[Featured Stocks] COVID-19 Resurgence and Digital New Deal... Infrastructureware and Other Cloud-Related Stocks Up↑

[Asia Economy Reporter Jang Hyowon] The digital New Deal project promoted by the government will select operators within this month and will be in full swing from next month. Amid concerns over the resurgence of the novel coronavirus infection (COVID-19), stocks related to cloud software (SW), the core infrastructure of the digital New Deal, are on the rise.

As of 11:15 AM on the 24th, Infraware is trading at 1,420 won, up 5.97% compared to the previous trading day. Hangul and Computer, Piolink, Douzone Bizon, Daou Technology, and KINX are also showing strong performance.

The government's cloud policy for the digital New Deal can be summarized into two main parts: the public cloud flag project and the full transition of administrative and public institution information systems to the cloud. Accordingly, domestic cloud companies are showing aggressive moves in the digital New Deal project.

Infraware is focusing on building its own collaboration tool platform based on the office SW 'Polaris Office,' which enables non-face-to-face collaboration such as telecommuting and remote work. Polaris Office surpassed 100 million global subscribers last May as non-face-to-face work increased due to COVID-19.

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