Recently, The Information, a world-renowned technology media outlet, announced the list of the 50 most promising start-ups in 2021 (TI50), which includes Cyclone Robotics as a promising start-up in China.
TI50, known as the benchmark of the new global technology trends, has attracted much attention from investment institutions and professionals. As one of the most influential technology venture capital media outlet in the world, The Information adheres to the principle of independent and fair reporting, extensively consults industry opinions, and collects a large amount of undisclosed business and financial information to develop this highly valuable professional list. Its aim is to discover the most promising start-up companies on a global scale, and predict technology trends and business models, providing a valuable guide for investors and practitioners.
Cyclone Robotics won this honor as a representative of technology startup companies in China. In this list, The Information stressed Cyclone Robotics' clear product strategy, business model, and global marketing capabilities, and pointed out that in the interview, it collected strong recommendations from investors, as well as positive feedback from customers on Cyclone's products and services.
According to The Information, the global demands for RPA software has significantly increased due to Covid-19 pandemic, which has stimulated the growth of these industry worldwide. China's RPA market is now in its infancy. In the past, labor-intensive companies were prevailing in the market. However, as labor costs have risen in recent years, more and more companies have turned to efficient software tools to address labor shortages. Under this circumstance, Cyclone Robotics is likely to be the next big winner in enterprise services.
Since 2019, Cyclone Robotics has witnessed explosive growth amid the global wave of RPA adoption, with an average annual growth rate of over 400%. Due to the continual interests from top investors, it has become the only one RPA provider listed both in Gartner Magic Quadrant, and in Forrester Wave Report in China. With the support from the world's top universities and experts from various industries, it can provide end-to-end software automation platforms and digital transformation solutions for the entire industry.
Specifically, The Information also emphasized the intelligent analysis tools provided by Cyclone Robotics to help customers with data analysis, in addition to the basic RPA software tools. As the first company in China to upgrade RPA to Hyper-Automation, Cyclone Robotics has been pushing forward the all-round development of traditional RPA toward Hyper-Automation products and solutions covering the full life cycle in enterprise digital transformation, helping enterprises achieve business automation across all channels through the life cycle, thus realizing the digital transformation in a lightweight, agile, and modular way.
Today, Cyclone products and solutions are serving almost a thousand customers at home and abroad from various industries like finance, energy, government, public safety, manufacturing, retail, e-commerce, and so on. In March of this year, Cyclone Robotics established Singapore branch with the aim to reach out to the Asia-Pacific market outside China. Now, the company has gained a firm foothold among top RPA providers in this region.
