SEOUL, Dec.29 (Korea Bizwire) – The government is resourcing big data to apprehend corruption dealing with the maintenance costs of apartments. The Ministry of Government Administration and Home Affairs, the Ministry of Land, Infrastructure and Transport, and the Gyeonggi province announced that they adopted the big data method to investigate maintenance costs of apartments and [...]
SEOUL, Dec.17 (Korea Bizwire) – Graceful Brothers, the company managing the Baedal Minjok delivery application, announced that it will be launching a new advertising platform called ‘Our Shop’s Marketing Center’ to provide efficient advertising services to its members. ‘Our Shop’s Marketing Center’ suggests advertisements to suit a member’s store based on big data accumulated over [...]
SEOUL, Dec.10 (Korea Bizwire) – Seoul National University’s Bundang Hospital in collaboration with SK Telecom and EZCaretech signed an agreement to export a Clinical Data Warehouse (CDW) to King Abdulaziz Medical City Riyadh, one of the most prestigious hospitals in Saudi Arabia, for $1.3 million. A CDW is a solution that can be used to [...]
SEOUL, Dec.10 (Korea Bizwire) – The government has announced that a public service that will offer new and small businesses advice on the usage of big data is set to be launched. The Ministry of Science, ICT and Future Planning announced that the K-ICT Big Data Center from the National Information Society Agency will be [...]
SEOUL, Dec.2 (Korea Bizwire) – After analyzing 43 categories of small businesses such as restaurants and both wholesalers and retailers, the Seoul Metropolitan Government reported that their 10 year survival rate was only 19.9 percent. To boost the sales of small businesses struggling to stay afloat, Seoul city officials announced on December 1 that they [...]
SEOUL, Nov.30 (Korea Bizwire) – ‘Weather Management’ is rising as a new method for companies to create new businesses and enhance the efficiency of management overall. According to a report entitled ‘Understanding Weather Management and its Possibilities’ issued by the Korea Institute for Industrial Economics and Trade (KIET), weather management is a field with a [...]
SEOUL, Nov.24 (Korea Bizwire) – KT announced that through collaboration with Lab Genomics, a company specializing in the analysis of genes, they will be launching ‘Nobel Guard’, a machine which screens genetic conditions that cause development disorders among children. Nobel Guard was created with KT’s aptitude in analyzing big data, and the next generation sequence [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s ICT ministry said Tuesday it seeks to nurture the local cloud computing industry, a new revenue source for the local tech firms. Under the vision, the size of the South Korean market for cloud computing will grow four-fold to 2 trillion won(US$1.78 billion) by 2018 from the [...]
SEOUL, Oct. 15 (Korea Bizwire) – IBM has announced that it will concentrate on Internet-of-Things (IoT) businesses in the B2B (business to business) sector, and strengthen cooperation with Korea. At an IoT strategy briefing, Jack Desjardins, who is the vice-president at IBM in charge of the global business development of IoT, talked about possibilities in [...]
SEOUL, Sept. 30 (Korea Bizwire) – With the advance of information communication technology(ICT), boundaries between businesses are falling apart rapidly, and collaboration among different businesses is becoming a new norm. Telecommunication industry is no exception and they are stepping into the medical service field betting this will sustain their growth. According to industry watchers, SK Telecom and [...]