IT addiction: Alibaba and Sinopec intend to create an industrial counterpart of China's largest ecommerce platform Taobao
The largest Chinese petrochemical company, Sinopec, approached the world famous retailer Alibaba with a proposal for cooperation. Together, the partners intend to create an industrial counterpart of Taobao, China’s largest online trading platform.
"The volume of the online trading market has grown to 3 trillion yuan (about $ 463 billion), but the potential of online sales for industrial goods far exceeds it," said Sinopec's head of supply department, Wang Yuying. According to his estimates, the volume of online sales through the new Internet site could reach 500 billion yuan ($ 77 billion).
Sinopec has an online platform that previously served as the company's internal resource, however, due to falling oil prices and income restructuring programs, the company decided to open access to it for everyone.
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The Sinopec range includes products for 60 industries, including the coal, steel, petrochemical and oil industries. In addition, it is also possible to order other goods on it - stationery, tools, office and computer equipment.
Currently, up to 90% of transactions accounted for by the various structures of Sinopec, leads the data of the publication China Daily.
However, as the resource grows in popularity, the company hopes to significantly expand the audience. The companies expect that the platform will interest not only large enterprises, but also small and medium-sized businesses.
Alibaba will help Sinopec with Internet security, database management and software and hardware upgrades.
For companies of this magnitude, like Sinopec, it is very difficult to keep up with the times and to implement ever-changing IT technologies in a timely manner. Partnership with Alibaba will help solve these problems and, in particular, use the full power of cloud technologies and big data to optimize logistics, analyze supply and demand.
In March, Alibaba concluded a strategic agreement with another industry giant, the oil and gas corporation China National Petroleum Corp. The agreement concerns the scope of online payments and the expansion of the user audience.
Nevertheless, Lin Bokian, director of the China Center for the Study of the Energy Sector of the Economy, doubts that the new Internet platform will be in demand among a wide range of customers.
"The volume of the online trading market has grown to 3 trillion yuan (about $ 463 billion), but the potential of online sales for industrial goods far exceeds it," said Sinopec's head of supply department, Wang Yuying. According to his estimates, the volume of online sales through the new Internet site could reach 500 billion yuan ($ 77 billion).
Sinopec has an online platform that previously served as the company's internal resource, however, due to falling oil prices and income restructuring programs, the company decided to open access to it for everyone.
')
The Sinopec range includes products for 60 industries, including the coal, steel, petrochemical and oil industries. In addition, it is also possible to order other goods on it - stationery, tools, office and computer equipment.
Currently, up to 90% of transactions accounted for by the various structures of Sinopec, leads the data of the publication China Daily.
However, as the resource grows in popularity, the company hopes to significantly expand the audience. The companies expect that the platform will interest not only large enterprises, but also small and medium-sized businesses.
Alibaba will help Sinopec with Internet security, database management and software and hardware upgrades.
For companies of this magnitude, like Sinopec, it is very difficult to keep up with the times and to implement ever-changing IT technologies in a timely manner. Partnership with Alibaba will help solve these problems and, in particular, use the full power of cloud technologies and big data to optimize logistics, analyze supply and demand.
In March, Alibaba concluded a strategic agreement with another industry giant, the oil and gas corporation China National Petroleum Corp. The agreement concerns the scope of online payments and the expansion of the user audience.
Nevertheless, Lin Bokian, director of the China Center for the Study of the Energy Sector of the Economy, doubts that the new Internet platform will be in demand among a wide range of customers.
Source: https://habr.com/ru/post/300222/
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