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Archive by category Big Data

Naver Uses Artificial Intelligence to Recommend Travel Ideas

Naver Uses Artificial Intelligence to Recommend Travel Ideas

SEOUL, Jan. 12 (Korea Bizwire) – South Korean Internet giant Naver announced Wednesday the launch of ConA (Context Recognition AI), an artificial intelligence platform that automatically recommends travel destinations overseas.  According to Naver, ConA uses deep learning technology and makes use of big data from online tour sites or restaurant information to come up with [...]

Big Data Helps Drive Growth of AI, Self-Driving Cars: Naver Officials

Big Data Helps Drive Growth of AI, Self-Driving Cars: Naver Officials

SEOUL, Nov. 7 (Korea Bizwire) – Big data is expected to help drive the growth of next-generation technological developments, including artificial intelligence and self-driving cars, Naver Corp. officials said Monday.  The term “big data” generally refers to the use of analytics by extracting value from data sets for business or research purposes as online databases [...]

Korea Using Big Data to Track Mass Hepatitis C Infection

Korea Using Big Data to Track Mass Hepatitis C Infection

SEOUL, Sept. 1 (Korea Bizwire) – Although the majority of the public may mostly associate big data with marketing and business strategies, a recent Korean government endeavor has offered another perspective of big data, making use of the technology to track down hospitals that may be linked to mass hepatitis C infections.  Hepatitis C is [...]

S. Korea to Foster Big Data Use for Financial Services Firms

S. Korea to Foster Big Data Use for Financial Services Firms

SEOUL, Sept. 1 (Korea Bizwire) – The government plans to allow financial service companies here to share the personal information of their customers for big data collection purposes while keeping their names and other details undisclosed, the top financial regulator said Thursday.  The measure would pave the way for banks, insurers, securities firms, fintech operators [...]

Use of Free Microdata Rising Sharply

Use of Free Microdata Rising Sharply

SEJONG, July 18 (Korea Bizwire) – Microdata refers to information from a basic original database that’s created based on statistics and analytical studies, for which input errors and invalid data have been corrected to offer a better user experience. According to Statistics Korea, the total usage of microdata provided by the institution from December 2015 to [...]

Korean Big Data Analysis Predicts 2016 Election in Trump’s Favor

Korean Big Data Analysis Predicts 2016 Election in Trump’s Favor

SEOUL, July 7 (Korea Bizwire) – Bad news for Hillary. You’re welcome, Donald.  A recent big data analysis of public opinion in the United States revealed that Donald Trump has a ‘sizeable likelihood’ of winning the 2016 presidential election. The study was conducted by a research team from Sejong University, led by business administration professor [...]

New Law Allows Personal Information Use Without Consent

New Law Allows Personal Information Use Without Consent

SEOUL, July 1 (Korea Bizwire) – The Korean government is allowing some personal information to be used without an individual’s consent in ICT fields including big data, IoT (Internet of Things), and fintech (financial technology), as long as the information does not reveal the person’s identity. The Ministry of the Interior (MOI) announced on Thursday, June 30, [...]

Government to Use Cell Phone Roaming Information to Prevent Disease Influx

Government to Use Cell Phone Roaming Information to Prevent Disease Influx

SEOUL, May 25  (Korea Bizwire) – The Korean government will establish what it is calling a ‘smart quarantine system’ in order to prevent the influx of foreign diseases. The government will coordinate with KT, a major phone service provider, and use international roaming information as part of its efforts.  The Ministry of Science, ICT and [...]