MORRISVILLE – Lenovo Chair and CEO Yang Yuanqing is making the “new IT” key to the global tech giant’s ongoing evolution as a company. And he’s focusing on what he calls “the intelligent era” – a world continually transformed by new technolgy, the internet of things and much more

So what does he mean by the “new IT?” In an interview with China’s CGTN, which notes that Yang is a “a deputy to the National People’s Congress,” he explained his thinking:

How should we interpret the concept of new IT?  What role will it play in China’s economic transformation?

Yang: Different from traditional Information Technology, new IT refers to Intelligent Transformation, which is the technology, service and solution based on “end-edge-cloud-network-intelligence” technological architecture to enable all walks of life to realize intelligent transformation.

Currently, we are at a historical point where China’s economic transformation cycle and global technological innovation cycle overlap.

The application of new IT in all walks of life and acceleration of Intelligent Transformation will greatly improve the efficiency of technological innovation and the commercialization process of the whole economy and individual enterprises.

It is the core factor for enterprises and industries to go through the dual cycle and achieve success in the intelligent era.

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Lenovo operates one of its two global headquarters in Morrisville. The other is in Beijing.