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 [...]
SEOUL, Jul. 18 (Korea Bizwire) — The National Institute of Fisheries Science revealed yesterday that it had created a new information system that measures the onset of red tides based on big data. The existing system requires seven to eight hours for analytic results to be released, because the collected data is reported by fax [...]
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. [...]