[Click eStock] "CrowdWorks Secures New Growth Engine with Agentic AI Platform"

Hana Securities analyzed on August 4 that CrowdWorks has secured a new growth engine through its agentic artificial intelligence (AI) platform, "Alpy."

Choi Jaeho, a researcher at Hana Securities, introduced, "'Alpy,' launched by CrowdWorks in February this year, is an agentic AI solution that supports everything from data preprocessing and pipeline construction to the operation and management of AI service models."

He added, "Through its proprietary platform, Alpy Agentic Studio, users can easily set up workflows, manage data, and test suitable models. It also provides management tools for the efficient operation of AI services."

He emphasized, "When companies build AI agents, they can reduce time and costs. Since Alpy adopts a subscription model, it is expected to establish a stable profit growth structure once it gains a foothold in the market."

Researcher Choi explained, "In the second quarter of this year, CrowdWorks recorded sales of 2 billion won and an operating loss of 3 billion won. In the data business segment, LLM data sales reached 1.1 billion won, marking a 63% increase compared to the previous quarter and driving performance growth."

He stated, "As of the second quarter, the order backlog stands at approximately 4 billion won. Data preprocessing determines the quality of AI services, and CrowdWorks is expected to benefit from the rapid growth of the customized AI model and solution market."