Practicing Digital Transformation by Developing New Smart City Business

摘要

Sparkled by the development of clouding computing, big data, Internet of Things, and mobile computing technologies, digital transformation becomes an important theme across all industries. First, this conceptual paper analyzes the trend of digital transformations within the telecommunications industry both in China and around the world. It points out that broadcast television providers should focus on transitioning to the next-generation network and smart city businesses as main practices of digital transformation. As a case study, the challenges and opportunities ahead of China Radio and Television Network Co., Ltd. (CRTN) under the digitization trend are identified. Secondly, the paper proposes a SMART strategy for digital transformation and argues that the strategy applies well to corporations like CRTN. Thirdly, the paper studies the concepts, standards, and technologies of Smart Sustainable City proposed by ITU and the New Smart Cities being developed in China. Finally, the paper presents the Fiberhome's Smart ICT 2.0+ solutions and states why they are suitable for CRTN's digital transformation.