On December 16, the LET'S CHUHAI CLUB-Going Overseas Southeast Asia Series Salon co-hosted by the Singapore Economic Development Board (EDB) and 36Kr Chuhai was held in Beijing. At the event, more than ten industry leaders gathered to discuss the business opportunities and challenges of companies going overseas to Southeast Asia, focusing on the strategies of Chinese companies going overseas to the Southeast Asian market. through valuable brainstorming sessions.
As a company that yields quick results in going overseas with enterprise services, Cyclone Robotics was invited to attend this salon, where it shared its experience and practices. As outlined by Zhou Jian, CTO of Cyclone Robotics, the secret of Cyclone Robotics is Good products + Localized services + Requirements discovery. Cyclone Robotics' digital transformation solutions provide valuable choices for relevant enterprises in Southeast Asia. With its partners' proven channels, and its insights into the industry, Cyclone Robotics can provide solutions tailored to customers' requirements, thus quickly gaining customer's trust, and expanding the overseas market in a steady way.
Talking about the Singapore market, Mr. Zhou said that the company is now advancing the Two Lines strategy with the domestic and international markets going together in recent years. Today's Singapore, as an ideal market, is a vibrant tech hub, home to 80 of the world’s 100 largest tech companies, and more than 4,000 local and international start-ups from around the world. In the future, Cyclone hopes to build a global Asian technology center here, based on Singapore's strong local infrastructure and vibrant enterprise ecosystem.
Win-win cooperation for mutual development is still the main theme of this era. Regarding how startup companies develop their overseas strategies, Mr. Zhou said, "To expand the Southeast Asian market, we should not only rely on successful experience and technological advantages in China, but also deepen cooperation with partners, broaden the scope of cooperation, and serve customers with higher quality and efficiency. Before we went overseas, we had communicated deeply with relevant parties. Everyone had a positive attitude towards our expansion into Southeast Asia market and highly affirmed our prospects. Behind this is our mutual understanding and trust won through years of cooperation. Their support injected a strong power to our growth.”
Mr. Zhou also pointed out that Cyclone Robotics pays much attention to practical cooperation with a few official institutions like SNEF-Singapore National Employers Federation, Asian Supply Chain, and so on, which plays a vital role in bridging the gaps in development philosophy between both parties. At the same time, Cyclone has also provided joint courses and workshops for local business leaders in a bid to advance the sustainable development in RPA and AI.
Cyclone's guidelines and practices in going overseas to Southeast Asia provide valuable lessons that can be learned by new companies. In this regard, Zhou Jian shared his own views. He said: " Enterprises should align their products to the types of customers at home and abroad, to meet their unique requirements. Thanks to China's leading AI technology and local talents in Singapore, they can adopt algorithms covering more customers to compete with the world's leading companies."
As the world's leading RPA company and a leader in the Hyper--Automation area, Cyclone Robotics has become the only one RPA provider listed in both Gartner Magic Quadrant and the Forrester Wave Report in China. It serves customers in the market with end-to-end software automation platforms, cloud-native platforms, and digital transformation. solutions. Over the past three years, its average annual growth rate exceeded 400%. Under the continual interests from top investors, it completed its C Round Financing worth $150 million in November in 2021, setting a record for the largest amount in a single financing transaction in the industry.
The LET'S CHUHAI CLUB - Going Overseas Southeast Asia Series Salon aims to build a new economic ecosystem bridge between the two sides, and further promote market exchanges and cooperation between Southeast Asia and China. Since September, three events have been held in Chengdu, Shanghai, and Shenzhen, attracting more than 150 companies going overseas in China to attend.
