Tree Roots Interconnected Get 500 Million Yuan B Round Of Financing Will Increase R & D Investment

A few days ago, China's industrial Internet company announced that it had completed the B round of 500 million yuan financing and was invested by Ho Jun capital. Many of them were capital, Dingxing quantum, Xinghe finance, Hua Xu capital and Jingwei venture capital company. At the same time, it also created a new record of the financing amount of China's industrial Internet platform.

This round of capital tree root interconnection will continue to expand the ecological layout of China's industrial Internet industry, and continue to increase R & D investment in the industrial Internet field, such as artificial intelligence, big data and edge computing technology.

It is reported that root interconnection has created 14 industry cloud platforms including casting industry chain, injection molding industry chain and textile industry chain. Taking the industrial Internet platform as the starting point, we set up an innovative chain of intelligent products, intelligent R & D, intelligent manufacturing, intelligent service and industrial finance, so as to drive the upstream and downstream enterprises to complete the digital spanformation.

The industrial Internet platform under the tree root interconnection has successfully accessed over 560 thousand industrial equipment and connected over 450 billion assets.

On this basis, the overseas version of the root interconnection industrial Internet platform has been officially released at the 2018 Hannover Industrial Expo in Germany. It continues to expand overseas markets and provides industrial Internet platform services for local enterprises in Germany, India, South Africa and Kenya.

By the end of May 2019, through the upgrading of traditional industries, the root interconnection has been divided into 61 sub sectors, such as foundry industry, injection molding industry, machine tool manufacturing and machining industry, textile and garment industry, and diesel engine manufacturing. It can provide services for machine manufacturers, equipment users, government regulators and other social organizations in the post market services, asset management, energy management, financial leasing and other aspects.

In terms of the diesel engine manufacturing industry, the tree root interconnection successfully empowered the Guangzhou diesel engine plant, providing intelligent service platform for medium and low speed marine diesel engines based on artificial intelligence, marginal calculation and predictive maintenance. It can help the Guangzhou diesel engine plant to reduce about 30% of the equipment management cost, shorten the equipment management response time of about 20%, and integrate the service resources under the line through the intelligent service system of the root interconnect line. It is expected to help Guang Chai to increase the after-sales service revenue by more than 30% within five years.

In terms of textile industry, tree root interconnection has created Jack sewing 5G+ industrial Internet application platform for the Jack group. On the one hand, it helps Jack realize the initiative after sale service mode, shortens the service response time of more than 80%, reduces the service cost, and at the same time promotes the rapid iteration of equipment research and development based on big data, shortens the marketing time of the 10% products; on the other hand, based on the industry platform, it reduces the cost of the informatization of the small and medium-sized garment enterprises in the industrial chain, and helps the enterprises to achieve lean management.

Since 2018, the root network has been actively developing the layout of the whole country. It has settled in Suzhou, Xi'an, and Guangzhou, Beijing, Shanghai, Changsha and other regions to open up the layout of the national industrial Internet industry.

He Dongdong CEO said that in the future, root interconnection will continue to enhance platform service capabilities, integrate ecological resources and focus on customer value.