Neusoft
| Company type | Public |
|---|---|
| Industry | Software development, IT services, medical equipment manufacturing, IT education |
| Predecessor | NEU Computer Software Research and Development Centre |
| Founded | January 1, 1991 in Shenyang, China |
| Founder | Liu Jiren, Li Huatian |
| Headquarters | Shenyang , China |
Area served | Worldwide (China, United States, Japan, Switzerland, Germany, Romania) |
Key people | Liu Jiren (CEO) |
| Products | Software products, IT services, medical devices, IT education |
Number of employees | 20,000+ (2015) |
| Website | www |
Neusoft Corporation is a multinational Chinese enterprise specializing in software development, IT services, product engineering, IT education, and medical device manufacturing, with its headquarters located in Shenyang, China.
The name "Neusoft" derives from the phrase Northeastern University Software.
Established in 1991, Neusoft stands as the largest IT services company based in China as of 2023 and was recognized as the country’s leading software outsourcing firm in 2012. The company maintains subsidiaries across the United States (Livonia, Michigan; Santa Clara, California; Morrisville, North Carolina), Japan (Tokyo), Switzerland (Appenzell), Germany (Hamburg, Munich), and Romania (Cluj-Napoca).
History
Neusoft originated in 1988 when professors Liu Jiren and Li Huatian from Northeastern University founded the Computer Software and Network Engineering Research Laboratory. The enterprise began modestly with three staff members, three computers, and initial funding of RMB 30,000.
In 1990, it was renamed the NEU Computer Software Research and Development Centre and formally incorporated the following year. Early collaboration with Japan’s Alpine Electronics led to the creation of the Neu-Alpine Software Research Institute, which evolved into Neu-Alpine Software Co. Ltd by 1993, marking Alpine as Neusoft’s inaugural international customer. During this period, Liu Jiren held the position of CEO.
The development of Neusoft Park commenced in 1995. Simultaneously, the company diversified into medical technology sectors such as CT imaging through the NEU Computer Imaging Centre. In 1996, NEU Software Group Ltd. was established, initiating strategic alliances with firms including Toshiba. That same year, Neusoft became the first software company in China to be publicly listed on the Shanghai Stock Exchange. Its investor profile broadened in 1998 with a partnership involving Bao Steel.
By 2003, major investors such as Alpine Electronics, Toshiba, and Bao Steel had acquired shares in Neusoft Group. In 2004, the workforce numbered approximately 6,000 employees spread over 40 global offices, generating revenues of RMB 2.4 billion.
By 2009, Neusoft had secured its position as China’s largest software outsourcing provider but remained behind Indian firms like Tata Group and Infosys. The company reported revenues of $540 million in 2010 with a staff strength of 15,000 and served about 8,000 corporate clients mainly located in China and Japan.
By 2015, Neusoft expanded its employee base to over 20,000 personnel with six software development centers, eight regional hubs, and a presence in more than forty cities across China.
Operations
Neusoft’s business activities span five primary domains: IT services, software product development, medical equipment manufacturing, IT education, and software-related services.
Software and services
The company offers an extensive portfolio encompassing Engineering Services, On-demand Services, Business Process Outsourcing (BPO), alongside IT Education and Training programs. Engineering Services include comprehensive application lifecycle development and maintenance, ERP consulting and deployment, IT infrastructure management, software internationalization/localization efforts, professional testing services, and performance engineering tailored for global clientele.
On-demand Services incorporate Telemedicine tele-consultation solutions and medical products; additionally, Xikang serves as an integrated healthcare platform managing the entire patient care continuum.
BPO offerings cover Contact Center operations, Finance & Accounting Outsourcing, Human Resource Outsourcing (HRO), Web Content Management solutions, and IT support services.
In 2007, Neusoft became the first Chinese organization to receive ISO/IEC 27001 certification for both software outsourcing and business process outsourcing activities.
Medical equipment
Neusoft applies its proficiency in embedded software, image reconstruction, and data analysis to produce more than 40 medical devices spanning eight distinct categories: CT scanners, MRI machines, X-ray systems, Ultrasound devices, Laser Imagers, Clinical Laboratory Instruments, Holter monitors, along with associated consumables.
Its e-Hospital solution combines hospital information systems, Picture Archiving and Communication Systems (PACS), and telemedicine platforms into a unified framework.
IT Education
Neusoft operates four IT education and training centers located in Shenyang, Dalian, Chengdu, and Nanhai. These industrial hubs—referred to as Neusoft Parks or Institutes of Information—function as essential service platforms.
The main academic institution is the Northeastern University School of Biomedical and Information Engineering in Shenyang.
Neusoft educational institutions include:
- Dalian Neusoft University of Information
- Chengdu Neusoft University
- Neusoft Institute Guangdong
International partnerships
In the United States, Neusoft collaborates with major corporations such as Boeing, Cisco, EMC Corporation, HP, Hewitt Associates, Dell, IBM, Intel, Microsoft, Motorola, Oracle Database, and Symantec.
Its Japanese alliances feature prominent companies including Alpine Electronics, Fujitsu, Hitachi, Itochu, NEC, Panasonic, Sony, and Toshiba.
European partnerships encompass firms like Nokia Siemens Networks, SAP AG, Philips, and Sony Ericsson.
Industry recognition
- In 2009, Neusoft earned a place on Global Services Media's "Global Services 100," ranking within the top ten for both "Best Performers: IT Services" and "Leaders: Human Capital Development."
See also
- Dalian Neusoft University of Information
- Chengdu Neusoft University
- List of IT consulting firms
- Dalian Software Park
- Electronic information industry in China
- Software industry in China
- China Software Industry Association