from the golden age to the road to transformation: ibm and china's financial industry are intertwined
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it took decades of tremendous changes from ibm's success to the changes in the market environment. with the ioe countdown starting in 2013, ibm's business faced challenges. traditional giants gradually fell behind in the wave of technology, while huawei, with its strong localization capabilities and market advantages, rose rapidly and eventually achieved great success.
huawei's gaussdb database has become the new favorite of china's financial industry and has occupied the market share in just a few years. this change means that ibm has to re-examine its strategy globally and start looking for new directions. although ibm still maintains its technical strength and core advantages, it also faces challenges from technology giants.
however, ibm's success is not accidental. its experience in the chinese market is not only an important result of technological breakthroughs, but also reflects the flexibility and adaptability of corporate strategy. they have not only achieved success in the field of technology, but also established a unique influence in the financial market, which enables them to maintain their leading position in the transformation process.
today, ibm is exploring new directions and new opportunities. they are embracing emerging technologies such as artificial intelligence (ai) and cloud computing, and actively seeking new business models. ibm's transformation journey is full of challenges, but also full of hope.