Baidu’s total revenues were RMB 33.1 billion (US$5.19 billion) in Q4 2021, increasing 9% year over year. Total revenues in the full year of 2021 were RMB 124.5 billion (US$19.54 billion), increasing 16% year over year.
In a relatively short time, China has become one of the world’s largest digital economies. Thanks to the support of nearly one billion internet users, China’s e-commerce sales rose to $1.7 trillion in 2020, accounting for about 30% of the country’s total retail sales. But scale is not the whole point of the story. Innovation […]
By 2022, 80% of China’s top 1000 companies will invest in internal learning platforms and third-party training services, and gradually adopt new skills and work style changes brought about by AI. By 2023, more than 15% of consumer-centric AI methods and systems in China’s financial, medical, government and other regulated public sectors will explain the […]
Baidu shares top 10 technology trends in 2022 including large-scale pre-training model, AI for science, AI-powered computational biology, integration of quantum hardware and software, autonomous driving, deep space exploration, human-machine symbiosis, green AI, and Inclusive AI. As we begin 2022, with the global pandemic continuing to bring turmoil and the global economy facing numerous challenges, […]
Baidu opened Baidu Create 2021 on 27 December, the first day of a three-day annual flagship developers’ conference on its metaverse app XiRang. The event was also China’s first-ever metaverse technology symposium.
IDC predicts that by 2025, China’s Internet of Things (IoT) market spending is expected to reach approximately US$300 billion, with an annual compound growth rate of 13.0% in the next five years. In 2021, the global IoT expenditure will reach US $754.28 billion, and is expected to reach US $1.2 trillion in 2025, with a […]
Enterprises need to consider nine aspects of digital priority in the next two years: wireless connection, personalization, digital twin, edge data, domain intelligence, mixed work, security and privacy, remote operation, and software innovation, according to the CEO of IDC China. The 14th five-year plan is the cornerstone of the development trend of China’s ICT market, […]
China’s artificial intelligence (AI) market will reach 205.8 billion yuan (US$31.74 bn) in 2021, with a growth rate of 30%, and exceed 500 billion yuan by 2025, according to a report jointly published by Intel and Deloitte. There are about 5,015 AI-related enterprises in China, including 4484 growth AI enterprises, accounting for about 90% of […]
China’s AI public cloud service market reached 2.41 billion yuan (US$370 million), accounting for 10.4% of the overall AI software market. IDC estimates that by 2025, the proportion of public cloud services in China’s AI software market will reach 36.1%. China’s AI software market reached 23.09 billion yuan in 2020, about 60% of the US […]
In 2020, the overall scale of the big data market in China exceeded US$10 billion for the first time, with a year-on-year growth of 15.9% over 2019, according to data from IDC. In the long run, China’s big data expenditure shows a steady growth trend as a whole, and the total market volume is expected […]
More than 60% of Chinese executives say Chinese companies will become more competitive in the face of European and American companies than they used to be. In contrast, 40 percent of North American executives and 45 percent of European executives say the market will be less competitive than China after the outbreak. In recent research […]
Digital transformation is not accomplished overnight, and “technology + business” will have a long-term running-in process. The future will be an era of the interconnection of all things, and connection will be the core element of bridging the gap and releasing digital value. IDC releases forecasts for China’s future connectivity. 1. Digital transformation challenges By […]
50% of China’s top 2000 enterprises will use AI to develop risk-based operational decision guidance and insight; the time to market will be reduced by 55%, according to forecasts from IDC. 1. AI risk decision By 2026, 50% of China’s top 2000 enterprises will use artificial intelligence to develop risk-based operational decision guidance and insight, […]
Baidu (NASDAQ: BIDU) holds the most AI-related patents and has filed the most AI-related patent applications of any company or organization in China, according to a recent study published by China’s Ministry of Industry and Information Technology (MIIT). Baidu has been granted 2,682 AI-related patents and has filed a total of 9,364 AI-related patent applications […]
Alibaba Group revealed its New Manufacturing model for the first time with the unveiling of Xunxi Digital Factory (“Xunxi”) on 16 September 2020.