Reporter Xu Jie
According to CCTV's "News Network", on April 7, Xu Hui, CEO of "AI+Manufacturing", the first innovative Qizhi, spoke as an entrepreneur representative at the economic situation experts and entrepreneurs held by the State Council. Since the outbreak of the epidemic, the new generation of information technology has become increasingly prominent in driving the industry. Especially in the manufacturing sector, emerging technologies such as AI are reshaping the entire industrial chain, making industrial operation and resource allocation more efficient.
Innovation Qizhi is to empower the manufacturing industry with AI, is committed to using cutting-edge artificial intelligence technology to provide ENTERPRISES with AI products and solutions, its focus on manufacturing and financial services two major industries, has grown into The largest AI technology-driven solution provider in China's manufacturing AI solution market.
The first from the right in the front row is Xu Hui, CEO of Innovation Qizhi
Innovative Qizhi takes the self-developed MMOCAI platform as the technical base, precipitates and reuses technical assets, and creates full-stack AI solutions for customers. In 2021, it successfully built an intelligent manufacturing system (AIMS) based on the MMOC artificial intelligence platform, injecting AI capabilities into the daily operations of manufacturing enterprises, helping customers achieve intelligent transformation from the two dimensions of operational efficiency and information intelligence.
In the past year, Innovation Qizhi has also continuously improved the capabilities of the MMOC artificial intelligence platform, consolidated the AI technology base, introduced the Cloud cloud platform on the basis of the original MMO, provided heterogeneous resource management and scheduling capabilities and all-factor AI technology asset management and application capabilities, and effectively reduced the cost of MMO and AI solution research and development and improved efficiency through the unified management, sharing and reuse of AI assets such as computing resources and data, algorithms, features, models, etc.
It is understood that MMOC has built-in advanced technology cores such as combined feature mining, small sample learning, and pre-trained models, as well as a variety of proprietary industry algorithms developed for manufacturing scenarios. Building AI solutions based on the MMOC platform can shorten the pre-sales POC cycle and solution delivery cycle, reduce the skill requirements of delivery personnel, improve the business effect of the solution and the standardization of delivery tools and processes. It can be said that MMOC is very close to the AI technology platform of landing applications.
The continuous development of technology and business is also gradually reflected in the financial performance indicators, forming an overall development trend, superimposing the continuous enhancement of the manufacturing industry's demand for AI, and the rapid growth of the scale of innovation Qizhi in recent years, while the profitability has steadily improved, and is rapidly approaching the break-even point. On March 20, the annual report released by Innovation Qizhi showed that in 2021, the company achieved operating income of 860 million yuan, an increase of 86.3% year-on-year; profitability improved significantly, gross profit margin increased by nearly 2 percentage points over the previous year, and the adjusted net loss was 142 million yuan, narrowing by nearly 50% compared with the previous year's loss rate.
Among them, the "AI+ manufacturing" business grew strongly, with revenue of 449 million yuan in 2021, an increase of 132.5% year-on-year, accounting for more than 52.2% of the total revenue, further consolidating its leading position as a "AI+ manufacturing" solution provider in China. Behind the rapid expansion of innovation Qizhi's business, it is inseparable from continuous R&D investment, and the R&D expenditure in 2021 is 328 million yuan, an increase of 80.5% year-on-year.
In the past year, the number of customers has increased and the repurchase rate has increased, and by the end of 2021, the number of innovative Qizhi customers has increased to 159, of which the number of high-quality customers with annual revenue contributions of more than RMB4.5 million has increased from 23 in 2020 to 42 in 2021. The repurchase rate of quality customers in terms of amount is 102.5%.
Making it as simple as building blocks for enterprises to use AI is an important technical goal of Innovation Qizhi. In the future, with the innovation of Qizhi end-to-end software and hardware integration technology and solutions to better meet customer needs, and the manufacturing + AI quality customers support the first-mover advantage, the company's future revenue and profit is expected to continue to grow high.
(Edited by Zhang Mingfu)