DataStreams, SAT Information Sign Strategic MOU to Drive AI Ready Data-Based Intelligent Innovation
IT DAILY ·
✦ AI Summary
DataStreams and SAT Information recently signed a strategic MOU.
The agreement aims to drive AI Ready Data-based intelligent innovation and expand joint businesses.
The two companies plan to identify new business opportunities in AI and data and pursue joint projects.
DataStreams, a company specializing in intelligent data platforms, recently signed a strategic memorandum of understanding (MOU) with SAT Information. DataStreams is led by CEO Lee Young-sang. The agreement aims to drive AI Ready Data-based intelligent innovation and expand joint businesses.
Under the agreement, the two companies agreed to establish a cooperation framework based on the technologies and business capabilities each has built. Accordingly, they plan to identify new business opportunities in AI and data and pursue joint projects. The signing ceremony was held at DataStreams' headquarters.
A commemorative photo session followed the signing ceremony. DataStreams CEO Lee Young-sang and SAT Information CEO Oh Se-yong posed for a photo together.
As the spread of generative AI and AI Agent into actual work domains at enterprises and public institutions accelerates, the key factor in AI adoption outcomes is emerging not only as model performance but also as AI's ability to accurately understand, trust, and safely use a company's internal data. Corporate data is scattered across DB, DW, data lakes, various business systems, and documents, so stable connectivity among distributed data is being presented as a requirement for the practical application of generative AI and AI Agent. In addition, systematic management of data quality, freshness, metadata, business meaning, data flow, and access rights is required, and this environment of requirements is AI Ready Data.
DataStreams is responding to these market changes. Using Data Integration, Data Governance, Data Virtualization, and Data Fabric as core technologies, DataStreams is expanding its strategy to 'AI Ready Data,' which connects and manages enterprise data in a form that AI can use immediately.
DataStreams and SAT Information plan to cooperate on the basis of this MOU. DataStreams has strengths in Data Integration, governance, and AI Ready Data, while SAT Information has capabilities in electronic document management and assetization. By combining their capabilities, the two companies plan to advance the environment for customer data utilization and support AI-based intelligent innovation.
To that end, the two companies will make building a joint business model a key area of cooperation, while also pursuing expanded business for their respective solutions and cooperation in reselling those solutions. They also plan to cooperate in identifying new customers and business opportunities, as well as in concretizing customer-specific business models using the two companies' solutions.
The two companies said they will not limit this agreement to simple technical exchange, but will link it to the discovery of actual business opportunities and lead it to joint project execution. Going forward, they plan to identify business areas where their strengths can be combined, expand joint proposals tailored to customer needs, and gradually broaden technical cooperation.
The heads of both companies cited a data foundation and the combination of each company's capabilities as the basis for the partnership. CEO Lee Young-sang said that, to connect AI with actual business innovation, a data foundation that AI can trust and use is important, and that the company will promote the combination of both companies' technology and business capabilities through cooperation with SAT Information. He added that the company will also work to create customer innovation cases based on AI Ready Data. CEO Oh Se-yong said he expects DataStreams' data management and AI Ready Data technological capabilities to combine with SAT Information's business capabilities, and added that he expects the partnership to uncover new business opportunities. He also said the company will work with DataStreams to build competitive business models that support customers' digital and AI transformation.
DataStreams has platform capabilities based on Data Integration, Data Governance, metadata, data quality management, Data Virtualization, and Data Fabric. Based on these capabilities, it has supported the establishment of data utilization systems for a wide range of industries, including finance, public sector, and manufacturing.
Recently, DataStreams has been pursuing a strategy centered on 'AI Ready Data.' Based on this, the company is expanding into the field of trustworthy data infrastructure for generative AI and agent AI environments.
Source: IT DAILY · Kim Ho
Original: https://www.itdaily.kr/news/articleView.html?idxno=241592
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Source: IT DAILY
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