Naver Cloud Selected as 'NH Public Cloud Standard Provider'

[Asia Economy Reporter Kang Nahum] Naver Cloud announced on the 10th that it has been selected as the 'NH Public Cloud Standard Provider,' gaining the qualification to carry out various leading projects for NH Nonghyup Bank.

Accordingly, Naver Cloud will undertake a total of three leading projects as Nonghyup Bank's cloud business partner: building a disaster recovery system, establishing a Content Delivery Network (CDN), and setting up research and development (R&D) and coding practice environments.

This project has been highly competitive since the initial announcement in May, often referred to as the 'war of the cloud industry's elites.' Successfully handling critical operations for Nonghyup Bank, which operates the largest number of branches domestically and continues to expand its services, positions the cloud provider advantageously for targeting the financial sector. In fact, NH Nonghyup Bank is the first in the primary financial sector to migrate its disaster recovery (DR) system to the cloud.

Naver Cloud was selected as the standard provider by securing a relative advantage in technical evaluations and demonstrating a high level of task execution capability. It scored higher than competitors in key evaluation categories including ▲General ▲Technical ▲Security ▲Management.

Kim Taechang, Executive Vice President in charge of Naver Cloud's cloud business, stated, "Naver Cloud's selection as the NH Public Cloud Standard Provider signifies recognition of our technological expertise and customer trust built through various digital transformation (DX) projects in the domestic financial sector. We will leverage our capabilities beyond precedents to successfully carry out NH Nonghyup Bank's critical leading tasks."

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