At the meetup event held online on the 16th, Naver Cloud widened the gap with domestic operators with ‘Korea’s only internalized source technology’ and ‘hyperscale investment’, solidifying its top 2 position in the domestic market, and based on this, APJ (Asia) The company announced plans to establish itself as a top 3 operator in the Pacific and Japanese markets.
Naver Cloud, which began its cloud business in 2017, has grown to a level comparable to global operators in product and technology competitiveness in just four years. Naver Cloud, which started with 22 products four years ago, has expanded its product portfolio more than eight times and has a lineup of 189 products in 18 categories.
The reason Naver Cloud has gained equal competitiveness not only in terms of lineup but also technology with global operators is the result of repeated technological development to provide a diverse product range that customers need rather than simply focusing on increasing the number of products. Through this, Naver Cloud has We provide the most scalable cloud service that can be configured for any situation our customers face.
Based on this, Naver Cloud’s sales also continued to grow, recording sales of 273.7 billion won in 2020, a 41% growth compared to the previous year. This figure significantly exceeds the growth rate of the global (29.3%) and domestic (18.7%) public cloud markets, and is expected to achieve sales of approximately KRW 400 billion, an annual growth rate of approximately 46% this year.
Tae-chang Kim, Executive Director of Naver Cloud Business, said, “Naver Cloud’s core value is the diverse technologies and business know-how accumulated through developing and operating almost all services available on the Internet, including search, shopping, messenger, video, and games, and applying them to Naver Cloud’s solutions. “We are providing it to customers by combining it,” he explained. “Through this, we can support customers in any industry to secure the highest level of IT capabilities.”
As demand from companies seeking to utilize Naver’s advanced technology and know-how increases, Naver Cloud currently has more than 50,000 customers (based on corporate accounts), and 55% of the top 100 domestic companies use Naver Cloud.
In particular, Naver Cloud has solidified its position as a leading domestic business operator by stably providing public sector services in the COVID-19 situation. Recently, a connection error that occurred in the vaccine reservation system was resolved through cloud infrastructure. In the early days of the coronavirus, all products on the Naver Cloud platform were provided free of charge to companies providing confirmed patient information and public mask sales status services, and unlimited access to the Naver Map API was provided. It was also provided.
Naver Cloud is the only company in Korea that possesses infrastructure as a service (IaaS), open cloud platform (PaaS), software as a service (SaaS), and hybrid cloud based on proprietary technologies developed in-house, enabling customers to provide services directly to customers in the desired form. Its characteristic is its ability to develop and provide products.
Based on abundant data and technological capabilities, Naver is advancing into the future by developing ▲Mobile Edge Computing (MEC) linked to 5th generation mobile communications (5G) ▲Robot as a Service (RaaS) ▲Homomorphic encryption, etc. We are preparing technologies and solutions for this purpose. In addition, Naver’s own large-scale AI, ‘Hyperclova’, is also expanding its application to various services, so corporate customers will be able to apply large-scale AI technology to their services through products on the Naver Cloud platform.
To this end, Naver Cloud is continuing to make large-scale investments, including technological investments, more than tripling its workforce, and building an eco-friendly data center called ‘Gak Sejong’ to secure a world-class hyperscale data center.
Leader Jang Beom-sik said, “By 2023, we will invest 80% of our annual sales in technology and human resources to secure new growth engines. Based on this, we will firmly establish ourselves as a top 2 business in the domestic market and a top 3 business in Japan and Southeast Asia. “We will expand our strides as a global powerhouse,” he said.
Source: Pangyo Techno Valley Official Newsroom
→ Go to ‘Asia Innovation Hub Pangyo Techno Valley 2021’ news