The Top Cloud Managed Service Providers in Korea for Startups

Data is critical to any business in Korea. However, managing data can be challenging, considering all the technical issues and security risks. These issues can lead to revenue loss, slowdowns, and even hacks. While some startups in Korea might feel they do not have the funds to hire one of these cloud-managed service providers in Korea, they would be wrong. The risk of taking on the management responsibilities of their cloud solution infrastructure internally could cost more for startups than they realize. Therefore, you might consider one of these top cloud-managed service providers in Korea to get the best possible services.

Why Should Companies Use Cloud Managed Service Providers?

An entire staff handling the company’s cloud services can be costly. An average cloud engineer in Korea will demand at least $60,000 a year (73 million won a year). Hiring a single cloud architect is impossible for most SMEs and startups. However, outsourcing cloud management services will allow startups to reduce costs and save even more on security. Companies can work with cloud management service providers to only pay for services they need. For example, if your business only needs security protection, network monitoring, and cloud storage, it can pay for that. In addition, as your relationship with your cloud-managed service provider grows, the better they will understand your needs.

Startups in Korea that rely heavily on a technology-centric future need to partner with an experienced and talented cloud management service provider in Korea.

Top Cloud-Managed Providers in Korea

Megazone Cloud

Megazone Cloud is the largest cloud management service provider not only in Korea but in the Asia Pacific region. They were the first Korean business partner of Amazon Web Service (AWS). Megazone cloud has a valuation of $1.7 billion and is the first cloud-based unicorn startup in Korea. Their sales in 2021 reached over $730 million. Their series C funding round was $430 million, the most significant amount raised by a Korean cloud management company.

Megazone Cloud has over 3,700 corporate clients, such as Samsung Electronics and LG. However, they also offer financial institutions, SMEs, and startup services. They manage offices in South Korea, the United States, Canada, Japan, Hong Kong, Vietnam, and China.

The company is currently preparing for its IPO, which should happen in 2023. They aim to become an integrated digital platform offering services related to NFTs and virtual avatar services using AI technology.

Bespin Global

One of the top cloud-managed service providers in Korea is Bespin Global. They help with business and digital transformation through cloud migration, management, and consulting. Their cloud management platform is called OpsNow. Their service supports Alibaba Cloud, Amazon Web Services, Google Cloud, Huawei Cloud, Microsoft Azure, and Tencent Cloud. Therefore they are continuously recruiting and training cloud IT talents. They have over 1,500 clients, including Samsung, Hyundai Motor, SK Telecom, and Netmarble. Their sales in 2021 reached over $170 million.

Bespin Global has also partnered with the Busan Metropolitan Government to set up training courses to train over 2,000 cloud and data experts by 2026.

Google Cloud Platform Managed Services Provider

Bespin Global holds over 100 Google Cloud certifications in Korea and China. They are the first Asian Pacific-headquartered partner to become a Premier Partner and Managed Services Provider with Google Cloud. They were selected for their capability to operate skilled technical support, having diverse cloud experience, and for making investments in Google Cloud practices. Therefore, Bespin Global will offer proactive services to both large and small cloud adopters in Korea and across Asia.

“Bespin Global will be committed to more investments to hone multi-cloud management technology and to do more M&As at home and abroad,” said CEO of Bespin Global, Lee Han-joo.

Cloocus

Cloocus is a Seoul-based cloud-managed service provider and cloud partner of Microsoft Azure. They have a cloud system called Cloud Z with Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. They offer organizations a computing framework platform to manage customers’ IT infrastructure remotely. Private equity fund Stonebridge Capital Inc. is the largest shareholder of Cloocus.

Cloocus has raised over $40 million in funding from SK and over $80 million in total for their series B round. Their primary focus for 2023 will be the development of AI and big data analysis systems. They will do this by forming partnerships with cloud-based companies in Korea and worldwide.