big data Archives | Be Korea-savvy
Specialized AI and Big Data Vocational High School Coming to Seoul

Specialized AI and Big Data Vocational High School Coming to Seoul

SEOUL, Nov. 20 (Korea Bizwire) — Starting in 2021, students at specialized high schools in Seoul will be required to take artificial intelligence (AI) courses at school. According to a plan unveiled Tuesday by the Seoul Metropolitan Office of Education, 10 of the specialized high schools in Seoul, or 14 percent, will be converted to [...]

Institute Uses Big Data to Analyze ATMs

Institute Uses Big Data to Analyze ATMs

SEOUL, Nov. 15 (Korea Bizwire) — A non-profit financial organization has introduced a new service to analyze the usage of ATMs across a number of regions. The Korea Financial Telecommunications and Clearings Institute (KFTC) will begin testing the cash dispensers (CD) and automated teller machines (ATM) operational effectiveness diagnostic services jointly with the banking sector [...]

Gov’t to Use Big Data and Digital Forensics to Crackdown on Labor Violations

Gov’t to Use Big Data and Digital Forensics to Crackdown on Labor Violations

SEOUL, Sept. 11 (Korea Bizwire) — Government inspections will be improved to focus on preventing labor violations at South Korean businesses by using big data. The Ministry of Employment and Labor (MOEL) announced comprehensive plans to improve labor inspections on Tuesday, vowing to use big data analysis to extract the list of businesses that require [...]

Seoul City to Use Big Data to Mitigate Subway Fare Evasion

Seoul City to Use Big Data to Mitigate Subway Fare Evasion

SEOUL, Aug. 7 (Korea Bizwire) — The Seoul Metropolitan Government (SMG) plans to use big data to minimize subway fare evasion. The city will create a model that learns the patterns of subway fare evaders who abuse special transportation cards normally issued for those older than 65 years of age. In Seoul, subway is completely [...]

Top Food Item in Gyeonggi Province is Coffee

Top Food Item in Gyeonggi Province is Coffee

SUWON, May 23 (Korea Bizwire) — A recent analysis of social media showed that “coffee” was the most mentioned food in Gyeonggi Province on social media last year. The Gyeonggi Tourism Organization on Tuesday released the ‘2018 Gyeonggi Tourism Trends Report’ and the ‘2018 Gyeonggi Tourism Status Survey’, which included this information. The report analyzed [...]

Financial Firms to Spend 585 bln Won to Adopt New Technologies

Financial Firms to Spend 585 bln Won to Adopt New Technologies

SEOUL, May 14 (Korea Bizwire) — South Korean financial firms plan to spend a total of 585 billion won (US$492 million) this year to adopt new technologies, such as artificial intelligence and big data analytics, data showed Tuesday. The planned spending reflects efforts by financial authorities to take deregulatory actions and cut red tape to [...]

SKT Teams Up with Microsoft to Tap into Big Data Market

SKT Teams Up with Microsoft to Tap into Big Data Market

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 [...]

Bill Proposed for Wider Use of Personal Data Protected by Aliases

Bill Proposed for Wider Use of Personal Data Protected by Aliases

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 [...]