[Global Network Reporter Sophie] Recently, IDC (International Data Corporation) released the latest "China Public Cloud Market Tracking Report for the Second Half of 2018", in which "China's Enterprise Application SaaS Vendor Revenue Percentage in 2018" shows that Kingdee International Software Group (Kingdee for short) continued to rank first.
In addition, in the Chinese enterprise cloud service market segment, the "IDC China Semi-annual Enterprise Application Software Market Tracking Report (H1 2019)" also shows that Kingdee's SaaS ERM public cloud (ie Cloud ERP) and financial cloud market share maintained the first place, of which financial cloud accounted for 28.4%, exceeding the total of 2-6. This is after 2016, 2017, and 2018, Kingdee once again won the overall enterprise-level SaaS, SaaS ERM and SaaS financial cloud three championships.
Accelerating cloud transformation, product technology continues to lead
The new crown epidemic in 2020 has promoted the development of cloud services in China. Data shows that medical services, pharmaceuticals, and pharmaceutical retail The cloud migration process of industries such as, education, aquaculture, and modern manufacturing will be significantly accelerated, thereby accelerating the rapid development of enterprise cloud services and TMT high-tech industries. The era of comprehensive cloudification of enterprises is coming. As early as six years ago, Kingdee had already started a comprehensive cloud transformation.
Behind the three consecutive years of ranking No. 1 in China's cloud market is Kingdee Cloud's determination to transform. At present, Kingdee has a leading Kingdee Cloud•Sky Cloud native PaaS platform and a rich SaaS cloud product system. According to Kingdee's recent 2019 results, the annual revenue increased by 18.4% year-on-year, the cloud business revenue increased by 54.7% year-on-year, and the cloud business accounted for 39.5% of the total revenue. Kingdee Cloud’s ecological layout has gradually improved. Kingdee Cloud·Starry Sky for medium, large and growing companies increased its revenue by 43.5%, continued to cover the industry, and the customer renewal rate reached 90%; Kingdee Cloud·Sky for large enterprises signed a contract with PetroChina in 2019. 130 customers such as China Power, Huawei, and SF Express; cloud products such as Kingdee Jingdou Cloud, a one-stop cloud service for small and micro enterprises, e-commerce industry cloud management Yiyun, and smart collaborative office cloud cloud home have all achieved remarkable growth.
In addition, product breakthroughs and technological innovation are the core competitiveness of Kingdee's continuous leadership in cloud services. Kingdee has always focused on technology research and development. In 2019, R&D investment increased by 44.8% year-on-year. It also indicated that R&D investment in 2020 will further increase. Kingdee Cloud·Cangqiong has already submitted 73 patents, and a core technology of the cloud native technology framework has won the National Patent Award. At the same time, in order to promote the domestically-made independent and controllable replacement plan and build a safe and reliable information technology system, Kingdee Cloud·Cangqiong has realized the independent and controllable full-stack technology from hardware to software, and cooperated with Huawei Kunpeng and other manufacturers to pass the localized useful environment All aspects of function and performance are tested.
Helping smart manufacturing power, Kingdee Cloud·Star released the first domestic MES cloud integrating PLM+ERP+MES, and won the 2019 CEIA "Best Smart Factory Light MES Product Award". To promote enterprises to move to the cloud, Kingdee Cloud·Xingkong has been listed in the list of recommended manufacturers by the governments of 26 cities in 17 provinces and regions in the country. Best SaaS partner.
Kingdee Cloud Platform's capabilities have been highlighted, and a new enterprise ecosystem will be built together
In 2019, Kingdee increased the layout of the industrial Internet and signed strategic cooperation agreements with Huawei, Wen's and other industry leaders . A joint venture with China Unicom to establish the Yundi Smart Industrial Internet Platform, which relies on infrastructure capabilities such as 5G network, cloud-network integration, cloud-side collaboration, and IoT perception to empower small and medium-sized manufacturing enterprises; joint ventures with China CITIC and CITIC Trust to establish CITIC Consumer Finance Co., Ltd. The company stimulates domestic demand and stimulates consumption.
Relying on the Kingdee Cloud·Sky platform, enterprise customers and ISV partners can use cloud native technology to improve their ecosystem. The low-code development platform based on Kingdee's dynamic domain model architecture can increase developer efficiency by more than 500%. At the same time, it provides rich microservices and API capabilities, so that ISV partners can make the most ofThe openness of the platform. It is understood that Kingdee Cloud·Sky has been selected into Gartner's global high-productivity PaaS platform supplier list.
“2020 is destined to be an extraordinary year. The winter has passed, the spring is blooming, and Kingdee has also ushered in a key year for cloud transformation.” Xu Shaochun, Chairman and CEO of Kingdee International The cloud service industry is full of confidence in the long-term development. Countries, enterprises, and individuals will accelerate the embrace of cloud transformation and mobile office. More and more traditional enterprises will make full use of new digital technology to accelerate digital transformation and move towards platform-based enterprises that integrate online and offline. Kingdee believes that by adhering to the “struggle-oriented, customer-centric, business operators’ desire for growth is our goal”, Kingdee will surely become China’s leading cloud service platform company.
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