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RSN Named to Forbes Korea's 'Korea AI 50' List

20 Years of Big Data Analysis... Market Share No.1
20% Annual Growth... Profitable Management
Expanding Client Base with 'Lucy TrendGPT'

Big data analytics specialist RSN announced on the 15th that it has been named one of the '2024 Korea AI 50' companies selected by Forbes Korea.


Forbes Korea selects and announces the Korea AI 50 to spotlight AI companies leading the industry by focusing on the commercialization of artificial intelligence (AI) technology. This year, they extracted Korean startups and mid-sized companies from The VC's corporate information database whose main technologies or product descriptions included the keyword 'artificial intelligence,' initially selecting 753 companies as first-round candidates, then filtering them according to selection criteria to narrow down to 291 final candidates.

RSN Named to Forbes Korea's 'Korea AI 50' List Baek Seonghwan, CEO of RSN

Next, they normalized evaluation criteria such as the number of registered patents, investment attraction amount, number of employees, sales information, AI technology verification, market potential, management status, and global marketability, applied weighting, and reviewed them to select the final 50 companies.


Previously, RSN was also selected as one of the '2024 Asia-Pacific High-Growth Companies' announced by the UK Financial Times (FT).


RSN maintains the number one market share in Korea based on its AI-based technology for 'spoken language unstructured big data analysis.' Recently, it completed the development of 'Lucy TrendGPT,' a chat-based AI assistant capable of free Q&A, and is increasing its client base.


Over 20 years of conducting AI business, RSN has shown continuous growth every year and sustained profitable management. In the past five years, it has maintained an average sales growth of 20%, operating profit of 27%, and net profit of 20%. It is accelerating preparations with the goal of going public next year.


Seonghwan Bae, CEO of RSN, said, "Through being selected as one of the 2024 Korea AI 50 companies, the excellence, capabilities, and marketability of RSN's AI technology have been validated, and we plan to further accelerate our global AI big data analytics market expansion."


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