Chinese software maker Kingdee embraces AI, deploys DeepSeek across cloud services
Chinese enterprise software provider Kingdee International Software Group is fully embracing
artificial intelligence (AI) as
DeepSeek significantly reduces costs for businesses to adopt large language models, company executives said in an interview.
Advertisement
'DeepSeek is a groundbreaking product,' George Liu, Kingdee's vice-president and head of research and development, said in an interview on March 18. 'It's open-source and accessible to all … which brought significant benefits for companies like Kingdee and our clients.'
Kingdee is one of the largest software-as-a-service (SaaS) providers in China. Last Month, the company said it had incorporated DeepSeek models into its offerings, addressing business management needs in areas including finance, human resources and supply chain.
It also launched a platform called Cosmic, enabling enterprises to build their own customised AI agents based on DeepSeek models. The company's Hong Kong-listed shares have surged about 90 per cent this year.
'Before DeepSeek, software vendors' abilities were limited,' said Kingdee president Zhang Yong. 'Not every company has the investment resources to develop large AI models, and if you integrate other models, they're usually very expensive.'
George Liu (left), Kingdee vice-president and head of research and development, and president Zhang Yong in Hong Kong on March 18. SCMP/ Xinmei Shen
The emergence of DeepSeek 'broke AI hegemony' and made Kingdee's products and technology 'completely self-sufficient and controllable', company founder, chairman and CEO Xu Shaochun wrote in an article published on WeChat earlier this month.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
South China Morning Post
an hour ago
- South China Morning Post
Home-grown construction innovations set for global rollout
[The content of this article has been produced by our advertising partner.] Hong Kong's Construction Industry Council (CIC) is set to transform local know-how into customisable and adaptable solutions when it stages the Construction Innovation Expo 2025 (CIExpo) from December 11 to 13 at the Hong Kong Convention and Exhibition Centre. CIC chairman Thomas Ho On-sing says CIExpo 2025 will showcase smart construction technologies and Hong Kong professionals' expertise in adapting them for projects at home and abroad. Four thematic zones of innovation According to CIC chairman Thomas Ho On-sing, the triennial event will showcase latest smart construction technologies as well as the ability of Hong Kong's building professionals and tech partners in integrating and tailoring them for construction projects at home and abroad. Building on the success of the 2022 edition, which drew over 21,000 visits, 173 exhibitors and more than 2,500 conference participants, CIExpo 2025 will be divided into four thematic zones: productivity, smart construction, sustainability and safety. In addition to the exhibition halls, the three-day event will host live demonstrations, immersive site tours and a robust line-up of international conferences covering: International Construction Leadership and New Quality Productive Forces (NQPF) Construction Safety Culture and Smart Site Safety System (4S) Modular Integrated Construction (MiC) / Multi-trade integrated MEP (MiMEP) Sustainable and Smart Construction practices Export-ready solutions
South China Morning Post
8 hours ago
- South China Morning Post
How a ‘Harvard International' could boost Hong Kong as an education hub
Chief Executive John Lee Ka-chiu has invited international students worried about finishing their courses at Harvard University in the US to continue their studies at one of Hong Kong's universities. Other universities in Malaysia and Japan have put forward similar suggestions. This comes as Hong Kong is considering how to make best use of the part of the Northern Metropolis reserved for universities to bolster its role as an education hub . That site is at the heart of our future technology research and development area, and within shouting distance of Shenzhen, China's engineering and manufacturing powerhouse. Lee's invitation is a bold step in the right direction, but I suggest we take the opportunity to go even further and advance the city's higher education profile. Hong Kong should reach out to Harvard and offer to make a site available for an additional campus in the city. The new facility could be called Harvard International and admit all the university's international students and a significant number of American students at any one time, perhaps on a revolving basis. The trigger for these suggestions is the Trump administration's extraordinary attack on the American institution, widely regarded as one of the best in the world. The university has had its research grants cancelled and was told its tax status would be reconsidered while its ability to admit international students remains uncertain. We don't need to consider the merits of these assaults, and we should note that many are still subject to legal challenges in the US. But the uncertainty they have created gives Hong Kong an opening.
South China Morning Post
9 hours ago
- South China Morning Post
Hong Kong puts construction of 8,300 homes on hold in Fanling
Hong Kong's housing authorities have suspended a key public residential development in a northern town consisting of 8,300 homes due to the suspected high costs of building the flats on deep rock strata, according to a lawmaker. The suspension of the development, including its site formation and infrastructure works, in Fanling came to light on Sunday in a document the Housing Department and the Civil Engineering and Development Department submitted to the North District Council, a day before a meeting to discuss the matter on Monday. The Fanling Area 17 site, spanning about 5.47 hectares (13.5 acres) of both government and private land, is located to the east of Ling Shan Road and Jockey Club Road, south of Ma Sik Road and west of Fan Leng Lau Road. It currently houses the Fan Garden Police Driving and Traffic Training Centre. The document did not mention the exact reasons of the suspension but said: 'To align with the government's principle of maintaining sustainable public finances, the Housing Bureau has adjusted the development plan for the Fanling Area 17 public housing project after reviewing the cost-effectiveness of public housing initiatives over the next ten years.' Authorities said they had 'more flexibility to prioritise sites that are more suitable and cost-effective for construction' with sufficient land supply for public housing in the next decade. Lawmaker Edward Lau Kwok-fan, who is a member of the Legislative Council's housing panel, said the government's decision stemmed from geotechnical studies revealing unusually deep rock strata beneath the site, leading to significantly higher foundation costs.
