On May 22, Kiwoom Securities analyzed that the performance of Douzone Bizon’s artificial intelligence (AI) solutions is now becoming fully visible.
Oh Hyunjin, a researcher at Kiwoom Securities, explained, "The AI solution 'ONE AI' not only strengthens the competitiveness of existing products, but also automates business processes such as enterprise resource planning (ERP), groupware, and electronic document management, thereby enhancing overall business productivity."
He added, "The vast amount of data accumulated since the beginning of the digital transformation process, as well as the seamless integration with existing solutions enabled by this data, are factors that enhance Douzone Bizon's competitiveness as an AI software (SW) company."
Researcher Oh analyzed, "Since its launch in June last year, approximately 3,800 companies have adopted ONE AI," and added, "The company has set a goal to implement it in more than 8,000 companies within this year." He further emphasized, "The company has also released the on-premises AI model ONE AI PE, making it possible to expand the supply of solutions to public and financial institutions operating in closed network environments."
He stated, "One of the company’s mid- to long-term growth drivers, entry into the financial sector, is also progressing in a recently improved direction," and continued, "Through an equity investment in Jeju Bank, the company is accelerating collaboration related to digital banking." He added, "Compared to the recently withdrawn plan to enter the internet banking sector, this approach will require less capital and enable faster business development," and said, "The company expects to generate new revenue streams and achieve a lock-in effect with ERP solution customers."
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