[Featured Stock] Moko Msys, Artificial Neural Network Translation 'Stands Out'... Expectations for Government AI Development

[Asia Economy Reporter Hyungsoo Park] The stock price of Moco MCsys, an information technology (IT) infrastructure solutions company, has been on a continuous rise. The government's initiative to foster the artificial intelligence (AI) industry appears to be influencing the stock price with expectations of benefits. The government is opening new training data and providing AI infrastructure such as ultra-large AI models. It is securing next-generation AI and problem-solving AI technologies with a significant gap and promoting the 'K-Cloud' based on domestic AI semiconductors.

As of 9:12 a.m. on the 9th, the stock is trading at 2,235 won, up 3.23%. It has been on an upward trend for three consecutive days since the 7th.

Moco MCsys develops, sells, maintains, and services integration solutions and security/APM (Application Performance Management) solutions. Integration solutions support the interconnection of various applications, services, and systems inside and outside enterprises. They have supplied integration solutions to over 200 domestic clients, including large corporations such as Samsung Electronics, LG Electronics, SKT, public institutions like the National Health Insurance Service, Ministry of Justice, police, and financial institutions including Shinhan Bank and NH Nonghyup.

Recently, the need for cloud integration has increased due to the spread of cloud computing. The integration solutions are expanding to include open API solution methods due to rising integration demand in new business areas such as MyData projects and fintech.

Moco MCsys anticipates that the cloud storage solution market will be activated following the government's Digital New Deal policy. The intelligent government policy can be summarized as 5G, AI intelligent government, and database digitalization. Key tasks include establishing a 5G business network, building a cloud-based public smart work environment, phased construction of a 5G national network for 39 central government ministries, and transitioning public information systems to the cloud. The establishment of a cloud-based public smart work environment and the cloud transition of public information systems are directly related to Moco MCsys's cloud storage solutions. The cloud transition of public information systems aims to convert over 80% of public services to a digital environment and achieve 100% cloud transition for administrative and public institutions by 2025. Document-based security systems will all shift to cloud methods. Moco MCsys is the supplier of the Ministry of the Interior and Safety's G-Drive. Demand for cloud storage solutions is expected to increase with the establishment of a cloud-based public smart work environment and the cloud transition of administrative and public institutions.

To supply document centralization solutions or cloud storage solutions to government and public institutions, National Intelligence Service Cryptographic Module Validation Program (KCMVP) and GS certification must be obtained. Moco MCsys has acquired the necessary verifications and certifications. Moco MCsys also expects to evolve into an intelligent document management system incorporating AI and is developing next-generation technologies such as full-text search functions specialized for document centralization and content management functions using artificial intelligence.

Researcher Seonghwan Hwang of Shinhan Financial Investment said, "Benefits are expected from e-government," explaining, "Moco MCsys built G-Drive in 2017 under the Ministry of the Interior and Safety's data cloud policy." He added, "Through this reference, they later participated in data security projects for Korea Gas Corporation and Korea National Oil Corporation," and noted, "Since the security solution is self-developed software rather than foreign software, it is more profitable compared to integration solutions."

Recently, solutions that reduce costs and time through business process innovation using AI technology are increasing. As solutions increase, the paradigm shift in work is a challenge companies face. Changing existing business processes is not easy. Moco MCsys supports appropriate solutions and technologies that companies expect.

Moco MCsys is the domestic partner of RWS, the world's largest translation service and solutions company, for the artificial neural network machine translation solution 'Language Weaver.' Language Weaver provides over 2,600 language combinations to translate content quickly and effectively. Using Language Weaver in a cloud environment allows users to enjoy the advantages of a secure and scalable SaaS solution. Language Weaver also supports on-premises/private cloud environments through its unique edge architecture. Enterprise customers can train the translation engine with proprietary language data used internally to use a solution customized to the company's unique language. It reduces translation time and costs. It translates all types of content, including documents, emails, presentations, and websites, via desktop or favorite browsers.

Companies and consumers want customized information in real-time across various channels, from traditional channels such as publications and the web to emerging channels like chatbots and virtual assistants. As content volume explodes, real-time translation demand is rapidly increasing. Artificial neural network machine translation supports the smooth operation of the global content supply chain.