Bamboocloud was Recognised with the Prestigious "2023 Hurun Global Cheetah Enterprise List" Designation!
The "2023 Hurun Global Cheetah Enterprise Conference" and the release ceremony for the "2023 Hurun Global Cheetah Enterprise List" were both accomplished with success in Guangzhou on December 19. Hundreds of attendees, including the founders/CEOs of Cheetah Enterprises, representatives of Cheetah Enterprise investment institutions, government leaders, and renowned experts and scholars, were extended invitations to engage in discourse and exchange ideas. The conference primarily centred around forthcoming trends in entrepreneurial enterprises and industries associated with Cheetah Enterprises. It also encompassed the analysis of industry dynamics and the investigation of novel developments. Technology enables the progress of industries.
The conference witnessed the joint publication of the "Hurun Global Cheetah Index 2023" by Guangzhou Nansha and Hurun Research Institute, which compiles a list of the largest unicorns and future unicorns in the world. The index illustrates the cohort of companies with the greatest investment value. Also known as "cheetah companies," the list consists of high-growth, post-2000-founded companies from around the globe that are most likely to reach a valuation of $1 billion, the threshold for unicorn status, within the next five years. The Hurun Research Institute identified 747 Cheetah-related businesses worldwide. With 291 and 246 companies, respectively, China and the United States account for 72% of the total number of cheetah companies worldwide.
The "2023 Hurun Global Cheetah Enterprise List" recognized Bamboocloud for its industry-leading position in IAM, sustained accelerated growth, technological advancements and innovations, and comprehensive scenario architecture.
Hurun Report, the organization's chairman and chief research officer, stated: "Although venture capital financing and global economic growth have slowed, the implementation of AI and ChatGPT may make the current era of entrepreneurship a "golden age"." It will generate more opportunities and have an immediate and profound effect on our way of life just one year after its inception. Despite being comparatively young in existence, these cheetah companies have already achieved a substantial magnitude of scale, as evidenced by their average valuation of close to 30 billion yuan. They are emblematic of the commerce of the future. It is evident from their activities and locations which sectors attract the most intelligent capital and youthful professionals from around the globe, as well as which nations and urban centers possess the most favorable entrepreneurial ecosystems.
"Future unicorns—Much like Cheetah enterprises, which are not yet well-known, they merit our utmost attention. It should be an excellent moment to collaborate with or invest in these start-ups while they are still in their infancy, as they are expanding at an accelerated rate. A greater degree of collaboration and financial investment is required to attain unicorn status.
"The field of digital identity management and access has entered a period of rapid development in the Chinese market from 2020, and the future market prospects are very broad," stated Wang Xiang, Vice President of Bamboocloud. The industry's global and Chinese markets are expected to increase at average annual compound growth rates of 13.1% and 15.9%, respectively, during the next ten years. Bamboocloud products have been widely used in many fields and industries, including national ministries and commissions, governments at all levels, manufacturing, energy, aviation, finance, real estate, rail transit, education, etc., in the context of the development of "Digital China." These products have established an effective, secure, and compliant digital identity system for over 1,000 customers worldwide."
Leading in the field of government and central state-owned enterprises, Bamboocloud is a leader in the development of basic middleware software and cloud application security in the area of digital identity management and access (IAM). It offers products and technical services for extremely large clients and complex scenarios. Bamboocloud's products are safe and controlled. capacities, creating fundamental hurdles; pioneering fundamental technologies, flexible enough to deploy in any scenario from cloud computing to privatisation. BambooCloud offers cloud-based hybrid cloud deployment solutions as well as privatisation options, addressing all possible scenarios for "GBCE" (government, enterprise, consumer, and user) digital identity management. Bamboocloud, a leader in the cloud market for access control and digital identity management, is offering consumers identity cloud security solutions and services that are more affordable, easier to set up, and offer greater configuration flexibility.
In order to create a win-win situation and infuse innovative vitality into the development of China's digital economy, Bamboocloud will persist in following the path of independent innovation in the future, increase R&D investment and product iterative upgrades, lead the industry's continuous development of advanced digital technologies, and collaborate with exceptional industry partners.
