The CEO of Naver Cloud expects that the demand for AI will drive their exports to double in the near future.

South Korea Naver Cloud is anticipating a notable rise in the export of its services, including cloud and AI technologies, under the vision of CEO Kim Yuwon. cloud computing The technology giant is setting sights on broadening its global presence, emphasizing that the adaptability of its services is crucial in attracting clients beyond just the U.S. and China.

In a statement to Reuters, Kim Yuwon, CEO of Naver Cloud, remarked on the technological dominance of the U.S. and China, explaining how their standards can complicate local implementations, thus benefiting Korean companies. AI offerings Recently, in October, Naver secured an impressive $100 million contract to deliver vital mapping solutions to the Saudi Arabian Ministry of Municipal and Rural Affairs, with more regional projects anticipated ahead, as noted by Kim.

Naver, a key player in South Korea’s tech landscape, stands out by leveraging proprietary technologies and its powerful local search engine, making it a formidable opponent to global giants like Google.

While the company did not reveal specific figures regarding exports, it proudly announced a substantial contract worth $100 million in October for providing digital twin mapping services to Saudi Arabia's government. digital twin This initiative marks a crucial step towards future regional endeavors, as they are reportedly engaging in advanced discussions with partners in the UAE, Philippines, and Singapore due to rising enthusiasm for AI technologies in these areas.

Naver's Comprehensive Strategy for Global Growth AI models Kim pointed out the distinct requirements of nations looking to cultivate their indigenous AI ecosystems. Unlike the typical approach of importing technology from the U.S. or China, Naver Cloud presents an all-encompassing range of products, encompassing AI, cloud services, and corporate resources such as collaboration platforms and data center management.

In a significant move, the company has opened South Korea’s largest data center, capable of hosting up to 600,000 servers. Kim emphasized that Naver’s extensive service offerings, including its advanced units in robotics, position the firm as a provider of integrated service packages for international clients. Saudi Arabia Opting out of relying solely on U.S. 'global standard' services, Naver aims to tackle issues of compatibility with emerging technologies. Kim expressed assurance that their solutions serve as dependable alternatives, focusing on fulfilling the unique demands of various global markets.

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Kumar, an accomplished tech journalist, specializes in the fast-evolving realms of AI/ML and marketing technologies, alongside emerging sectors like cryptocurrency, blockchain, and NFTs. With more than three years in the field, Kumar has honed a reputation for crafting engaging stories, conducting impactful interviews, and offering in-depth analyses. His expertise spans the creation of high-quality content including articles, reports, and research for leading platforms in the industry. By blending technical insight with compelling storytelling, Kumar effectively communicates complex tech ideas to a broad audience in an engaging way.

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