On February 28, 2022, Edianyun, a leading provider of integrated office IT solutions in China, filed its IPO application on the Hong Kong Stock Exchange with China International Capital Corporation as sole sponsor. Founded in 2014, Edianyun has quickly grown into a unicorn company, widely praised in China’s office IT industry, leveraging its innovative subscription-based office IT solutions that meet the needs of small and medium-sized businesses for scalable IT operations fulfill.
Traditionally, SMEs acquire most of the office IT infrastructure in direct purchase mode, ie by buying equipment and software licenses directly from PC brands, software vendors and distributors. This mode requires one-time upfront expenses for the full cost and subsequent burden of office IT operations. For most Chinese SMEs, office IT is a non-core but increasingly critical function to support core business, driven by the continuous trend of digital transformation. However, the traditional direct buyout mode requires them to operate office IT in an asset-intensive manner and to manage the complexities of IT operations themselves, which limits SMBs’ ability to scale IT operations that grow with their core business should keep up.
Edianyun addresses these vulnerabilities by providing reliable and flexible one-stop integrated office IT solutions that cover both IT infrastructure and managed IT services. The pay-as-you-go subscription method offers a usage-based monthly payment that allows SMBs to pay only for the IT resources they use and managed IT value-added services that relieve the customer of running their office IT and allow him to focus on core business. Subscription pricing is based on the number of devices used, device specifications, and scope of services managed, and customers have the flexibility to add, reduce, or upgrade subscriptions at any time.
From buyout to subscription, SMBs can allocate their office IT spend more efficiently. In terms of the cost of IT infrastructure, the use of …
