The stock price of BI Matrix is soaring on expectations of growth through artificial intelligence (AI) solutions.
As of 10:21 a.m. on the 5th, BI Matrix was trading at 10,580 won, up 1,400 won (15.25%) from the previous trading day.
BI Matrix succeeded in turning a profit last year thanks to the launch of AI products, and is expected to record sales of 44.6 billion won and an operating profit of 7.2 billion won this year.
On this day, Kiwoom Securities evaluated BI Matrix as the "Palantir of Korea," forecasting that high growth through AI solutions will begin.
Oh Hyunjin, a researcher at Kiwoom Securities, stated, "As a leading company in the domestic BI (Business Intelligence) solution market, it is solidifying its position in the market through products that enhance user accessibility, such as low-code solutions that require no coding." BI refers to technology that collects, analyzes, and transforms corporate data to assist organizational decision-making.
He added, "In particular, the recently launched solution 'G MATRIX,' which utilizes generative AI technology, contributes directly to increased production efficiency by reducing data processing time for companies and improving usability for non-experts," and explained, "It has already completed large-scale supply to major domestic companies and is conducting projects with various companies and public institutions."
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