Samsung SDS

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Samsung SDS Headquarters in Seoul, South Korea.

Samsung SDS (Hangul:삼성에스디에스), established in 1985, as a subsidiary of Samsung group has been providing information technology services. These include consulting services (Business Strategy and Discrete IT and Network Consulting); technical services (Packaged and Customized Application Integration, Hardware and Software Implementation and Support, and IT Education); and outsourcing services (Business Process Outsourcing, Application and IT Infrastructure Outsourcing and Network Infrastructure Management)[1]. SDS is expanding its business area by investing on R&D and emerging IT technologies such as Blockchain, AI, IOT and Engineering Outsourcing. SDS provides its IT services by operating 11 offices and data centers in 11 countries.

History[edit]

The Samsung SDS was established in 1985 with a capital of 200 million won.[1] Sang-ho was the first appointed president. In its early years, it has consolidated it service and product offering and by 1988 the value of its capital rose to 4.8 billion won. By 2014, the company began expanding into businesses that cover computer-mediated communication, systems integration, and Internet-incubating businesses.[2] Some of the key milestones it achieved since its inception are listed below.

  • 1985-1989: Opened Technology research institute, Established Samsung Data Systems
  • 1989-1990: Established SDS China, Opened Samsung Multicampus
  • 1997: Established SDS America
  • 2003-2000: Opened Tijuana Data Center
  • 2004: BS 15000 Certification, an international standard of IT service
  • 2005: Awarded "The project of the Year", Awarded the prize of "Asian Most Admired Knowledge Enterprises", Obtained 10 P-CMM Level3
  • 2006: Established SDS Asia Pacific, a corporation in Singapore
  • 2007: Established SDS Asia Pacific in Malaysia, Awarded the prize of "Asian Most Admired Knowledge Enterprises"
  • 2008: Launched open source based SW Framework "Anyframe"
  • 2010: Established SDS branch in Thailand
  • 2012: Established SDS branch in Russia and Vietnam
  • 2014: Went public on KOSPI

The company’s staff of 7,000 IT-related workers— including about 95 engineers, 1,150 masters or doctorate degree holders, and 530 IT developers and business consultants—have experience gained through hundreds of projects.[citation needed]

SDS operates ‘Samsung SDS Multi-Campus’, the largest IT education institute in Korea, and requires that employees allocate 10 percent of their individual working hours to education.[citation needed] In 2007, SDS ranked No.1 in domestic IT service market share and it has never lost its leading position for number of years.[citation needed]

Its success overseas has yet to be verified, since its offices abroad are not all incorporated. Recently, the company is very active in promoting its blockchain service offering. In a 2017 keynote at the Money 20/20 Europe, CEO Hong, Won Pyo announced that the company intends to lead the global blockchain industry, which is currently experiencing its early commercialization.[3]

Overall, Samsung SDS, which is considered one of Samsung's media holdings along with Everland and Cheil[4] is particularly important for Samsung as an organization. The reason is that it is the subsidiary capable of rapidly adopting unique creative digital business models that are based on contemporary digital technologies, which include mobile, social media, sensors, and cloud technologies, among others.[5]

See also[edit]

References[edit]

  1. ^ "History of Samsung SDS". www.samsungsds.com. Retrieved 2018-06-08. 
  2. ^ Kim, Chunhyo (2016). Samsung, Media Empire and Family: A power web. London: Routledge. p. 46. ISBN 9781138949430. 
  3. ^ "Samsung SDS unveils its blockchain vision at Money 20/20". Retrieved 2018-06-08. 
  4. ^ Kim, p. 46.
  5. ^ Uhl, Axel; Gollenia, Lars Alexander (2016). Digital Enterprise Transformation: A Business-Driven Approach to Leveraging Innovative IT. London: Routledge. p. 85. ISBN 9781472448545. 

External links[edit]