分布式技术和国产化技术都需要较长时间的前期布局，一旦客户开始落地，意味着有了打磨产品的机会。行业内比如恒生电子UF3.0、顶点软件A5 以及华锐金融（未上市）的产品都已经在客户现场落地，我们认为这些公司已经具备先发优势。推荐标的：恒生电子，受益标的：顶点软件。

3 月8 日-4 月9 日，申万计算机指数下跌2.71%，全行业排名第20。3 月8 日-4 月9 日，上证综指下跌1.47%，沪深300 指数下跌4.32%，创业板指下跌3.09%，申万计算机指数下跌3.57%，落后上证综指2.10个百分点，领先沪深300 指数0.75 个百分点，全行业排名第19 位。

4 月12 日，全球无人机领导者大疆创新正式官宣入局车载业务，并推出「大疆车载」智能驾驶业务品牌。大疆车载作为大疆旗下智能驾驶业务品牌，致力于用空间智能科技赋能出行，专注于智能驾驶系统及其核心零部件的研发、生产、销售等服务。将于4 月19 日-28 日的上海车展展示，发布相关产品。

Adobe成立于1982年，总部位于美国加州圣何塞，2008年开始布局SaaS，目前是为全球市值最大的SaaS 软件商，为客户提供内容制作、客户洞察、营销策略以及广告分析多重服务，是全球最大的创意软件厂商、PDF文档管理软件厂商，以及营销软件厂商。Adobe发展路线是从早期的PostScript起步，从传统软件向SaaS转型，是典型的软件服务公司发展路线。

相对看好三个子行业的机会：人工智能、工业软件、网络安全。人工智能行业边际改善；工业软件迎来新的发展机遇，同时景气高；网络安全行业今年在多重因素影响下保持快速增长。中小市值公司与大市值公司预计风格将逐渐平衡。

The surgical equipment market has witnessed significant changes with evolving technology such as minimally invasive surgeries, surgical robotics, and the introduction of power assisted surgical tools. These technologies exemplify the recent and unique advancements in the field of medical devices and strengthen the effectiveness of surgical procedures. Moreover, high susceptibility of geriatric population to various chronic disorders boosts the growth of the surgical equipment market. This report provides a detailed analysis of the global surgical equipment market, including market estimates and trends through 2027. It covers the surgical equipment by type, application, and region. The different types of surgical equipment included in this report are surgical sutures & staplers, handheld surgical instruments, and electrosurgical devices.

A stylus is a pen-shaped electronic instrument with a round design that moves smoothly across different touchscreen devices. This instrument is used to navigate on a tablet, phone, or interactive white boards. It is widely used for variety of work such as write in apps for taking notes, drawing, swipe for navigating, touch & hold to copy and paste, and tap on touchpad or screen keyboards to select button choices. Stylus pen allows quick & easy data storage in digital form in touchscreen-based electronic gadgets, owing to the fact that information or data written in analog form automatically gets changed into digital form, which makes it fit for wider usage across different industry verticals.

Hearing aids are mainly battery-powered electronic devices that are designed to relieve the strain of hearing for individuals suffering from hearing disabilities. These devices are available in small sizes and are easy to wear in or behind the ear. Usually, a hearing aid works with its three core components, which includes: › A microphone that picks up sound around the user › An amplifier that makes the sound louder › A receiver that sends these amplified sounds into the ear of the wearer.

Contract manufacturing in the medical device market is an outsourcing method in which a company manufactures a medical devices or parts of medical devices. The development in medical devices by contract manufacturing with third parties reduces the product development costs. Several companies have been benefitted by reduction in large capital expenditures on machinery to build a product and operational cost associated with running the machinery. A crucial component of medical device manufacturing is the speed at which it can be commercialized. Contract manufacturing plays a vital role as it enhances the speed by providing companies with on-demand access to the processes, labor, and manufacturing technologies. Single source contract manufacturing has the capability to further speed time to market for medical device manufacturers. However, it is also essential to have an ideal partner to trust with the entire design and development process.

中信证券研究部前瞻研究团队持续跟踪全球科技前沿。“全球科技产业”周报重点关注中美科技互联网巨头变化，以及全球科技产业前沿动态。我们重点关注的科网巨头公司包括：苹果、亚马逊、微软、谷歌、特斯拉、奈飞、英伟达、华为、腾讯、阿里、字节跳动、小米、三星等。