Samsung SDS is basking in increased brand recognition across the world
Samsung SDS is gearing up towards further exploring overseas markets. It aggressively set the goal of increasing its share of overseas sales to 830 billion won, a 20 percent increase, of the company’s planned total overall sales of 4.14 trillion won.
Following the merger with Samsung Networks earlier this year, Samsung SDS was redefined as “world-class ICT (or Information Technology Communication) leader” and went on to win an overseas project worth a record $ 440 million (approximately 500 billion won) to establish an integrated security system for all oil facilities of Kuwait.
Through the project, Samsung SDS will integrate 92 oil facilities scattered around Kuwait, greatly increasing the maintenance efficiency of 92 oil facilities. Furthermore, Samsung SDS is poised to use the project as a launch pad for the market expansion of its integrated security system in the Middle East.
Having already gained recognition from overseas markets through projects such as the provision of an online e-Procurement system to Vietnam and Costa Rica and export of a local administrative information system to Japan, the company is sure of success.
On March 22, the Minister for Internal Affairs and Communications, Haraguchi Kazuhiro visited Samsung SDS headquarters to be informed about the e-Government project, which encompasses an online e-Procurement system and national integrated computer center, expressing his congratulations regarding the technological prowess.
In particular, Costa Rica’s online e-Procurement system under development by Samsung SDS is reported to have handled transactions worth 63 trillion won in 2008 alone, and is currently serving 39,000 public agencies and 150,000 enterprises. The UN has also recognized the outstanding quality of the system, declaring it an international standard.
The e-Procurement system exported to Vietnam last September was completed in just nine months since. This successful technological achievement, shown by the examples of Costa Rica and Vietnam, is expected to serve as a catalyst for the world-wide spread of the national e-Procurement system, including Indonesia, Iran, and the Republic of Tunisia.
In an effort to expand overseas business operations, Samsung SDS is establishing its 6th overseas office in Deli, the capital of India, in April (following ones in the U.S., the U.K., China, Brazil and Singapore), and allowing it to be the first overseas office to outsource EO (or Engineering Outsourcing).
Furthermore, Samsung SDS plans to leverage various smartphone features in order to materialize the concept of a mobile office by developing a mobile desk and printing service. The overseas branch is extended to North Americas (1997), China, Europe South Americas and Northeast Asia.
In particular, the company’s Automatic Fare Collection system (AFC) is recognized as a market leader even among world-class rivals in China and beyond, positioning Samsung SDS as unmatched provider of ICT services across the globe.
In the above image, a ceremony to establish an e-Procurement system held last July in San Jose at the presidential palace of Costa Rica is portrayed. On the left is Samsung SDS CEO Kim Ihn with the former Costa Rica President and Korean ambassador to Costa Rica, Kwon Tae-myun.