Yoon Dong-sik, KT Cloud CEO, "I Will Lead Korea's DX Industry"

'KT Cloud Summit 2023' Held

KT Cloud, celebrating its first anniversary, held the 'KT Cloud Summit 2023' and presented growth strategies for artificial intelligence (AI), cloud, and Internet Data Center (IDC). The company aims to lead the market as a frontrunner in digital transformation (DX).

On the 18th, KT Cloud hosted the 'KT Cloud Summit 2023' at the Grand InterContinental Seoul Parnas.

Yoon Dong-sik, CEO of KT Cloud
Photo by Oh Su-yeon

Yoon Dong-sik, CEO of KT Cloud, stated, "We will exchange sustainable technologies to realize digital business value and lead Korea's DX industry together with our partners." He also said, "Starting next year, we will expand the scale to make this event one of the leading conferences in Korea's cloud and IDC sectors."

CEO Yoon delivered the opening keynote speech titled "Your Next DX Journey with AI, Cloud, IDC." He identified AI, cloud, and IDC as key elements to create new business opportunities in the era of hyperscale AI, prepare for digital disasters, and ensure business continuity. He introduced 'Hyperscale AI' to overcome AI infrastructure cost barriers and support new businesses. He also presented 'Customized Cloud,' which provides tailored IT environments to meet diverse and specific customer demands, analyzing the current status and needs of public, financial, and enterprise markets. Additionally, he emphasized the importance of disaster recovery (DR) and the necessity of establishing DR strategies suited to customer circumstances.

KT Cloud, spun off from KT's cloud and IDC business division in April 2022, marked its first anniversary this month. Building on its number one market share in the public sector last year, it achieved 22% revenue growth and 33% operating profit growth. This year, the company plans to secure strategic markets such as DR and public Desktop as a Service (DaaS), and strengthen IDC business leadership as a full-stack AI provider.

Following this, Hwang Jong-sung, President of the National Information Society Agency (NIA), took the stage as the second keynote speaker. President Hwang introduced "Core Infrastructure of the Digital Platform Government: Cloud Government Policies and Directions." Bae Soon-min, Director of KT Convergence Technology Institute’s AI2XL Research Center, stated in his keynote that KT will provide a cloud-based AI full stack to enable everyone to easily utilize hyperscale AI technology through KT’s hyperscale AI model, 'Mid:um.'

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