[Courtesy of Douzone Bizon]
SEOUL -- As COVID-19 spreads a trend of avoiding face-to-face contact, South Korea is actively adopting digital transformation in public and corporate sectors by utilizing cloud, big data and AI technologies. Douzone Bizon, an ICT solution and service provider, predicts that companies that have insisted on installation-type software would speed up the adoption of cloud solutions in 2021.
Douzone, which is involved in a state project to establish a big data platform, supports digital transformation by segmenting WEHAGO, a service-type software for private companies, and expanding opportunities for innovative new financial services. Douzone's services include accounting programs, cloud, groupware, information security and enterprise resource planning (ERP), which is the integrated management of main business processes, often in real time and mediated by software and technology.
"Last year, COVID-19 has accelerated the transition of organizations using general package software to cloud-based SaaS environments. Like this, the existing way and culture of using IT will see a continuous change this year," Douzone's business platform head Song Ho-chul said in an interview with Aju Business Daily. Douzone can help companies use new technologies properly, he said,
Cloud computing, or referred to as cloud, and SaaS (Software as a Service) are closely related. Cloud computing is the on-demand availability of computer system resources and makes data centers available to many users over the internet. SaaS is a software delivery model in which a cloud-based software application is licensed to a user. SaaS providers deliver and maintain their applications over the internet. Multiple users can have access to the same software, and users do not have to worry about server maintenance.
"Companies that have insisted on installation-type software are accelerating the adoption and transformation of cloud solutions. It's because of COVID-19," Song said, adding the transformation of public information systems into private cloud is highly valuable when public data is linked to corporate data. "If private cloud is available to public institutions, a relatively less important system will begin to be used in private cloud and there will be changes thereafter."
"By utilizing big data that we have established, innovative services related to corporate finance, management and manpower can be created with real-time accounting big data. I believe that value could be higher if corporate R&D and financial accounting data can be linked to data held by public institutions," Song said, pointing to Douzone's joint work with Samsung Medical Center, a tertiary hospital in southern Seoul, to establish a big data platform for precision medical services in Gangwon Province.
Data is seen as a crucial element in realizing future medical services such as telemedicine, but Song said that South Korea's healthcare industry has no standardized data because electronic medical records, medical information systems, medical video storage transmission and genomic information were accumulated in fragmented ways by hospitals and solution developers.
"The fragmentation of medical data means that it is difficult to analyze and learn by linking genetic information mutations in patients with diseases in medical records. Since an individual hospital owns data, there was no third party who could play a leading role in collecting and using them for advanced medical services," Song said, suggesting Douzone's technologies can be applied to genetic sequencing and molecular biology technologies owned by hospitals to diagnose and prevent diseases, provide more personalized prescriptions, and let patients participate in treatment.
Researchers are trying to commercialize a medical AI engine utilizing electronic medical records as big data. Medical AI platforms will change the paradigm of treating patients by moving from treatment to overall health management, preventing illnesses and providing tailored medical care.
Douzone hopes to run a marketplace where corporate customers meet with service providers. A satellite platform will be created to support outsourcing, which is needed to present necessary laws for service providers participating in the marketplace. "It is possible to create additional services by analyzing data on this platform. It provides a model that can predict the volume of transactions, relationships, sales, etc. of companies and can be linked to their credit assessment methods," Song said.
(This article was based on an interview conducted by Aju Business Daily reporter Im Min-cheol.)
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