SEOUL, Dec. 17 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunication service provider, on Tuesday announced the launch of its big data trading platform that helps users to get information in various sectors to apply in their businesses. KT’s big data trading platform manages data collected by 16 parties including a card firm, a [...]
CHUNCHEON, Sept. 22 (Korea Bizwire) — Samsung SDS Co., an IT system affiliate of South Korea’s top conglomerate, will expand global partnerships to diversify its business portfolio and reduce its heavy reliance on sister companies, its chief executive has said. Hong Won-pyo, CEO of the IT subsidiary of Samsung Electronics Co., said his company has [...]
SEOUL, Aug. 26 (Korea Bizwire) — Arming with the right technology and data is critical for survival in the digital age, and that’s why more South Korean companies are scurrying to shift their IT portfolio to cloud computing space to meet a new set of business demands and bring innovation quickly. Cloud computing allows companies [...]
DAEGU, Aug. 20 (Korea Bizwire) — The Daegu Metropolitan Government said Monday that it will lay the foundation for data-based administrative innovation as it completes a project dubbed “Building a Big Data Integration Platform.” Daegu was selected in May of last year for the first time in the country in the Ministry of the Interior [...]
SEOUL, Jun. 26 (Korea Bizwire) — Most companies that use public data to do business have been able to expand employment. According to a survey conducted by the Ministry of the Interior and Safety on Tuesday, 665 out of 803 companies that use public data, or 82.8 percent, cited “expansion of employment” as their most [...]
SEOUL, Apr. 18 (Korea Bizwire) — South Korea’s dominant Internet portal and search engine, Naver Corp., said Thursday it aims to focus on its cloud computing business for public and financial service firms by taking on Amazon Inc. and other leading service providers in the burgeoning sector. In April 2017, Naver Business Platform (NBP), an [...]
SEOUL, Apr. 17 (Korea Bizwire) — The Seoul Metropolitan Government has decided to focus on big data to reduce commuting time. The city announced on Tuesday that it will set up a database of the commuting population using big data from public transportation and communication services to establish residence and traffic policies. The city signed [...]
SEOUL, Feb. 21 (Korea Bizwire) — The South Korean government plans to provide a 24-hour civil consultation service, protect victims of crimes using Internet of Things (IoT) technology, and develop a blockchain-based customs system for exporting products. South Korea’s Ministry of Public Administration and Safety announced on Wednesday that it had selected three projects to [...]
SEOUL, Jan. 23 (Korea Bizwire) — NHN Entertainment Corp.’s artificial intelligence (AI) Go program beat the reigning global champion in a match on Wednesday, scoring a complete victory in a series of games against South Korea’s top five players. NHN’s AI player HanDol defeated Shin Jin-seo in the fifth and final match held at the [...]
SEOUL, Aug. 31 (Korea Bizwire) — President Moon Jae-in vowed additional government support for the data industry Friday, stressing the need to develop big data into the country’s new growth engine. “The government will fully support the data industry as part of efforts to revitalize our economy. We will establish a new expressway of data [...]