Gyeongbuk Province Opens Public-Led 'Cloud Data Center' in Gyeongsan

The Only Industrial Data Center in the Region... Providing Data Storage, AI Solutions, and More

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Gyeongsangbuk-do announced on the 7th that it will open the 'Gyeongbuk Cloud Data Center' at the Gyeongbuk IT Convergence Industry Technology Institute, the first in the region, to strengthen the competitiveness of small and medium-sized enterprises (SMEs) in the province.

The Gyeongbuk Cloud Data Center is a project planned to collect and accumulate data generated during the manufacturing processes of key local industries and provide enterprise support services utilizing the data, with a total investment of 3 billion KRW over three years from 2020 to 2022 (900 million KRW from the provincial government and 2.1 billion KRW from the city government).

Specifically, it will be built with a scale of 576 cores, 4,806 GB RAM, and 1,290 TB storage, capable of supporting about 300 SMEs.

Cloud refers to storing data on a central computer connected to the internet, allowing access to data anytime and anywhere simply by connecting to the internet. Due to its large storage capacity, it can quickly store large volumes of big data generated in industrial sites.

The domestic cloud market size is expected to increase from 1.2 trillion KRW in 2019 to 2.25 trillion KRW in 2023. Although it is a promising industry with an expected annual growth rate of 16.6%, it has not expanded among SMEs due to cost burdens and low acceptance.

Accordingly, Gyeongsangbuk-do is approaching this as a 'public cloud infrastructure' concept, significantly reducing costs to provide services at about one-third the price of private cloud infrastructure, enabling SMEs to practically use it.

Ha Dae-seong, Deputy Governor for Economic Affairs, stated, "In the 4th industrial revolution, data is like rice, and it is very meaningful that local governments provide cloud infrastructure, an essential resource for data-based business." He added, "We will create a policy platform, including establishing an industry-academia cooperation system, so that companies can more easily utilize the Gyeongbuk Cloud Data Center and explore various possibilities."

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