Analysis Ot The Solution And Path Ot Enterprise Digital Transformation To Achieve Cost Reduction And Efficiency Increase

In today’s surging wave of the digital economy,digital transformation has become a common challenge and an inevitable choice faced by all large enterprises.As a provider of digital infrastructure and services,China Telecom plays an important role in industrial digitalization and industrial informatization,and its own degree of digitization also has an important impact on the development of the country’s digital economy.Based on the financial perspective,this paper examines the digital transformation scheme and path proposed by China Telecom,one of the three major operators in China,to achieve the goal of cost reduction and efficiency increase.First of all,this paper analyzes the evolution of China Telecom’s strategic objectives and financial structure,using PEST and SWOT models,and then,this paper establishes an evaluation system for the digital transformation effect of the information and communication industry,comparing China Telecom with benchmarking companies.Based on the analysis of China Telecom’s revenue cost structure,strategic analysis,and digital transformation effect evaluation and analysis,this paper believes that the financial goals of China Telecom’s digital transformation include optimizing the resource allocation mechanism,increasing revenue,reducing network transportation and support costs,and improving the efficiency of fixed asset use,and analyzing the specific digital transformation scheme corresponding to each financial goal and the path to achieve cost reduction and efficiency,this paper reveals how digital transformation helps enterprises improve enterprise value through the analysis of the case of China Telecom’s digital transformation.The path to achieving cost reduction and efficiency improvement provides a reference for the digital transformation of other enterprises.