Aiming at the b-end market Beijing Kingsoft Office Software Inc(688111) release digital office platform

On December 22, Beijing Kingsoft Office Software Inc(688111) released Jinshan digital office platform and three new products: Jinshan collaboration, light dimension table and Jinshan knowledge base. In an interview with the media, CEO Zhang Qingyuan of Beijing Kingsoft Office Software Inc(688111) said that the release of Beijing Kingsoft Office Software Inc(688111) digital platform does not want to compete with nailing, enterprise wechat and other software, but wants to open and empower all the existing capabilities of Beijing Kingsoft Office Software Inc(688111) to help enterprises build their own office software. "The biggest pain point of the existing office platform is that it is not open enough, Beijing Kingsoft Office Software Inc(688111) want to help customers build their own office platform."

WPS Windows client coverage exceeds 60%

By the third quarter of 2021, Beijing Kingsoft Office Software Inc(688111) WPS office had more than 200 million monthly active devices on the PC side, with a year-on-year increase of 17%; On the mobile end, the number of monthly active devices of Android version reached 278 million, a year-on-year increase of 12%; The number of monthly active devices in IOS version reached 32 million, a year-on-year increase of 21%.

"In the process of PC shrinking and declining, WPS Windows version can achieve such achievements, which is a very proud thing." Zhang Qingyuan said.

In addition, iResearch data shows that the coverage rate of WPS Windows client was only 37.5% in 2016 and 62% in 2020. Zhang Qingyuan said that in the past year, the coverage rate of WPS Windows client has increased from 59.6% to 62%. "Combined with the above data, the number of active users has increased by 44% in the past two years, but the coverage rate has only increased by a little more than 5%. This shows a problem. WPS users are becoming more and more active."

Shell finance reporter noted that in addition to the traditional local storage function of office software, WPS products have also launched the function of synchronizing to the cloud in recent years. "In the past two years, Beijing Kingsoft Office Software Inc(688111) the total number of files stored in the cloud has increased by 45%, and 125.8 billion documents are stored in the cloud. It fully illustrates that users are increasingly accepting the use of office software in the cloud and editing office software in the cloud." Zhang Qingyuan said.

how to solve the "pain point" of organizational office digital transformation

Focusing on enabling the digital transformation of large organizations and improving organizational efficiency, Beijing Kingsoft Office Software Inc(688111) today released a series of new products: Jinshan collaboration, a new generation of collaborative office platform based on document conversation and integrating Beijing Kingsoft Office Software Inc(688111) various collaborative services; Enhanced form software specially designed for multi person collaboration scenario - light dimension table; A new generation of knowledge management tools - Jinshan knowledge base, etc. Thus, Beijing Kingsoft Office Software Inc(688111) has formed a comprehensive organizational office capacity matrix, covering the whole life cycle of digital office, helping large organizations quickly complete the digitization of people, tools and processes in the organization, and realize unified security control.

As an "important play", Beijing Kingsoft Office Software Inc(688111) also released Jinshan digital office platform. Based on Beijing Kingsoft Office Software Inc(688111) product matrix, Jinshan digital office platform is an enabling solution covering content creation and management, collaborative office and business digitization after cloud transformation, medium platform transformation and secondary development. As an interactive hub for office digital transformation, it can support large and super large organizations including the government, state-owned enterprises, central enterprises and large-scale private enterprises to establish an exclusive digital office platform.

Wang Dong, vice president of Beijing Kingsoft Office Software Inc(688111) believes that there are three pain points in the digital transformation of large-scale organization office: easy disclosure of information, high self construction cost and weak openness of existing products, while Jinshan digital office platform realizes the full cloud of information and data through two enabling platforms: document platform and collaborative platform; From using a full set of platforms to module combination and even application level embedding, it provides a variety of enabling methods; It provides customized secondary development interface services, and provides a variety of delivery methods including public cloud, privatization, hybrid cloud and quanxinchuang, which solves the above three pain points.

After the press conference, Beijing Kingsoft Office Software Inc(688111) CEO Zhang Qingyuan said in an interview with the media that for Beijing Kingsoft Office Software Inc(688111) , the ceiling facing the C-end market is relatively easy to reach, and the future revenue will increase by 2-3 times, which is basically the ceiling; The b-end revenue still has a lot of room for growth. In the future, China will be the largest enterprise market with a large market space.

(Beijing News)

 

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