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Ways Foreign Players Can Dominate the SaaS Market in Korea
Competition in the SaaS (Software as a Service) space is increasing as customers are looking for better solutions to their problems. Korea has been known for its innovation in the tech space. Many software companies in Korea have sprung up. Thanks to the easily deployable infrastructure like AWS…
Korean Conglomerates Invest in the US Market
This is not the best news for the Korean startup scene. Korean conglomerates like Samsung, SK, Lotte, LG, and others have already started building plants in the United States and have started investing in US companies. This plan is to expand into the world's biggest customer market. Since Donald…
Entrepreneurs in Korea First Need to Learn How to Fail
Entrepreneurs in Korea have a larger fear of failure than those in the western world. That might be mainly because of the strict standards set by their parents. In Silicon Valley, it is expected that you fail when starting a startup. Through failure, you can learn from your mistakes. However for…
Data Science Startups in Korea using AI with Analytics
Data is driving the future of many businesses around the world. It is crucial in creating innovative products/services, offering better customer service, and making smarter decisions. It is safe to say that data science has become a core business function. Now there are data science startups in…
Korean Startups Using Recycled Material to Create Cool Products
Korean Startups using recycled material to create innovative products are on the rise. South Korea has been ranked the second highest country when it comes to having a circular economy. Circular economies minimize waste and make the most of recourses. This is in large part to the Ministry of…
Standalone VR Headset Startups in Korea to Watch For
The Digital New Deal is a program in South Korea that invests in new technologies. This is why they are strongly supporting the metaverse industry in South Korea. However, for the Metaverse to truly become a reality, Korea needs its own standalone VR headset. Thankfully, there are a few standalone…
