Software

KOSA Signs Pact With KODATA to Support Growth of AI and SW Companies

IT DAILY ·

(from left) Hong Du-seon, CEO of KODATA, and Cho Joon-hee, chairman of KOSA. [Photo: Korea Information and Software Industry Association]

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The Korea Artificial Intelligence and Software Industry Association (KOSA) signed a business agreement with Korea Data Agency (KODATA) on the 10th at its headquarters in Songpa-gu, Seoul.

The purpose of the agreement is to support the sustainable growth of AI and SW companies and strengthen competitiveness, with KOSA member companies as the target.

The two organizations agreed to offer preferential fees for member companies’ credit ratings and corporate information services, as well as support for data-driven corporate information services for member company management.

The Korea Artificial Intelligence and Software Industry Association (KOSA) said on the 11th that it had signed a business agreement with Korea Data Agency (KODATA) to strengthen member companies’ competitiveness and management support. The agreement was signed on the 10th at the association’s headquarters in Songpa-gu, Seoul.

The purpose of the agreement is to support the sustainable growth of AI and SW companies and strengthen their competitiveness. The support will target KOSA member companies, and will include management support, growth support, and business activity support.

The agreement was pursued by linking KOSA’s member company network with KODATA’s corporate information and credit rating services. Through this, the two sides expect to ease the burden of evaluation costs on member companies and expand data-driven management support.

The photo taken that day shows KODATA CEO Hong Du-seon and KOSA Chairman Cho Jun-hee.

The two organizations signed the agreement and decided to cooperate mainly on preferential support for member companies’ credit rating fees, preferential support for corporate information service fees, and corporate information services for data-driven member company management. The agreement focuses on offering fee benefits for evaluation and corporate information services to member companies, as well as data-based management support.

The two organizations will use KODATA’s corporate information and KODATA’s expertise in evaluation to reduce the burden on KOSA member companies in using corporate information, and to ease the burden of using various evaluation services. Through this, they aim to support member companies’ business activities and help strengthen their corporate competitiveness.

The signing ceremony was attended by KOSA Chairman Cho Jun-hee, KODATA CEO Hong Du-seon, and key officials from both organizations. At the event, the two sides discussed cooperation measures for the growth and development of AI and SW companies, and agreed to build a mutual cooperation system by leveraging the human and material infrastructure and business capabilities each side possesses.

The two organizations said they will continue working-level discussions to ensure the concrete implementation of the agreement. They also agreed to gradually push ahead with support for the growth of domestic AI and SW companies and efforts to strengthen the industry’s competitiveness.

KOSA Chairman Cho Jun-hee said the partnership with KODATA, the nation’s top specialist agency for corporate credit investigation and evaluation, makes it possible to provide practical and differentiated benefits to member companies. He added that KOSA will seek out tangible member services and promote joint research to help enhance the competitiveness of the AI and SW industry.

Source: IT DAILY · Yang Seung-gap
Original: https://www.itdaily.kr/news/articleView.html?idxno=241540

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