Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China

Research Article

Digital Transformation on the Example of the Chinese Company Shanghai Anshuo Information Technology Co., Ltd. When Entering the International Market

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  • @INPROCEEDINGS{10.4108/eai.18-11-2022.2326852,
        author={Peng  Zhang and Timofey  Mazurchuk},
        title={Digital Transformation on the Example of the Chinese Company Shanghai Anshuo Information Technology Co., Ltd. When Entering the International Market},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2023},
        month={2},
        keywords={component; digital revolution digitalization international trade digital technologies supply chains transformation regulation},
        doi={10.4108/eai.18-11-2022.2326852}
    }
    
  • Peng Zhang
    Timofey Mazurchuk
    Year: 2023
    Digital Transformation on the Example of the Chinese Company Shanghai Anshuo Information Technology Co., Ltd. When Entering the International Market
    ICEMME
    EAI
    DOI: 10.4108/eai.18-11-2022.2326852
Peng Zhang1,*, Timofey Mazurchuk2
  • 1: Department of National Economy Peoples' Friendship University of Russia
  • 2: Peoples' Friendship University of Russia
*Contact email: 1032208718@rudn.ru

Abstract

The intense development and diffusion of digital technologies around the world in recent years has greatly changed the face of key sectors of the economy. More and more companies are looking to digitalize their business processes. This significantly reduces transaction costs and increases the volume of economic activity. Global competition is emerging on the Internet. In these conditions, the ability to process and analyze large amounts of data becomes the main factor of competitive advantage for the company. Thus, business development is determined by the ability to very quickly respond to customer needs and quickly bring new products and services to the market through electronic sales channels.