Far East Holding Group: Unleash new momentum for development with digital transformation

Far East Holding Group Co.
, Ltd.
was founded in 1985, formerly known as Yixing Fandao Instrument Factory, and is now one of the "Top 500 Asian Brands", "Top 500 Chinese Enterprises", "Top 500 Private Enterprises in China" and "China's Best Employer Enterprise"
.
At present, the company's annual operating income is nearly 50 billion yuan, the brand value is 81.
018 billion yuan, and the employees are nearly 10,000 people
.

Digital transformation is a continuous revolution, a process of quantitative change to qualitative change
.
Far East Horizon puts forward the strategic goal of "comprehensive digitalization, comprehensive intelligence, comprehensive internationalization, comprehensive benchmarking and comprehensive transcendence", takes the lead in undertaking the important task of digital and intelligent upgrading of the industry, and outputs best practices for the industry on the basis of meeting its own development needs, and has won various honors
such as "the first batch of enterprises that implement the standard enterprise of the integration of industrialization and industrialization management system", "Jiangsu Province Industrial Internet Benchmarking Factory", and Jiangsu Province Deep Integration Innovation (Internet and Industrial Integration Innovation) demonstration.

Far East Digitalization focuses on the short- and long-term goals of optimizing processes and businesses, quantifying staff reduction and efficiency, and improving quality and value-added, systematically planning upgrade paths, proposing specific landing measures, and implementing them step by step
.
Effectively promote the comprehensive digitalization and comprehensive intelligence strategy, accelerate the digitalization of all business/processes, drive business development with digital, intelligentize all production, improve operational efficiency with intelligence, accelerate the construction of a lighthouse factory in the cable industry, and help achieve the strategic goals of Far East Business
.

Figure | Digital Transformation Roadmap for the Far East (2021-2025)

Figure | 2021-2025 digital construction focus

Figure | intelligent, digital business goals

Far East Smart Factory

Far East Intelligent Factory mainly relies on "Far East Intelligent Manufacturing Cloud Platform" and "Far East Intelligent Big Data Platform", comprehensively uses intelligent perception and control, edge computing, data visualization management, big data analysis, Internet of Things, digital simulation and other technologies, around process optimization, whole process quality control, logistics optimization, virtual simulation design, design and manufacturing integration and other construction goals, unified planning of network platforms and systems, sharing resources, overall coordination, and the implementation of construction by subsidiaries, forming an industry-leading and replicable cable intelligent factory.
It plays a leading role
in demonstrating the entire industry.

The "new infrastructure" represented by the industrial Internet is the common digital infrastructure in the current digital economy era, and the secondary node of the industrial Internet identification resolution is the neural hub
supporting the interconnection of the industrial Internet.
Along the direction of industry development, Far East Horizon continues to advance
on the road of industrial Internet and intelligent manufacturing.

In 2020, Far East Horizon successfully implemented the construction of an industrial Internet identification resolution secondary node for the cable manufacturing industry, formulated industry secondary node management specifications, built a functional system for industry secondary nodes, realized interconnection with national top nodes, and provided stable identification registration and identification resolution service capabilities for the cable manufacturing industry; Support government regulatory requirements, and provide public service capabilities
such as label filing, analysis and monitoring.
Through the industrial Internet identification resolution secondary node in the cable manufacturing industry to effectively support the interconnection between the system and data, and integrate the comprehensive resources of the cable manufacturing field and the Internet field, and finally realize the transformation and upgrading
of the cable manufacturing industry from factor-driven to data-driven.

As a leading enterprise in the cable manufacturing industry, Far East Horizon will continue to promote the construction of industrial Internet benchmarking, accelerate the integration process of industry and Internet, and build an industrial Internet benchmarking enterprise for the whole industrial chain, manufacturing process, product life cycle control and Internet integration development of key industries, become a digital enterprise with competitive advantages, and add momentum to the high-quality development of the manufacturing industry
.
(Text: Tang Xian)