Fanruan 2023 Smart Data Conference: Accelerate product integration and build a one-stop data application platform

On August 19, the three-day Fanruan 2023 Smart Number Conference concluded successfully in the flower city of Guangzhou. With the theme of "Intelligence·Digital Evolution", this conference opened a main forum, four industry sub-forums, and five major product and scenario application forums. Chen Yan, CEO of Fanruan, Zhang Qiliang, former chief architect of the financial industry of Cisco Greater China, Group General Manager of Shenzhen Absen Optoelectronics Co., Ltd./General Manager of Shenzhen Ruidian Green Energy Technology Co., Ltd. Ding Chongbin, Assistant to the Chairman of Liby Technology Group/General Manager of Digital Intelligence Center Chen Shujie, Financial Writer/Former China Planning Consultant of Huawei Director Deng Bin, General Manager of Fanruan Product R&D Center Chen Min, and Director of Fanruan Data Application Research Institute Mei Jie attended the main forum and met with 1,200+ senior CIOs and industry experts at home and abroad to discuss new digital opportunities and seek digital evolution. New ideas.

Sail against the wind 2022

In his speech at the conference, Fanruan CEO Chen Yan mentioned that “2022 is both collapse and rebirth for me.” Although Fanruan's sales reached a new high this year and achieved growth against the trend, due to objective reasons, internal distribution did not meet expectations. For this reason, he chose to use most of the profits he deserved as dividends to the team. In 2022, his personal year-end income will not be 100,000 yuan.

The meaning of a person comes from goals and interpersonal relationships. When both are denied, confusion is inevitable, but confusion and denial are the bridge to second thoughts for those who do not give up.

"We should keep our feet on the ground. During this year of self-play, I have a new understanding of Fanruan's corporate mission and vision."

Starting from internal lean management, he firmly believes that data is productivity: Chen Yan took Fanruan as an example. In a previous data review, he found that there was a tens of millions of projects in the early stage, but because it was not synchronized to Fanruan’s internal information management system, As a result, more than 1 million has expired and has not been recovered. "This is a lesson worthy of 'reflection'. Not only is it a loss of millions of profits, but it also reminds us that our internal digital construction is not enough." "Using data to speak is a mandatory requirement I have for all the students I work with this year." Chen Yan emphasized.

Hope to grow into the world’s number one data company: One of Fanruan’s missions is to “grow healthily into a world-class century-old enterprise.” Before 2022, Chen Yan’s understanding of it is long-termism and doing stable and correct things.” But this is too abstract. Now I want to give it a clear definition and grow into the world's number one data company. In 2022, I visited the R&D center of a Fortune 500 car company, and they told me that Fanruan's products solved the problem It’s a business pain point that they haven’t solved in 20 years.” “I want to fight again.”

"Going deep into the front line" is the prerequisite for providing higher quality products and services: Fanruan never does anything that is divorced from the actual needs of customers. If you want to feel the value and shortcomings of products and services, "going deep into the front line" is the prerequisite and the only way.

"Responsibility and trust" provide industry-leading income: Chen Yan mentioned that during difficult times, he once asked key students what was the reason for perseverance? More answers were "Be responsible for the team. Even if you quit, I hope that the next person will lead the team well." This kind of trust makes Chen Yan more determined on his own path and mission.

The night is inevitably dark and cool, but there must be light as we move forward. Fanruan 2022, which is going up against the wind, is reshaping its inner self, evolving and growing, and welcoming the future. Just like Fanruan's name, Everything will be "Fine".

Harmony and symbiosis

Create a “1+1>2” product system

“Integrating data into the entire process of business operations, management, decision-making, and strategy formulation is what Fanruan’s research and development team is doing.” At this year’s Intelligent Number Conference, Chen Min, general manager of Fanruan Product R&D Center, shared that Fanruan The latest product planning elaborates on Fanruan’s product development from four aspects: data asset platform, product integration, scenario application, and AI technology.

1. Building a data asset platform: The traditional model is to put BI directly on the data platform, which often leads to the problem of "data gap", causing system data to be inconsistent with business needs. The "data asset platform" that Fanruan will build next is like It is the bridge in the middle. Through this platform, the underlying data and upper-layer applications can be connected in series to achieve a true "begin with the end in mind" and a three-dimensional "full-link blood relationship", helping customers make better use of both data center and BI. It also provides a new idea for enterprises that do not have a data center.

2. Product integration and integration: At present, Fanruan has straddled the dual tracks of BI and zero-code, and has achieved the number one market share in both. Its product capabilities have been verified by the market. In the next step, Fanruan will focus on product integration, including data interoperability. Fusion, deployment integration fusion, application layer fusion, etc. For the deployment integration part, Fanruan spent two years building a new function "Operation and Maintenance Platform" for the product. All subsequent Fanruan products can be managed and deployed through this "Operation and Maintenance Platform" and installed with one click.

3. Scenario application: Relying on 89,000 informatization construction projects for 26,000 customers, Fanruan will focus on creating industry scenario applications in the next step, such as the previously launched "E Data Communication", which provides an integrated solution from data acquisition to analysis for the e-commerce industry. The solution covers product selection planning, supply chain operations, advertising and marketing, customer operations, financial accounting and other business scenarios.

4. Regarding AI: We will continue to deepen our core capabilities and pursue investment in advanced technologies. In the future, FineBI will actively follow up on AI technology on the basis of ensuring mobile terminal upgrades and theme model optimization, further reducing product operation thresholds, and co-creating with customers at the appropriate stage.

Chen Min mentioned that enterprise digital transformation often goes through five stages: information fragmentation, business digitization, data valorization, digital platformization, and intelligent ecology. Currently, most of the leading companies in various industries have passed the data valuing stage. We are seeking to transform into a data platform, and Fanruan will also accompany customers to complete a new round of digital upgrades.

New product FineDataLink4.1 released

Accelerate enterprise-wide data integration

"The data preparation process often takes 2/3 of the time of enterprise data analysis." At the Data Integration Forum of the Intelligent Number Conference, FineDataLink product manager Zhang Pengwei explained to the guests and customers the reasons why Fanruan released the data integration product and the positioning of the product. ——Low-code/high-timeliness enterprise-level one-stop data integration platform.

1. Low code: FineDataLink supports web deployment, and its drag-and-drop user interface settings and interactive real-time data viewing design make it fast, agile and continuous, allowing both IT and business personnel to process data in a more efficient way. deal with;

2. High efficiency: "This is a data integration product used to solve transmission and processing problems between any data terminals," Zhang Pengwei emphasized. Higher synchronization performance, full-link data processing with second-level response, and high-concurrency operation ensure a stable and real-time product experience;

3. Enterprise level: What kind of products can be called "enterprise level"? Zhang Pengwei believes that in addition to the above-mentioned low code and high timeliness which are the foundation of enterprise level, after-sales support and long-tail personalized needs also need to be met;

4. One-stop: FineDataLink integrates timing/real-time synchronization, data development, data scheduling, data release, operation and maintenance, etc. One set of products can solve the problem of data transmission and processing between any data terminals, while combining public data and data The combined use of Kanban and self-service analysis greatly simplifies the enterprise's tool selection, use, and operation and maintenance processes.

Everything can be converted into data, but data will only generate value when it is circulated and used. Using effective tools to make data flow more timely and accurate and create greater value is the change that FineDataLink can bring to enterprises.

Manager’s perspective:

Supporting high-quality decisions is key to verifying the value of digitalization

"A high-quality decision can make resource allocation more efficient, and real-time and comprehensive data can help us quickly improve the accuracy of decision-making."

At the main forum of the Intelligent Data Conference, Zhang Qiliang, former chief architect of the financial industry of Cisco Greater China, and financial writer Deng Bin, former planning and consulting director of Huawei China, both affirmed the value of data in assisting corporate decision-making from the perspective of business managers.

Mr. Zhang Qiliang believes that "the reason why an enterprise exists is because its internal efficiency is higher than its external efficiency. When the internal transaction costs of the enterprise are equal to the external transaction costs of the enterprise, the enterprise stops expanding. Therefore, the construction of information technology must be able to improve the enterprise's internal efficiency." Expansion and reducing internal transaction costs of the company are top priorities.”

The emergence of BI has replaced repetitive manual statistics and analysis, saving energy. Without spending too much time looking up information, you can get rich and intuitive information to assist decision-making. The development of AI in the future may further improve it. Brainpower opens doors beyond cognition.

But whether it is BI or AI, it all revolves around the relationship between decision-making and resources. Information construction personnel need to have management thinking. After clarifying the platform model and governance thinking, they can choose corresponding tools to support decision-making. The decision-making itself is worthy of quantification. and definite value.

Mr. Deng Bin believes that the core point of crossing industrial boundaries is to master data. If you master the core data, you can penetrate from top to bottom, and there will be endless possibilities.

It is difficult for a large-scale enterprise to base the company's success on anyone. The system is more reliable. The highest level of management often relies on the system and makes correct decisions after grasping sufficient evidence. At the same time, Mr. Deng Bin also gave two practical suggestions to the staff of the corporate information department based on the needs of managers. First, "go back to the scene to find business." Enterprise informatization construction must be related to its business scene to support business development; second, "go back to the scene to find business." It is "returning to granularity as the first principle of digital technology." One of the CIO's responsibilities is to convey and explain the concepts of informatization, digitalization, and intelligence to managers, but they must not only explain technical principles or complex data to managers. logic.

Information perspective:

Enterprise digital transformation practice

"Digitalization is the underlying password for Absen's continued growth and efficient operations."

"In 2018, the company decided to establish a process organization, sorted out 16 major business processes from customer needs to customer satisfaction, and launched 18 targeted information systems." Group General Manager of Shenzhen Absen Optoelectronics Co., Ltd. Ding Chongbin shared.

As a benchmark customer of Fanruan, Aibison integrated the reporting tool FineReport and the self-service analysis tool FineBI to build an integrated ABI business analysis platform, realizing the integration of enterprise multi-system data, all business processes, internal and external lean collaboration, and industry and financial management. Self-service analytics, etc., to support their strategic goals and corporate vision.

Mr. Ding Chongbin believes that digital capabilities are one of the eight capabilities that support Absen’s foothold in the industry. Enterprises must let data play its value and become the company’s strategic asset.

Also recognizing the value of digitalization and successfully making full use of corporate data assets is Liby Technology Group, which participated in the main forum.

Chen Shujie, assistant to the chairman of Liby Technology Group, said that the competition in the daily chemical industry is very fierce. In order to support the business, Liby started digital transformation eight years ago. "We believe that business decisions should be based on data, but the premise is that enterprises must be able to open the road between business and data, so that business and decision-makers have the ability to understand comprehensive data." Relying on advanced digital transformation thinking, Liby Technology The group has successively completed the online, digital, platform-based, and intelligent business operations, revitalized corporate data assets, and achieved efficiency improvements in consumer demand insights, product quality creation, and marketing channel creation.

"When business personnel feel the benefits of self-service analysis, they will take the initiative to try it, creating an atmosphere where data speaks from top to bottom." At present, Liby Technology Group has successfully completed the implementation of self-service analysis within the group, which has greatly improved the business Improve efficiency by at least 90%.

Activate organizational data potential

Fanruan data talent solution released

At present, data has become an important resource and production factor in the operation and development of enterprises. Only by making data visible, understandable, and used well can enterprises have the possibility to break through.

According to Mei Jie, director of Fanruan Data Application Research Institute, the key lies in "people". Enterprise change and transformation first involve the change and transformation of talents.

Major emphasized at the Intelligent Data Conference that to activate the potential of organizational data, we must pay attention to three groups in the enterprise: decision-makers, backbone business personnel, and data analysts.

1. Facing decision-makers, stimulate data management needs: "Let them participate in the process of data consumption, let them see the value of data and have ideas to use it." Through the establishment of core indicators, decision-makers can perceive data in a timely manner is changing and can analyze the reasons for the changes, and then transform existing personal experience into fixed indicators and assessment factors, so that personal experience can be continuously reused within the enterprise;

2. Focus on business backbones and focus on the core pain points of their work: "Don't explain the meaning of digitalization or technical principles to business staff, but stand in their perspective and help them solve business problems through systematic capabilities and reduce the use of business backbone data. Cost." Major emphasized that a complete set of industry solutions or industry typical scenario templates are often more convincing and easier for business personnel to understand;

3. Facing data analysts, shaping the corporate data analysis atmosphere: It may not be difficult for an enterprise to train one data analyst, but what is difficult is how to train hundreds or even thousands of data analysts. Meijie gave a "new solution" - Fanruan data talent solution, which supports the diagnosis, training and evaluation of data talents. Take Honda, a customer of FanRuan, as an example. By forming a data analysis team, jointly participating in trainings, and competitions, it mobilized the enthusiasm of the company's "potential" data analysts, cultivated a group of data talents, and allowed them to continue to empower the entire enterprise.

Data shows that as of the end of 2022, Fanruan has provided data talent services to 390+ companies and helped companies cultivate 10,000+ data talents, covering many industries such as finance, real estate, retail, manufacturing, and medicine.

Frequent golden sentences

Industry Forum Goodbye Evolutionary Power

On the afternoon of August 18, the four industry sub-forums of smart manufacturing, smart consumption, digital finance, and digital health were held simultaneously. The scene was very popular and 20+ wonderful speeches were delivered. Mr. Li Zhongfu, Director of XCMG Heavy-Duty Informatization, talked about the full value of manufacturing enterprises The image of chain digital innovation is expressed as "transformation dream, innovation road, and experimental field." Based on the experience of XCMG heavy-duty digital upgrade implementation, it is recommended that manufacturing companies start with some typical scenarios when doing business driving. Teacher Huang Chengming, author of "Data Management", proposed that "retail data can speak for itself" and "in the era of big data, BI needs to be used to assist corporate employees in their business insights" and so on.

Lay out the business intelligence panorama

Product forum focuses on the future

On the morning of August 19, Fanruan’s zero-code tool Jiandao Cloud, self-service analysis tool FineBI, data integration product FineDataLink, e-commerce integration solution E-Data, and state-owned information innovation solution organized 5 products and scenarios for visiting customers. Application Forum.

Yuan Huajie, Vice President of Fanruan, said: "In the future, Fanruan will focus on the corporate vision of 'making data a productive force', providing complete data analysis products and solutions for corporate decision-makers, IT personnel and business personnel, and running through enterprise data generation - Data processing-full link of data consumption.”

From the current perspective, Fanruan’s capabilities panorama has the following four major advantages:

1. Products are more integrated: "Fanruan products can meet data application scenarios at different stages and needs of enterprises." FineDataLink (Fanruan's enterprise-level one-stop data integration platform) can integrate OA, ERP, MES, CRM and Fanruan's own There are products that synchronize heterogeneous data in real-time and offline in business systems such as Jiandao Cloud, support business data collection and processing, and complete the construction of data warehouses. At the same time, they are connected to two core BI products, FineBI and FineReport, to achieve self-service big data analysis and report production. Finally, with the help of FVS 3D large screen editor is displayed. “We also have an asset center and SaaS BI tool Jiu Shu Cloud, which can meet more personalized needs of customers”;

2. Industry solutions are more professional: Fanruan has a professional industry team and expert team internally. Currently, it has completed ten major industry solutions and 24 sub-industry solutions including manufacturing, finance, central state-owned enterprises, consumer retail, etc., through The analysis, transmission and transparency of big data information support enterprise operation management and financial management activities;

3. The scenario is more comprehensive: "Strong connection with the business is Fanruan's unique advantage." Data shows that as of the end of 2022, Fanruan, a Fortune China 500 company, has cooperated with 359 companies. Based on the digital transformation experience of many leading companies, Fanruan has accumulated a lot of experience. Rich experience in implementing business scenarios, including the manufacturing industry, which has covered 50+ typical scenarios such as supply chain control tower, marketing intelligence room, and HSE safety management;

4. A more complete service system: FanRuan's service system consists of three parts: partner ecosystem, user ecosystem and professional service ecosystem, which respectively link 2,700+ partners, 2 million+ community users and a total of 26,000+ cooperative customers, with strong and complete support.

Keep going

Let’s move forward together in 2023

In 2023, the year of hard work and recovery, all walks of life have shown strong resilience. Digitalization, as a new driving force to avoid uncertainty and help companies reduce costs and increase efficiency, will become a reassurance for the stable growth of various industries. Fanruan will also Accompany more customers to grow together, explore new digital opportunities together in the coming time, and help enterprises transform, upgrade and develop with high quality.

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