Laiye Strengths, Domain Expertise, and Key Differentiators
Laiye’s integrated suite of AI-powered RPA, intelligent document processing (IDP) platform, and Chatbot solutions help organizations in the insurance, communications, electric power, finance, retail, and healthcare industries operate at new levels of productivity and efficiency to drive new levels of success.
Laiye Recent Developments
In 2019 Laiye launched RPA Creator, Chatbot and an RPA+AI intelligent platform. It also merged with Awesome Technology.
In 2018, Laiye launched Laiye Chatbot Platform, a conversational AI Platform that helps organisations build, train and deploy chatbots.
Laiye Mergers and Acquisitions (M&A) Activities
In April 2022, Laiye acquired Mindsay, a European enterprise chatbot and voicebot platform, to Lead the Market Shift to Intelligent Automation. The addition of conversational artificial intelligence advanced Laiye’s goal of becoming the leading provider of nextgeneration Intelligent Automation software worldwide. Laiye is also planning to set up a new R&D hub in Paris.
Laiye Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Laiye 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 Laiye 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 Laiye customers.
Ownership: - x
Number of Employees: 650
Key Verticals: Automotive, Banking and Financial Services, Communication, Consumer Packaged Goods, K795, Higher Education, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Professional Services, Retail, Transportation,
Laiye Key Enterprise and Cloud Applications
Laiye 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.
Laiye 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%|
Laiye Enterprise Applications Revenues By Functional Markets, $M:
Laiye Enterprise Applications Revenues By Verticals, $M:
Laiye Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Laiye Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Laiye Customers - Breakdown by Geo, Size, Vertical and Product
No. of Laiye Customers: x
No. of Laiye Enterprise Applications Customers: x
No. of Laiye Cloud Customers: x
No. of Laiye Cloud Subscribers: x
Laiye solutions are currently supporting the global enterprises all across the Industry. Some of Laiye`s customers are: CNBG, Ke Holdings, Wyeth Nutrition, AstraZeneca, Lenovo, Talping Life Insurance, China Mobile, CIFI Holdings Group, Jointown Pharmaceutical Group and many others.
Laiye Market Opportunities, M&A and Geo Expansions
In April 2022, Laiye completed a $160 million Series C funding round with the latest tranche at $70 million which was jointly led by high-growth enterprise technology-focused private equity firms, including lead investor HOPU Magnolia, and co-leads Youshan Capital and VMS Group. Existing shareholders Lightspeed China Partners and Lightspeed Venture Partners also participated in this round.
Intelligent Automation specialist Laiye unveils EMEA expansion plans. Laiye appointed industry veteran Neil Parker as its General Manager (EMEA) to rapidly scale up Laiye’s revenues with his team growing to forty over the next six months and making inroads into key vertical markets. Laiye will also help Chinese companies with ambitions to expand and grow into Europe, giving them the capability to translate their existing operations into local languages, especially in a region which includes 24 official languages.
Laiye Risks and Challenges
Expanding sales outside the ASIA region and aligning the corporate strategy and goals in different offices worldwide will be a challenge.
Laiye Ecosystem, Partners, Resellers and SI
Over the past 12 months, Laiye more than doubled its team outside China to 100+ employees, about 15% of the total workforce, grew its partner network to 600+ strong and fostered one of the world’s largest intelligent automation developer communities of more than 600,000 registered users globally.
Laiye and KPMG China Announce Strategic Partnership to Promote Intelligent Automation Transformation in Finance Industry
Laiye Cloud Infrastructure Insights
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- Laiye Public Cloud and Infrastructure (IaaS)
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- Laiye Private Cloud and Data Centers
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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