SK C&C targets new businesses in AI, smart factories

South Korean IT solution provider SK C&C has announced a target of 2.5 trillion won ($2.1 billion) in annual revenue by 2020 by developing new businesses based on artificial intelligence (AI), cloud computing, and smart factories. The South Korean IT services corporation said last Thursday it will broaden the IT services it delivers including reprocessing datasets using big data and AI analytics tools, according to the company’s chief technology officer and the man in charge of its R&D centre. “The emergence of new technology will cause a disruptive change and a digital transformation across all the industries. SK Holdings C&C will increase its partners’ competitiveness and profit by providing top-tier ICT technology,” said Lee Ho-soo, SK C&C’s chief technology officer. “SK Holdings C&C will transform into a data service company…


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