Expediting Digital Transformation
Kyobo Life Insurance announced on Feb. 9 that it will transfer its big data system and important workloads to Amazon Web Services (AWS) to facilitate big data analysis and free infrastructure expansion.
Kyobo Life Insurance selected AWS' premier consulting partner Megazone Cloud and Kyobo Information & Communication as its main operators for its digital transformation project. It recently signed a business agreement with AWS and Megazone Cloud.
The first step in this project is to relocate Kyobo Life Insurance's big data system to AWS. Then a platform will be set up for collection of structured/unstructured data and real-time data, and an integrated analysis and development environment will be created. Kyobo Life Insurance also plans to relocate its core workloads such as Baro, an artificial intelligence-based insurance subscription and payment review service, to the cloud, and add new real-time question and answer functions by utilizing AWS' AI services.
In the past, it took more than six months to replace and expand infrastructure, it will take several minutes to set up, develop and test severs using standardized management and latest digital technologies, according to Kyobo Life Insurance.
Meanwhile, AWS has been keeping its No. 1 position in the global cloud infrastructure market over the past four years.