Xing: Cloud computing and big data are market pillars

2013 is a comprehensive implementation of the 18 spirit of the beginning of the year, but also unswervingly deepen the reform and opening-up, to build a well-off society to lay a solid foundation for the implementation of "Twelve-Five" planning the key to the past year. The sixth (2013) Global Outsourcing Conference was held in Wuxi, Jiangsu Province, China, June 14, 2013-16th in the reputation of "small Shanghai". The theme of this conference is "Cross-border cooperation and urban transformation under the wave of service outsourcing". Beyondsoft Technology (27.77, 0.07, 0.25%) vice president of North American Business Group Xing (Global Outsourcing 100 companies) delivered a wonderful speech at the sixth session of the Global Outsourcing Conference, "Globalization of economy--outsourcing, cloud computing and Internet services under innovation and change". The following is a transcript of the speech:

Good afternoon,
! Most of my data came from the United States, I used English speaking. My name is Xing. My company name is Beyondsoft technology, this is my personal introduction, this is some of my previous positions. I'm involved with a lot of small companies, like AF data, so I have a chance to understand what's going on in the industry and get a better understanding of Silicon Valley's trends.


next to you briefly introduce our Beyondsoft company. Beyondsoft is the world's leading outsourcing company, and now we are the largest outsourcing company in market value and a listed company. Our company was founded in 1995, in the world we will have more than a lot of such talent as well as a number of research centers and delivery centers, there are 18 delivery centers. In the past we served in the IPO, BPO and other industries, various areas of the company. In the world we have different customers, High-tech, financial, telecommunications, some customers. This was before I worked as a director at AF company, a small company in Silicon Valley. The problem with the data company is that the data is being processed very slowly and at a very high cost. There are big problems when migrating large data, and we offer them some solutions.


Next, I will introduce the content of my speech today, I know time is more tense, more limited. In my speech I will explain what the future outsourcing industry will be like, we talk about cloud computing, mobile Internet, what kind of development we will have in the future, and how we can look at these trends. What are the trends of these technologies, such as trends in cloud computing, trends in big data, and how these trends affect our future. This is a short film, which I like very much, is about Silicon Valley. Corning is a very big creative enterprise in the world. It's a daily life. This is an example of what the future will be like.


(VIDEO)


because time is limited, this short film is not finished yet. In this video we talk about what is going to happen in the future, what is the future life? Everyone likes this kind of scene. I think one question to ask is how we can achieve such a vision. There are many technologies that support our vision. Next we'll talk about what the technology is. First, discuss Cisco's vision. The King of everything, everything can be connected to the Internet even a drop of water in the future can be interconnected. In Wuxi we also see a great trend and potential in the future, we can make the whole city connected with the Internet, everything, including lighting, metope can be networked, so that people's lives more safe and efficient, farmers can also use the Internet, so there are many possibilities.


The question we have to ask in this industry is where does our profit come from? This is what we should consider as a business. These data are data from Cisco this year. By 2020, IoT had 5 major drivers, and we were talking about the utilization of its assets at 2.5 trillion dollars. You can see clearly from this figure that the interest rate on assets is 2.5 trillion dollars, which is very large data. And we can see this innovation, innovation can bring us 14.4 trillion of dollars of value, we see such a process from asset to employee productivity, to logistics, to employee to customer experience. In this picture we can also see that there are three aspects that can bring us the greatest value, one is the staff, our new generation of employees or talent, in this talent can bring us 2.16 trillion of value. So in the future we have more of these things connected to the application. Now that everything is fine, let's explain the principle. IoT to the cloud to move is such a dream, we have not yet achieved such a dream, from IoT to cloud, we need such technology, we need such as cloud computing, cloud computing to help us end up in the cloud as a platform, we will have a variety of systems, we have different technologies, Some technologies or some systems are incompatible with each other. So we have to find a way to make incompatible networks last compatible, and we need cloud services to do that.


　　This sounds good, so what exactly is the cloud service? We have a survey recently, that is to say from the survey that in 2016, we will see the cost of cloud computing, all the new spending is 90% of the use of cloud computing services, this is North America's trend. Next we look at the global public cloud services, 2009 is the left side of the spending is 1.65 billion dollars. To 3721.html ">2014 years we can see is 5.5 billion dollars. Our industry accounted for 16% and accounted for only 10% in 2009. A lot of people talk about IoT, to cloud computing, our important point is traffic, traffic. This is a big-picture prediction, and in the company I know, there are some big companies and some new companies that will lead the big data in the future. What will the big data market be like? We predict 2011-2017, when large data industry professional services to reach 1.5 billion dollars. We can look at the value of large data on this big data. In the fields of finance, insurance, medical care, manufacturing, we can see that large data can bring great value, is a very big potential market, the market is waiting for us to develop. This big data has the opportunity also to bring the challenge, we look at the challenge is what? The first challenge may be that for some companies big data may reduce the growth of traditional ERP, and I'll tell you a case later. Another challenge is the lack of new talent. So the analysis of large data and the lack of talent such as IoT experts. This is also our challenge, even in the United States, in the education system is also a challenge, we need to improve the education system, it requires a different talent I to support the industry, we so we improve the education system to train the needs of the large data industry, so as to meet the needs of the development of the industry. 5 years ago we didn't hear the big data, but now every big company is saying big numbers. Then every company needs talent, and they all need the talent to analyze big data. Another challenge is that the government, each government, they will have a lot of data, their data are large, a lot of data is not to analyze, we are talking about Open data, government data should be open to the industry, should be open to the public to use. Another challenge is to come from within our industry, that is to say, we need cooperation and coordination in our industry, and we need the cooperation and effort within the industry. Of course, when it comes to challenges, we have some good opportunities and good news. What's the good news? For the industry, we overlook a lot of opportunities in terms of big data, software development and outsourcing. Our market is very big. IOT, big data, cloud such a market will reach 15 trillion such market. In Silicon Valley one months ago I had lunch with the CEO of a public company and we discussedThe problem, he said, was that in the past the industry might have been tens of millions of, but now we can see that it is already a trillion-tier industry, with a significant increase in market capitalisation over the next decade. These will bring new services, and these services will have an impact on the industry.


before we mentioned the company of this industry, we do not know them, but the future of these large data companies they develop very well can create a lot of job opportunities. Therefore, the industry in the future can provide a number of professionals with a lot of job opportunities, especially some college graduates, can help college graduates to employment, but also for our users to reduce costs.


finally summed up IoT now this way of life has begun. Cloud computing, Big data is a key industry, in China I think will be the main pillar of the market, for the next generation of IoT and cloud computing and large data market, China is very important. Limited time I can only talk about here, if you have any need to contact me, thank you!