Green Data Cabinets Feature Editorial

To bring awareness of Korean software companies to International markets, especially the U.S., Europe and Japan, Korea Trade-Investment Promotion Agency (KOTRA) has taken upon itself the responsibility of promoting Korea’s software capabilities across the world. Thus, this gives them the limelight needed to get global attention.

Consequently, at the recent Interop New York 2010 in New York City, KOTRA’s software strategist Eric Kwon met with TMC’s (News - Alert) CEO Rich Tehrani to give TMCnet.com’s readers a glimpse of software Korea.

In explaining KOTRA’s mission, Kwon told Tehrani that the agency facilitates International trade between Korean exporters and overseas buyers. While helping Korean globalize their products, it is also assisting foreign investment in Korea. Consequently, it has created a division called Invest KOREA that provides services such as investment consultation, market research and partner search, administrative support, legal/accounting/tax advice and follow-up service.

Speaking of import/export, Kwon highlighted the fact that software, unlike hardware, is flexible industry and is less affected by currency fluctuations.

The KOTRA software strategist then talked about a website, which provides names of major software companies and services provided.

He then identified a prominent member, the IT services arm of LG Group, LG CNS. Currently, LG CNS is Korea’s largest IT service provider and has implemented a number of large-scale public IT infrastructure projects and played a major role in the Korean government's e-Korea initiative. It has developed a smart transportation system for Seoul Metropolitan Transportation, enabling an integrated payment method using mobile phones for train, bus, metro and taxis, called unified smart system.