SEOUL, Apr. 17 (Korea Bizwire) — The Seoul Metropolitan Government has decided to focus on big data to reduce commuting time. The city announced on Tuesday that it will set up a database of the commuting population using big data from public transportation and communication services to establish residence and traffic policies. The city signed [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea’s No. 1 mobile carrier, SK Telecom Co., said Wednesday it will collaborate with U.S. software giant Microsoft for big data solutions to expand its presence in the global market. SK Telecom said it signed a development and global business cooperation agreement with Microsoft in Silicon Valley to [...]
SEOUL, Feb. 12 (Korea Bizwire) — Lawmakers have submitted a bill that would allow broader access to private information, on the condition that the data is tightly veiled under pseudonyms, parliamentary officials said Tuesday. Signed on by 10 legislators, the bill proposes allowing data holders to release personal information for use other than intended purposes [...]
SEOUL, Jan. 25 (Korea Bizwire) — Big data technology was used to find blind spots in the welfare system in the city of Anseong, Gyeonggi Province. The National Information Resources Service (NIRS) created a ‘welfare map’ of Anseong City using four years of the city’s welfare payment logs, a list of subsidies provided to private [...]
SEOUL, Dec. 24 (Korea Bizwire) — Video footage from closed circuit television shared via online networks is beginning to be used as baseline data for big data analysis, raising demand for related core technology as the world enters the 4th Industrial Revolution. To meet those needs, South Korean tech companies are actively applying for patents [...]
SEOUL, Nov. 19 (Korea Bizwire) — The Seoul Metropolitan Government announced yesterday plans to analyze big data indicating the consumption habits of tourists within the six special tourist zones in Seoul. The move is aimed at activating business activities for small enterprise owners. The Seoul Credit Guarantee Foundation and the Seoul Tourism Organization just inked [...]
SEOUL, Oct. 12 (Korea Bizwire) — Data helps us understand many things about ourselves, but interpreting this data is still within the human purview, says Choi Jae-won, a big data expert and director of Daumsoft. He claimed that analysis and interpretation take on different processes, because “analysis is scientific, while interpretation solely relies on human [...]
SEOUL, Aug. 31 (Korea Bizwire) — President Moon Jae-in vowed additional government support for the data industry Friday, stressing the need to develop big data into the country’s new growth engine. “The government will fully support the data industry as part of efforts to revitalize our economy. We will establish a new expressway of data [...]
SEOUL, Aug. 24 (Korea Bizwire) — The government is pushing forth a new project that would utilize public big data to solve problems closely related to citizen livelihood, such as the optimal operational management of garbage trucks and designation of recharging facilities for electric cars. The Ministry of the Interior and Safety revealed yesterday that [...]
DAEJEON, Jul. 24 (Korea Bizwire) — Bio-Express, a new genome analysis system provided by the Korean Bioinformation Center, is gaining the attention of industry experts and academics alike. The Korean Bioinformation Center (KOBIC) is operated by the Korea Research Institute of Bioscience and Biotechnology (KRIBB), a government research institute. According to KRIBB, Bio-Express is a [...]