Kingdee Strengths, Domain Expertise, and Key Differentiators
Through persistent efforts to explore China’s Cloud enterprise service market, Kingdee has retained the largest share in the enterprise application software sector for fast-growing enterprises for 16 consecutive years.
Kingdee’s diverse Cloud services and products are the preferred choices of leading enterprises. They include “Kingdee Cloud Cosmic” (a Cloud service platform for large enterprises), “Kingdee Cloud Galaxy” (a digital innovative Cloud service platform for medium and large enterprises and fast-growing enterprises), “Kingdee Jingdou Cloud” (one-stop Cloud services platform for micro and small-sized enterprises), “Cloud-Hub” (intelligent Cloud office), “Guanyi Cloud” (Cloud services for E-commerce operators) , “Cargeer” (Cloud services for auto dealers) and “Wojia Cloud”(Cloud services for Property Industry ).
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.
Kingdee Recent Developments
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.
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.
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.
Ownership: - HKG: 0268
Number of Employees: 9382
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, 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 Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Kingdee Key Enterprise and Cloud Applications
Kingdee Revenues, $M:
|Type/Year||2018||2019||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||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||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||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Kingdee Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Kingdee Customers - Breakdown by Geo, Size, Vertical and Product
No. of Kingdee Customers: 6800000
No. of Kingdee Enterprise Applications Customers: x
No. of Kingdee Cloud Customers: x
No. of Kingdee Cloud Subscribers: x
In 2019, 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 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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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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