SEOUL, July 7 (Korea Bizwire) – Bad news for Hillary. You’re welcome, Donald. A recent big data analysis of public opinion in the United States revealed that Donald Trump has a ‘sizeable likelihood’ of winning the 2016 presidential election. The study was conducted by a research team from Sejong University, led by business administration professor [...]
SEOUL, July 5 (Korea Bizwire) – SK Telecom (SKT), Korea’s leading network operator, launched a nationwide Internet of Things network Monday that uses its LoRa (long-range) network exclusive to IoT communications. This is the first time for a country to establish an IoT-exclusive nationwide network with a single control center. With the new system, a wide [...]
SEOUL, July 1 (Korea Bizwire) – The Korean government is allowing some personal information to be used without an individual’s consent in ICT fields including big data, IoT (Internet of Things), and fintech (financial technology), as long as the information does not reveal the person’s identity. The Ministry of the Interior (MOI) announced on Thursday, June 30, [...]
SEOUL, June 22 (Korea Bizwire) – Big data is a collection of a massive amount of information that is being added to every second. This data is analyzed and used in many different ways for the benefit of governments, corporations, organizations, and even individuals. And although big data is not reflective of specific individuals, it [...]
SEOUL, June 7 (Korea Bizwire) – The 2011 toxic humidifier sterilizer controversy presses on. And the public fear of products containing chemicals isn’t likely to die down any time soon. A big data based AI institute, Daumsoft, analyzed over 9.3 billion tweets and 723 million blog posts from January 1, 2011 to June 2, 2016, [...]
SEOUL, May 25 (Korea Bizwire) – The Korean government will establish what it is calling a ‘smart quarantine system’ in order to prevent the influx of foreign diseases. The government will coordinate with KT, a major phone service provider, and use international roaming information as part of its efforts. The Ministry of Science, ICT and [...]
SEOUL, May 13 (Korea Bizwire) – Only around 5 percent of South Korean companies make use of “big data” in their businesses, far lower than 29 percent of global firms, recent surveys showed. Among local firms with 100 employees or more, 4.3 percent were using big data, which is large volumes of instant digital data, [...]
SEOUL, March 25 (Korea Bizwire) – A recent big data analysis indicates that men with periodontal diseases are at a higher risk of sexual performance issues than those without. According to professor Kim Young-taek at the National Health Insurance Corp. Ilsan Hospital, the results of a study on 1.03 million Korean men between 2002 to 2013 revealed [...]
SEOUL, Dec.29 (Korea Bizwire) – The government is resourcing big data to apprehend corruption dealing with the maintenance costs of apartments. The Ministry of Government Administration and Home Affairs, the Ministry of Land, Infrastructure and Transport, and the Gyeonggi province announced that they adopted the big data method to investigate maintenance costs of apartments and [...]
SEOUL, Dec.17 (Korea Bizwire) – Graceful Brothers, the company managing the Baedal Minjok delivery application, announced that it will be launching a new advertising platform called ‘Our Shop’s Marketing Center’ to provide efficient advertising services to its members. ‘Our Shop’s Marketing Center’ suggests advertisements to suit a member’s store based on big data accumulated over [...]