Neusoft

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Neusoft Corporation
东软集团
Company typePublicly held company
SSE: 600718
IndustrySoftware Development, IT Education, Medical Equipment and Systems
Founded1991 (as Shenyang Neu-Alpine Software Co., Ltd)
HeadquartersShenyang, China (registered in Shanghai)
Key people
Liu Jiren (Chairman and CEO)
Wang Yongfeng (President and Director)
Kutsuzawa Gentaro (Vice Chairman of the Board)
RevenueIncreaseRMB 6,960 million (2012)[1]

IncreaseRMB 5,751 million (2011)[1]

IncreaseRMB 4,937 million (2010)[2]
Number of employees
20,000 (2015)[3]
Websitewww.neusoft.com

Neusoft Corporation is a Chinese multinational provider of software engineering services. Headquartered in Shenyang, China.

Neusoft is categorized into five main businesses: IT services, software products, medical equipment, IT education, software and services.

"Neusoft" is an acronym of Northeastern University Software.

Neusoft is the largest China-based company providing IT services.[4]

Neusoft has subsidiaries in United States (Livonia, Michigan, Santa Clara, California, Morrisville, North Carolina), Japan (Tokyo), Switzerland (Appenzell), Germany (Hamburg, Munich) and Romania (Cluj-Napoca).

History[change | change source]

Neusoft was founded by Northeastern University professors Liu Jiren and Li Huatian in 1988 as the Computer Software and Network Engineering Research Laboratory of Northeastern University.[5] It had three people, three computers, and capital of RMB 30,000.[6]

In 1990 it became the NEU Computer Software Research and Development Centre.[7] It was incorporated in 1991.[8] They had a collaboration with Alpine Electronics of Japan.[9]

The first stages of construction of Neusoft Park began in 1995. Neusoft incorporated the NEU Computer Imaging Centre and began to explore CT scanning and related medical technologies.[10]

The NEU Software Group Ltd. was founded in 1996. One of its early collaborations was with Toshiba.[11] In 1996, Neusoft became the first listed software company in China, with an offering on the Shanghai Stock Exchange.[12]

By 2004, Neusoft had some 6,000 employees across 40 offices around China.[13]

By 2009 it was known as China's largest software outsourcing company.[14]

Historically most of their customers are in China and Japan.[15]

By 2015, Neusoft said it had a staff of over 20,000, with six software bases, eight regional centres, and a presence in over forty cities throughout China.[3]

References[change | change source]

  1. ↑ 1.0 1.1 "Key Financial Data". Neusoft Group. Archived from the original on 10 August 2013. Retrieved 14 August 2013.
  2. ↑ "Key Financial Data". Neusoft Group. Archived from the original on 31 May 2012. Retrieved 17 April 2012.
  3. ↑ 3.0 3.1 "Company Profile". Neusoft Group. Archived from the original on 27 May 2015. Retrieved 27 May 2015.
  4. ↑ Tan, Yinglan (2011). Chinnovation: How Chinese Innovators are Changing the World. John Wiley and Sons. pp. 190–193. ISBN 978-0-470-82797-0.
  5. ↑ Sigurdson, Jon (2008). "Ningbo and Dalian: Patterns of Science and Technology Development". In Thomson, Elspeth; Sigurdson, Jon (eds.). China's Science and Technology Sector and the Forces of Globalisation. World Scientific. pp. 163–164. ISBN 978-981-277-100-1.
  6. ↑ Petti, Claudio, ed. (2012). Technological Entrepreneurship in China: How Does it Work?. Edward Elgar Publishing. pp. 74–83. ISBN 978-0-85793-899-2.
  7. ↑ Sigurdson, Jon (2008). "Ningbo and Dalian: Patterns of Science and Technology Development". In Thomson, Elspeth; Sigurdson, Jon (eds.). China's Science and Technology Sector and the Forces of Globalisation. World Scientific. pp. 163–164. ISBN 978-981-277-100-1.
  8. ↑ Petti, Claudio, ed. (2012). Technological Entrepreneurship in China: How Does it Work?. Edward Elgar Publishing. pp. 74–83. ISBN 978-0-85793-899-2.
  9. ↑ Sigurdson, Jon (2008). "Ningbo and Dalian: Patterns of Science and Technology Development". In Thomson, Elspeth; Sigurdson, Jon (eds.). China's Science and Technology Sector and the Forces of Globalisation. World Scientific. pp. 163–164. ISBN 978-981-277-100-1.
  10. ↑ Sigurdson, Jon (2008). "Ningbo and Dalian: Patterns of Science and Technology Development". In Thomson, Elspeth; Sigurdson, Jon (eds.). China's Science and Technology Sector and the Forces of Globalisation. World Scientific. pp. 163–164. ISBN 978-981-277-100-1.
  11. ↑ Sigurdson, Jon (2008). "Ningbo and Dalian: Patterns of Science and Technology Development". In Thomson, Elspeth; Sigurdson, Jon (eds.). China's Science and Technology Sector and the Forces of Globalisation. World Scientific. pp. 163–164. ISBN 978-981-277-100-1.
  12. ↑ Petti, Claudio, ed. (2012). Technological Entrepreneurship in China: How Does it Work?. Edward Elgar Publishing. pp. 74–83. ISBN 978-0-85793-899-2.
  13. ↑ Sigurdson, Jon (2008). "Ningbo and Dalian: Patterns of Science and Technology Development". In Thomson, Elspeth; Sigurdson, Jon (eds.). China's Science and Technology Sector and the Forces of Globalisation. World Scientific. pp. 163–164. ISBN 978-981-277-100-1.
  14. ↑ Subler, Jason (January 30, 2009). "China's Neusoft sees profits up 20 pct in 2009". Reuters. Archived from the original on September 24, 2015. Retrieved May 13, 2021.
  15. ↑ Fannin, Rebecca (19 March 2010). "China: $1 Billion And Ambition". Forbes.
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