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IT firms should bet on third platform

Mao1949

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China's IT industry is projected to grow 10 percent in 2014, with "third platform" to be thedriving force of the sector, said an executive at an IT consulting firm.

The third platform, namely the mobility, cloud computing,big data and social network service, is changing, and willprovide vast business opportunities, Kitty Fok, director ofIDC China, said at a forum Tuesday.


As people start paying more attention to their health in thenext 50 years, Fok suggested that IT firms should ventureinto the healthcare industry by combing all the thirdplatform technologies.

However, traditional industries tend to evolve slowly. WhenIT players turn their sights on traditional industries, theyare there to overhaul the traditions and reshape thesecompanies, said Wu Lianfeng, associate vice president ofIDC China.

China has laid out plans to develop the new-generation ofinformation technologies in its 12th Five-Year Plan, whichcontains the "third platform" idea raised by IDC.

The Chinese government has rolled out series of policiesto promote cloud computing, however, it should first focus on infrastructure, especially onimproving the speed of the broadband, so as to facilitate the development of the sector, Foksaid.

Referring to information security, China's investment is far below compared to that of the USand Japan, said Wang Pei, research manager of IDC China. China's spending on this areaaccounts for just 1.03 percent of government's IT expenditure, far below the proportion of theUS (8.9 percent) and Japan (7.2 percent), said Wang.

Government's policies to highlight this issue will drive the growth of the information securitysector in the future, Wang said at the forum.
 

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