SANY Group, 2022 Update - Enterprise Tech Ecosystem Series

SANY Group, 2022 Update (Sany) is a global manufacturer and supplier of construction and mining machinery. Its portfolio of products includes concrete machinery, road construction machinery, crawler cranes, excavators, pile driving machinery, truck cranes, line pump, trailer pump, rotary drilling rig, port machinery, petroleum drilling machinery and wind turbines. Sany also offers services such as financing and insurance; spare parts and provides technical; on-site support and training. It operates industrial parks in Changsha, Beijing, Shenyang, Urumchi, Kunshan and Shanghai in China, and R&D and manufacturing facilities in the US, Brazil, India and Germany. Sany also operates sales offices globally.

In January 2022, SANY held its first robot programming competition, which invited 89 participants, all of whom are SANY employees from across the nation. The event consists of four entries, involved in robot-related operations in real working conditions in SANY’s Lighthouse factories.

Established in 2011, Shanghai Rising Digital is a wholly owned subsidiary of SANY, which focuses on R&D, manufacturing, sales and service of equipment electrical control system and industrial Internet of things platform.

The report provides information and insights into SANY Group's tech activities, including:

• Insights of its digital transformation strategies and innovation programs
• Overview of technology initiatives covering partnerships and product launches
• Insights on each technology initiative including technology theme, objective, and benefits
• Details of estimated ICT budgets and major ICT contracts

Scope

• SANY Group considers digitalization as core competitiveness and driving force for development. In 2020, the Group continued to promote digital transformation, and core business procedures were made standardized, online, automated, and computerized. It improved production management through real-time and on-site remote monitoring of physical assets, and with the interconnection of production equipment and online data monitoring
• As a part of its digitalization strategy, the Group constructed four lighthouse factory projects, namely wide-bodied vehicles, hydraulic supports, small port machinery and large port machinery. The lighthouse factories utilize big data, industrial internet and robotic technology to enhance automation in techniques, logistics and inspection
• The Company adheres to an R&D and innovation strategy and continuously increases its R&D investments, with a view of developing digitalized R&D capabilities. Through the strategy of digitalization, the Group has improved its R&D capabilities on developing intelligent products and lighthouse factories

Reasons to Buy

• Gain insights into SANY Group's tech operations
• Gain insights into its tech strategies and innovation initiatives
• Gain insights into its technology themes under focus
• Gain insights into various product launches and partnership strategies