SEOUL, Sept. 21 (Korea Bizwire) — The introduction of automation technology increases the retirement risk for older office workers, a central bank report said Tuesday. The Bank of Korea (BOK) traced the employment situation of 962,404 workers between 25 and 69 years of age at 3,033 companies for three years from 2015 to 2017. The [...]
SEOUL, Aug. 29 (Korea Bizwire) — An increasing number of financial institutions are replacing redundant work with automation robots to improve work efficiency. The Korea Technology Finance Corp. (KOTEC) is applying Robotic Process Automation (RPA) technology for its entire in-house operations. The KOTEC introduced RPA in 2019 and started automation from simple clerical work such [...]
ALPHARETTA, Ga., March 17 (Korea Bizwire) — Stonebranch, a leading provider of service orchestration and automation solutions, today published the inaugural Stonebranch 2022 Global State of IT Automation report. Developed in partnership with IEEE Computer Society, the premier technical education organization, this study collects the perspectives of automation-focused IT professionals worldwide. Respondents, all from companies with over [...]
SEOUL, June 24 (Korea Bizwire) — Samsung Engineering Co., an industrial plant affiliate of Samsung Group, said Wednesday that it had succeeded in producing pipes through smart robot automation. The company revealed that it succeeded in automating the ‘cutting-improvement-welding’ process for frequently used carbon steel pipe spools with a diameter of 4 to 12 inches. [...]
SEOUL, May 29 (Korea Bizwire) — Carrying two ice lattes and a blueberry scone, a courier leaves a cafe on the 18th floor of a building, passing through an automatic door before taking an elevator down to the fourth floor. The deliverer then uses an application to notify the customer that the order will arrive [...]
SEOUL, Dec. 19 (Korea Bizwire) — Genesis BBQ Co., a major South Korean fried chicken chain, opened a new ‘smart store’ in Seoul’s Songpa District on December 6. There are no employees to take orders at the store. Instead, there are tablet PCs on each table that are used to order food. The food made [...]
ANTWERP, Belgium, Sept. 22 (Korea Bizwire) — Today at Open Networking Summit (ONS) Europe, Lumina Networks, an open source networking company, announces the release of their Intent Based Service Automation 2.0 solution. The solution enables dynamic service automation and end-to-end normalized telemetry for multi-vendor networks. As a key component of network transformation, Lumina’s Intent Based [...]
SEOUL, May 28 (Korea Bizwire) — Three out of ten jobs are more than 70 percent likely to be replaced by job automation due to technological advances. According to a report released by the Korea Information Society Development Institute on Monday, 32 percent of the jobs have a 70 percent chance of being replaced by [...]
SEOUL, Mar. 20 (Korea Bizwire) — South Korean retail giants are increasingly introducing automated systems to save their employees time on simple tasks as part of efforts to adapt to a shortened workweek, industry sources said Wednesday. In July last year, South Korea adopted a 52-hour workweek for both private and public firms with 300 [...]
SEOUL, Aug. 29 (Korea Bizwire) — South Korean retailers’ race to automate their outlets is accelerating with leading industry players unveiling robots that can replace shop workers, market watchers said Wednesday. On Tuesday, Korea Seven Co., the operator of convenience store chain 7-Eleven in South Korea, introduced a robot that allows customers to pay with [...]