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ant digital ceo zhao wenbiao: the core of independent operation is to help enterprises better realize digitalization

2024-09-06

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from september 5 to 7, the 2024 bund conference opened in the shanghai huangpu expo park. during the conference, ant digits ceo zhao wenbiao was interviewed by a reporter from beijing news shell finance during a media exchange meeting. since ant digits became an independent operation in march this year, zhao wenbiao also announced the company's business progress and strategic layout for the first time.
zhao wenbiao is answering questions raised by the beijing news shell financial reporter. photo by luo yidan, beijing news shell financial reporter
after independence, the investment in making the organization more efficient will be reduced, and the energy not related to enterprise digitalization will be reduced.
"i have taken over ant digits not long ago, about 170 days. during these past 170 days, i have been thinking about one question: how to be a good partner in the digitalization of enterprises," said zhao wenbiao.
zhao wenbiao told shell finance reporter, "after independence, we are responsible for our own profits and losses. as a company, we need to consider these things. the first step is how to adjust the organizational formation to make our organizational efficiency more efficient."
in his opinion, the two most important things are: first, how to enable enterprises to enter the digital era more smoothly and realize the digitalization of production and operation collaboration; second, in the era of full digitalization, doing business is not like face-to-face offline, so how to increase trust between collaborations and improve efficiency. "no matter how we go, we have to solve these two problems."
zhao wenbiao told the reporter from shell finance that after independent operation, it is necessary to consider what is the endowment of ant digital technology? it is to help enterprises with digitalization. "there are some aspects that are not related to enterprise digitalization. can we invest less energy or even not do it? so the strategy in this regard will change. but the overall investment in technology and products will not change. so i will serve the real economy better from the perspective of technology, and this will not change."
ant group's subsidiaries will not "race" but will coordinate and cooperate with each other
at present, ant group has multiple independent subsidiaries. regarding whether these companies will compete with each other in a "horse race", zhao wenbiao replied to the beijing news shell finance reporter that these sectors have their own focus and positioning. "oceanbase is a database, and ant digital technology will not do databases. ant international is engaged in cross-border payments, and we will not do that either. ant digital technology is very simple. in the past ten or twenty years, many technologies that have been accumulated in ant group and even alibaba, including blockchain and ai technologies, are what ant digital technology will do. how to serve our real economy and help enterprises with digital transformation. therefore, there is no "horse racing" mechanism, but mutual coordination and cooperation. for example, if an enterprise's digital transformation requires a database, we will work with oceanbase to help the enterprise with digital transformation, so we are in a relationship of mutual coordination and common improvement."
zhao wenbiao revealed that the number of ant financial's customers increased by 35% in the past year. many of its products have achieved the first market share in their respective tracks. he said that going overseas is one of ant financial's important strategies. in the future, it is expected that ant financial's overseas business will contribute one-fifth of the total revenue and become an important development direction. previously, ant financial announced that the revenue growth rate of its overseas business will reach 300% in 2023.
zhao wenbiao believes that as the digitalization of industries gradually enters the deep water zone, the simple integration of digital technology and traditional industries can no longer meet the development needs. the digitalization of industries must transform from a single point to a global efficiency improvement, and from a single to a full path upgrade.
focusing on the diversified needs of industrial digitalization, ant digital has formed three major business segments: abc. the first is cloud services (cloud+), which help enterprises enter the digital "cloud" stage and build a more powerful technology engine. the second is ai services (ai+), which use ai technology to reconstruct and upgrade the efficiency of risk control, marketing and other scenarios, helping enterprises to establish competitive advantages in the era of large models. the third is blockchain services (blockchain+), which build industry trust through technology, improve digital collaboration efficiency, and accelerate the circulation of data assets.
it is worth noting that ant digital has made remarkable achievements in going global. zhao wenbiao revealed that at present, the digitalization demand in emerging markets such as southeast asia is strong, and technology going global has become the main engine for chinese companies to go global. "ant digital is also actively promoting the technology going global strategy, and will increase localized operations through various strategies such as ecosystem co-construction to seize the digital transformation opportunities in emerging markets such as southeast asia."
it is understood that in 2023, ant digital's overseas revenue grew rapidly by 300%. its mobile development platform mpaas, security technology zoloz, and web3 technology service platform zan have served hundreds of overseas partners, covering multiple scenarios such as telecommunications, finance, and government affairs.
luo yidan, financial reporter of beijing news shell
edited by wei boya
proofread by zhao lin
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