Fasoo and ConnectAI Sign Strategic Partnership to Support Companies Expanding Overseas
Fasoo announced on December 4 that it has signed a strategic partnership with ConnectAI, a global digital trade platform provider, to support companies expanding overseas.
The two companies will collaborate to develop a new service by integrating Fasoo's solutions into ConnectAI's global business brokerage platform. Furthermore, they will provide security solutions and consulting tailored to the needs of ConnectAI's clients as they expand globally.
ConnectAI operates the 'ConnectAI' platform, which supports domestic companies in their overseas expansion by identifying optimal local buyers for each country and market, and enabling marketing and business proposals to these buyers.
The companies will work together to launch a new service that integrates the ConnectAI platform with Fasoo's external collaboration solution, 'Wrapsody eCo.' The new service will utilize the Virtual Data Room (VDR) feature of Wrapsody eCo, which offers access control, encryption, and usage history tracking, to enable the secure sharing of critical data in international business.
Fasoo will provide security consulting and solutions required by ConnectAI's clients. As the importance of cybersecurity is increasingly emphasized worldwide, there has been a recent surge in cases where compliance with security requirements is mandated as an obligation for exports.
Fasoo will offer tailored solutions for data encryption, security, and management, as well as services such as simulated phishing training and specialized consulting by sector, helping ConnectAI's clients develop essential security capabilities for global business.
Yang Songyi, CEO of ConnectAI, stated, "ConnectAI supports Korean companies seeking to expand overseas by providing everything from global business matching to acting as a sales manager, enabling them to target local markets more effectively." She added, "Through our partnership with Fasoo, a leader in the global data security and management market, ConnectAI will be able to further strengthen its differentiated services for clients expanding internationally."
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Cho Kyugon, CEO of Fasoo, explained, "As the need for enhanced cybersecurity grows worldwide, Fasoo will provide its technology and expertise so that companies' security capabilities become a competitive advantage, not a barrier, in their overseas expansion." He continued, "Having conducted international business for many years, Fasoo will spare no effort in supporting ConnectAI's initiatives to assist companies with their global business."
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