KT (CEO Kim Young-seop) announced that the bogus intelligence conversion (AX) three way partnership between Microsoft and (MS) will start with about 100 experts.
KT introduced its plan to ascertain an AX three way partnership based on the partnership it recently signed with MS through a conference call announcing its third quarter performance on the eighth.
Based on this, the three way partnership will mix the skilled capabilities of KT and MS and consist of about 100 AX experts. The business begins with technology consulting for C-level executives.
They said they’re currently attempting to contact some customers and can contribute to increasing sales.
In addition they announced that they may increase the proportion of AI in total sales to 19% by 2028. The present proportion is about 6%.
It’s predicted that as regulations on the introduction of cloud within the financial sector are eased, sales will give you the option to expand specializing in security and cloud. Specifically, it was expected that the financial sector can be faster than the general public sector cloud expansion.
Meanwhile, KT announced that its sales within the third quarter of 2024 in accordance with Korea International Financial Reporting Standards (K-IFRS) recorded KRW 6.6546 trillion on a consolidated basis and KRW 4.765 trillion on a separate basis. Because of the early reflection of costs resulting from wage negotiations within the second quarter of this yr, KT Group’s overall operating profit recorded KRW 464.1 billion, up 44.2% from the identical period last yr, and operating profit on a separate basis increased by 75.1% to KRW 338.9 billion.
The company service business increased sales by 2.5% in comparison with the identical period last yr, based on growth within the dedicated line and AI contact center (AICC) businesses. Amid the stable growth of dedicated lines, AICC continued to see double-digit sales growth because of the influence of A’Cen Cloud, a subscription product.
KT CFO Jang Min said, “Going forward, we are going to grow into an AICT company based on our strategic partnership with MS,” and “We’ll raise our corporate value to the following level.”
Reporter Jang Se-min semim99@aitimes.com
