469-P5-LO-A20-T “After two and a half years of internal testing and six months of stress testing, today we officially release our industrial simulation cloud product, hoping to inject new strength into Suochen Technology through this product.” At the launch conference site of Suochen Technology industrial simulation cloud products, Sun Yang, vice president of Suochen Technology, said that after the cloud, industrial simulation software can help downstream applications save product development time and reduce development costs. Therefore, the product may have a certain appeal to small and medium-sized enterprises.
The only CAE industry listed company in China
Public information shows that Suochen Technology is a high-tech enterprise focusing on the research and development, sales and service of industrial simulation software (CAE), which landed on the science and Technology innovation board in 2023. At present, in addition to Suochen Technology, there are no listed companies with CAE software development as their main business.
An industry person admitted that CAE software belongs to the R & D and des469-P5-LO-A20-T ign class of industrial software, which is widely used in aerospace, weapons and ships, automobiles, electronics and electrical, medical equipment and other fields, and has a very broad market size in the civil field. According to the company’s 2023 semi-annual report and annual report, in the first half of 2023, Suochen Technology achieved operating income of 215 million yuan, an increase of 35.36%; Among them, sales of industrial simulation software reached 154 million yuan, an increase of 328.15%. In the whole year of 2023, the company achieved a total revenue of 322 million yuan, an increase of 20.10%.
“However, in the civilian sector, foreign brands have established a relatively strong product and sales system, and it is difficult for domestic brands to break through.” The industry person said.
After the cloud or force small and medium-sized enterprise market
Putting industrial simulation software on the cloud is an exploratory step taken by Suochen Technology. The reporter noted that the industrial simulation cloud is one of the investment projects of Suochen Technology when it is listed. At the conference site, Sun Yang said that with this product, downstream customers can get rid of local deployment restrictions, you can open a web page on any computer for simulation analysis, the cost of using industrial simulation software is expected to reduce, therefore, enterprises are also expected to expand the downst469-P5-LO-A20-T ream market to universities, small and medium-sized enterprises and other customer groups, and through the use of Complete product iteration and user habit training.
In the prospectus, Suochen Technology revealed more information: After the industrial simulation software is on the cloud, on the one hand, it provides sustainable revenue for software manufacturers, improves profit margins and customer stickiness, and reduces the use of piracy; On the other hand, it can also reduce hardware/labor costs for enterprise users, reduce one-time expenses, and realize on-demand purchase, and small and medium-sized enterprises can carry out simulation design by purchasing services, reducing R&D innovation costs.
