Chuangyebang was informed that recently, Jiuzhang Data, a digital and intelligent service provider for the pan-retail industry, announced the completion of tens of millions of A+ rounds of financing. This round of financing was exclusively invested by Weed Ventures.This is another round of financing after Jiuzhang Data received investment from Shiji Retail Company in August 2021. As of March this year, the financing scale has exceeded 100 millionyuan.
It is understood that after this round of financing, Jiuzhang Data will continue to build a SaaS cloud platform AI product matrix, increase investment in SaaS product research and development resources, expand its talent team, and develop business markets.
Since its establishment, Jiuzhang Data has been deeply engaged in data analysis of the retail industry, focusing on the application of business scenario AI (BSAI), providing a digital closed-loop industry solution covering the whole link of store insight operation - business panorama analysis - intelligent marketing management. Data empowers the business and establishes the core data value for business application decision-making in the retail industry.At present, there have been practice projects for many leading customers in the retail industry, such as China Resources and Watsons, to repurchase many times. They have accumulated the industry experience of many consumer brands and retail enterprises, built a number of data value application scenarios with real pain points, and used data to drive operational efficiency. and business decisions, making management intelligent.
Since its establishment in November 2018, the development of Jiuzhang data product line links has been very clear and fast. From the data management platform and databank1.0 that were first developed and launched in 2019, the supply chain AI products launched in 2020, and then to 2021. Brand new Upgrade the cloud ecological interconnection SaaS data platform, and upgrade from data middle-end products and services in all fields to more intelligent and lightweight SaaS platform products in 4 years.
The SaaS cloud data platform, iDAS, released in April this year, is based on the cloud product architecture base. The iDAS platform integrates the system data of more than 60% of domestic ERP manufacturers, and establishes interconnected business data with nine chapters data as the main center. The platform unifies data collection standards and breaks data silos.Strengthen data mining and analysis, gain in-depth insight into customer needs, realize closed-loop data operation in digital scenarios, provide enterprises with intelligent empowerment from the three dimensions of open source, cost reduction and efficiency improvement, and build a set of powerful data platform ecological products The system has leading advantages in product power, algorithm ability and industry practice.
So far, Jiuzhang Data has successfully implemented many leading customers in the retail industry, including Watsons, China Resources, Xinjiang Friendship, Guangdong Liri, L'Oreal, Johnson & Johnson, Kao, Pechoin, Vaseline, New World Group, Shanghai Jahwa and other retail industries The customer practice service case verifies the deep insight and personalized solution ability of the nine chapters of data on the retail customer business scenarios.
At the same time, Jiuzhang Datahas reached strategic partnerships withAlibaba
Zhang Shilei, founder and CEO of Jiuzhang Data, said: "The company is currently developing Modern BI technology that integrates enhanced analysis capabilities and AI technology. And output visual analysis results. Modern BI will focus more on the retail industry, not limited to data visualization, adding more dimensions that are biased towards retail business operation analysis and recommendations. Nine chapters data plans to promote the research and development of this deep intelligence technology this year progress and speed up its commercial landing.”
Yang Xuebin, investment director of Wild Grass Venture Capital, said: "The retail industry is a pillar industry to protect the national economy and people's livelihood. The links in the industry chain are complex and competitive. There is an urgent need to build insight into data. The Jiuzhang team has been deeply involved in the retail field for many years and has accumulated profound industry knowhow. It has formed different product lines to serve large customers and small and medium customers. At the same time, the company has accumulated hundreds of industry analysis models. And solutions can truly allow data to participate in the company's production and operations as the fifth factor of production. We are optimistic about the future development of Nine Chapters data in the retail industry."
