Hyosung Information System Co., Ltd. (hereinafter HIS), a Hyosung’s subsidiary specialized in IT infrastructure such as storage and server, had the 30th anniversary ceremony of foundation on 25th at Some Sevit located in Banpo-dong, Seocho-gu, Seoul.
□ Sales has grown 900 times in the past 30 years, establishing itself as No.1 storage company in Korea
Celebrating the 30th anniversary this year, HIS was founded in 1985 in the name of Hyosung NAS Co. as a joint venture with US HDS (Hitachi Data Systems). It was the only domestic capital company in the medium and large scale computer market of Korea dominated by foreign companies, and has grown through continuous technology development and customer expansion.
Understanding customer needs anticipatively in the continuous market changes, HIS has transformed from a hardware supplier to an ICT integrated infrastructure solution company, and so has provided storage and related solutions to about 850 client companies in all the industries such as finance, manufacturing, public and communications.
As a result, its sales has grown 900 times for 30 years reaching 221.4 billion Won last year, and the company is establishing itself as the No.1 storage and server company in Korea recording more than 40% market share in the high-end storage field. On the basis of technology of Pentaho, the big data analysis and handling company which HDS recently purchased, HIS plans to expand the big data platform business.
□ President Cho Hyun-joon, “HIS, will lead the future big data era”
In this ceremony, Mr. Cho Hyun-joon Head of the Hyosung IT PG (Performance Group, President) said, “HIS is proud of being the leading company which has taken the lead of the Korean IT industry for the past 30 years through close cooperation with US Hitachi Data Systems,” and, “It is now the era of data technology when Connection and Network connecting all the people and things are key of changes. Perceiving the big data called the 21st Century petroleum as the core of future ICT market, HIS will promote the big data platform businesses and consequently grow to be the company leading the future big data era.”
□ Pivotal role is requested for fusing ICT to the technologies of textile, electric power, chemistry and finance
With the above, President Cho requested that HIS would play the pivotal role in fusing the ICT technologies of the IT field subsidiaries including HIS to the technologies Hyosung has nurtured so far in the manufacturing areas such as textile, electric power, chemistry and finance, to draw big jumps from all businesses of the Group.
President Cho Hyun-joon is accelerating in nurturing the next generation future businesses of the Group through synergy of ICT field subsidiaries such as the global network of Nautilus Hyosung which has No.1 share of US ATM market, electronic payment business and FinTech technology of Galaxia Coms, and data information and cloud service of Hyosung ITX as well as HIS storage.
□ HIS, will secure the status of big data specialized company until 2020
The anniversary ceremony this day was attended by Mr. Cho Hyun-sang Vice President of Hyosung, Mr. Jeon Hong-gyoon Representative Director of HIS (Vice President) and Mr. Mark Ablett Vice President in charge of HDS APAC as well as President Cho Hyun-joon, and gave the occasion to celebrate the outcome of HIS in the past 30 years and share the vision for future.
Representative Director Jeon described the med and long term vision of HIS as, “Not only establishing itself as a big data specialized company until 2020 but also strengthening cooperation with HDS to solidify its status as the No.1 storage and IT company in Korea through attracting new customers,” and “for this, HIS will secure the big data open source technology and at the same time form an exclusive organization for big data, to establish itself for customers as provider of the integrated ICT solution on the basis of the big data platform to be released at the end of this year.”
On the other hand, this foundation anniversary ceremony became a vital and joyful field of festival with sand animation containing 30 years history of HIS, congratulatory video messages from employees, performance by the employee band and performance by popera singers. Also, prize money was presented to 10 years and 20 years long service employees, and Achievement Award, Company Motto Award and Company Club Award were also awarded.