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In the 21st century, diversified industries that harness digital technology are indispensable drivers for economic growth. Cities and regions ming to establish global leadership in high-impact sectors such as media, entertnment, retl, and tourism must identify the right technological solutions and partners. Dowson Tong, Senior Executive Vice President of Tencent and CEO of Tencent Cloud Smart Industries Group, provides insights on how global technology giants like Tencent can help build sustnable tech ecosystems.
The Middle East stands as a rapidly evolving economic hub, attracting investors with its dynamic diversification strategies. Countries such as Saudi Arabia are transforming peripheral sectors into key contributors to the national economy under Vision 2030. This includes an accelerated digital transformation that is reshaping industries like media, entertnment, gaming, tourism, and retl.
For cities seeking to become world-class hubs in high-impact sectors, partnering with innovative tech providers is essential. Tencent, with a track record of over two decades serving billions of users through its robust digital ecosystem, is well-positioned to support the evolution of various sectors worldwide. The company offers cutting-edge solutions tlored for media, streaming services, retl, tourism, telecommunications, and other emerging industries that are poised for growth.
The global shift towards digital convergence, immersive experiences, and big data is reshaping traditional business landscapes. Real-time engagement innovations such as real-time communications RTC, advancements in digital twins and audiovideo compression, and the integration ofacross industries are making these experiences more accessible and enjoyable. At the forefront of this revolution,emerges as a pivotal technology that enhances user experiences.
Cloud-Basedfor Real-Time Communications: Tencent provides RTC solutions that elevate in-person events into digital spectacles by allowing millions to stream live content worldwide.
Revolutionary Game Development:tools have streamlined the creation of immersive video game environments, reducing development time significantly while enhancing the gaming experience.
Evolving Digital Avatars: The use of digital avatars has transformed business processes from customer service and sales to virtual tours. Industries ranging from retl to travel can now leverage these innovative tools for enhanced customer engagement.
Tencent acts as a bridge between local enterprises, international organizations, and global businesses, enhancing cross-border connectivity and collaboration through its vast digital ecosystem. The company's extensive network of over 11,000 partners supports the growth of digital ecosystems in markets worldwide, particularly in , communications, gaming, cloud services, and
To achieve success in transforming cities into world-class digital hubs, consider these three strategic steps:
Build Strategic Partnerships: Forge alliances that bring together diverse talent, expertise, and resources necessary for both international expansion and regional development.
Embrace Emerging Technologies: Harness advancements in cloud computing, big data, immersive experiences, and more to capture opportunities across various sectors.
Collaborate with the Right Technology Partner: Select a partner that aligns its innovation capabilities with practical business needs, ensuring operational efficiency, cost reduction, and robust privacy protection measures.
By following these steps, cities can harness the power of technology to build dynamic digital economies that outpace global competition.
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Digital Transformation Strategies for Global Cities World Class Digital Economy Solutions by Tencent Tencents Role in Diversified Industries Middle Easts Vision 2030: Economic Transformation AI and Real Time Experience Revolution Global Connectivity through Tech Platforms