In less than two months, Yunsheng Technology won two rounds of first-line capital investment.

It was learned that Tianyun Intelligent RPA developer “Cloud Expansion Technology” announced that it has obtained tens of millions of A+ rounds of financing from Sequoia Capital China Fund. Since June of this year, after obtaining Jinshajiang Venture Capital and Mingshi Capital’s tens of millions of dollars of financing, Only two months later, Yunsheng Technology once again obtained first-line capital investment.

Cloud Expansion Technology CEO Liu Chungang said: This round of financing will be used for product iteration, technology research and development, market expansion and talent reserve, and continue to promote the expansion of “Tianyi Intelligent RPA” in different applications in the financial, manufacturing, energy, logistics and other industries. The landing of the scene and improve customer service capabilities.

We have reported on Yunsheng Technology in detail, Positioning “Enterprise RPA Product Providers”, providing basic RPA technology for partners in various industries to achieve commercialization.

The founding team of Yunsheng Technology is rooted in Microsoft and has more than ten years of experience in desktop automation, high-performance computing technology, and research and development and commercialization of enterprise-level software products and cloud services. Other core team members are mainly from senior business and R&D positions of companies such as Microsoft, Alibaba Cloud, Tencent, Huawei, and Inspur.

Official information shows that cloud expansion has achieved 400% growth in less than two years, and customers include several Fortune 500 companies, including finance, energy, manufacturing, and retail. In various industries such as medicine and medicine, it has realized the automation of hundreds of scenes such as finance, taxation, personnel, sales, and IT operation and maintenance. In addition to the local market, Yunfang RPA products have also entered the Japanese market.

Starting|To build an enterprise-level RPA platform,

Talking about the new development of Yunfeng, Yunfeng CEO Liu Chungang told us that in the past two months, the number of cloud expansion teams has increased by 30%, and there are many director-level talents from Microsoft, Alibaba Cloud, Tencent, and Oracle. Join. In terms of products, Cloud Expansion will release and demonstrate Tianjian Intelligent Enterprise RPA in Shanghai on September 5th Upgrade the product. On the commercial floor, Yunfang has cooperated with several partners of the four major consulting companies, head IT consulting companies and other partners to provide RPA product services (the specific partner name is confidential and cannot be disclosed temporarily). /span>

The strongest competitor of China RPA startups is undoubtedly UiPath, Blue Prism and other foreign RPA companies. Understand that, In November 2018, UiPath has announced its full entry into China. At present, the team in China has more than 70 people, and a local R&D team will be formed in the second half of this year. Blue Prism also announced recently that China is one of the five key markets in its global strategic plan. It will be fully expanded this year and has completed the full range of products.

Talking about How Yunyun competes with companies such as UiPath and Blue Prism, Liu Chungang told, first of all, to break the illusion of policy barriers and domestic identity advantages, and want to compete with international head RPA companies. Product features and experiences must be achieved and in some dimensions beyond the world’s leading competing products, easy-to-use, stable, and scalable RPA products will greatly reduce customer deployment and maintenance costs, and long-term support from partners.

With the RPA hot, I saw many companies start to develop or transform into RPA business. Some RPA companies compete for low-cost, source code, one-time sales, etc. in order to get the project, RPA will enter low Price competition situation?

Liu Chungang told that cloud expansion is aimed at mature customers and large channels. Their core concern is the RPA product itself, maintenance convenience, mature deployment stability, and quick response after-sales technical support. The price is second. Cloud expansion in business development, and rarely encounter low-cost competition.

Talking about China RPA’s core challenges and key points of competition, Liu Chungang believes that there are three points: product technology upgrade, business model innovation suitable for localization in China, and RPA ecological construction.

In the RPA ecological construction, the cloud expansion core is building three ecological circles:

  • Technology ecology, SaaS-oriented market of the day, connecting the technology supply side and the demand side; the openness and scalability of the product platform are easy for secondary development and customization, and support integration with other technologies.

  • User Ecology, launching the Tianshang Academy and the Tianshang community to continuously reduce the learning cost of RPA, provide product documentation, online and offline training to users and developers, and help users quickly understand And learn to use the Skyscraper Smart RPA.

  • Channel Ecology, always practice T-opening ecology, and establish in-depth cooperation with consulting companies and integration companies.

Starting|To build an enterprise-level RPA platform,

Zheng Qingsheng, partner of Sequoia Capital China Fund, said: “In the next decade, efficiency will become the mainstream in the competition of Chinese enterprises’ technology market. The technology development and efficiency improvement of the supply side will become various industries. Demand. We are optimistic about the solid enterprise-level service gene of Yunsheng Technology Team. I believe that sufficient focus and focus will enable Yunsheng Technology to break through the challenges of RPA technology in the Chinese market.”

Reference reading

Starting | Smart RPA platform “Cloud Expansion Technology” received $10 million in Series A financing, Jinsha Jiangchuang Investment, Mingshi Capital Investment

(I am a reporter Chen Shaoyuan, concerned about technology, Internet of Things, exchange or seeking reports plus WeChat: 963757163, please specify the company, position, name)