MLO Selected as '2023 KOSDAQ Rising Star'
Korea Exchange Evaluates Technical Excellence, Market Dominance, and Financial Stability
Emro Recognized for Outstanding Technology and Growth Potential
Emro, the No. 1 AI-based supply chain management software company in Korea, has been selected as a '2023 KOSDAQ Rising Star,' recognizing its potential to grow into a global software company.
The KOSDAQ Rising Star is a program by the Korea Exchange that annually selects and supports KOSDAQ-listed companies with excellent technology and competitiveness that lead the domestic market and have the potential to grow into global enterprises. Applications are accepted from KOSDAQ-listed companies whose main products are in innovative growth sectors and rank within the top three in domestic market share. Final selections are made through a first quantitative evaluation and a second qualitative evaluation.
This year, a total of 41 companies were selected. Eight companies, including Emro, were named for the first time.
Emro has been innovating corporate purchasing processes and enhancing supply chain crisis response capabilities by introducing various AI software and supply chain management cloud services to the market, based on over 20 years of expertise in the procurement supply chain management (SRM) field and digital new technologies such as AI and cloud.
As the global supply chain crisis expands rapidly, the supply chain management software market is growing quickly. Since its KOSDAQ listing in August 2021, Emro has steadily expanded its customer base. Recently, it has been preparing to enter overseas markets by developing an integrated supply chain management SaaS platform together with Samsung SDS and o9 Solutions, a global leader in supply chain planning (SCP) based in the United States.
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An Emro representative said, "We were highly evaluated for leading the domestic supply chain management software market by expanding new businesses through research and development," adding, "Starting next year, we will expand our presence overseas beginning with the United States through the integrated SCM SaaS platform."
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