Samsung SDS showcases key technologies for digital transformation

Hong Won-pyo, CEO of Samsung SDS, speaks during the REAL 2019 event at the Shilla Seoul hotel, Wednesday. / Courtesy of Samsung SDS

By Baek Byung-yeul

Samsung is taking aim at the rapidly growing digital transformation market, introducing services that help companies convert to digital operations, the IT service affiliate of Samsung Group said Wednesday.

Digital transformation is a strategic adoption of digital technologies to improve business operation processes and productivity. While many companies are accelerating their digital conversions, Samsung SDS hosted an event called REAL 2019 at the Shilla Seoul hotel for its customers and partner firms, promoting Samsung SDS services and technologies.

The firm also unveiled the Digital Transformation Framework, which systematically integrates the firm's knowhow and technological capabilities to support the digital transformation of many business areas such as manufacturing, marketing, sales and management systems.

“The concept of digital transformation can be applied to numerous business sectors. Though manufacturing and finance sectors are considered as representative examples of digital transformation, it can also be applied to other sectors such as healthcare and agriculture,” Samsung SDS CEO Hong Won-pyo said. “Using our industry knowhow as leverage, we are aiming to provide the best solutions for companies.”

With more than 1,500 industry officials attending, the firm shared the successful cases of digital transformation in various business sectors.

It also shared how it has utilized emerging technologies such as artificial intelligence (AI), big data and blockchain to build an intelligent factory management system.

To give an example, Jang Si-ho, executive vice president of Samsung Electronics, explained how the tech giant completed its digital transformation in the manufacturing field after using Samsung SDS' service.

Samsung SDS also showcased enterprise blockchain security platform Nexledger. It recently announced the latest version of the platform called Nexledger Universal that enables companies to use commonly used open source blockchain technologies such as Hyperledger Fabric or Ethereum so that companies can reduce the time and resources required to develop their own blockchain services.

The firm also gave a demonstration of its own blockchain accelerator technology Nexledger Accelerator, which can boost transaction speeds.

“By using the Nexledger platform, customers can enhance security in business transactions and offer improved authentication security. In addition, our accelerator technology will help customers boost transaction time on blockchain networks,” said Hong Hye-jin, head of the firm's blockchain center.

The company also offered on-site consulting for its customer firms who are interested in building intelligent factory systems in the manufacturing, logistics and energy sectors.