Beijing Yundao Intelligent Manufacturing Technology

Beijing Yundao Intelligent Manufacturing Technology, operating as IBE (ibe.cn), is a key player in China's domestic Computer-Aided Engineering (CAE) software sector. The firm was established in March 2014 by Dr. Qu Kaifeng, who serves as the company's CEO and chairman. Dr. Qu, a Tsinghua University engineering Ph.D. holder, conceptualized the company's core strategy in 2012, inspired by the app-based ecosystem of smartphones. His background includes roles at the State Grid, Australia's Zenergy, and New Zealand's Fisher & Paykel, providing a global perspective on technology and engineering challenges that shaped the company's direction.

The company's primary focus is to resolve China's dependency on foreign industrial software by developing自主可控 (zìzhǔ kěkòng - independent and controllable) CAE root technologies. Yundao Zhizao operates on a unique business model termed "Simulation PaaS + Simulation APPs". This model aims to democratize the use of complex simulation technology, making it accessible to a broader market beyond just large corporations and simulation experts to include small and medium-sized enterprises (SMEs) and individual engineers. Revenue is generated by providing these scalable solutions, shifting from traditional software sales to a more flexible model of APP purchases and cloud-based computing rentals.

Yundao Zhizao's flagship product is Simdroid, a general multi-physics simulation Platform-as-a-Service (PaaS). Launched in 2017, Simdroid provides a powerful foundation with solvers for solid mechanics, fluid dynamics, thermodynamics, and electrodynamics. The platform's distinct feature is its no-code development environment, which allows experts to encapsulate complex simulation processes into user-friendly applications (APPs). These APPs are available through Simapps, a cloud-based industrial APP store, which significantly lowers the application barrier for SMEs. The company serves a wide array of industries, including aerospace, automotive, electronics, energy, and petrochemicals, with major clients like Huawei, State Grid, and CNOOC utilizing its technology.

The company has achieved significant financial milestones, securing numerous funding rounds from prominent investors. Notably, it raised nearly 300 million RMB in a strategic round led by Sequoia China (HongShan) in 2021 and 700 million RMB in a 2024 round co-led by Jianxin Trust and Greater Bay Area Homeland Development Fund, with participation from investors like Tencent and Huawei's Hubble Investment. Keywords: CAE simulation, industrial software, Simdroid, digital twin, simulation platform, multi-physics simulation, finite element analysis, simulation as a service, engineering software, Qu Kaifeng, domestic CAE, PaaS, simulation APP, industrial internet, intelligent manufacturing, digital design, computational fluid dynamics, structural mechanics, thermal analysis, electromagnetics simulation, high-tech manufacturing, software localization, venture capital