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Cloud ERP Market to Grow by USD 19.98 Billion (2024-2028), Digital Transformation Boosts Revenue, AI’s Impact on Market Trends – Technavio

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NEW YORK, Nov. 29, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global cloud ERP market size is estimated to grow by USD 19.98 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 11.53% during the forecast period. Growing focus on digital transformation in business organizations is driving market growth, with a trend towards integration of advanced technologies in ERP solutions. However, increasing number of cyberattacks on cloud erp software poses a challenge. Key market players include Acumatica Inc., Certinia Inc., Dassault Systemes SE, Deacom Inc., ECI Software Solutions Inc., Epicor Software Corp., Infor Inc., Microsoft Corp., Oracle Corp., Productoo, QAD Inc., Ramco Systems Ltd., Rockwell Automation Inc., Rootstock Software, Sage Group Plc, SAP SE, SYSPRO Pty. Ltd., Unit4 Group Holding B.V., Workday Inc., and Xledger.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Component (Solutions and Services), End-user (BFSI, Manufacturing and services, Government, and Others), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled           

Acumatica Inc., Certinia Inc., Dassault Systemes SE, Deacom Inc., ECI Software Solutions Inc., Epicor Software Corp., Infor Inc., Microsoft Corp., Oracle Corp., Productoo, QAD Inc., Ramco Systems Ltd., Rockwell Automation Inc., Rootstock Software, Sage Group Plc, SAP SE, SYSPRO Pty. Ltd., Unit4 Group Holding B.V., Workday Inc., and Xledger

Key Market Trends Fueling Growth

Cloud ERP market is thriving with trends such as customer relationship management, ecommerce platforms, and analytics tools. Operational efficiency is a key focus, with Data Bridge, biometric technology, and consumer electronics enhancing identification and authentication processes. Pestle analysis reveals impacts from trade regulations, geographical coverage, and organization size on strategic decisions. Expert analysis of sectors like aerospace and defense, public administration, banking, financial and insurance, and consumer preferences highlight biometric authentication for identification purposes. Technology enhancements include AI-driven biometric, encryption, and cyber threats mitigation. Cloud ERP solutions offer planning tools for manufacturing, sales processes, and supply chain management across public, private, and hybrid clouds. Human capital management and enterprise performance are crucial for construction, healthcare, IT and telecom industries. Revenue generation, investment, and system integrators complete the cloud ERP landscape. 

The cloud ERP market is experiencing substantial growth due to the integration of advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and machine learning. AI automates routine tasks, offers intelligent insights, and enables predictive analytics, allowing businesses to make informed decisions. IoT provides real-time data from connected devices, enhancing asset management, optimizing supply chains, and improving operational efficiency. Machine learning algorithms identify patterns and anomalies in large datasets, enabling demand forecasting, risk management, and personalized customer experiences. Major players in the cloud ERP market are integrating AI into their solutions to stay competitive. 

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Market Challenges

Cloud ERP systems have become essential for businesses looking to streamline their operations and improve customer relationships. However, implementing these systems comes with challenges. One major challenge is integrating cloud ERP with ecommerce platforms and analytics tools for optimal performance. Operational efficiency can be enhanced through cloud-based platforms, but geographical coverage and expert analysis are crucial for businesses expanding globally. Biometric technology, such as AI-driven biometric authentication, is essential for consumer electronics and identification purposes. However, safety and security, including encryption and cyber threats, are significant concerns. Trade regulations and import/export analysis also impact cloud ERP adoption. System Integrators play a vital role in implementing ERP solutions, including BO, AP, and AR processes. Machine Learning, Artificial Intelligence, and Generative AI technologies are enhancing cloud ERP capabilities. Businesses of all sizes must consider strategic decisions related to cloud ERP investments, including public, private, or hybrid cloud solutions, and the impact on human capital and enterprise performance in sectors like aerospace and defense, public administration, banking, financial and insurance, construction, healthcare, IT and telecom, and more.Cloud ERP software plays a vital role in connecting various business functions within an organization. Unfortunately, this makes ERP systems a prime target for cybercriminals seeking to disrupt operations and gain access to sensitive information. Hackers can exploit vulnerabilities in ERP systems through methods such as distributed denial-of-service (DDoS) attacks. These attacks can cause significant downtime and impact production efficiency. ERP systems store crucial business data, making them an attractive target. Additionally, the prevalence of default and shared passwords within organizations complicates password management and monitoring. This lack of proper IT security infrastructure increases the risk of cyberattacks, potentially causing significant damage to businesses.

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Segment Overview 

This cloud erp market report extensively covers market segmentation by

Component 1.1 Solutions1.2 ServicesEnd-user 2.1 BFSI2.2 Manufacturing and services2.3 Government2.4 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Solutions- The cloud ERP market’s solutions segment primarily focuses on the software employed by businesses for ERP implementation. Cloud ERP necessitates software platforms for efficient ERP execution. Major industries, such as BFSI, manufacturing, and services, utilize cloud ERP for managing large orders in a timely manner. Pre-configured software solutions are integral to cloud ERP, integrating pricing models, data processing speed, and quantity management. Customization to suit end-user needs, swift processing of voluminous data, dependability, affordability, and installation guidance are key features of cloud ERP software solutions. The market’s growth is driven by the increasing digitization and widespread adoption of cloud ERP solutions.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

Cloud ERP (Enterprise Resource Planning) is a business solution that integrates customer relationship management (CRM), ecommerce platforms, analytics tools, and operational efficiency in a single, cloud-based system. Data Bridge Market Research provides expert analysis on the global cloud ERP market, covering geographical coverage, planning, manufacturing, sales processes, and various industries such as aerospace and defense, consumer electronics, and epassport. The market is driven by the need for safety and security, encryption, and biometric technology for authentication. However, cyber threats and trade regulations pose challenges. Revenue is generated through strategic decisions to expand organization size and geographic coverage. Cloud ERP also offers import-export analysis, encryption, and planning tools for manufacturing and sales processes. Investment in cloud ERP is expected to increase due to its ability to enhance operational efficiency and facilitate strategic business decisions.

Market Research Overview

Cloud ERP (Enterprise Resource Planning) is a business solution that integrates customer relationship management (CRM), ecommerce platforms, analytics tools, and operational efficiency on cloud-based platforms. Data Bridge Market Research provides expert analysis on the global cloud ERP market, covering geographical coverage, consumer preferences, and trade regulations. The market is driven by technology enhancements, such as biometric authentication for identification purposes using AI-driven biometric technology and encryption for safety and security. Cloud ERP caters to various industries, including manufacturing, sales processes, aerospace and defense, public administration, banking, financial and insurance, construction, healthcare, IT and telecom, and more. The market is expected to grow due to geographic expansions, organization size, strategic decisions, and the need for increased efficiency and revenue generation. System Integrators play a crucial role in implementing cloud ERP solutions, which include ERP, BO (Business Objects), AP (Accounts Payable), AR (Accounts Receivable), Machine Learning, Artificial Intelligence, and Generative AI. Cloud ERP also offers supply chain management, public and private cloud options, and human capital management for enterprises’ performance enhancement. However, cyber threats and encryption concerns may pose challenges to the market’s growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentSolutionsServicesEnd-userBFSIManufacturing And ServicesGovernmentOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Future-oriented business model ensures successful fiscal year 2024, DEKRA continues on a path of growth and transformation

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Revenue and EBIT increased again in 2024, despite a volatile environmentNumber of core employees grew furtherDEKRA is very well positioned in its 100th anniversary year as it successfully transforms from a traditional vehicle inspection provider into a leading independent expert for digital and software-defined mobility

STUTTGART, Germany, April 14, 2025 /PRNewswire/ — DEKRA remained on track in 2024, again growing its business in a volatile economic and geopolitical environment. Global revenues increased by 4.7% to 4.29 billion euros, rising by 7% in the core business—excluding temporary work. EBIT improved by 4.2% to 266 million euros, while EBITDA rose by 5.4% to 480.1 million euros. Moreover, DEKRA’s core workforce grew by 800 employees to around 33,000. In total, some 48,000 experts work for the world’s leading non-listed testing, inspection, and certification organization.

“Thanks to our future-oriented business model, we were able to ensure robust revenue and earnings growth in another year of substantial economic tensions. The decision to focus on the key megatrends of Future Mobility, Sustainability, Cybersecurity, and Artificial Intelligence with our ‘Strategy 2025’ was essential to our economic success in 2024,” said DEKRA CEO Stan Zurkiewicz at the company’s Annual Press Conference at its headquarters in Stuttgart, Germany.

“Our people are our greatest asset. That is why we are proud to have continued expanding DEKRA’s core employee base in turbulent times like these,” added DEKRA CFO and Human Resources director Wolfgang Linsenmaier. “This is strong testimony to the resilience of DEKRA’s business model and our clear-cut ambitions going forward.”

Read the full version here:  https://www.dekra.in/en/dekra-continues-on-a-path-of-growth-and-transformation/

About DEKRA
For 100 years, DEKRA has been a trusted name in safety. Founded in 1925 with the original goal of improving road safety through vehicle inspections, DEKRA has grown to become the world’s largest independent, non-listed expert organization in the field of testing, inspection, and certification. Today, as a global partner, the company supports its customers with comprehensive services and solutions to drive safety and sustainability forward—fully aligned with DEKRA’s anniversary motto, “Securing the Future.” In 2024, DEKRA generated revenue of 4.3 billion euros. Around 48,000 employees are providing qualified and independent expert services in approximately 60 countries across five continents. DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

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Lingnan University shines at International Exhibition of Inventions Geneva, winning 5 prizes ― Record-breaking number of exhibitors and awards-winning achievements

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HONG KONG, April 14, 2025 /PRNewswire/ — Lingnan University has achieved a historic milestone at the 50th International Exhibition of Inventions Geneva, winning a record-breaking number of five awards. A total of six groundbreaking inventions from Lingnan were showcased at the exhibition, earning one Gold Medal with Congratulations of the Jury―the first time the University has achieved this honour―along with two Silver Medals and two Bronze Medals, making the number of Lingnan University’s participating and winning projects a record high.

Prof S. Joe Qin, President and Wai Kee Kau Chair Professor of Data Science, conveyed his appreciation for the record-breaking achievements of Lingnan University. He said, “This year, Lingnan has achieved a historic milestone with the number of innovative inventions showcased and awarded at the exhibition. This exceptional accomplishment reflects the University’s international recognition in the fields of science, innovation and technology transfer, further strengthening its position as a pivotal player in the global innovation arena. Lingnan will continue to focus on nurturing well-rounded liberal arts and sciences talents, advancing ‘human-centred’ AI research and development, promoting high-quality research, and enhancing ‘industry-academia-research’ collaboration. These initiatives will accelerate the transformation of research outcomes into impactful innovations, fostering the development of new quality productive forces and establishing Lingnan as a leading comprehensive university in arts and sciences in the digital era.”

For the first time, Lingnan presented multiple inventions from various faculties and departments, showcasing its collaborative spirit and ingenuity. The six groundbreaking inventions exhibited in the exhibition covered areas such as intelligent transport, digital security, carbon neutral technology and humanitarian technology, which fully demonstrated Lingnan’s strength in innovation and scientific research and its contribution to the community.

“BLOOM – A Low-cost, Energy-efficient Baby Incubator Designed for Remote and Rural Communities in Developing Countries”, which was developed by a team led by Prof Albert Ko, Director of Office of Service-Learning and Lingnan Entrepreneurship Initiative (LEI), has been awarded the Gold Medal with Congratulations of the Jury.

Silver Award-winning projects include “A Multi-time-scale Model for Day-ahead Forecasting of Passenger Travel-time and Destinations Distribution” led by President S. Joe Qin; and “Direct Air Capture Robot (DACR) System Based on Mobile Automatic Cruise Tracking Coupled with Solar Photovoltaic Power Generation and Waste Heat Recovery System” led by Prof Li Jia, Associate Professor of School of Interdisciplinary Studies.

Bronze Award-winning projects include “Decentralised Authentication of Anti-Counterfeiting QR Codes Using Vision Transformer-Based Federated Learning” led by Prof Prof Sam Kwong Tak-wu, Associate Vice-President (Strategic Research) ), Acting Dean of the School of Data Science, Dean of the School of Graduate Studies and J.K. Lee Chair Professor of Computational Intelligence; and “EmergentSync: An Intelligent Traffic Light System with Emergency Response” led by Prof Pan Fei, Assistant Professor of School of Interdisciplinary Studies.

Prof Sam Kwong Tak-wu, led the research project on “Decentralised Authentication of Anti-Counterfeiting QR Codes Using Vision Transformer-Based Federated Learning”, which won the Bronze Medal, is delighted by this remarkable achievement and said, “This award is full recognition of our team’s pioneering research and demonstrates Lingnan University’s strong commitment to cultivating young talent and transforming research outcomes into practical applications. We aim to continue addressing the urgent challenges facing the world today through innovative inventions. Moving forward, we will deepen our efforts in the relevant fields and actively expand our networks with the government and industry, and leverage our research capabilities to make greater contributions to society.”

The International Exhibition of Inventions Geneva is one of the world’s most important annual events in the field of invention, this year showcasing more than 1,050 inventions from around 35 countries or regions.

List of awarded projects and introduction

Awards

Gold Medal with Congratulations of the Jury

Project Title

BLOOM – A Low-cost, Energy-efficient Baby Incubator Designed for Remote and Rural Communities in Developing Countries

Awarded Lingnan Faculty and Staff

•        Prof Albert Ko, Director of Office of Service-Learning and Lingnan Entrepreneurship Initiative (LEI)

•        Dr Nicole Lee Man-ying, Associate Programme Director of Office of Service-Learning and Lingnan Entrepreneurship Initiative

•        Mr Adrian Lo Chun-kwong, Product Design Lead of Office of Service-Learning

•        Mr Edward Lam Chi-yin, Senior Design Engineer of Office of Service-Learning

•        Mr Martin Cheung Chun-hei, Project Engineer of Office of Service-Learning

Project description

The Bloom Baby Incubator is a foldable, portable and cost-effective baby incubator with AI technology designed for backward countries or remote and poor areas to ensure the care of newborns in different environments.

Features:

•        Accurate temperature monitoring

Combined with AI technology, through the multi-point temperature sensor data analysis, to provide accurate temperature monitoring, greatly reducing the error. This technology ensures that the incubator maintains the exact temperature level set by medical professionals, creating a safe and controlled environment for preterm babies.

•        Fault Alert

AI algorithms monitor equipment operation and provide timely alerts of module failure risks. Simple light signals and codes are used to indicate maintenance recommendations, which can be operated without relying on the internet.

•        Intelligent Energy Management

Through AI model algorithms, power consumption can be adjusted more effectively to prioritise core functions (e.g. heating system), which improves battery life in areas with unstable power supply. The technology also supports unstable voltage inputs and can be integrated with solar charging to adapt to energy conditions in remote areas.

 

Awards

Silver Medal  

Project Title

A Multi-time-scale Model for Day-ahead Forecasting of Passenger Travel-time and Destinations Distribution

Awarded Lingnan Faculty and Staff

•        Prof S. Joe Qin, President and Wai Kee Kau Chair Professor of Data Science

•        Dr Liu Yiren, Postdoctoral Fellow of Division of Industrial Data Science of School of Data Science

Project description

Funded by the Science, Technology and Innovation Commission of Shenzhen Municipality, the system uses AI algorithms analyse integrated data for predicting passenger destinations and travel time distribution throughout the subway network. The technology significantly enhances the accuracy of station outflow forecasting, optimises resource allocation, and avoid emergency.

Features:

•        Accurate Passenger Flow Prediction

Predicts the distribution of passenger travelling time and destination across multiple time scales, providing accurate predictions of passenger outflow at each station.

•        Dynamic Real-Time Adjustments

Using AI algorithms to analyses passenger flows at varying time intervals, enabling real-time resource deployment throughout the transit network. This capability minimizes service delays and provides critical predictive insights during emergencies to facilitate effective evacuations.

•        AI-Powered Interactive Visualization Platform

Using interactive visualization software to monitor and display prediction results in real time on the map. Enhanced with AI agents that monitor online sources for major events likely to impact passenger volumes.

 

Awards

Silver Medal      

Project Title

Direct Air Capture Robot (DACR) System Based on Mobile Automatic Cruise Tracking Coupled with Solar Photovoltaic Power Generation and Waste Heat Recovery System

Awarded Lingnan Faculty and Staff

Prof Li Jia, Associate Professor of School of Interdisciplinary Studies

Project description

The robot is based on an innovative amine-loaded solid adsorbent and with its autonomous cruise intelligence, it will capture carbon dioxide from the air to permanently sequester or convert it into carbon neutral products. The carbon dioxide captured by the technology can be used in agriculture, in the production of carbonated water, or as a feedstock for other chemicals.

Features:

•        AI Autonomous Navigation

DACR uses AI sensors and algorithms to autonomously navigate in urban and industrial environments, dynamically tracking and locating areas of high CO2 concentration to improve capture efficiency.

•        Intelligent Control System for Fully Automated Capture

The DACR is equipped with an intelligent control system that automatically monitors and manages the CO2 capture process and optimises operational efficiency.

 

Awards

Bronze Medal  

Project Title

Decentralised Authentication of Anti-Counterfeiting QR Codes Using Vision Transformer-Based Federated Learning

Awarded Lingnan Faculty and Staff

Prof Sam Kwong Tak-wu, Associate Vice-President (Strategic Research), Acting Dean of the School of Data Science, Dean of the School of Graduate Studies and J.K. Lee Chair Professor of Computational Intelligence

Project description

The project utilises AI models and proposes an “innovative anti-counterfeiting QR code privacy protection authentication method” to safeguard user privacy and reduce the risk of data leakage during transmission, effectively prevent tampering and improve the security of financial transactions and identity authentication, providing an innovative solution for enhancing “digital security”.

Features:

•        Privacy Protection Verification

Enhance security and reduce the risk of privacy leakage by decentralising data. The technology is suitable for application scenarios that require tamper-proof and high privacy protection, such as financial transactions and identity authentication.

•        Enhances authentication accuracy

The use of a pre-trained Vision Transformer significantly improves the accuracy of 2D code verification, ensuring that images can be clearly recognised even when blurred or distorted.

 

Awards

Bronze Medal      

Project Title

EmergentSync: An Intelligent Traffic Light System with Emergency Response

Awarded Lingnan Faculty and Staff

•        Prof Pan Fei, Assistant Professor of School of Interdisciplinary Studies

•        Mr Wang Fangyu, student of Master of Science in Cross-disciplinary Technologies+ (MScCT+)

Project description

The system adopts AI and V2I communication technology to analyse and respond to emergencies based on real-time road conditions, avoiding traffic congestion by adjusting traffic light timings, while improving road safety and efficiency.

Features:

•        Enhance Traffic Management Efficiency

Through AI image recognition and processing technology, emergency vehicles can pass through intersections quickly, enhancing traffic management efficiency.

•        AI analysis to help build a smart city

Using AI to assess the congestion level of different road sections and adjust the duration of different traffic signals in time, optimising the waiting time for vehicles and pedestrians and avoiding traffic congestion.

 

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SOURCE Lingnan University

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MGI Tech Celebrates 10 Years of DNBSEQ™ Technology: Driving Genomics Forward with Speed, Scale, and Accessibility

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SHENZHEN, China, April 13, 2025 /PRNewswire/ — MGI Tech Co., Ltd. (“MGI”), a company committed to building core tools and technologies that drive innovation in life science, proudly marks a decade since the commercialization of its proprietary DNBSEQ™ sequencing technology. Over the past ten years, DNBSEQ™ has transformed the landscape of genomics by delivering high-performance, cost-effective sequencing solutions that empower scientists, clinicians, and innovators across the globe.

First commercial launched in 2015, DNBSEQ™ has become a trusted platform for cutting-edge research and diagnostics—spanning over 3,900 installations worldwide and contributing to more than 10,900 peer-reviewed publications*. Today, DNBSEQ™ continues to stand at the forefront of sequencing innovation, driving progress in precision medicine, public health, agriculture, biodiversity, and more.

A Decade of Speed and Scale in Innovation

Powered by proprietary DNA nanoball (DNB) technology and patterned arrays, DNBSEQ™ delivers exceptional accuracy, lower duplication rates, and minimal index hopping—resulting in high-quality data at significantly lower cost. These advantages make it an ideal choice for both large-scale studies and sensitive clinical applications.DNBSEQä technology has been widely praised by users for its outstanding data quality and cost-effectiveness in different applications, including whole-genome sequencing (WGS) and whole-exome sequencing (WES). Research has also identified the platform as an excellent candidate for eukaryotic genome sequencing, metagenomic sequencing, bacterial genome research, and more, demonstrating its versatility and reliability across scenarios.

DNBSEQ™ has redefined the speed of innovation in genomic technology, offering the widest range of sequencing throughput and application coverage in the industry. Today, MGI offers a comprehensive portfolio of genetic sequencers based on DNBSEQä under T, G, and E series, including the ultra-high-throughput DNBSEQ-T20×2 which delivered the world’s first sub-$100 human genome; the widely adopted DNBSEQ-T7 for high-throughput versatility; the ultra-compact DNBSEQ-E25 designed for fieldwork and decentralized testing; the benchtop DNBSEQ-G400;and the fastest in its class for mid-to-low throughput sequencing DNBSEQ-G99; MGI’s newest flagship, the DNBSEQ-T1+, represents the latest evolution of this journey—an ultra-fast benchtop sequencer that balances power, speed, and flexibility. It reflects MGI’s ongoing commitment to continuous innovation, empowering researchers to accelerate discovery without compromise.

Enabling Multi-Omics and Real-World Impact

More than a sequencing platform, DNBSEQ™ enables a wide range of multi-omics applications—including genomics, transcriptomics, epigenomics, single-cell, and spatial omics. These capabilities make it a powerful tool across diverse scientific fields, enabling deeper insights into disease mechanisms, environmental interactions, and biological systems.

Proven in extreme environments—from the depths of the Mariana Trench to the peak of Mount Everest—DNBSEQ™ continues to deliver high-quality, reliable results wherever science needs to go.

End-to-End Solutions: Making Science Simpler

MGI complements its sequencing platforms with a suite of automation and BIT tools that deliver a seamless end-to-end workflow—from sample preparation to data analysis. These integrated solutions improve efficiency, reduce manual effort, and bring advanced genomic tools within reach for more users, regardless of lab size or location.

Inspired by the question “What if science had no barriers?”, MGI’s technology ecosystem is designed to remove bottlenecks and lower costs, enabling researchers to focus on discovery—not complexity.

Toward the $10 Genome and a More Equitable Future

As MGI looks to the future, the company is focused on achieving its most ambitious goal yet: the $10 genome. Building on the foundation of DNBSEQ™, MGI is developing next-generation sequencing technologies to further reduce costs, increase accessibility, and accelerate time to insight.

“Over the past decade, DNBSEQ™ has grown from an innovation into a global standard for high-quality, affordable sequencing,” said Dr. Rade Drmanac, Chief Scientific Officer at MGI. “We’ve opened doors for researchers everywhere—and now, we’re building the next chapter in accessible genomics.”

Genomics for All: The Mission Continues

Celebrating 10 years of DNBSEQ™ is more than a technological milestone—it is a reaffirmation of MGI’s mission: to make genomics accessible, affordable, and impactful for all. By delivering the tools that drive discovery, MGI is helping to build a healthier, more informed, and more connected world—one genome at a time.

For more information on DNBSEQ™ technology and MGI’s full product portfolio, visit: https://en.mgi-tech.com

statistics as of 30 Jun 2024

About MGI 

MGI Tech Co., Ltd.  (or its subsidiaries, together referred to MGI), is committed to building core tools and technologies that drive innovation in life science. Our focus lies in research & development, manufacturing, and sales of instruments, reagents, and related products in the field of life science and biotechnology. We provide real-time, multi-omics, and full spectrum of digital equipment and systems for precision medicine, agriculture, healthcare and various other industries. Founded in 2016, MGI has grown into a leader in life science, serving customers across six continents and have established research, manufacturing, training, and after-sales service facilities globally. MGI stands out as one of the few companies capable of independently developing and mass-producing clinical-grade gene sequencers with varying throughput capacities, ranging from Gb to Tb levels. With unparalleled expertise, cutting-edge products, and a commitment to global impact, MGI continues to shape the trajectory of life sciences into the future. To learn more, please visit https://en.mgi-tech.com/ , Linkedin, X, and Youtube.  

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