Huawei, Alibaba, JD.com rank No 1 in Hurun China industrial Internet of Things top 30 list
- Huawei, Alibaba and JD.com lead in smart manufacturing, business-to-business transaction platforms, and customised operations management, respectively
- Among the 30 companies listed in the overall list, 11 were based in Beijing, seven in Shanghai, and four each in Hangzhou, Guangzhou and Shenzhen
The rankings, published on Tuesday by the Hurun Research Institute, placed Huawei, Alibaba and JD.com first in smart manufacturing, business-to-business (B2B) transaction platforms, and customised operations management, respectively.
Alibaba owns the South China Morning Post.
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The smart manufacturing category was ranked according to factors such as a firm’s technological competency in IoT, the number of industries it serves, and the range of use case scenarios for its services. Companies that made it to the top 10 included Taiwanese contract manufacturing giant Foxconn’s IoT solutions provider unit, Tencent Holdings and Alibaba Cloud.
In the B2B category, companies were measured by their valuations and transaction volumes. Ranked high on the list were Jingdong Industrials, a JD subsidiary that trades industrial goods ranging from machinery to manufacturing components, and Shanghai Ganglian, which operates e-commerce platforms with a focus on steel and other raw materials such as minerals.
The customised operations management category evaluated companies based on their valuations and patents obtained in the last three years. Top scorers included artificial intelligence provider CloudWalk Technology, known for facial recognition, and Alibaba-backed Shiji Information Technology, which provides digital backbone services for the hospitality, food and retail sectors.
Among the 30 companies on the overall list, 11 were based in Beijing, seven in Shanghai, and four each in Hangzhou, Guangzhou and Shenzhen.