Kingdee’s booth during a high-tech expo in Qingdao, Shandong province. The information technology company is expanding its global presence with its latest move in Singapore. CHINA DAILY
Kingdee International Software Group, a pioneer in China’s information technology industry, is looking to strengthen its presence in overseas markets with its latest move to build a new branch and open a data center in Singapore.
Jason Zhang, president of Kingdee, said: “The Singapore data center marks a crucial step in the company’s globalization strategy. Such a move is expected to bring more stable and efficient cloud services to Kingdee’s global customers.”
Through its subsidiary in Singapore, Zhang said the company will build a robust project delivery partner network and expand its presence in the Southeast Asian market in the near term.
“We have already built localization teams in economies such as Vietnam, Indonesia and Malaysia to meet the demand of the Southeast Asian market,” he said.
“But in the long term, we aim to leverage Singapore’s status as an international financial center in Asia to expand our global market footprint and achieve our goal of leading the world in software services by 2030.” , he added.
Currently, Kingdee’s businesses span 172 countries and regions, its products support 42 languages and serve more than 1,000 enterprises in achieving digital transformation abroad.
Zhang said Kingdee will aim to offer localized services but with a global vision for its data center in Singapore.
Aotecar New Energy Technology Co, one of Kingdee’s customers and manufacturer of automotive air conditioning compressors, now operates six global manufacturing bases and serves 80 percent of the world’s automotive manufacturing regions.
Using Kingdee’s cloud solutions, Aotecar, which is also a Tesla supplier, implemented its Chinese management model in North America and Mexico, including manufacturing, supply chains, finance and data analytics.
“Our Singapore business aims to serve as a strategic gateway to the Asia-Pacific and global markets, providing businesses with localized yet globally integrated solutions,” said Zhang.
To meet overseas financial compliance standards, Kingdee’s solutions already include pre-configured packages tailored to specific countries. These packages cover localized compliance requirements and suit local usage preferences, allowing businesses to operate seamlessly and flexibly.
Zhang said: “Kingdee has launched solutions that comply with international accounting standards, as well as localized packages, for countries such as Thailand, Singapore, Malaysia, Vietnam and Indonesia. By 2025, packages for Japan and Mexico will also be available.”
According to a report by the China Academy of Information and Communications Technology – a government think tank – China’s cloud market is growing faster than the global average and is expected to more than triple in the next three years.
Xiang Ligang, director general of the Zhongguancun Modern Information Consumer Application Industry Technology Alliance, a telecom industry association, said in a separate interview that Chinese cloud computing companies should not only accelerate the construction of cloud infrastructure abroad, but also accelerate the innovative capacities need to be increased. in important software applications, to better serve foreign customers.
