Tencent releases Q1 financial report: To B business actively adjusts its revenue structure and becomes the main growth engine

On May 18, Tencent released its first-quarter 2022 performance report. Tencent’s “financial technology and enterprise services” single-quarter revenue of 42.8 billion yuan, accounting for 32% of total revenue, has become Tencent’s main revenue growth engine.

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The financial report pointed out that Tencent’s To B business actively adjusted its revenue structure and increased resource investment in PaaS fields such as video cloud and network security. The reporter learned that in Q4 2021, Tencent will take “health and sustainability” as the growth goal of its To B business, and has taken a series of measures including improving the competitiveness of self-developed products, encouraging product integration, and enriching the ecosystem of partners.

Tencent has a lot of bright spots in the PaaS field this season. The Gartner report shows that Tencent ranks first in terms of CPaaS revenue in China; in addition, Tencent has expanded its customer base in network, terminal node and business operation solutions to meet the needs of enterprise customers in network attack protection and network security compliance.

At the same time, Tencent actively participates in the construction of the digital economy, assists the integration of digital and real, and penetrates into industries such as industry, energy, finance, real estate, cultural tourism and exhibition, and continuously releases new economic momentum and social value.

There are many breakthroughs in self-developed products, and “healthy and sustainable” has become a growth keyword

For more than three years after the “930 Revolution”, Tencent’s To B revenue has doubled, and its proportion has increased from 25.5% in Q1 in 2019 to 32% in Q1 in 2022. Steady and positive development. At the same time, after the business reached a certain scale, Tencent took the initiative to adjust its revenue structure, focusing on PaaS products with high gross profit margins.

In the first quarter of 2022, Tencent continued to increase its investment in core technology research and development. According to the financial report, the company’s cumulative research and development investment reached 15.4 billion yuan, a year-on-year increase of 36%. It has achieved a number of breakthroughs in technology products such as audio, video, and databases.

On April 26, the Gartner report, an international authoritative research institution, showed that Tencent Cloud ranked first in the Chinese CPaaS market. Thanks to the technical accumulation and experience in national-level applications such as QQ and WeChat, Tencent Cloud’s CPaaS product matrix, including instant messaging and real-time audio and video interaction, has become an important tool for enterprises to improve operating efficiency internally and optimize customer experience externally. Important digital tool.

Specifically, Tencent Cloud Audio and Video has 100+ new-generation international codec patents, and the TRTC background architecture technology won the “China Patent Gold Award”; the industry’s first ultra-low-latency live broadcast product “Quick Live” pioneered the introduction of WebRTC technology into the live broadcast field , and the first company to reduce the live broadcast delay to less than 500ms, and the comprehensive quality of service (QoS) far exceeds the standard live broadcast, covering 90% of domestic audio and video customers.

In addition, Tencent Cloud Database was selected into the Leaders Quadrant of the Sullivan Report and ranked first in the Growth Index. At present, the enterprise-level distributed database TDSQL has been widely used in the core systems of financial institutions, serving nearly half of the domestic TOP20 banks, and the service ratio of the TOP10 banks is as high as 60%, and supports the full electronicization of the seventh national census.

In the field of security, Tencent Security relies on more than 20 years of actual offensive and defensive experience and the “original factory” cloud security system to provide security for customers in various industries to carry out digital business. The international standard “Guidelines for Continuous Protection of Service Access Processes” led by Tencent was approved and released by ITU-T, which is the first zero-trust international technical standard among the world’s three major international standardization organizations. As of April, Tencent has obtained a total of more than 2,200 network security-related patents.

Facing the ever-changing market environment, how to combine product advantages and C2B strategy, consolidate self-developed technology products with long-term determination, improve product quality and stability, and better serve customer needs, has become a new cycle of Tencent’s To B business. Growth key”.

The advantages of SaaS continue to be highlighted, and the number of monthly active users of Tencent Conference exceeds 100 million

In recent years, Tencent has taken the lead in deploying office SaaS, launching iconic products such as Tencent Conference and Enterprise WeChat. In the first quarter of 2022, the number of registered users of Tencent Conference exceeded 300 million, and the number of monthly active users exceeded 100 million, continuing to help thousands of industries to organize and collaborate efficiently.

On January 11, 2022, Tencent Conference, WeChat and Tencent Documents announced that the three major products will be integrated and integrated, and Tencent’s industrial Internet efficiency tools will be officially integrated, bringing enterprises a smoother and more efficient collaboration experience.

Based on the open platform’s API/SDK and application access capabilities, Tencent Conference has covered the Internet, education, finance, real estate, logistics and other industries. A new way of connecting and cooperating has been constructed.

In addition, Tencent Qidian, a subsidiary of Tencent Cloud, continued to lead the Chinese CRM market after being selected as the first in the Leaders Quadrant of the Sullivan Report last year. The Gartner report shows that Tencent’s market share ranks first among local manufacturers, and the growth rate is the fastest among the TOP 5 manufacturers. This means that Tencent Qidian continues to maintain a strong competitive advantage in the CRM SaaS market.

Under the trend of the normalization of the epidemic, Tencent continued to leverage the advantages of SaaS and aPaaS. Tencent Conference, Tencent Electronic Signature, Tencent Qidian, and Tencent Micro cooperated to hand over a dazzling industrial Internet anti-epidemic report card to help the society resume work and school. .

Facing the education industry, Tencent Conference has moved more than 4,000 undergraduate courses of Shenzhen University online through API, covering nearly 50,000 teachers and students, helping online and offline hybrid teaching; The form has been added to the epidemic prevention solution, and the declaration form of “one class, one code” can effectively improve the signing efficiency and reduce the execution cost.

In order to better reduce the burden on grass-roots workers, Tencent Qidian helped the Shenzhen Taxation Bureau to urgently deploy and launch “cloud customer service” to ensure that more than 4 million corporate taxpayers and 20 million natural person taxpayers in Shenzhen have continuous consultation needs; Tencent Cloud We took the online “Intelligent Reporting of Epidemic Information” template, connected to the OCR text recognition capability, helped to count and input nucleic acid detection information, and effectively improved work efficiency.

With the continuous deepening of the industrial Internet strategy, Tencent has also continued to make efforts at the SaaS ecological level. Up to now, Tencent Qianfan has more than 500 SaaS partners, covering more than 70 tracks. Through account connectors, data connectors and other products, Qianfan helps SaaS manufacturers solve problems such as account interoperability and mutual integration.

In Qianfan Ecology, nearly 100 SaaS vendors have GMV of more than one million. In 2022, Qianfan SaaS Selection will be further upgraded. Tencent Cloud has deeply cooperated and integrated with SaaS manufacturers to jointly create product solutions and provide customers with rich and convenient tools for digital transformation.

Accelerate the integration of data and reality, and help industries such as industry, real estate, finance, and energy to achieve digital transformation

In addition to continuously refining technology, products and services, Tencent actively participates in the construction of the digital economy, supports the development of real enterprises, and provides industry solutions that meet digital needs in the fields of industry, energy, real estate, cultural tourism, exhibition, and finance, and creates industry benchmark cases.

In April 2022, Tencent Cloud provided online platform development, cloud resource support and technical escort for the Canton Fair for the third and fifth consecutive year. With the technical support of Tencent, the 131st Canton Fair will be held on the cloud. This year’s Canton Fair will fully update the online platform infrastructure, optimize the data structure of exhibitors and exhibits, and the system will operate more efficiently, respond quickly to user needs, and significantly improve the level of digitalization. .

In the industrial field, it has continued to provide digital bases for leading enterprises in the industry such as Sany Heavy Industry, Fulian Industrial, Midea, and Zongshen Power, and has launched industrial Internet platforms with regional characteristics in more than 10 cities across the country, accelerating the overall transformation and upgrading of industrial clusters.

In the field of energy, the Ganghua Smart Energy Ecological Platform jointly created by Tencent Cloud and Ganghua Energy was officially launched, and it took the lead in landing in Hailing District, Taizhou City, Jiangsu Province. Based on the Internet of Things capabilities and data visualization, the platform can help the park realize carbon emissions at a glance, and carbon management is accurate and efficient. In the future, after the Taizhou Hailing Zero Carbon Smart Park is fully implemented, it is expected to reduce hundreds of thousands of tons of carbon emissions every year.

In the real estate field, Tencent Cloud Smart Real Estate released the WeClient user management platform, which integrates Tencent Qidian, Tencent Anxin Platform, Tencent Cloud AI, Tencent Conference, Tencent LBS Big Data and many other technical capabilities to solve the problems of low efficiency, low efficiency and low efficiency under the traditional customer acquisition model of real estate enterprises. The problem of poor experience can help accurate insight and innovative operation to reduce costs and increase efficiency.

In the financial field, Tencent Cloud cooperated with CITIC Construction Investment Securities to build the industry’s first localized big data platform. With the help of Tencent Cloud’s big data processing suite TBDS, the basic information, position status, on-site and off-site transaction flow and other data of corporate customers can be analyzed according to Regulatory and business requirements are processed to comprehensively improve the level of enterprise management.

In addition, Tencent Cloud also helped Minsheng Insurance officially put its new-generation life insurance core into production. The system is the industry’s first life insurance core business system based entirely on cloud-native architecture, and is deployed on a private enterprise cloud jointly built by Minsheng Insurance and Tencent Cloud. At present, it covers all business data of more than 10 million policies and customers of Minsheng Insurance since its inception.

According to public information, Tencent Cloud TCE has helped a large number of large financial institutions such as Bank of China, China Construction Bank, China UnionPay, Shenzhen Stock Exchange, Bank of China Securities, China Securities, Founder Securities, Guangzhou Rural Commercial Bank to build a full-stack safe and compliant The private cloud is the proprietary cloud solution with the most cases and the largest scale in the industry.

Leifeng Network

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