Deltaphone

About Deltaphone

Deltaphone, officially Beijing Defeng New Journey Technology Co., Ltd., is an industrial internet company founded in 2015 by Wang Qingjie. Wang, who serves as Chairman and CEO, previously held positions at Samsung, Siemens, and a decade at IBM, focusing on products and solutions for the energy, industrial manufacturing, and petrochemical sectors. Inspired by the concept of the "industrial internet" proposed in 2012, Wang established Deltaphone to integrate IT and OT (Operational Technology) through IoT and AI.

The company provides a full-stack industrial internet platform, products, and solutions, specializing in the energy, petrochemical, tobacco, and industrial manufacturing sectors. These industries were chosen for their strong resistance to economic cycles, high entry barriers, and significant need and budget for digital upgrades. Deltaphone's offerings include digital twin technology, predictive fault diagnosis, and safety production warnings, which help enterprises with digital transformation and system upgrades. Their product portfolio is built on three main platforms: an industrial big data platform, a secure IoT platform, and an industrial internet platform, which together form what they term the "4PE model" (Platform, Planning, Production, Product, Ecosystem).

The firm's business model focuses on providing these integrated solutions to large enterprise clients, helping them to digitize business operations, manage industrial and commercial safety, reduce production costs, and enhance operational efficiency. The company has reportedly achieved profitability and a high rate of growth, completing multiple funding rounds, including a Series B of 500 million RMB in April 2021 and a Series C in March 2022. In late 2023, Deltaphone began the process for an A-share IPO.