-XCMG Machinery forms strategic alliances with IBM and SAP to foster global intelligent and digital transformation and drive international business growth
XUZHOU, China, July 28, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has officially signed a long-term strategic cooperation agreement with IBM and a strategic cooperation memorandum with SAP recently to boost the intelligent and digital transformation of the group to further elevate its competitive advantages in the global market and build a world-class company.
Partnerships with SAP and IBM will drive XCMG's comprehensive promotion of "high-end, intelligent, green, service-oriented and globalization" transformation and upgrade strategies.
"Intelligent and digital transformation is the engine driving the next technological revolution and industry evolution; it is driving business model innovation and is a strategic choice to achieve high-quality development," said Yang Dongsheng, president of XCMG. "XCMG is excited to partner with IBM, a world-leading digital transformation service provider with the best capabilities and end-to-end solutions, and SAP, a global expert in optimizing operation and management through advanced technologies. advanced digital technology and deep industry experiences, as we achieve our development goals, build a modern industrial system, and reach the Everest of the industry."
Leveraging IBM's unique technologies, capabilities and experiences in accelerating intelligent and digital transformation, the cooperation of XCMG and IBM will involve the fields of R&D and innovation management, supply chain, manufacturing and quality, marketing and service, finance and human resources, as well as the areas of governance of corporate management, international development, operation, process management, data-based governance and digital platform.
Li Yujing, senior partner and managing director of business transformation services at IBM Consulting Greater China, noted that XCMG is not only a leader in China's construction machinery industry, but is also setting the benchmark for scientific innovation. and technological development of China, high quality. IBM is very proud to become a long-term partner of XCMG and support XCMG's strategic imperatives with IBM's expertise in digital transformation and experiences from the construction machinery industry.
XCMG has achieved pioneering results in information construction that have helped XCMG's industrial transformation and high-quality development through the 15-year long-standing partnership with SAP since 2008 and further extended by the cooperation agreement of "Industry 4.0" signed in 2015. Throughout the last 15 years. The new strategic collaboration will be key to XCMG's smart and digital transformation agenda to drive process optimization and management reform. SAP will bring its advantageous digital technologies and industry expertise to optimize XCMG's operations in the fields of global marketing and services, resilient supply chains and smart manufacturing, smart global financial operations, global human resources, data governance, and green development. and sustainable.
"XCMG has been a customer of SAP for many years and we have established a solid foundation of cooperation. We are very excited to further deepen our partnership. SAP will fully mobilize our global resources and provide innovative solutions and mature practices to support the intelligent and digital transformation of XCMG and build it into a pilot data-centric, connected and green Chinese company," said Dr. Huang Chenhong, SAP Global Executive Vice President and President of SAP Greater China.
Photo - https://mma.prnewswire.com/media/2163852...
Photo - https://mma.prnewswire.com/media/2163853...
View original content: https://www.prnewswire.com/news-releases/xcmg-machinery-forma-alianzas-estrategicas-con-ibm-y-sap-301887973.html
