XCMG Partners With Alibaba To Build XCMG-Cloud

Xuzhou, China /PRNewswire/ - XCMG announced on May 7 that it will partner with Aliyun, the cloud computing service provider of Alibaba Group Holding Limited, to build the XCMG-Cloud, a highly inclusive industrial cloud platform based on XCMG's complete data and information systems in the Industry 4.0 revolution. The XCMG-Cloud will be used to share massive data and support further global convergence.

"The internet way of thinking can break down barriers between individuals, companies, industries and countries, and coordinate more resources to establish an 'ecosystem' that benefits everyone along the sustainable development path," said Wang Min, chairman and president of XCMG. "It's XCMG's responsibility to take the first step."

XCMG launched integral projects in 2009 to upgrade the company's information system, linking research and development, production and supply chain as well as gathering 150 terabytes of industrial big data.

The system has now been applied to multiple areas such as intelligent manufacturing, remote diagnosis and after-sales service, and will become the solid foundation to support building the preliminary basic cloud platform of XCMG-Cloud.

XCMG will then construct a sharing service center together with Aliyun, which will include divisions for user, algorithm, trade, assessment and logistics to achieve modular development and management. All groups on the industrial chain will be able to take advantage of the open applications brought by XCMG-Cloud including cloud, e-commerce, intelligent supply chain, intelligent factory and social service.

"Cloud computing has greater market potential in China," commented Jin Jie, general manager of Aliyun Nanjing branch. "It takes time for enterprises to understand and accept new technology, but XCMG share our ideas and goals of forging China'sPredix platform."

With XCMG-Cloud, XCMG is establishing a new model for future development of the manufacturing industry that merges internet technologies and a platform-based company, revolutionizing the traditional product and market models that rely heavily on core technologies.

"By creating an unprecedented cloud computing platform in Chinese industrialized application and forming the first innovative cloud 'ecosystem', XCMG will lead the transition and upgrading of China's manufacturing enterprises," remarked Wang.

About XCMG
XCMG is a multinational heavy machinery manufacturing company with a history of 73 years. It currently ranks fifth in the world's construction machinery industry. The company exports to more than 170 countries and regions around the world.

For more information, please visit: www.xcmg.com, or follow XCMG Group on Facebook, Twitter, YouTube, LinkedIn and Instagram.