Emerging technologies drive continuous improvement in the software industry

2024-09-05

The data released by the Ministry of Industry and Information Technology shows that from January to July, China's software and information technology service industry operated well. In the first seven months, the software business revenue was 734.29 billion yuan, a year-on-year increase of 11.2%, the total profit was 875.4 billion yuan, a year-on-year increase of 12%, and the export was 30.77 billion US dollars, a year-on-year increase of 2%. Pu Songtao, Deputy Director of the Institute of Information Technology and Software Industry at CCID Think Tank, stated that the development of the software industry is driven by both endogenous innovation momentum and external demand for digital transformation. Driven by emerging technologies and policies, the software industry is expected to experience multiple growth drivers. In the second half of the year, emerging software technologies such as cloud computing, big data, and artificial intelligence will continue to generate new growth points for business and drive the continuous increase of software business revenue. At present, many enterprises such as Baoxin Software, Dingjie Software, and Xinzhi Software are laying out large-scale models to empower the development of industrial software, injecting new momentum into the innovation of the industrial software industry and promoting new industrialization. From January to July, software product revenue reached 165.24 billion yuan, a year-on-year increase of 8.9%, accounting for 22.5% of the industry's total revenue. Among them, the revenue of industrial software products was 156.4 billion yuan, a year-on-year increase of 10.5%. Industrial software is a shortcoming in the development of manufacturing industry. The establishment of a sound and strengthened system and mechanism for the development of key industrial chains such as industrial software and basic software, as well as the promotion of technological breakthroughs and the application of achievements throughout the entire chain, have been included in the decision of the Third Plenary Session of the 20th Central Committee. According to Wang Jianmin, a professor at the School of Software, Tsinghua University, industrial software can be divided into R&D and design, production control, business management, service guarantee, industrial Internet, etc. Among them, the development of design software, especially 3D CAD geometry engines and high-performance CAE solvers, is difficult and time-consuming, requiring patient capital to vigorously promote independent innovation; The industrial Internet and other new software are running side by side with the world in general, and have certain characteristics and advantages in the direction of industrial software such as industrial big data and industrial intelligence. From a regional perspective, from January to July, the growth rate of software industry revenue in the western and northeastern regions slightly increased, and the business revenue of major software provinces continued to improve. Among them, the software business revenue in the Beijing Tianjin Hebei region reached 1881.4 billion yuan, a year-on-year increase of 14.3%, with a growth rate 3.1 percentage points higher than the national level. According to data from the Beijing Municipal Bureau of Economy and Information Technology, the information software industry has become the first pillar industry supporting Beijing's economic development. The software business, consisting of four segments: software product revenue, information technology service revenue, information security revenue, and embedded system software revenue, has generated over one trillion yuan in revenue in the first five months of this year, ranking first in the country. The forecast released by the Software and Information Technology Services Industry Situation Analysis Research Group of CCID Think Tank shows that China's software industry will maintain a stable and positive overall foundation in 2024, demonstrating stronger resilience and vitality in the constantly changing domestic and international environment. It is predicted that the software business revenue growth rate will be around 11% in 2024. (New Society)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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