On 21st January of 2020, Oceanpine Capital successfully held first investment salon in Beijing China, with a theme in Enterprise Software-as-a-Service (“SaaS”) and a focus on investments and start-ups of SaaS. The salon has got extensive attention from professionals in the VC/PE industry, top SaaS industry players, investment banks, law firms, accounting firms, and the media etc.
Oceanpine has invited savvy investor, entrepreneur and expert in the SaaS industry to deliver speeches on hot topics, and there are lively interaction and in-depth discussions between guests and the audience.
Mr. Jian Zhou, Managing Director of Artificial Intelligence Industry Fund of Hillhouse Capital, shared with the audiences about Hillhouse Capital's concentrations in AI and SaaS from an investment perspective.
The algorithm of AI has not changed much over the years, while the rapid breakthrough of AI in recent years is mainly in the improvement of computing power and data accumulation. Hillhouse pays much attention in enterprise’s establishment of barriers and ability in industry penetration and business execution.
Mr. Wei Zhu, Chairman of Accenture Greater China shared his opinions on the entire macro landscape of the enterprise services software market. He mentioned that it is necessary for enterprises to use service software, especially the cloud. According to Accenture's forecast, this market will show the following trends:
·Global leading companies will gradually promote customization in China, for example, Microsoft, SAP has begun the full localization in China;
·Infrastructure companies such as Huawei will participate in the enterprise service market and promote their own SaaS;
·Existing and future SaaS companies need to focus more on a certain field or industry, which may be the best model to practice.
Mr. Xianzhi Li, a savvy enterprise and the founder / CTO of Zshield Inc, also deliver a speech about start-up of SaaS industry, the major differences of SaaS between China market and the US market, and cyber security etc. Zshield Inc. is one of the portfolio company of Oceanpine.
Oceanpine Capital is research-driven and is committed to long-term compounding value investing. More investment salons on DeepTech topics are coming soon!
Source: Oceanpine Capital
