Lenovo helping to drive digital transformation

Chinese tech giant Lenovo Group Ltd is stepping up its digital transformation, hoping to grow and transform its business by better utilizing cutting-edge technologies to achieve broader strategic goals, its chief information officer said.

"The economic growth slowdown in China is not dampening companies' enthusiasm to push forward digital transformation. Instead, the process can help them better compete in the future," Arthur Hu said.

According to him, companies tend to invest less when faced with greater uncertainty. When companies are less sure of where future demand is, they are unlikely to make significant investments, for example, building a new factory that would create new capacity, or hiring employees to deliver more services.