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KT-led Consortium to Monitor Infectious Diseases Using Big Data

KT-led Consortium to Monitor Infectious Diseases Using Big Data

SEOUL, Jul. 7 (Korea Bizwire) — A consortium led by telecom giant KT Corp. will monitor and combat infectious diseases in real-time by using big data, the company said Friday. The consortium was selected by the Ministry of Science, ICT and Future Planning to establish the big data system for monitoring and surveillance of the [...]

SK Eyes Taxi-Hailing App Market

SK Eyes Taxi-Hailing App Market

SEOUL, Jul. 3 (Korea Bizwire) — South Korean telecommunications giant SK Telecom is considering the idea of launching an artificial intelligence-based taxi-hailing app, which the company sees as a chance to take advantage of its big data database. Though off to a late start, the IT company seems confident its service will prove popular, as [...]

S. Korean Gov’t to Train Jobseekers for Drone and Big Data Industry

S. Korean Gov’t to Train Jobseekers for Drone and Big Data Industry

SEOUL, Jun. 29 (Korea Bizwire) — The Ministry of Employment and Labor (MOEL) has announced plans to help train South Korean jobseekers for over 2,800 emerging jobs that have been identified as particularly relevant to future demand. Ranging from high technology including 3D printing, IoT, big data, solar energy, and drones to cultural content development, [...]

‘Rent’, ‘Loan’ and ‘Self Interior’ Among Most Popular Keywords on Social Media

‘Rent’, ‘Loan’ and ‘Self Interior’ Among Most Popular Keywords on Social Media

SEOUL, June 27 (Korea Bizwire) – A recent report has revealed the most popular keywords used by South Koreans on social media in recent years, a list that includes ‘rent’, ‘loan’, and ‘self interior’. Amid gloomy prospects of home ownership with a growing number of South Koreans considered ‘rent poor’, the number of mentions of [...]

South Korean Web Hosting Company Gives In to Ransomeware Hackers

South Korean Web Hosting Company Gives In to Ransomeware Hackers

SEOUL, Jun. 15 (Korea Bizwire) — South Korean web hosting site Nayana Communication has struck a deal with ransomeware hackers to pay over 1 billion won to bail the company out of its predicament after losing access to data that hackers encrypted. The South Korean web hosting provider released a statement yesterday, acknowledging a deal they [...]

Naver Facility Among the World’s Top 10 Most Beautiful Data Centers

Naver Facility Among the World’s Top 10 Most Beautiful Data Centers

SEOUL, Jun 15 (Korea Bizwire) — Naver’s data center ‘Gak’, which is located in Chuncheon, Gangwon Province, has made it to a list of the top ten of the world’s best-looking data centers, joining the likes of Google and aql. British IT journal Data Center Dynamics has recently announced ten of the most beautiful data centers [...]

Big Data Analytics to Help U.N. Achieve Key Development Goals

Big Data Analytics to Help U.N. Achieve Key Development Goals

SEOUL, May 31 (Korea Bizwire) – Advances in computing technology and dataanalytics tools are expected to help the United Nations achieve its keygoals of reducing poverty and ensuring sustainable development, the head of the U.N. agency’s sub-regional office said Wednesday. Kilaparti Ramakrishna, head and director of the U.N. Economic and Social Commission for Asia and the Pacific (UNESCAP) East and North-East Asia Office, made the remarks during a forum [...]

SK C&C Develops Blockchain-Based Physical Distribution Service

SK C&C Develops Blockchain-Based Physical Distribution Service

SEOUL, May 17 (Korea Bizwire) – SK C&C is launching a new physical distribution service which uses a distributed database system called a blockchain, the company announced yesterday. Blockchain is a groundbreaking technology that allows users to keep a record of all their transactions transparently, in linear and chronological order. Instead of saving information on a [...]

7 in 10 South Korean Companies Not Ready for 4th Industrial Revolution

7 in 10 South Korean Companies Not Ready for 4th Industrial Revolution

SEOUL, May 17 (Korea Bizwire) – Nearly seven in ten companies in South Korea are not prepared for the fourth industrial revolution, which is reshaping many economies and industries with a range of new technologies, a new report revealed. According to the report released yesterday by the Hyundai Research Institute on the perception of the fourth [...]

South Korean Government Plans to Establish 30,000 Smart Factories by 2025

South Korean Government Plans to Establish 30,000 Smart Factories by 2025

SEOUL, Apr. 21 (Korea Bizwire) — The South Korean government is poised to bring the number of smart factories in the country up to 30,000 by 2015, with plans to train 40,000 skilled workers in preparation for the ever-expanding fourth industrial revolution. Speaking to small and medium size business owners during a meeting at the [...]