ToBeSoft Expects 20 Billion KRW Annual License Sales... Rising Demand for UI·UX Development Platforms
ToBeSoft, the number one domestic development tool company, has shown a rapid increase in license (software usage rights) sales along with improved performance this year.
As the government actively promotes digital transformation projects, companies are also rushing to expand their businesses in this field, leading to an increase in ToBeSoft product license sales.
ToBeSoft’s ‘Nexacro N’ allows the development of digital product screen UIs without script coding through quick codes. It is characterized by intuitively rendering complex data, establishing itself as an essential tool for digital transformation in government agencies and various companies.
ToBeSoft has signed contracts for experience-centered customer platform construction projects with GS Construction and duty-free platform construction projects with Lotte Duty Free. It has also entered into license agreements with the National Health Insurance Service, Health Insurance Review & Assessment Service, Yonsei University Medical Center, and Cleantopia, among others.
It is expected to be the first in the industry to achieve annual license sales of 20 billion KRW. Last year, out of approximately 43 billion KRW in total consolidated sales, about 15 billion KRW came from licenses.
Cases of exceeding 20 billion KRW in license sales are rare in the domestic UI/UX development platform industry. ToBeSoft was the first in the related industry to surpass 200 billion KRW in cumulative product license sales as of February. Established in July 2000, ToBeSoft has continuously released UI products representing the era according to the web environment. In the early 2000s X Internet era, it launched MyPlatform and XPlatform, followed by Nexacro 14 and 17, and then Nexacro N.
The technology and development know-how accumulated over more than 20 years are recognized as verified UI/UX development tools in the IT industry. Nexacro N, released in September 2021, is a platform developed under the slogan ‘Intelligent UX.’ It creates development tools suitable for various device environments beyond PCs, supports NUI that can be applied in any environment, and automatically provides UX tailored to development situations. NUI refers to controlling digital devices using parts of the body, senses, behaviors, and cognitive abilities such as voice, eyes, and hands without using tools like keyboards or mice.
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They plan to introduce a ‘cloud-based subscription development service,’ a hot topic in the IT industry, in the second half of the year. The business is expected to expand significantly from next year, leading to increased sales.
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