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Samsung SDS Seeks to Expand Portfolio, Cut Reliance on Sister Firms

Samsung SDS Seeks to Expand Portfolio, Cut Reliance on Sister Firms

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 [...]

S. Korean Firms Migrate to Cloud for Digital Overhaul

S. Korean Firms Migrate to Cloud for Digital Overhaul

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 [...]

83 pct of Companies Utilizing Public Data Hire More Workers

83 pct of Companies Utilizing Public Data Hire More Workers

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 [...]

Gov’t Turns to Technology for New Public Service Initiatives

Gov’t Turns to Technology for New Public Service Initiatives

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 [...]

Naver to Provide Cloud Service to Mirae Asset Daewoo

Naver to Provide Cloud Service to Mirae Asset Daewoo

SEOUL, Jun. 13 (Korea Bizwire) — Naver Business Platform Corp., a cloud service provider under South Korea’s top webportal operator Naver Corp., said Friday it has partnered with Mirae Asset Daewoo, a local financial company, to provide high-performance computing (HPC) cloud solutions. HPC refers to the utilization of supercomputers and other high-end computers to carry [...]