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Zoomlion: IoT and Cloud are enabling the next stage of growth at the chinese heavy industry giant

Zoomlion – Twimbit DX 2021 Rank 9

Zoomlion

Outcome

Zoomlion

Key highlights

Zoomlion

Introduction

Zoomlion is a Chinese heavy equipment manufacturer. It is engaged in the manufacturing, research and development of Intelligent equipment for the construction and agriculture industry. The company is building digital solutions for the entire industrial value chain, including IoT-enabled construction equipment, AI-enabled agriculture machines and ZValley OS: Its crown jewel, the Intelligent Industrial Platform.

Transformation

The industrial internet is an important digital carrier to the digital, networked and intelligent manufacturing industry. Zoomlion has begun researching the application of IoT in remote monitoring since 2005. The ZValley app serves to help Zoomlion transform its business to new manufacturing levels. It also enables, replicates and outputs the industrial internet technologies, application scenarios and its business model. ZValley aims to help more manufacturing enterprises unlock industry 4.0 technologies in their processes and systems.

In 2019, the company comprehensively advanced digital transformation. By leveraging digital technologies and the Internet of Things, the company intensified its digital operation in marketing, manufacturing, service and management. It continued to construct the “digital Zoomlion”.

By taking the ZValley OS industrial internet platform as its base and focusing on Industrial Intellect and Agricultural Machinery Intellect, Zoomlion created product application scenarios for its customers and provided user-end general operation solutions with intelligent equipment at its core.

In-house retail and development (R&D) is a big part of the firm’s strategic digital shift. Zoomlion developed intelligent core common technologies, such as Dynamic detection technology for space obstacles of moving subjects (hook), Auxiliary positioning technology for crane hoisting landing hooks, 2D and 3D construction guidance technology for excavators, as well as stone moisture content online detection technology.

The extent of the company’s technological and innovation capabilities is visible in the company’s patent filings. As mentioned earlier in this report, Zoomlion applied for 233 patents, 101 of which were invention patents that achieved significant breakthroughs in industrial internet technologies. Its efforts in leveraging nine leading industry indexes, including patent amount, homogeneity, patentability, and exclusivity, paid off. The company got picked as one of the top 500 Chinese patent enterprises for 2019 and was the highest-ranking firm in the construction machinery industry.

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