Chanjet IT Co Ltd suggested an idea of "Smart Company" to support the innovative upgrading of small and micro companies at the 2017 GICC on Nov 17, a leading innovation conference for small and micro companies.

The Zhongguancun-based company is a leading finance and management service provider for small and micro companies.

The conference, jointly launched by Chanjet, Alibaba Cloud, Yonyou Cloud, UC and LKK, gathered more than 100 domestic leading startups, entrepreneurs, experts and scholars. Discussions primarily focused on management, products, marketing and technologies to provide excellent ideas for the transformation of traditional companies.

Yang Yuchun, president of Chanjet IT Co Ltd, proposed his innovative idea of "Smart Company" during the GICC 2017. [Photo provided to chinadaily.com.cn]

Yang Yuchun, president of Chanjet IT Co Ltd, creatively proposed the concept of "Smart Company"–an intelligent business management mode-to backup small and micro businesses that face transformation.

"Smart Company" will adopt a dual-engine organizational structure which is data-driven and network-coordinated. It allows information to effectively circulate among each department in company through instant messaging cloud service within the organization. Meanwhile, the mode can realize timely feedback among enterprises and help companies promptly take various contingency measures.

Yang Yuchun put forward an intelligent operating mechanism with a core of "four systems"–intelligent analysis, intelligent marketing, intelligent sales and intelligent operation to promote turnover traits and effectively lower company’s cost-benefit ratio.

According to a survey conducted by Accenture and McKinsey, there are less than 30 percent of Chinese traditional enterprises involved that are ready to conduct transformation. For traditional enterprises, the focus of transformation is often placed on the existing expertise, but technology integration gets ignored.

The 2017 GICC, a leading innovation conference for small and micro companies, is held on Nov 17. [Photo provided to chinadaily.com.cn]