SaaS (Software as a Service) and other cloud tools offer a golden opportunity for industrial leaders to rethink and redesign their growth strategies, says Simon Zhang.

• Demographic and economic factors will drive greater IT spending as manufacturers realise the true potential of SaaS (Software as a Service) and other cloud models.
• Data potential provides opportunity to integrate existing data, and explore new data from a whole eco-system beyond a company’s boundary, to solve business problems throughout value chains.
• Improvement of both cloud and other digital infrastructure coverage capabilities will expand the scope of SaaS services and bring better user experiences.
• Textile sector is a perfect example of a traditional industry which can embrace these technologies and respond quicker to a fast-changing market.