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Businesses Turn to IT Services to Cut Costs

Businesses Turn to IT Services to Cut Costs

SEOUL, Feb. 15 (Korea Bizwire) – IT solutions and services have become a popular go-to for Korean businesses struggling with stagnant growth, allowing them to cut operating costs while boosting productivity. Fuji Xerox Korea is one of the companies that offers such services. The company’s IT solutions focus on integrating multi-function devices with cloud computing, [...]

Korean Technology Highlighted at IFA Berlin 2016

Korean Technology Highlighted at IFA Berlin 2016

SEOUL, Sept. 13 (Korea Bizwire) – The Korean Electronics and Telecommunications Research Institute (ETRI) shared Monday technology highlighted at the IFA 2016 (September 2 to September 7), which, according to the institute, was met with acclaim.  The IFA, or Internationale Funkausstellung Berlin, is one of the world’s leading trade shows for consumer electronics alongside CES [...]

Will Artificial Intelligence Take Away Human Jobs? Experts Say No

Will Artificial Intelligence Take Away Human Jobs? Experts Say No

SEOUL, Sept. 7 (Korea Bizwire) – The idea of robots replacing human jobs has long been a popular subject for debate and science fiction films. But amid recent advancements in AI technology, and concerns that some of these ideas may become reality, a recent report by the Software Policy & Research Institute (SPRi) submitted an [...]

Tech Giants Lock Horns over S. Korean Cloud Market

Tech Giants Lock Horns over S. Korean Cloud Market

SEOUL, May 2 (Korea Bizwire) — Tech giants from home and abroad are battling to garner a larger slice of the South Korean market for cloud computing solutions, industry watchers said Monday, as local demand for the services is expected to grow sharply down the road. The South Korean market for cloud computing solutions is [...]

Seoul Pushing to Beef Up Cloud Computing Sector

Seoul Pushing to Beef Up Cloud Computing Sector

SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s ICT ministry said Tuesday it seeks to nurture the local cloud computing industry, a new revenue source for the local tech firms. Under the vision, the size of the South Korean market for cloud computing will grow four-fold to 2 trillion won(US$1.78 billion) by 2018 from the [...]

C3 Energy Advances Smart Grid Technology in Asia, Middle East, and South America

C3 Energy Advances Smart Grid Technology in Asia, Middle East, and South America

  REDWOOD, Calif. Nov. 6 (Korea Bizwire) – C3 Energy has joined the U.S. Department of Commerce and U.S. Trade and Development Agency in major trade missions to drive discussions around smart grid technology globally. Most recently, C3 Energy participated in a trade mission to meet with electricity and gas utilities and senior government officials in Japan [...]

S. Korean Government Aims to Contribute 10% of the Global Cloud Computing Market By 2014

S. Korean Government Aims to Contribute 10% of the Global Cloud Computing Market By 2014

DUBLIN, Jan 25, 2014 (Korea Bizwire) – Research and Markets has announced the addition of the “Cloud  Computing Market in Korea 2014-2018″ report to their offering.  The analysts forecast the Cloud Computing market in Korea to grow at a  CAGR of 22.16 percent over the period 2013-2018. One of the key factors  contributing to this market [...]