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Liu Guodong, general architect of the BD-OS system and R&D director of Baifendian, makes a speech. [Photo provided to China Daily] |
A Beijing-based company Baifendian Information Technology Inc released a new corporate big data operating system on Sept 8, helping Internet and real companies manage data.
The product frees users from the tedious work of dealing with codes and details with a visual operation interface, a systematic data process flow, intelligent operating guide, and an integrated operation platform.
"In the era of big data 2.0, traditional structured data storage and computing cannot meet corporate demands for a huge amount of unstructured data," said Liu Guodong, general architect of the system and R&D director of Baifendian.
The new system (BD-OS) provides end-to-end management solutions and visual services, a change as significant as the change from DOS to Windows, he added.
The company also announced another 400 million yuan ($62.9 million) of financing capital from venture capitals led by Everbright Securities on the same day, its D round of financing and a new record for big data companies in China.
The fundraising was a market confirmation of Baifendian's technology, products, teams and customers after six years of accumulation. It is also a sign of the company’s leading position in the industry, said Su Meng, founder and CEO of Baifendian.
Baifendian, a company developing sophisticated recommendation engine and comprehensive consumer preference database in China, is providing big data services to around 2,000 websites and companies, including Huawei, TCL, China Construction Bank, yhd.com, and China Telecom. It also cooperates with Microsoft and Huawei, with the Azure cloud and Huawei cloud tied with BD-OS in sales.
"Data resources have become national strategic resources and valuable social wealth, so companies with technologies to collect and manage big data are where we put money," said Xue Feng, president of Everbright Securities.
Talking about the D round of funds, Su said "Baifendian will use the money for innovating technology and products, introducing talented people, marketing, and infrastructure. The company will join hands with customers and partners to improve the big data industry for smart business and an efficient society."
