Seosangdeok S2W CEO "S2W Technology Superior to US Palantir"

Confidence in "Cost-Effectiveness" for Overseas Expansion
Aiming for KOSDAQ Listing by Q3 at the Latest
Ambition to Become a Unicorn Company in the Shortest Time

Seo Sang-deok, CEO of S2W, stated, "We believe S2W's technology is superior to the American company Palantir in terms of cost, system performance, and result accuracy," expressing confidence in the company's competitiveness overseas.

CEO Seo made these remarks at the 'S2W NEXT Vision Declaration Press Conference' held on the morning of the 11th at The Plaza Hotel Seoul, 4th floor, Jung-gu, Seoul. At the conference, Seo and key stakeholders unveiled S2W's vision, AI and big data technologies, and plans to pursue a KOSDAQ technology special listing (IPO) in the second half of this year, followed by a Q&A session with the press.

Seo Sang-deok, CEO of S2W, is presenting business achievements and vision at the 'S2W NEXT Vision Declaration Press Conference' held on the 4th floor of The Plaza Hotel Seoul in Jung-gu, Seoul, on the morning of the 11th. Photo by Choi Ho-kyung

When asked about competition with the American big data analytics company Palantir during overseas expansion, CEO Seo analyzed, "Although I cannot say for certain, Palantir solves problems by creating massive AI systems for massive-scale data." He added, "S2W, from a technical perspective, solves large problems by combining finely segmented data with lightweight AI agents," and said, "When placed in the same environment, S2W can produce superior results in less than half the time and at one-fifth the cost."

S2W passed the technology evaluation for a technology special listing at the end of last year with Daishin Securities as the lead underwriter. The company plans to complete the preliminary listing review in the first half of this year and aims to be listed on KOSDAQ by the third quarter at the latest. Most of the funds raised through the IPO will be used to expand its business by recruiting overseas talent and establishing branches in its primary target markets of Asia and the Middle East. CEO Seo expressed his ambition, saying, "We aim to surpass 100 billion KRW in sales and grow into a unicorn company in the shortest possible time."