[Click eStock] "Biometric Matrix, AI Sales Growth Expected"
On the 21st, IV Research analyzed that BImatrix's sales using generative AI are doubling.
It is estimated that BImatrix recorded approximately 4 billion KRW in AI solution sales last year. This year, it is expected to reach 8 billion KRW.
IV Research explained, "The unit price of AI solutions is higher compared to existing solutions," adding, "The increase in AI sales proportion is positive in terms of overall sales scale and profitability." They further stated, "AI solutions learn various corporate data such as finance, production, and inventory," and "executives and management can then ask questions in natural language and receive desired answers in visualized formats such as tables and graphs."
Additionally, they analyzed, "From the company's perspective, there is a labor cost-saving effect due to reduced workload," and "the adoption of BImatrix's AI solutions is rapidly increasing."
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IV Research assessed, "Currently, AI solution sales from a single client can range from 500 million to 3 billion KRW," and "the BI division has secured about 700 corporate and public institution clients, indicating high potential for AI solution sales." They emphasized, "They have secured clients such as the top domestic IT conglomerate and steel industry company P, and through strong references, AI solution sales are expected to grow rapidly."
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