SimPlatform is showing a sharp rise on its first day of listing. This is attributed to expectations for the full-scale growth of industrial AIoT (AI+IoT).
As of 9:32 AM on the 21st, SimPlatform is trading at 22,525 KRW, up 50.17% from the public offering price.
SimPlatform previously succeeded in its IPO (Initial Public Offering) process. In the demand forecast conducted for institutional investors, it recorded a competition rate of 1,213.84 to 1, confirming the public offering price at the highest level of 15,000 KRW. At that time, 99% of institutional investors offered prices at or above the highest level, highly valuing SimPlatform's growth potential and corporate value.
SimPlatform's NUBISON AIoT platform is a solution specialized in time-series data analysis. While existing text and video data analyses focus on result-oriented methods, time-series data is evaluated as effective for continuously monitoring process changes and making predictions. Accordingly, demand for process efficiency through time-series data-based solutions is expected to gradually increase.
Currently, the cumulative number of companies using SimPlatform's services is understood to have exceeded 70, and it has succeeded in securing domestic semiconductor foundry service companies as clients. Additionally, it is expanding its presence in the healthcare sector by providing real-time patient data analysis services for IoT medical devices to major domestic hospitals. Furthermore, it is achieving results in the public industry sector through smart village services and in the agricultural sector such as smart farms.
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