Kyobo Life Insurance Adopts Amazon Cloud... "Foundation for Digital Transformation"

Kyobo Life Insurance announced on the 9th that it will migrate its proprietary big data system and critical workloads to Amazon Web Services (AWS).

[Asia Economy Reporter Oh Hyung-gil] Kyobo Life Insurance announced on the 9th that it will migrate its proprietary big data system and critical workloads to Amazon Web Services (AWS).

For the AWS cloud-based big data project, Kyobo Life Insurance selected 'Megazone Cloud' and 'Kyobo Information & Communication' as the main contractors, both premier consulting partners of AWS, and recently signed a business agreement with AWS and Megazone Cloud.

First, Kyobo Life Insurance will expand the migration of its big data system to AWS. It will build a platform for collecting structured, unstructured, and real-time data, and establish an integrated analytics development environment.

Additionally, Kyobo Life Insurance plans to migrate key workloads such as 'Baro,' an AI-based insurance subscription and payment review service, to the cloud, and add a new real-time Q&A feature by utilizing AWS's artificial intelligence (AI) services.

As a result, work speed is expected to increase. While market research, forecasting, cost optimization, and recycling plans took more than six months for existing infrastructure replacement and expansion, servers can be created within minutes on the cloud, allowing development and testing to proceed simultaneously.

AWS, selected as the cloud service provider, has maintained the number one position in the global cloud infrastructure market for the past four years. Megazone Cloud will operate according to financial cloud usage guidelines based on accumulated know-how, and Kyobo Information & Communication will be responsible for application-related DevOps roles.

Kwon Chang-gi, Head of Kyobo Life Insurance's Digital Transformation (DT) Support Office, said, "The adoption of public cloud will enhance Kyobo Life Insurance's digital capabilities and be a major turning point in our digital transformation journey. We will strive to create synergy through group-wide data integration and common infrastructure construction."

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