SEOUL, May 31 (Korea Bizwire) — A new way has been paved for corporations to incorporate the massive trove energy-related big data held by the Korea Electric Power Corporation (KEPCO) into new energy business models. The Ministry of Trade, Industry and Energy announced today that KEPCO had signed MOUs with four corporations (KT, SKT, LG [...]
SEOUL, May 16 (Korea Bizwire) — South Korea will collect big data from medical records from local hospitals to pave the way for the development of effective and appropriate treatment plans for individual patients, the commerce ministry said Monday. The Ministry of Trade, Industry and Energy said it launched a task force composed of hospitals, [...]
SEJONG, Mar. 20 (Korea Bizwire) — South Korea’s state-run agriculture corporation said Tuesday it will use big data and artificial intelligence (AI) to efficiently manage supplies of agricultural and fisheries products. The Korea Agro-Fisheries & Food Corporation (aT) said it will test-run an advanced product management system based on big data and AI this year [...]
SEOUL, Nov. 17 (Korea Bizwire) – The government is aiming to trim its electrical bills with the help of big data integrated smart meters, electronic apparatuses that track the electricity consumption of a building. Currently being trialed at 363 regional government buildings since June, the plans are to install the devices in every government and [...]
SEOUL, Nov. 15 (Korea Bizwire) – South Korean researchers at the Korea Institute of Science and Technology Information (KISTI) have successfully participated in the development of “BigData Express”, a data transfer tool that can accommodate large-scale transfers. As supercomputers become ever more powerful, the amount of data they can process has accordingly ballooned in scale. [...]
SEOUL, Sept. 7 (Korea Bizwire) — The state promotion agency said Thursday it will reinforce the big data platform, providing consulting to small businesses seeking business opportunities abroad that was launched earlier this year. The Korea Trade-Investment Promotion Agency (KOTRA) introduced the KOTRA Big Bot, constructed from the words big data and robot, in May [...]
BEIJING, Aug. 30 (Korea Bizwire) — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics, machine learning, and artificial intelligence solutions in China, won the government contract for the Remote Trial Service Information Construction Project of Beijing Intellectual Property Court, according to the official announcement of Beijing Municipal Bureau [...]
POHANG, Aug. 22 (Korea Bizwire) – A team of engineers from Pohang University of Science and Technology has successfully developed so-called “bio-blood-vessels” using material extracted from the human body as a template for 3D printing. The team found that its printed blood vessels exhibited no problems in performing their desired function when implanted. The vessels [...]
SEOUL, Aug. 10 (Korea Bizwire) — The government is making big plans to adapt to advances in technology. On August 9, the Ministry of the Interior and Safety announced a preliminary framework for incorporating artificial intelligence, big data and internet of things (IoT) to streamline government services. One example of the government’s efforts is a proposed [...]
SUWON, Jul. 29 (Korea Bizwire) — The city of Suwon, which suffered a power outage and vehicle contaminations last year due to the appearance of flocks of crows, has decided to draw up countermeasures, utilizing big data to track crow movements. The city revealed on July 28 that it will set up a customized platform [...]