•  Siemens builds intelligent post-leasing platform and provides technical support to Suzhou Financial Leasing Co., Ltd.

•  The effective operation of the intelligent post-leasing platform is made possible by Siemens’ platform technologies and IoT services

•  Collaboration between Siemens and Suzhou Financial Leasing represents technology foresight and a benchmark in the financial leasing industry in China

Suzhou Financial Leasing Co., Ltd. (“Suzhou Financial Leasing”) has today officially launched its intelligent post-leasing platform. The platform, empowered by Siemens’ business platform, data layer and IoT services, interconnects core business systems of Suzhou Financial Leasing and realizes integrated monitoring and management of leased assets ranging from vehicles and power stations to large-scale equipment. Siemens and Suzhou Financial Leasing plan to expand their joint work in globalization of financial leasing business and intelligent manufacturing finance.

With a scalable module framework and lightweight service platform, Siemens built an agile intelligent post-leasing platform of high performance, scalability and fault tolerance in line with Suzhou Financial Leasing’s IT development strategy. By setting up this business platform, Siemens will develop applications on the data layer while Suzhou Financial Leasing is able to expand its business in numerous areas in a more effective way and at a lower cost. Moreover, by integrating machine learning, cybersecurity and data fusion technologies, the financial leasing data layer accelerates data-driven development.

Dr. Zhu Xiaoxun, General Manager of IoT Service and Executive Vice President, Siemens Ltd., China said: “It’s our great pleasure to work as a strategic partner with Suzhou Financial Leasing as it works on its digital transformation. Based on our deep understanding of Suzhou Financial Leasing’s demands and its leased assets we have harnessed the best of our advanced data layer solution and IoT technology to integrate scattered leasing information and business silos. In doing so, we can help the company diversify and become more financially inclusive and more global. ”

Amid a trend to internet financial leasing, Suzhou Financial Leasing, as a complement to bank loans, is committed to establishing a new financial platform to facilitate the socio-economic development of Suzhou. Chen Qi, President of Suzhou Financial Leasing Co., Ltd. said: “As the only financial leasing company in Suzhou, we have a diversified range of leased assets in various industries, including buses, power stations and large-scale equipment, with a total value of nearly RMB20 billion. Sophisticated and accurate management and how we deploy our assets is much needed. We hope that through this collaboration the developing processes, wide operational partners and certification, as well as industrial-grade cybersecurity tactics provided by Siemens would help our company to transform digitally and to upgrade our professional management.”

Under the agreement, Siemens will provide Suzhou Financial Leasing with scalable data layer technology as the foundation for the company’s future asset management and intelligent analysis. With its expertise and experience, Siemens promises to provide more professional intelligent manufacturing services to Suzhou Financial Leasing.

Under the agreement, Siemens will provide Suzhou Financial Leasing with scalable data layer technology as the foundation for the company’s future asset management and intelligent analysis. With its expertise and experience, Siemens promises to provide more professional intelligent manufacturing services to Suzhou Financial Leasing.