Chinese enterprise software provider Kingdee International Software Group is fully embracing artificial intelligence (AI) as DeepSeek significantly reduces costs for businesses to adopt large language models, company executives said in an interview.
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“DeepSeek is a groundbreaking product,” George Liu, Kingdee’s vice-president and head of research and development, said in an interview on March 18. “It’s open-source and accessible to all … which brought significant benefits for companies like Kingdee and our clients.”
Kingdee is one of the largest software-as-a-service (SaaS) providers in China. Last Month, the company said it had incorporated DeepSeek models into its offerings, addressing business management needs in areas including finance, human resources and supply chain.
It also launched a platform called Cosmic, enabling enterprises to build their own customised AI agents based on DeepSeek models. The company’s Hong Kong-listed shares have surged about 90 per cent this year.
“Before DeepSeek, software vendors’ abilities were limited,” said Kingdee president Zhang Yong. “Not every company has the investment resources to develop large AI models, and if you integrate other models, they’re usually very expensive.”
The emergence of DeepSeek “broke AI hegemony” and made Kingdee’s products and technology “completely self-sufficient and controllable”, company founder, chairman and CEO Xu Shaochun wrote in an article published on WeChat earlier this month.