Research On The Development Strategy Of The Cloud Computing Business Of Xingye Shujin

Since the reform and opening up,the average annual growth rate of China's economy was more than nine percent,which has created a miracle in China.However,such extensive development model decided that the rapid growth of China's economy is not sustainable.From the financial sector,due to a variety of factors such as financial disintermediation,interest rate marketization,consumer demands diversification and the decline in the real economy,the operating profit growth of bank industry showed a clear downward trend.How to use new technologies for business transformation is a common task of the financial industryAs a new computing model,cloud computing is one of the most critical technologies in the field of information technology in recent years.In January 6,2015,the Chinese State Council issued the guidance about "Promoting the innovation and development of cloud computing and developing new information industry",which pointed out that cloud computing is a new industry to promote the ability of information technology,achieve on-demand supply and promote full use of information technology and data resources,and a major change and the inevitable trend of the development of information technology.Chinese CBRC also issued in July 15,2016,the guidance about "Chinese banking information technology 13th Five-Year development planning supervision guidance" draft opinion,which pointed out that in "13th Five-Year" period,the banking financial institutions should implement the State Council's guidance mentioned above,and actively carry out cloud computing architecture planning,develop cloud computing standards,establish industry cloud platform together,implement architecture transformation.As we can see,the development of cloud computing industry has risen to the national strategic level,and every industry should use cloud computing technology to promote business based on industry characteristics.The Industrial Digital financial services Limited,with the abbreviation of CIBFintech,was established by Industrial Bank,Global InfoTech,KINGDOM SCI-TECH and Newland Company,with Employee Stock Ownership Plan.The mission of CIBFintech is to provide financial information cloud services for small and medium sized banks,non-bank financial institutions and small and medium-sized enterprises.Also CIBFintech is the main platform to develop digital financial services and financial technologies of Industrial Bank.Based on the macro analysis of cloud computing industry,life cycle analysis of industry,competition analysis of financial industry cloud,and deep analysis of unique competitiveness of CIBFintech,the conclusion can be achieved that CIBFintech should focus on financial industry cloud,take a steady expansion of business development strategy.And then,on the basis of strategic planning system theory including the strategic vision,strategic choice,strategic objectives,business strategy,functional strategy and corporate strategy,cloud computing business development strategy of CIBFintech was achieved,which has a certain theoretical value and practical significance in the cross field of finance,technology and cloud computing.