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Military Uses Big Data for Disease Control and Prevention

Military Uses Big Data for Disease Control and Prevention

SEOUL, Dec. 7 (Korea Bizwire) – The Ministry of Defense is teaming up with the Ministry of Science, ICT and Future Planning for a big data research project that will make use of the medical information of 600,000 South Korean military personnel.  Dubbed the “Military Personnel Medical Information Big Data Study”, the three-year project taking [...]

Gov’t to Use Roaming Data to Monitor Infectious Disease

Gov’t to Use Roaming Data to Monitor Infectious Disease

SEOUL, Nov. 15 (Korea Bizwire) – South Korea’s science ministry said Tuesday that it will launch a pilot program using roaming data provided by mobile carriers to monitor and further prevent the spread of infectious diseases.  Under the program, the Korea Center for Disease Control and Prevention (KCDC) will provide information about virus outbreaks in [...]

Big Data Helps Drive Growth of AI, Self-Driving Cars: Naver Officials

Big Data Helps Drive Growth of AI, Self-Driving Cars: Naver Officials

SEOUL, Nov. 7 (Korea Bizwire) – Big data is expected to help drive the growth of next-generation technological developments, including artificial intelligence and self-driving cars, Naver Corp. officials said Monday.  The term “big data” generally refers to the use of analytics by extracting value from data sets for business or research purposes as online databases [...]

Korea Establishes Artificial Intelligence Research Institute

Korea Establishes Artificial Intelligence Research Institute

SEOUL, Oct. 12 (Korea Bizwire) – The painful March defeat of baduk prodigy Lee Se-dol to Google’s DeepMind project AlphaGo urged Korea’s leading corporations to gather together to spearhead an artificial intelligence project of their own, leading to the establishment of the Artificial Intelligence Research Institute (AIRI), which was announced Tuesday. The project was led by [...]

Aptean Expands Into the Life Sciences and Big Data Markets with Acquisition of GQ Life Sciences

Aptean Expands Into the Life Sciences and Big Data Markets with Acquisition of GQ Life Sciences

ALPHARETTA, Ga., Oct. 3 (Korea Bizwire) — Aptean, a leading provider of mission critical enterprise software solutions, announced today the acquisition of GQ Life Sciences, Inc., a global provider of life science patent search solutions. “The acquisition of GQ Life Sciences expands our ability to provide vertically-focused mission critical enterprise solutions by entering the Life [...]

Korea Using Big Data to Track Mass Hepatitis C Infection

Korea Using Big Data to Track Mass Hepatitis C Infection

SEOUL, Sept. 1 (Korea Bizwire) – Although the majority of the public may mostly associate big data with marketing and business strategies, a recent Korean government endeavor has offered another perspective of big data, making use of the technology to track down hospitals that may be linked to mass hepatitis C infections.  Hepatitis C is [...]

S. Korea to Foster Big Data Use for Financial Services Firms

S. Korea to Foster Big Data Use for Financial Services Firms

SEOUL, Sept. 1 (Korea Bizwire) – The government plans to allow financial service companies here to share the personal information of their customers for big data collection purposes while keeping their names and other details undisclosed, the top financial regulator said Thursday.  The measure would pave the way for banks, insurers, securities firms, fintech operators [...]

Robo-Advisors Lead Korean Asset Management Innovation

Robo-Advisors Lead Korean Asset Management Innovation

SEOUL, July 12 (Korea Bizwire) – The latest predictions of the future of the Korean asset management market indicate that the use of robo-advisors, AI-based asset management services, will become more prevalent in coming years. The AI platforms will serve as investment advisors that recommend specific financial products and investment portfolio composition via analysis of [...]