Study On The Transformation From IT Service To Internet-based Service Of UP Company

In recent years, the Internet has developed into the fundamental framework and infrastructure of the whole society. At the same time, the Internet is playing a revolutionary role in reshaping the all walks of life in the third industrial revolution. With the continuous improvement of the Internet industry, the innovation capability of application service has been significantly enhanced, and the ability of information security has also been greatly enhanced. Currently, the Internet has become the platform for "Mass Entrepreneurship and Innovation" and the engine of industrial integration and economic transformation and upgrading. It has been the key elements of the new power for economic development and to achieve the New Normal of economic and social sustainability.After SWOT analysis of its business, UP Company decided to grasp the opportunity of the development of Internet convergence in economic and social societies to carry our mergers and acquisitions as well as steadily develop in its fundamental business. Meanwhile, it will positively seek the new area of potential business development and R&D in the operation and maintenance management in the Internet, especially in the field of mobile Internet. Furthermore, it will optimize and strengthen and enrich the company’s business structure through mergers and acquisitions activities so as to build a solid foundation for the sustainable development of the company. Considering the basic situation and the main business, UP Company will focus on the business operation and maintenance management by actively promoting the integration communication service implementation and market development, vigorously carrying out Internet game development and distribution; expanding the business of Internet of Things with "Wisdom Line" strategy, under the premise of maintaining the regular operational support services for Fetion and agricultural ICT. Besides, UP Company will actively layout online education business and Internet financial business; actively carry out the e-commerce of food ingredients, promote the Internet business innovation by studying the "Big Data", and promote the overseas market actively. It will actively promote the development strategy of "Internet plus core business" combined with the company’s business advantages.