[Click eStock] "Inzisof, the Hidden Powerhouse of AI Solutions in the Financial Sector"

On the 9th, KB Securities analyzed Inzisof as the strongest player in AI image recognition and robotic solutions in the financial sector.

Inzisof is an AI-based image data specialization company and the number one domestic company in image processing and image recognition technology. Based on AI-driven optical character recognition and robotic process automation solutions, it is a leading company in handling financial counter services in Korea. Last year, it recorded consolidated sales of 23.6 billion KRW and operating profit of 4.8 billion KRW, growing 11.7% and 8.7% respectively compared to the same period the previous year.

Researcher Sang-guk Lim of KB Securities stated, “It is the top company in AI-based image data processing in the financial sector, with deep learning and image recognition capabilities,” and added, “Currently, ChatGPT’s target market is B2C, but as it expands to B2B (such as financial sectors) in the future, securing image data will be very important. Therefore, Inzisof, which holds the best technology in domestic AI OCR (identification card recognition), is expected to benefit.”

Additionally, Researcher Lim said, “With the spread of digital financial services in financial institutions and the activation of ODS, providing optimal cloud solutions (such as identification card, text, and document recognition) is expected to drive significant growth in the future,” and noted, “Given the rapid aging trend and the gradual shortage of the labor force, the value of Inzisof’s AI technology and robotic solutions is expected to rise.”

Furthermore, he explained, “The core lies in deep learning-based image recognition solutions, electronic document technology, and automated robotic solutions, which can improve financial sector work efficiency and substitute for future labor shortages,” and analyzed, “The current market capitalization is 95.2 billion KRW, and considering AI, market monopoly power, the value of K-Bank shares (book value 11.8 billion KRW), growth potential, and comparison with similar AI companies, it is judged to be significantly undervalued.”