[Asia Economy Reporter Park Hyungsoo] Ahead of the 'Korean New Deal National Report Conference,' Exem's stock price is soaring. It appears that expectations of benefits from the two core pillars of the 'Korean New Deal' policy, 'Digital New Deal' and 'Green New Deal,' have influenced the stock price.
As of 12:32 PM on the 14th, Exem is trading at 4,600 KRW, up 16.75% from the previous day.
Exem recently signed a contract for the 'Big Data-based Intelligent Energy Management System' project with the Korea Energy Agency. Exem is a company specializing in big data, artificial intelligence, databases, and application performance management.
The project awarded to Exem is one of the 2020 ICT-based public service promotion projects by the Ministry of Science and ICT. The Korea Information Society Development Institute acts as the specialized agency, the Korea Energy Agency as the leading agency, and Exem as the executor. The project is scheduled to be completed by December this year.
An Exem official stated, "This aligns with the 'Data Dam' construction aimed at maximizing data utilization, which President Moon Jae-in recently emphasized," adding, "We will enhance the completeness of the utilization system to improve the use and economic value of energy big data."
Ko Pyungseok, Executive Director and Head of Exem's Big Data Business Division, said, "This project particularly corresponds to both core pillars of the government's recently strongly driven 'Korean New Deal' policy: the 'Digital New Deal' (strengthening the data and AI ecosystem, data construction, opening, and utilization) and the 'Green New Deal' (energy management efficiency). This is why Exem's remarkable growth is expected in the post-COVID-19 era."
Jo Jongam, CEO of Exem, emphasized, "Following the KEPCO big data project, Exem has been recognized for its expertise in the public energy sector big data business through this contract for the Korea Energy Agency's 'Big Data-based Intelligent Energy Management System' project. We will contribute to building the 'Data Dam' to maximize national energy data and lead the expanding public energy sector big data market under the Korean New Deal."
Exem achieved record-high performance last year. It recorded improved sales across all business areas compared to the previous year. MaxGauge, which supports the largest number of DBMSs domestically and has maintained the No.1 market share in the database performance management (DBPM) market for over 20 years, maintained stable sales. Additionally, InterMax, an E2E (End To End) transaction tracking solution leading the APM (Application Performance Monitoring) market, saw sales increase by 48% compared to the previous year.
Kiwoom Securities selected Exem, FusionData, WINS, and KINX as beneficiaries related to big data, cloud, and security among small and mid-cap stocks expected to benefit from the 4th Industrial Revolution. Beneficiaries in the autonomous vehicle sector included KemtroNics, Mobile Appliance, and Uniquest.
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