Hangzhou GreenCloud Tech

Hangzhou GreenCloud Tech, officially known as Hangzhou GreenCloud Software Co., Ltd., was established in 2010 and has positioned itself as a key digital ecosystem service provider for the hospitality industry in China. The company's founders and core team brought with them approximately 30 years of prior experience in the hotel IT sector. The founder, Yang Mingkui, who serves as Chairman and CEO, was previously part of the founding team of Westsoft, a company later acquired by Shiji Group. This deep-rooted experience in hotel information systems has been a foundational element of GreenCloud's strategy and development.

The company's primary offering is the iHotel information platform, a cloud-based, comprehensive solution developed in-house. This platform operates on a B/S (Browser/Server) architecture and is designed to provide hotels and hotel groups with integrated services covering operations management, marketing, e-commerce, and mobile connectivity. GreenCloud's business is structured around four main pillars: GreenCloud PMS (Property Management System), Oracle Hospitality solutions, a data platform, and an e-commerce platform. This structure allows them to offer a wide array of digital solutions, including those for hotel accommodation, catering, group management, and large-scale cultural tourism complexes. Their client base is diverse, encompassing everything from five-star luxury hotels and international chains to economy hotels and independent inns, serving over 30,000 clients, including more than half of China's top 50 hotel groups.

A significant aspect of GreenCloud's business model is its strategic partnership with Oracle. As a platinum member of the Oracle Partner Network, GreenCloud is an authorized distributor for Oracle Hospitality solutions, including the widely used Opera PMS. This allows GreenCloud to service high-end hotels that rely on Oracle's global standard systems while also offering its proprietary GreenCloud PMS. The company generates revenue by providing these digital solutions and services to its extensive client base in the hotel and broader tourism industry. The firm has successfully completed multiple funding rounds, securing significant investments from entities like Tongcheng Capital, Cowin Capital, and companies associated with Trip.com Group (formerly Ctrip), indicating strong investor confidence in its market position and growth trajectory.

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