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Korean firm to pitch smart office to Neom

 

Korean firm to pitch smart office to Neom  

Korean IT giant Naver will pitch not only its staple internet and cloud services, but also a whole building filled with its latest technology to Saudi officials during its visit as part of Korean delegation.

As the IT company aims to bid for a $500 billion city development project in Saudi Arabia, its new office building — named Naver 1784 — is now doubling as a technology showroom.
 
Naver is one of the companies accompanying Minister of Land, Infrastructure and Transport Won Hee-ryong’s trip to Saudi Arabia, seeking to participate in the Middle Eastern country’s massive NEOM smart city project. The delegation departed on Friday and will return on Nov. 9. 

A Naver spokesperson said the trip to Saudi Arabia is also part of the sales activity to promote our smart building technologies along with our artificial intelligence [AI], cloud and robots.
  

When Naver first began to eye the global market, commerce was its first option, as the company runs a massive online marketplace that reached an annual trading volume of 28 trillion won ($19.7 billion) in Korea last year. 
 
In October last year, Naver made inroads into Japan’s e-commerce market with MySmartStore, an online marketplace, leveraging its 89-million-user Line messenger app.
 
Along with e-commerce, business-to-business services — such as chatbots, identity verification and call automation — are part of the company’s global expansion plan, led by Naver Cloud, a cloud service subsidiary of Naver.
 
With NEOM city reported to be filled with all things tech ranging from robotics, cloud and automated systems, the trip may offer the jump-start Naver needs to accelerate its global business-to-business project.

Source: https://koreajoongangdaily.joins.com/

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