XCMG - Digital Transformation Strategies

XCMG - Digital Transformation Strategies

Summary

XCMG Construction Machinery Co Ltd (XCMG) is a manufacturer and distributor of construction equipment. The company's portfolio includes surface excavation bogie, bridge construction equipment, dredger, drill jumbo, truck crane, rough-terrain crane, all-terrain crane, crawler crane, tower crane, truck-mounted crane, concrete machinery, loaders, excavators, and piling machinery. Its road machinery includes road roller, grader, paver, asphalt distributor, asphalt mixing plant, milling machine, and asphalt pavement maintenance vehicle. The company provides product consultation, after-sales, offers spare parts, financial services, and repair services. It has services outlets in various countries across the Americas, Europe, Asia-Pacific, and the Middle East. XCMG is headquartered in Xuzhou, Jiangsu, China.

The report provides information and insights into XCMG's tech activities, including -

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

Scope

XCMG is enhancing its IoT capabilities as a part of its digital globalization strategy. The company adopted 5G technology for its industrial Internet platform, enabling a fully-connected smart factory and improving equipment maintenance and commissioning processes.
XCMG has developed an intelligent supply chain management platform to improve the operational efficiency of its supply chain.
XCMG established its North America R&D Center in Chicago. The center works in close collaboration with XCMG North America to develop and launch high-end products matching local certification and approval standards. It also emphasizes on building a comprehensives sales and service network to provide its clients with complete construction solutions.
XCMG rebranded its XCMG Cup Green Product Innovation Design Competition to X Creators Challenge Competition. The competition was launched in 2016 with focus on clean energy technologies.

Reasons to Buy

• Gain insights into XCMG'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, partnerships and acquisition strategies.