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Wang Wenjing, chairman and CEO of Yonyou Network Technology Co Ltd. [Photo provided to chinadaily.com.cn]

China's leading software and cloud service provider, Yonyou Network Technology Co Ltd, has further upgraded its business innovation platform, with enhanced digital intelligence capabilities, to help enterprises accelerate their digital and intelligent transformation.

The platform's latest version BIP3 R6 is expected to foster new quality productive forces and achieve high-quality growth for these enterprises, said Wang Wenjing, chairman and CEO of Yonyou, during the 2024 Global Business Innovation Conference in Beijing.

Wang said that the rapid growth of artificial intelligence technology has led to the widespread adoption of AI in businesses, speeding up their digital and intelligent transformation.

Companies have now moved from mainly focusing on digitalization to a new stage where both digitalization and intelligence are equally important, he said.

Yonyou introduced a three-step model to help enterprises embrace digital intelligence, guiding them through the stages of enhancing their capabilities in 2023.

The model, which summarized such transformation practices across industries, encourages companies to evolve into digital intelligence through three steps - online business, data-driven operations and intelligent operations.

Its latest version, BIP3 R6, provides better intelligence, higher performance, lower resource use, and increased security and reliability.

Yonyou also upgraded its AI model by launching YonGPT 2.0, which is designed to understand businesses better and serves as a new engine for AI applications in companies.

Many leading companies use Yonyou BIP for digital and intelligent transformation, including 58,000 large and medium-sized businesses.