Zoomlion Included in 2018 BCG Global Challengers
The Boston Consulting Group (BCG), a world-leading commercial strategy consultancy agency, recently released the 2018 Global Challengers List. It also announced the 100 representative enterprises of emerging economies across the world. Twenty-five Chinese enterprises were in the list. Zoomlion was the only one engaging in the engineering machinery industry.
BCG selects 100 challengers every 18 months based on the long-term tracking and observation of annual income; growth rate; overseas income of enterprises; and suggestions from global industry experts. Each challenger in the list is the industry leader, with the capability of changing the industry and world market.
Zoomlion has succeeded in the merger and acquisition of 5 overseas enterprises since 2001. It has made targeted investment and built plants in other countries. It now has industrial parks in India, Brazil and Belarus, and its production bases in Turkey and Saudi Arabia are under construction. Zoomlion has produced the new-generation products version 4.0 in recent years. Taking the 4.0-version products as the carrier, Zoomlion has made use of connecting technologies and devices including Internet of Things (IOT), big data, and mobile Internet to provide data supports and services to enterprises and customers.