Shenzhen, 518057,
China
Tencent Music Entertainment Group Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Tencent Music Entertainment Group and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 5353 Tencent Music Entertainment Group employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Tencent Music Entertainment Group has purchased the following applications: Tencent Cloud GCC for Application Hosting and Computing Services in 2020, ChainMaker for Blockchain Platform in 2022 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Tencent Music Entertainment Group is running and its propensity to invest more and deepen its relationship with Tencent Cloud , ChainMaker or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Tencent Music Entertainment Group revenues, which have grown to $1.00 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Tencent Music Entertainment Group intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Tencent Cloud | Legacy | Tencent Cloud GCC | Application Hosting and Computing Services | IaaS | n/a | 2020 | 2020 |
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| ChainMaker | Legacy | ChainMaker | Blockchain Platform | Blockchain | n/a | 2022 | 2022 | In 2022, Tencent Music Entertainment Group implemented ChainMaker as a Blockchain Platform. The deployment was positioned to deliver distributed ledger and smart contract capabilities to support internal blockchain workflows and transaction orchestration within the media business. By August 2022 public signals show Tencent's broader blockchain activity largely stalled, Tencent's official blockchain account almost stopped updating content, and Tencent Cloud's blockchain communications focused on Chang'an Chain. ZhiXin Chain was shelved, and direct inquiry indicated the only ongoing blockchain-related business remained electronic invoice. Within that environment ChainMaker's operational scope for Tencent Music appears constrained, with the Blockchain Platform used primarily for narrowly scoped transactional use cases such as electronic invoicing and immutable recordkeeping. Functional capabilities aligned with the ChainMaker deployment include ledger immutability, transaction validation workflows, and smart contract execution typical of Blockchain Platform solutions, implemented to support finance and compliance related business functions. Governance and rollout signals point to a tightened operational model, with public-facing development activity reduced and project scope narrowed to finance-related processes. ChainMaker remains the referenced Blockchain Platform in this configuration, serving a limited but concrete business function for Tencent Music Entertainment Group. |
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