Support for Digital Transformation and Competitiveness Enhancement of Venture Companies

Kim Jin-hyung, Executive Vice President of the Korea Venture Business Association (left), and Lee Joo-wan, CEO of Megazone Cloud, are posing for a commemorative photo after signing the MOU.

Kim Jin-hyung, Executive Vice President of the Korea Venture Business Association (left), and Lee Joo-wan, CEO of Megazone Cloud, are posing for a commemorative photo after signing the MOU.

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[Asia Economy Reporter Kim Cheol-hyun] The Korea Venture Business Association (Chairman An Geon-jun) announced on the 10th that it has signed a business agreement with Megazone Cloud, the largest cloud management company in Korea, to enhance the digital transformation and competitiveness of venture companies.


Through this MOU, venture companies will be able to use cloud services more reasonably by receiving various support from Megazone Cloud, including online and offline infrastructure, cloud-based software and solutions necessary for digital transformation, utilization of the global cloud marketplace, and online and offline education to strengthen digital capabilities. In particular, through customized digital transformation services for each company, the plan is to strengthen the competitiveness of companies and allow venture companies to focus solely on technology development and business operations with peace of mind amid rapidly changing market conditions.


Additionally, the Korea Venture Business Association and Megazone Cloud agreed to establish a 'Digital Transformation (DT) Lab' to provide and jointly operate online and offline spaces to support venture companies. Furthermore, both parties plan to actively cooperate to promote coexistence and ecosystem creation with venture companies by enabling the promotion and sale of cloud-based software and solutions owned by venture companies through Megazone Cloud's sales network.



Kim Jin-hyung, the full-time vice chairman of the Korea Venture Business Association, said, "We expect this business agreement to be a great help in the adoption of cloud services by venture companies, which will play a leading role in the new non-face-to-face market."


This content was produced with the assistance of AI translation services.

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