Kingdee Strengths, Domain Expertise, and Key Differentiators
Kingdee International Software Group Company Limited, an investment holding company, engages in enterprise resource planning business. The company operates through ERP Business, Cloud Services Business, and Investment Properties Operating Business segments. The ERP Business segment sells software and hardware products; and provides software solution consulting, maintenance, upgrade, and other supporting services, as well as software implementation services.
The Cloud Services Business segment provides enterprise, finance, industry, and other cloud services. The Investment Properties Operating Business segment invests in properties. The company also develops, designs, manufactures, and sells hardware products; provides software-related and online financial services; and develops Internet and online pay technologies. It serves enterprises, government agencies, and other organizations worldwide. Kingdee International Software Group Company Limited has a strategic cooperation agreement with Chinasoft International Limited to jointly create products and scenario-based solutions around customers' digital transformation need primarily for government and enterprise markets. The company was founded in 1991 and is headquartered in Shenzhen, the People's Republic of China.
Kingdee Recent Developments
In July 2021, Kingdee Software Group Company Limited and Shenzhen BGI Gene Technology Co., Ltd signed a strategic cooperation agreement. Two parties will give full play to their respective advantages in this strategic cooperation: BGI will build the human resources digital system, quickly improve the integrated talent management structure through Kingdee s-HR information solutions, and reconstruct the digital combat capability of BGI's human resources starting from the talent development system, the organization management and control system and the full-staff service system.
Kingdee launched Kingdee Cloud Cosmic 2.0 version in 2019, an ERP platform for large enterprises and added over 100 enterprise applications on 20 cloud services. Kingdee gained 130 new cloud cosmic customers, including China Southern Industries Group Corporation, WISDRI, SF Express and Peak Group, etc.
Kingdee Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Kingdee applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Kingdee and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Kingdee ERP customers.
Kingdee Overview
Ownership: - HKG: 0268
Number of Employees: 10589
Functional Markets: Analytics and BI, Collaboration, Content Management, CRM, eCommerce, EPM, ERP Financial, ERP Services and Operations Management, HCM, ITSM, PLM, PPM, Procurement, SCM, TRM, PaaS,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K232, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Kingdee Key Enterprise and Cloud Applications
Kingdee ERP
Kingdee Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Kingdee Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Kingdee Enterprise Applications Revenues By Functional Markets, $M:
Kingdee Enterprise Applications Revenues By Verticals, $M:
Kingdee Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Kingdee Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Kingdee Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Kingdee Customers
No. of Kingdee Customers: 6800000
No. of Kingdee Enterprise Applications Customers: x
No. of Kingdee Cloud Customers: x
No. of Kingdee Cloud Subscribers: x
With its strengths in management software and Cloud services, Kingdee provides services and products to more than 6.8 million enterprises, government agencies and other organizations around the world.
Major newly added customers for Galaxy were Huawei Marine, Hikvision, Fotile, Sangfor, Netease Youdao and Xiaomi Mi Stores, etc. EAS Cloud signed a few public cloud customers, including Huawei Marine, Shanghai Huangpu Urban Development and Evercan Group.
Kingdee EAS business won new customers from China Top 500 Enterprises and Fortune Global 500 Enterprises including CRRC Zhuzhou, Hesteel Group, Xiamen C&D, Wanxiang Group, Vanke Service, Tencent CSIG and WeSure. KIS recorded steady growth in 2019 with over 100,000 new customers.
Kingdee provides services and products to more than 6.8 million enterprises, and 80 millions in total, government agencies and other organizations around the world. ERP customer wins included Gifore Agricultural Machinery Chain, TongYuan Automotive, Lianyungang Group, Guizhou Jiean Enterprise Group, Seven Wolves, China Tobacco Guizhou Industria, Taian Haiwei CNC Machinery, S&P Pharmaceutical, Shandong Shiheng Special Steel Group, Ningxia Baofeng Energy Group, Hubei Changjiang Radio and Television Media Group, Shanxi Expressway Group and many others.
Kingdee Market Opportunities, M&A and Geo Expansions
Kingdee Cloud was selected as a strategic partner of the Ministry of Industry and Information Technology, becoming a recommended cloud service provider for 26 cities in 17 provinces throughout China.
Kingdee International Software Group Company partnered with Aisino Corporation. The partnership leverages their improvements in technology and resources and actively explore multi-channel innovative value-added services in the informatization of enterprise taxation management, big data application in taxation, mobile office, shared finance management services, and internet finance.
Kingdee Risks and Challenges
Kingdee's capital infusion from JD.com could come helpful until the migration to the Cloud and mobile solutions started to produce visible results. However, the full recovery may still be years away.
Kingdee Ecosystem, Partners, Resellers and SI
In 2019, the Group formed a series of joint ventures with industry vertical leaders, such as Guangdong Xinnong Interconnection Technology with Wens Group for digital modern agricultural platform, ZRCC with CRRC Zhuzhou for railway equipment platform, and Yundee with China Unicom for industrial internet platform.
In January 2018, Kingdee and Huawei signed a strategic cooperation agreement in Shenzhen. The two companies will focus on the enterprise market, in cloud computing, big data. With the cooperation advantages of both parties, Kingdee will further consolidate its leading position in the enterprise cloud service market and help enterprises to digitally transform and upgrade. This cooperation also means that the expansion of Kingdee Cloud is accelerating.
In China, Kingdee has more than 60 branches for sales and marketing as well as 2,600 partners for consulting and implementation services around Asia-Pacific countries. Kingdee has strategic partnerships with IBM, HP, Intel, Oracle, Microsoft, and Citrix. Also, it has alliances with Sinotrust Adfaith, AMT, Zuoyou, Shine Wing, and other management consulting firms. Kingdee resellers are United Technologies(Int'l) Limited, Encore Software, Apax, Bliss, Trinity Emmanuel, T.G.Cyber Tech Co.Ltd, ChainSea, Jetmaster, Asiatek, Reach Technologies Pte Ltd, Synergistics, 4bizinet, SCS. Agit.
Kingdee Cloud Infrastructure Insights
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- Kingdee Public Cloud and Infrastructure (IaaS)
- Kingdee Platform (PaaS)
- Kingdee Application Delivery
- Kingdee Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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