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Industrial Fulian's Strategic Expansion As more and more companies invest in digitization, companies need to expand beyond their core businesses to stay competitive. Industrial Fulian, for example, is a Taiwanese multinational that has accumulated vast data resources and manufacturing experience over the past 30 years. With its internal factories serving as testing grounds, the company has launched the Lighthouse Navigator program in 2021. Through this program, the company partners with "Lighthouse Networks" members and other technology service providers to promote proven digital cases to more manufacturing companies. The aim is to build and discover new lighthouses in multiple industries and extend digital solutions to other industrial value chains.
Government Support for IIoT in China The Industrial Internet of Things has been a hot topic in China since 2017 when the State Council issued a guideline on deepening the development of the "Internet Plus Advanced Manufacturing" policy. In the following year, the Ministry of Industry and Information Technology (MIIT) formed a special Internet of Things workgroup and published the "Industrial Internet Development Action Plan (2018-2020)," which calls for the establishment of the industrial Internet infrastructure and industry system foundation by the end of 2020. This support has opened up new opportunities for companies like Industrial Fulian to tap into new verticals and diversify their offerings.
The Importance of Strategic Preparedness for IIoT As Industrial Fulian continues to expand its business lines and consolidate its position in the IIoT market, it is essential that the company maintains strategic preparedness. The company has set out a "2+2" strategy aimed at strengthening its "smart manufacturing + Industrial Internet" capabilities and extending them to new areas such as semiconductor packaging and new energy vehicle components. The ultimate goal is to become a one-stop-shop that provides comprehensive digital solutions instead of just point solutions. In addition, Industrial Fulian has built six Lighthouse factories and worked with industry leaders such as CITIC Dicastal and MINTH Group to create lighthouse benchmarks. These initiatives highlight the company's potential to be a success story in the IIoT market, despite its shares falling just four months after its initial public offering in 2018.
The Role of AI Servers in the IIoT Market At present, Industrial Fulian's AI servers have been developed to their fourth generation. As the market for AI servers grows, driven by cloud computing and AI, these servers could lead to improved profitability for the company's cloud computing business. IDC, an international research organization, predicts that the compound annual growth rate of the global AI server market will reach 17.3% between 2021 and 2026. This growth potential has attracted the attention of more than 200 investment institutions, highlighting the company's relevance in the IIoT market.
In conclusion, Industrial Fulian's Lighthouse Navigator program, government support, strategic preparedness, and AI servers are all essential to the company's success in the IIoT and Industry 4.0 market. By extending its digital solutions to other industrial sectors, the company can remain competitive in the constantly evolving and dynamic world of IIoT.
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