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ICT Ministry to Develop Most Wanted Technologies through Big Data Analysis

ICT Ministry to Develop Most Wanted Technologies through Big Data Analysis

SEOUL, Sept. 21 (Korea Bizwire) – What are the most in-demand scientific technologies for Koreans? The ICT ministry will develop technology according to the desires of the population through big data analysis on opinions found on the Internet, SNS and in news stories. The Ministry of Science, ICT and Future Planning announced on September 20 that its [...]

KCON Tweets Analyzed

KCON Tweets Analyzed

SEOUL, Aug. 25 (Korea Bizwire) – Research shows that Hallyu fans in 200 countries around the world showed interest in KCON America 2015, which is the biggest Korean wave convention in North America. The LA office of the Korea Creative Content Agency (KOCCA) investigated Twitter messages related to KCON 2015 with USC professor Kim Sun-ho, a big [...]

Big Data Solution for Call Taxi Inefficiency

Big Data Solution for Call Taxi Inefficiency

Seoul, July 21 (Korea Bizwire) – The Seoul Metropolitan Government, Seoul Metropolitan Facilities Management Corporation and KAIST announced that they have succeeded in developing an automatic system to manage taxi dispatches for disabled people using big data. The team looked at 320,000,000  call taxi requests for the disabled accumulated over the past five years. After analyzing [...]

Gyeonggi Province to Provide Big-Data Analysis for Business Development

Gyeonggi Province to Provide Big-Data Analysis for Business Development

SUWON, Jun. 26 (Korea Bizwire) — Gyeonggi-do is planning to provide big-data based analysis on commercial areas for individuals or companies planning to open new businesses in the province. The Gyeonggi Provincial Assembly has pre-announced legislation for an ordinance to develop a system for the analysis, said the assembly on June 25. The system will [...]

Financial Regulator to Ease Use of Credit Information without Personal Data

Financial Regulator to Ease Use of Credit Information without Personal Data

SEOUL, June 4 (Korea Bizwire) – From September or sooner, Korean financial institutions will be able to freely use personal credit information on the condition that individuals are not identified, giving them a way to offer financial products using big data collected from consumers. The Financial Services Commission (FSC) decided on June 3 to move forward [...]