Korea Investment & Securities forecasted that Emro, the nation's leading artificial intelligence (AI)-based supply chain management software company, will see improved performance starting next year.
They expect that the integrated supply chain management (SCM) SaaS platform, jointly developed by Emro along with Samsung SDS and the US-based o9 Solutions, will drive the performance improvement.
Korea Investment & Securities estimated that Emro will record sales of 67.6 billion KRW and an operating profit of 9.2 billion KRW this year, representing increases of 15.3% and 41.3%, respectively, compared to last year.
Researcher Yoon Cheol-hwan of Korea Investment & Securities stated, "Attention should be paid to the strategic partnership among Emro, Samsung SDS, and o9 Solutions, which are leading companies in the supply chain management sector," adding, "Through the world's first integrated supply chain management SaaS platform jointly developed by the three companies, they will actively target overseas markets that are 60 times larger than the domestic market starting next year."
He continued, "Reflecting the profitable SaaS sales, we expect a quantum jump in Emro's performance."
Researcher Yoon judged that as recurring sales centered on large corporate clients steadily increase, profitability will improve alongside growth in technology-based sales.
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