[Click eStock] "Samsung SDS, a Leading IT Service Firm Highlighted for Mid- to Long-Term Growth Potential"
On October 16, Shinhan Investment Corp. analyzed that attention should be paid to the mid- to long-term growth drivers of Samsung SDS, rather than its short-term performance.
Oh Kangho, a researcher at Shinhan Investment Corp., stated, "There is sufficient mid- to long-term growth momentum, driven by strengthening service competitiveness through global partnerships and the expected expansion of data centers." He added, "The company's expansion from the captive market (internal transactions among affiliates) into the non-captive market is also a key investment point to watch."
He further commented, "Samsung SDS is a leading domestic IT service provider to watch amid growing interest in cloud services, as the artificial intelligence (AI) market begins to flourish."
Researcher Oh analyzed, "Cloud services, which drove performance growth in the first half of this year, are estimated to have achieved an 8% increase in revenue in the third quarter of this year." He added, "Now is the time to focus on mid- to long-term cloud growth, supported by expanded partnerships with global service providers."
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