Friday, May 26, 2006
http://www.networkworld.com/news/2006/052506-smb-china-kingdee.html
http://www.networkworld.com/cgi-bin/mailto/x.cgi: "At present, Kingdee competes with SAP and Oracle in the midmarket ERP (enterprise resource planning) space, but not in the high-end applications arena. The largest single customer deal Kingdee signed in 2005 was under $1 million, Ho said.
However, the Chinese company is already spending around two-thirds of its R&D budget on its Enterprise Application Suite (EAS) offering. Kingdee is also working with EAS customers to build up its expertise in particular industries. For instance, the company has worked closely with Wuhan Tobacco Group on its specific ERP implementation needs so Kingdee can later apply the knowledge learnt to other companies in the same industry, he said.
Kingdee was pleasantly surprised recently to be named by SAP as a future possible competitor, Ho said.
L�o Apotheker, SAP president of customer solutions and operations, described Kingdee as a 'meaningful company' at SAP's Sapphire U.S. user conference last week in Orlando. While Hasso Plattner, SAP's co-founder, said he expects to see a major Chinese applications player emerge within the next five to 10 years.
Kingdee is hoping to be that company, with the goal of becoming the dominant SMB ERP market player in Asia-Pacific by 2010 and harbors a longer term, more ambitious desire to rank among the world's top 10 application software providers. "
However, the Chinese company is already spending around two-thirds of its R&D budget on its Enterprise Application Suite (EAS) offering. Kingdee is also working with EAS customers to build up its expertise in particular industries. For instance, the company has worked closely with Wuhan Tobacco Group on its specific ERP implementation needs so Kingdee can later apply the knowledge learnt to other companies in the same industry, he said.
Kingdee was pleasantly surprised recently to be named by SAP as a future possible competitor, Ho said.
L�o Apotheker, SAP president of customer solutions and operations, described Kingdee as a 'meaningful company' at SAP's Sapphire U.S. user conference last week in Orlando. While Hasso Plattner, SAP's co-founder, said he expects to see a major Chinese applications player emerge within the next five to 10 years.
Kingdee is hoping to be that company, with the goal of becoming the dominant SMB ERP market player in Asia-Pacific by 2010 and harbors a longer term, more ambitious desire to rank among the world's top 10 application software providers. "
