NHN Strategy “Support for Data-based Decision Making”

Technology|
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By Kim Seong-Tae
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NHN (181710) Cloud collaborates with Strategy to supply a cloud-based AI-based business intelligence (BI) system.

NHN Cloud announced on the 4th that it signed a business agreement (MOU) with Strategy on the 2nd of this month to promote public and private cloud joint projects based on AI data platforms.

Strategy is a company that operates BI solutions such as American technology, processes, and tools that support companies to make efficient data-based decisions. Strategy has been attracting attention by intensively buying Bitcoin since 2020 under the initiative of co-founder Chairman Michael Saylor. It is the world's largest Bitcoin holding company.

As a result of this business agreement, the two companies will supply AI-based business BI analysis systems in cloud form to enterprise customers, including public institutions. The plan is to jointly support clients to enhance data analysis capabilities, improve work efficiency, and increase the use of AI in the business by utilizing AI-based BI solutions in a safer and more flexible digital environment. NHN Cloud provides infrastructure, AI APIs, and security systems for Strategy's solutions to operate in a cloud environment. Strategy supplies demo licenses required for the solution's transition to the cloud.

Kim Dong-hoon, CEO of NHN Cloud, emphasized, “We will do our best to introduce services that help public and private customers identify and analyze data and make decisions in a more comfortable environment by combining the expertise of both companies.”

Jeong Kyung-hoo, CEO of Strategy, said, “We will work together to accelerate the digital transformation of public institutions and create best practices for AI-based administrative innovation.”

Original reporting by Kim Seong-Tae for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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