Sky Worldwide Accelerates New Business Expansion... "Providing AI Solutions in Finance, Healthcare, and Supply Chain Analysis"

Sky Worldwide (formerly Bitnine), a KOSDAQ-listed company, is officially expanding its scope beyond traditional advertising production to various new AI business sectors that generate revenue, including e-commerce, finance, and healthcare.

On the 15th, Sky Worldwide announced, "At the upcoming extraordinary general meeting scheduled for early next month, we will add a wide range of AI solutions development?such as AI e-commerce targeting, financial risk analysis, healthcare data analysis, and supply chain management (SCM)?to our business objectives, based on our strength in data analytics, in addition to our AI advertising production business, thereby creating new revenue models."

Specifically, among the AI solution businesses the company plans to pursue, e-commerce hyper-personalized targeting can directly contribute to increasing sales for e-commerce companies by analyzing consumer data to provide customized shopping guides. In the financial sector, the company can offer solutions that analyze customers' credit data based on AI technology in partnership with financial institutions to assess loan eligibility and analyze fraudulent transactions in real time.

In the healthcare sector, solutions that analyze electronic medical records (EMR) to propose personalized treatments are being developed, and AI drug discovery can be utilized to identify drug candidates during the new drug development process. In the industrial sector’s supply chain management (SCM), analyzing logistics data can help minimize companies’ logistics costs by predicting inventory management, delivery optimization, and risks.

Sky Worldwide expects new synergies through collaboration with its affiliate, Directors Tech. Directors Tech is a company that supplies AI marketing content to various clients across industries, including global top-tier brands such as LVMH (Louis Vuitton Group) and Chanel, as well as domestic companies like LG Electronics, Lotte Chilsung Beverage, Kakao, Jeonggwanjang, and Yuhan-Kimberly, based on generative AI technology.

The two companies have already developed the ‘AI ONE platform,’ which enables efficient high-quality content production, and are rapidly expanding their presence in the B2B marketing market.

A company representative emphasized, “Although Sky Worldwide has faced challenges in terms of profitability, by leveraging our Graph Database and Vector Database to advance AI model data technology, we will meet the diverse AI solution needs of our clients and secure profitability.”

Shin Jae-hyuk, CEO of Sky Worldwide, stated, “Sky Worldwide is a company similar to Palantir in Korea, with strengths in analyzing large-scale data to provide insights necessary for problem-solving,” and added, “By combining the data solutions secured by Sky Worldwide with the AI technology possessed by Directors Tech, we will create new opportunities in the global AI market, which is growing over 20% annually, and achieve sustainable growth.”