Jungjin-gong Unveils Big Data-Based 'Biz Pathfinder'

Launch of Dedicated Analysis Service for Small and Medium Venture Enterprises

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (hereinafter referred to as SBC) announced on the 30th that it will unveil 'Biz Pathfinder,' a big data and artificial intelligence (AI)-based analysis service for small and medium-sized enterprises (SMEs) and ventures.

Biz Pathfinder is a service that provides real-time analytical information such as SME statistics, financial performance comparisons among similar industries, and growth path predictions. It was developed to help companies proactively respond to internal and external environmental changes, including the triple crisis of high interest rates, high exchange rates, and high inflation, as well as the increasing demands for ESG (Environmental, Social, and Governance) management.

In particular, the 'Growth Path Prediction Service' combines big data accumulated by SBC in the SME and venture sector with AI technology to identify groups of companies with growth paths similar to those of the client, then suggests future financial growth directions. SMEs using the service are expected to utilize the analysis results for management decision-making, such as predicting future changes or improving management methods.

SBC plans to continuously enhance Biz Pathfinder as a management reference tool for SMEs based on data-driven decision-making and gradually expand the service scope to include export and transaction information analysis.

Kim Hak-do, Chairman of SBC, stated, "In the rapidly changing digital era, information capability is one of the key factors for SMEs and ventures to survive and innovate. We hope that this specialized analysis service for SMEs and ventures, utilizing big data and AI technology, will become a new turning point in the management of SMEs that are currently in an information blind spot."

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