ZKNOW Dcquires Choerodon, A Chinse Digital Intelligent Development Platform

Technology Author: Fuller Wang Apr 21, 2022 05:05 PM (GMT+8)

The acquired Choerodon focuses on visual progress and efficient management of enterprise R & D and projects. With the continuous iterative updating and improvement of products, the current Choerodon product functions have covered the whole process of research management, project management and operation management of enterprise software and SaaS software.

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ZKNOW completed the acquisition of Choerodon, a digital intelligent development platform. After this acquisition, ZKNOW will provide enterprise customers with more perfect enterprise service management digital SaaS tool products through two product lines: YQ cloud and Choerodon. The acquired Choerodon focuses on visual progress and efficient management of enterprise R & D and projects. With the continuous iterative updating and improvement of products, the current Choerodon product functions have covered the whole process of research management, project management and operation management of enterprise software and SaaS software.

ZKNOW was founded in May 2021 by HAND Enterprise Solutions, a listed company. In recent years, HAND Enterprise Solutions has established a series of independent SaaS companies based on years of experience in digital transformation of serving customers. ZKNOW is one of them, mainly focusing on providing enterprise-level service management digital SaaS products for institute customers. In 2022, the first round of financing of ZKNOW reached 70 million CNY, which was jointly led by Matrix Partners and Blue Lake Capital, followed by Baidu Venture, and Yiren capital as the exclusive financial adviser.

Huang Jianhua, chairman of ZKNOW and CTO of HAND Enterprise Solutions, said that YQ cloud, the main product of ZKNOW, based on PAAS, helps companies and institutions build three service scenarios, including ITSM, ESM and CSM, and runs AI, low code, intelligent customer service and database capabilities through these three business scenarios. It is understood that its team has completed the integration with ZKNOW. In the future, project management modules such as cost, revenue, risk, communication and procurement will be gradually connected to provide customers with a more perfect product experience.