Kingdee's Strategic Investment in i-Search, Leading RPA Firm
Summary
Mr. Zhao Yanxi, executive vice president of Kingdee Software (China) Co., Ltd. ("Kingdee China"), and Mr. Tang Qisong, CEO of i-Search, attended the signing ceremony and the two sides will jointly build an enterprise process automated service platform with advanced integration of RPA technology in the future. Based on the statistics, the RPA market size in China reached RMB1.02 billion in 2019, representing an increase of 96.6% as compared to the previous year. By scenario integration of RPA with various Kingdees cloud products, to provide RPA digital staff solutions for enterprises to replace high-frequency, repetitive, time-consuming and error-prone manual operations so as to meet the demands for mass robot applications with multi-scenarios including finance, human resources, supply chain and marketing. At present, Kingdee Cloud Cosmic Platform has built three core-technology product systems which focus on integrated low-code family, enterprise cloud-native and data intelligence applications. Kingdee and i-Search will play their respective roles to strengthen the Kingdee Cloud Cosmic Platform capability with RPA technology, jointly innovate products, build intelligent and highly-effective robot application products to help enterprises build business capabilities."