Lenovo 2016 Annual Report Download - page 13

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2015/16 Annual Report Lenovo Group Limited
OUR VISION FOR THE FUTURE
Over the past two years Lenovo has been transforming, adding major acquisitions in mobile and
infrastructure to expand far beyond our core PC business. These additions are now the building blocks
for our future, because our vision is very clear: We want to make life better and work more efficient by
delivering smart end-user devices, powerful infrastructure, all with connected services and apps, and the
best user experience.
In the past, we definitely have been a device company. Building PCs and smartphones has been our core
business. And many customer scenarios are addressed simply by having a great device. This will always
be our core and we will always protect this device-first business.
But now, as the age of the “Internet of Things” expands, everything around us can have computing,
storage and networking modules built inside. This will make devices more manageable and controllable.
In this environment, Lenovo will become a more customer centric company and find specific scenarios we
can address.
While new ideas for devices will emerge, the device itself will no longer be enough. Customers will need
a device that is seamlessly connected to the cloud in order to deliver the right solution or experience – at
home, at work or on the go.
Delivering on this promise – innovative devices + cloud connectivity – is where Lenovo will attack and
grow. This is where we have proven capabilities, core competencies and competitive advantages. We have
a unique advantage in combining our traditional strengths in end-user devices with our new capabilities in
cloud and infrastructure to meet customer needs with a balanced “Device + Cloud” model. This is where
Lenovo will attack and grow.
Devices will become entry points for amazing new content, services and
solutions because they will have robust, seamless connectivity.
In the year ahead, we will continue to outperform the market in PCs
while maintaining strong margins, return our Mobile business to
worldwide growth while improving profitability, and drive strong
top-line growth in our Data Center business.
Still, we will continue to face challenging conditions in all of
these industries. But challenging times do not mean there are
no growth opportunities. In fact, we have faced challenges
before and always come out a stronger company.
Now, we have taken the bold action needed to help
Lenovo achieve the levels of performance we expect
of ourselves. We will be a different kind of company,
and those differences will make us better. Our three
growth engines – PCs, Data Center and Mobile – are well
positioned to seize the tremendous opportunity in front
of us.
I am confident in our strategy and in our team, and that
Lenovo will be stronger than ever in the years ahead.
Thank you.
Yang Yuanqing
Chairman and Chief Executive Officer
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