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Defending dual champion! IDC: Kingdee’s SaaS ERM and Finance rank first in the Chinese market

  • Ago 03, 2024

Recently, the International Data Corporation (IDC) published the “China Enterprise Application Management (EA) Market Tracking Research Report (2024 H2)” (IDC China Semiannual Enterprise Application (EA) Tracker, 2024 H2). The data shows that Kingdee ranks first in the Chinese market for SaaS ERM and Finance Cloud! Since 2016, Kingdee has won multiple championships in the China SaaS market for many years.

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As the leading manufacturer of management software SaaS in China, according to Kingdee International’s 2024 annual performance display, the group has deeply promoted the transformation to a cloud subscription service model, with cloud service business achieving a year-on-year growth of 13.4%, accounting for approximately 81.6% of the group’s revenue. Kingdee Cloud subscription mode offers numerous advantages such as linear investment, lower costs, safety and reliability, professional operation and maintenance, flexible expansion to support growth, and giving customers the initiative.

In the large enterprise market, Kingdee Cloud, with its intelligent, assembly, and global capabilities, provides large enterprises with AI applications for enterprise management covering finance and taxation, human resources, supply chain manufacturing, and various scenarioses of AI agents. In just 2024, Kingdee Cloud has signed contracts with numerous large central state-owned enterprises and leading private enterprises, including Tongwei Co., Yunnan Energy Investment, China National Petroleum Corporation, China Electronics, China Aviation Group, Denso China, Qingdao Beer, and Transsion Holdings, becoming a new choice for Fortune 500 companies.

Not only has the cloud transformation achieved remarkable results, but Kingdee has also excelled in the finance domain. In addition to being the market leader in Finance Cloud, it also holds the top market share in various sub-markets such as financial and accounting application cloud and Treasury management cloud, fully demonstrating its leadership in the high-end corporate finance market.

Kingdee Finance Cloud is designed with the product philosophy of “no accountants, everyone is finance,” integrating the latest financial management models, intelligent technology, and corporate practices. Based on the next-generation enterprise-level AI platform Kingdee Cloud · Cangqiong, it builds a Financial Middle Platform, treasury management, enterprise performance management, tax management, management accounting, and other next-generation finance cloud applications, creating a new world of corporate financial management.

In the field of financial and accounting application cloud, Kingdee relies on innovative technologies such as cloud computing, big data, and artificial intelligence to build applications for financial <x1>Accounting</x1>, <x2>operations</x2>, intelligent order review, and shared <x3>operations</x3>, better serving the upgrade of enterprise financial <x4>management</x4> from digitalization to intelligence. At the same time, based on the independently developed “Multi-dimensional +” database build, Kingdee EPM has comprehensive features and is smart and convenient in areas such as overall budgeting and consolidated reports. In addition, Kingdee Management Accounting Cloud leverages the event-driven accounting infrastructure to provide scenario-based management accounting application services for personnel at all levels of the enterprise, including financial indicator queries, in-depth financial analysis, budget version comparisons, management report writing, and various other application scenarioses, making strategic planning, simulation forecasting, and business decision-making more precise, enabling real-time monitoring and control, and making performance evalsuation more scientific.

In the field of treasury management, Kingdee actively responds to the policy guidance of the State-owned Assets Supervision and Administration Commission of the State Council to accelerate the construction of the treasury system, creating a value-oriented treasury solution. It focuses on several core capabilities, including global visibility of cash operations, overall coordination of financial resources, intelligent control of cash risks, and data-driven strategic decision-making, fully meeting enterprises’ requirements for the construction of intelligent treasury platforms. It has already assisted numerous Fortune 500 companies, such as China Merchants Group, Hisense, China National Foreign Trade, and Vanke, in building world-class treasury management.

XU Shaochun, Chairman of the Board and CEO of Kingdee Group, stated, “The transformation to Kingdee Cloud has been successfully done, and the next target is the AI transformation.” “At the recent 2025 Kingdee Cloud Sky AI Summit, Kingdee launched the fully upgraded Sky Agent Platform 2.0 and five major agents, including the Golden Key Financial Report (Financial Report Analysis Agent), ChatBI (Enterprise Questioning Agent), Recruitment Agent, Travel Agent, and Enterprise Knowledge Agent. These cover multiple scenarioses where AI is most widely applied in enterprises, are ready to use and easy to implement, truly making AI accessible to enterprise managers, business personnel, and all employees.”

With over thirty years of establishment, Kingdee has provided digital upgrade services to more than 7.4 million enterprises and has served over half of the Fortune 500 companies in China during this process. In the future, Kingdee will maintain its innovative advantage, grow together with various industries, ride the winds of AI, cultivate new quality productivity, and jointly discuss, build, and share a wonderful new world of enterprise management AI.

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