Kongming

About Kongming

Beijing Zhongtian Kongming Technology Co., Ltd. operates as a specialized service supplier focused on big data products and comprehensive solutions. Established on December 24, 2008, the company is spearheaded by co-founder and CEO E Wei, a graduate of Tsinghua University's computer science department who furthered his studies with a master's degree in computer science from the Technical University of Munich. His journey includes experience at the American internet advertising firm Proximic before he returned to China to launch the venture in 2011.

Kongming Technology provides an enterprise-level suite of solutions that encompasses data analysis, modeling, machine learning, and artificial intelligence applications. The firm's business model is adaptable, offering clients the choice between a Software-as-a-Service (SaaS) subscription and private, on-premise deployment. This flexibility serves a diverse client base across industries such as fast-moving consumer goods (FMCG), commercial real estate, and maternal and infant foods. A core product is the 'Elemental' Universal Data Science Platform, a cloud-based visual data mining tool built on Hadoop and Spark. This platform empowers enterprises to perform in-depth data analysis and build models without needing to write code, integrating various machine learning algorithms to uncover insights. The company also delivers data-driven marketing solutions that consolidate multi-channel information, enabling precise customer segmentation and engagement.

The company has demonstrated consistent growth, marked by several successful funding rounds, including an angel round in 2011, a Series A in 2012, a Series B in 2014, and a significant milestone in 2017 when it was listed on the New Third Board (NEEQ) under the stock code 872061. This strategic move was followed by a private placement in 2018 that raised 31.8 million RMB. Kongming Technology's operations are supported by a team of over 200 professionals organized into core R&D, data analysis, and consulting and service units, with offices in Beijing and Shanghai.