Traditional business fields ‘makeover’ thanks to technology

Powerful “unicorns” technology outstanding, the ability to understand customers like One Mount will have a great advantage to compete in the market market potential as retail or real estate.

Transform yourself “makeover” thanks to technology

According to a survey by Statista 2021, Vietnam has about 61.3 million smartphones in use and is one of the 10 countries with the highest number of smartphones in the world. Along with the speed of widespread coverage of mobile networks, changes in consumption habits because of COVID-19, digitalization has brought many traditional industries “to the highway”.

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Thousands of grocers choose to “upgrade technology” to get rich with their own stores.

Pre-order wait 3 days, now have 1 day left; Before, I needed to continue selling (salesman – PV) for an hour, now I only need a few minutes to work on the phone”, said Mr. Nguyen Van Manh, his grocery store is completely changing the traditional way of operation, taking advantage of the strengths of VinShop – a digital transformation platform for 100,000 groceries in Vietnam.

“The biggest value is increasing income,” Manh added. Just by operating on the VinShop application, grocery owners can import many items at the same time, take advantage of 100 promotions per month to import goods at better prices. Digitization can even turn a traditional grocery store into the conveniences of a modern supermarket such as cashless payment via VinID Pay, inventory management, revenue and expenditure balance, etc.

Obviously, technology from VinShop is making old-fashioned grocery stores “change their skin” as well as contributing to helping the traditional retail model have more strength to compete in the digital age.

Not only the retail sector, industries that focus on face-to-face meeting and dialogue such as real estate (real estate) also require the help of proptech platforms (technological real estate) to make the market transparent and open. wide potential customers.

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The home valuation tool from OneHousing contributes to promoting transparency in the real estate market.

Recently, proptech OneHousing has just launched an automatic home valuation tool applying Automated Valuation Model technology, researched and researched by a team of experts in the fields of data – technology – finance – real estate from One Mount Group. develop on large databases.

Right at the time of launch, 400,000 apartments from 380 projects and 50,000 low-rise houses from more than 90 projects were evaluated by OneHousing, and is expected to reach 1.5 million houses by the end of 2022. Experts estimate, This is a turning point of the real estate market when it takes more than 90% of the time compared to the normal process.

Actions can be done on any device, anytime, anywhere, 100% online and completely free. The result was accepted by the banking system for mortgage financing, starting with Techcombank. Technology in real estate is contributing to repelling the problem of virtual prices, price fluctuations, inflated prices and profiteering in transactions in some places.

Shake hands with “giant” for big goals

VinShop, OneHousing along with VinID super application are outstanding technology products of One Mount – an emerging technology ecosystem in the national program on digital transformation. These products of One Mount are technologyizing the entire value chain of traditional businesses. That’s how One Mount solves the “bottleneck” of the market with a comprehensive, trusted technology ecosystem for businesses and consumers.

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The One Mount digital ecosystem provides solutions and services across the value chain, from financial services, distribution, real estate and retail.

One Mount puts customers at the center of every business decision. True digital transformation begins with deeply understanding not only the market, but more importantly the customers and users who benefit from that transformation, turning it into strategic goals and aspirations. By 2025, One Mount expects 75% of Vietnamese people to access and experience services and products in our ecosystem.”, shared Mr. Nguyen Ky Thanh, Group CMO of One Mount.

In order to realize the big goal and at the same time promote the transformation of traditional business models, from 2021, One Mount has chosen to shake hands with the giants in the technology industry, the first is Google Cloud. to build the largest technology ecosystem in Vietnam.

It is important for One Mount to have a solid technology foundation. This is a prerequisite for us to continuously offer solutions to the evolving needs of the market, so that technology and people can create limitless opportunities.“, One Mount representative talked about the cooperation with Google Cloud.

This handshake will open up the opportunity for One Mount to leverage Google’s technologies into its strategy of expanding and promoting its business areas, especially VinShop, VinID and OneHousing. Standing on the shoulders of a “giant”, One Mount can quickly adopt and scale new services with secure features, open source code, and base software packages on the Google Kubernetes Engine, and Take advantage of Google Cloud’s smart tools to integrate and analyze data, providing customers with more advanced experiences.

The migration to Google Cloud has helped One Mount improve reliability and higher availability compared to operating on available resources. From there, this unit can easily manage the highest level of web traffic on special occasions such as year-end shopping, or ticketed events more easily on the cloud.

With the available potential and strategic partnerships with the “big guys” in the industry, One Mount technology ecosystem is accelerating the digitization process of the traditional business sector, thereby contributing to the development of the industry. breakthrough for the economy.

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