Cyworld wins award for innovationFrost & Sullivan Co., a global growth consulting company, yesterday gave Cyworld, SK Communication’s online community site, its annual award for the most innovative application. The company said Cyworld won the Frost & Sullivan Asia Pacific Technology Award for its exceptional operations and management of the community of blogs. Frost & Sullivan is one of the top four consulting companies worldwide. Each year, the company awards information technology companies and products according to their market share, revenue growth, business strategy and leadership in new product introduction and innovation. Cyworld is so enormously popular in Korea that SK Communications is planning to extend the service to China, Japan and the United States.
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