September 29, 2000 in Social Responsibility News

SAMSUNG SDS to Enter the Construction Industry ERP Market Under a Strategic Alliance with Korea BizTech

Samsung SDS' move to expand its ERP solution to the local construction industry is noteworthy in that it is expected to promote the domestic IT market, which is dominated by foreign players.

Samsung SDS (CEO: Kim Hong-Ki) announced on September 25 that it would launch ERP business for the local construction industry by forming a strategic alliance with Korea BizTech, Inc., a leading local ERP company for the construction industry.
ERP (Enterprise Resources Planning) is a comprehensive system that supports overall business processes from receiving orders to shipping including accounting, trading, cost calculation, personnel management and payment, bringing customer benefits of reduced cost and improved productivity while providing an information infrastructure.
Under the partnership with Korea BizTech, Samsung SDS plans to add the construction ERP system, developed by its partner with accumulated experience and know-how, to its solution as well as seek cooperation with the partner in conducting outside projects by linking its construction-related affiliates.
In particular, Samsung SDS stands to benefit by providing standard solutions to the local construction industry, which lags behind in terms of its development in the IT area, as the Construction and Transportation Ministry designated its partner Korea BizTech as an operator of CALS (computer-aided Acquisition and Logistic Support) business, for which the ministry is scheduled to invest 57.8 billion won by 2005.

The ERP systems to be shared between Samsung SDS and Korea Biztech include:
Integrated systems (COC'S, COC'S) providing solutions tailored to company size, SI-PMIS, and SI-PERT.
The ERP systems provide a broad range of solutions and contents and the two companies as strategic partners plan to jointly launch a construction B2B e-marketplace on Korea BizTech's e-commerce site.
"There may be many problems when the local construction industry, which is vulnerable to the domestic market situation, adopts foreign solutions," said an official of Samsung SDS, explaining the reasons why local industry was slow to adopt information technology. "The latest partnership is expected to allow the two companies to develop and provide construction ERP solutions suitable for the local market, focusing on efforts to localize ERP systems for the construction market."
"The partnership brings a great synergy effect as Samsung SDS, which independently developed uni-ERP, has accumulated know-how in the system building sector and the partnership will enable it to expand its ERP business to the construction industry," added the official.
Meanwhile, Standard Telecom, the first company to be listed on the Kosdaq Stock market, decided to replace its existing U.S.-based Oracle ERP package, which it has used for the past 3 years, with Samsung SDS'uni-ERP, presenting the possibility of vitalizing the local construction ERP solution market dominated by foreign companies.
Capitalized at 740 million won, Korea BizTech is a promising small- and medium-size company founded in 1991. The company is a local ERP solution provider for the domestic construction industry aiming to achieve 5 billion won in sales this year.


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