Recently, Gartner, a globally renowned IT research and consulting firm, released the 2023 Magic Quadrant for Cloud ERP for service-Centric enterprises. Yonyou was honored as the only Chinese vendor to be recognized. Additionally, Yonyou is also the only local vendor in APAC to be listed in the Top 10 of the Global ERP SaaS Market.

The Gartner Magic Quadrant is a research methodology and visualization tool used by Gartner to monitor and evaluate companies’ development and positioning in professional technology markets. It is an industry-recognized benchmark and a crucial report for CIOs of Fortune 500 companies when procuring technology products. Inclusion in the Gartner Magic Quadrant report is a significant acknowledgment by Gartner, signifying Yonyou’s tremendous recognition in terms of company strength, product capabilities, market attractiveness, and technological prowess.

YonBIP Powers Intelligent Innovation for Enterprises Towards High-Quality Development

Yonyou has been deeply involved in the enterprise service industry for 35 years. Following the successful innovations in financial and ERP software, Yonyou strategically invested and conducted large-scale research and development to create a new generation of enterprise service product suites that achieve “intelligent enterprises”. YonBIP has achieved a breakthrough globally in three aspects: platform technology and application architecture, domain and industry applications, and ecological systems. Currently, YonBIP handles over 10 billion daily service requests.

YonBIP boasts eight pioneering or leading platform technologies and eight leading application architectures. It provides comprehensive support and services covering ten core areas, including finance, human resources, and supply chain, with 564 innovative services. YonBIP has accumulated nearly 100 innovative business and management practices in leading enterprises across almost 100 segmented industries. Moreover, YonBIP has established a large-scale ecosystem, including 3,088 ISV partners, enabling comprehensive digital business innovation for enterprises.

The World’s Leading Digital Intelligence Business Innovation Platform – YonBIP

For instance, a super-large central enterprise is supported by YonBIP, managing finance, human resources, and supply chain for 1,310 legal entities and 7,494 business units. A large energy industry group achieved one-click reconciliation for over 700 accounting entities through YonBIP, improving performance by 1.5 times compared to the replaced foreign counterparts. A large state-owned bank deployed YonBIP in a cloud container environment for microservices, revolutionizing its core “accounting system”, resulting in a twofold increase in financial efficiency.

As of now, more than 39,600 large and medium-sized enterprises, including many central state-owned enterprises and leading private enterprises, have chosen YonBIP to drive digital business innovation, making it the preferred platform for digitalization construction in China and globally. It has been recognized by major central media as a “national heavy weapon” for enterprise digitalization.

Yonyou’s corporate mission is to “drive business and social progress through imagination and technology”. In the new era, Yonyou will undertake the crucial responsibility of leading the vigorous development of China’s software industry. By popularizing YonBIP and serving the digitalization of enterprises in China and globally, Yonyou aims to lead enterprises into a new stage of data-driven and intelligent operations. This will enable more enterprises to succeed in digitalization, providing comprehensive assistance to leverage the advantages of the digital economy and achieve high-quality development!