Importers association looks for ways to use its big data

Industry

Published: 26 Jul. 2020, 19:07 Updated: 26 Jul. 2020, 19:23

Importers association looks for ways to use its big data

Korea Importers Association CEO Hong Kwang-hee, left, and Gaion CEO Kang Hyeon-seop pose for a photo after signing an agreement, Thursday. [KOREA IMPORTERS ASSOCIATION]

The Korea Importers Association teamed up with data analysis firm Gaion to develop a big data solution to serve its clients.

The two signed an agreement at the nonprofit organization’s headquarters on Thursday. The partnership is aimed to develop ways to make use of big data in both organizations as part of the government's Digital New Deal initiative. The Korea Importers Association handles data from more than 140,000 importers in Korea.

Among the projects is establishing big data solutions that have information on domestic importers and foreign companies.

Korea Importers Association CEO Hong Kwang-hee noted that stable overseas supply is a must for Korea’s manufacturing industry and exports, so maintaining a stable supply platform for manufacturing companies is crucial.

BY SONG KYOUNG-SON [song.kyoungson@joongang.co.kr]