In terms of DSaaS business, the company completed the acquisition of iResearch Consulting at the beginning of the year, which strengthened the ability of DSaaS and intelligent decision-making and significantly optimized the business revenue structure. In the first half, the share of revenue generated outside the telecommunications sector rose to nearly 40%. In addition, the company continues to innovate business models, among which the pay-as-results revenue model can effectively improve the trust, satisfaction and stickiness of customers. In the first half of this year, the company continued to replicate at multiple scale, accounting for nearly 30% of DSaaS revenue (excluding iresearch consulting revenue). In the first half of 2022, the company's revenue from DSaaS business was about 484 million yuan, up 56.7% year on year, and DSaaS business accounted for 15.6% of the total revenue.
In terms of vertical industries and enterprise cloud, in the first half of 2022, the company continued to focus on the five strategic industries, and constantly expanded the government, energy, transportation, finance, and postal industries, with a substantial increase in business scale. Among them, energy and government revenue increased significantly, up 4.6 times and 1.7 times year-on-year, respectively. In the energy industry, core solutions such as energy intermediate platform and 5G private network are promoted and replicated in nuclear, wind and thermal power markets to help customers eliminate safety risks and improve collaborative efficiency and operational energy efficiency. In the government sector, solutions such as government big data and digital government have become an important engine for revenue growth. Thanks to the continuous expansion of vertical industry customers and the steady progress of cloud business, the revenue of the company's vertical industry and enterprise cloud business reached about 271 million yuan in the first half of 2022, up 140.3% year on year.In the OSS business, the company actively supports customers to build efficient, intelligent, concise, collaborative network operation management system. Through enhancing R&D and innovation strength, the company's 5G network intelligent products continue to lead the industry. In the first half of this year, as the country's 5G construction accelerated, the scale of the company's OSS business grew rapidly, achieving a revenue of about 248 million yuan, up 88.7% year-on-year.
In the traditional business of BSS, the company actively supports the new needs of customers through technological innovation, deeply participates in the planning and construction projects related to smart middle desk and digital intelligence of the three major communication operators, helps the transformation of customer digital intelligence, and continuously consolidates the market leading position. In terms of expanding the new business market, the company smoothly promoted the project of China Broadcasting and Television 5G business support system, and helped China Broadcasting and Television quickly realize the nationwide opening of 5G business and high-quality customer service within five months after winning the bid. In the first half of 2022, due to the impact of the epidemic, the delivery and acceptance of some orders were delayed, and the company's traditional business revenue of BSS reached about 2.065 billion yuan.
R & D drive product strength continuous improvement
The company has always attached great importance to R & D innovation, and constantly improve product capabilities. In the first half of 2022, the company increased investment in research and development, and R&D expenses (excluding equity incentive expenses) reached about 473 million yuan, an increase of 8.7% year on year, accounting for 15.2% of revenue. In the first half of this year, the company deeply participated in the work of 20 international/national technical standard organizations such as 3GPP, ITU, ETSI, IEEE, TMF and O-RAN. In terms of intellectual property, the company added 44 new soft certificates, acquired 9 new patents and applied for 50 new patents.
Through continuous grinding to improve product capabilities, the company takes the "middle Taiwan" system as the cornerstone, enabling the three systems of "digital intelligence", "cloud network" and "IT", effectively boosting the rapid growth of Sanxin business. The company's digital intelligence system and cloud network system are both in the leading level of the industry. The IT system has entered the first camp in China, and the middle Taiwan system has built a base to support the transformation of the industry's digital intelligence.
Accelerate the pace of business development and steadily achieve the 2025 development goal
Looking forward to the future, the digital economy brought by the enterprise digital transformation demand continues to be strong, the company will always adhere to the "one consolidation, three development" strategy, Continue to strengthen the consulting planning, product research and development, implementation and delivery, system integration, intelligent decision-making, data operation, customer service and other digital intelligence full stack capabilities, improve the closed loop of customer service, unswervingly to the 2025 business scale of more than 10 billion, new business account for half of the plan goal.
In the "Three new businesses", the company will accelerate the pace of business development, further play the role of "three new businesses" as the core engine driving the rapid growth of the company's overall revenue, and deepen the business collaboration, especially the deep business integration with iResearch Consulting, to gather the development force. In terms of traditional business, the company will focus on the intelligent transformation needs of operators and the development opportunities of new customers, empower customers with innovative leading products and solutions, expand business territory, improve business efficiency, and continue to consolidate the market leadership of communication operators.
< /p>The company is full of confidence in long-term development. It is believed that with the stabilization of the epidemic and the improvement of online operation mode, the delivery efficiency will be significantly improved, and the short-term pressure on profits in the first half of the year will be relieved. The company will continue to maintain a good momentum of revenue growth throughout the year, and the net profit can recover the growth momentum.
