big data Archives | Be Korea-savvy
Big Data, AI Technology Lead to Boom in Customized Consumer Items and Services

Big Data, AI Technology Lead to Boom in Customized Consumer Items and Services

SEOUL, Jan. 25 (Korea Bizwire) — The development of big data and artificial intelligence (AI) technology has resulted in a boom of customized consumer items in South Korea. A good example is the fashion industry, which is rolling out a variety of customized services. Tribons Co., a South Korean apparel manufacturer, is running an online [...]

KOBACO to Use Big Data and AI to Prevent Digital Ad Fraud

KOBACO to Use Big Data and AI to Prevent Digital Ad Fraud

SEOUL, Dec. 24 (Korea Bizwire) — The Korea Broadcast Advertising Corp.(KOBACO), a state-run broadcasting ad agency, said Thursday that it had signed a memorandum of understanding (MOU) with local IT startups Storelink and Kloser to prevent digital ad fraud. The initiative comes after a soaring number of fraud cases involving abuse of the method of [...]

Retailers Leverage Big Data to Boost Delivery Competitiveness

Retailers Leverage Big Data to Boost Delivery Competitiveness

SEOUL, Dec. 21 (Korea Bizwire) — South Korean retailers are beefing up investment to introduce new technology that can contribute to minimizing delivery time, personnel and energy as a way to complete delivery within the shortest possible time. GS Retail Co. acquired a 1.3 percent stake in Kakao Mobility Corp. for 65 billion won (US$54.5 [...]

S. Korea to Develop New Program that Uses Big Data to Calculate ‘Safe Delivery Time’

S. Korea to Develop New Program that Uses Big Data to Calculate ‘Safe Delivery Time’

SEOUL, Sept. 27 (Korea Bizwire) — A new program will be developed that will use big data to calculate ‘safe delivery time’, aimed at preventing food delivery riders from dangerous riding practices such as speeding to meet a tight delivery schedule. It has been pointed out that the current delivery schedule time calculated by food [...]

Police Implement Big Data-based Crime Risk Assessment System Nationwide

Police Implement Big Data-based Crime Risk Assessment System Nationwide

SEOUL, May 1 (Korea Bizwire) — The National Police Agency (NPA) said Saturday it has expanded the use of a crime risk assessment system based on big data and artificial intelligence (AI) technologies. The system, which is designed to help police officers detect crime-prone areas and time frames in advance, was adopted by police stations [...]

Gov’t Unveils Cattle Tracking System-related Big Data to the Public

Gov’t Unveils Cattle Tracking System-related Big Data to the Public

SEOUL, April 6 (Korea Bizwire) — Starting from Tuesday, the government will release through its exclusive website the big data that it has accumulated for many years through the official cattle traceability system. The Ministry of Agriculture, Food and Rural Affairs implemented the cattle traceability system in December 2008. Under this system, the ministry has [...]