financial reporter.

REM630 Despite growing competition at home, multinational software vendors remain optimistic about China’s open business environment. According to Luo, the CIIE shows the strong resilience of the Chinese economy and the vitality of innovation, allowing multinational companies to showcase advanced technologies.

REM630 “We are very confident about China’s development. The strong demand for digital applications in China is obvious to all. Dassault Systemes is committed to maintaining investment in the Chinese market and promoting the transformation and upgrading of China’s innovation-driven value chain.” ‘he said.

He believes that in the future, Dassault Systemes will not only provide software for enterprises, but also jointly promote upstream and downstream, including scientific research to achieve breakthroughs. “During the 14th Five-Year Plan period, the Chinese government stressed the importance of basic research and listened to the opinions of scientists, and we will cooperate with more scientists.” Luo Xiwen told the first financial reporter.