The Business Strategy of SKT Emphasized by CEO Yoo Young-sang

[Asia Economy Reporter Lim Hye-seon] Yoo Young-sang, CEO of SK Telecom, stated, "SKT's direction is an AI transformation that restores the 'essence of business' by providing what customers want."

At the '2022 Spring Joint Academic Conference' held by the Korean Operations Research and Management Science Society on the 2nd, Yoo Young-sang delivered a keynote speech titled 'SK Telecom's AI Transformation Strategy,' introducing the rapidly changing era centered on AI along with SKT's business strategy and direction.

Yoo said, "SKT opened the mobile era by evolving the network faster than anyone else in the world, but it did not stand at the center of the era," adding, "SKT will strive to stand at the center of customer relationships in the AI era by leveraging the capabilities accumulated during the network evolution process."

Regarding SKT's capabilities, Yoo emphasized that SKT has accumulated 12 petabytes of data through 40 million wired and wireless subscribers, and that data is continuously being collected across the entire SKT family at this very moment.

He also mentioned that SKT's top-tier domestic language AI and voice recognition technologies will be important capabilities leading the AI era.

He provided detailed explanations about the recently launched beta service ‘A. (A.Dot)’ and emphasized SKT's unique attempts to offer customers a new mobile experience in the AI era.

Additionally, Yoo pledged to further elevate the level of cooperation between industry and academia. He stated, "In the upcoming AI era, the distinction between schools and business sites will increasingly blur," and added, "I hope today will serve as an opportunity to move beyond industry-academic collaboration to industry-academic integration."

Founded in 1976, the Korean Operations Research and Management Science Society is an academic society under the Ministry of Science and ICT responsible for research and international exchange related to operations research and management science, with about 4,500 members including academic professors, researchers, and industry professionals.

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