Sales to exceed KRW 200 billion & employee to exceed 1000 people…The Zone & Ahn Lab to perform record
Lee Gyung Tak | kt87@ | 2017-11-14 10:53:26
"Software (SW) competitiveness" and "cyber security" are considered to be essential elements for successfully completing the 4th industrial revolution in which all industries converge with information and communication technology (ICT). As related domestic companies need to increase their size to win in the global market, The Zone and Ahn Lab, which are considered to represent domestic SW and security companies respectively, are writing new growth record.
According to the SW industry and securities industry on November 13, The Zone (CEO Yong-Woo Kim) is expected to top KRW 200 billion for the first time in total SW sales this year. The company recorded sales of 46.4 billion won in the third quarter, up 15 percent from the same period last year. The Zone official said, "In the third quarter, we traditionally missed the company`s business but achieved better results than expected thanks to the" Winback "(replacement of competitors` products) targeting foreign ERP (enterprise resource planning) solutions and cloud ERP business. "He said.
Besides, new product groupware showed a 30% growth rate compared to the same period of the previous year, and the company successfully stabilized the market. Hana Financial Group, Best Investment Securities and other securities companies said that if The Zone`s atmosphere continues until 4Q, which is the peak season, it will be able to achieve the maximum performance.
Meanwhile, Ahn Lab, the eldest brother of the domestic security industry, recently surpassed 1,000 employees after SK Infosec (about 1,200). Ahn Lab has recently expanded its workforce-oriented service business, including cloud security control, but it is meaningful because it is a company focused on developing traditional security solutions such as antivirus and firewall. The company has stagnated at KRW 130 billion in sales in recent years, but recorded a record high of KRW 142.8 billion last year. In the third quarter of this year, the company recorded KRW 38.5 billion, an increase of 4% over the same period last year.
Kim Moon-soo, head of the Policy Research Department of Korea SW Industry Association, said, "Ahn Lab and The Zone are growing in appearance, and we expect that global competitiveness will continue to grow." "However, recent statistics show that more than 30 billion midsize companies or more than KRW 100 billion are steadily growing, while the companies below them are showing `bad wealth` phenomenon, It seems that there is a need to provide a balanced industrial ecosystem so that more can come out, "he said.
By Lee Gyung Tak kt87@
[ copyright ⓒ The Digitaltimes ]
According to the SW industry and securities industry on November 13, The Zone (CEO Yong-Woo Kim) is expected to top KRW 200 billion for the first time in total SW sales this year. The company recorded sales of 46.4 billion won in the third quarter, up 15 percent from the same period last year. The Zone official said, "In the third quarter, we traditionally missed the company`s business but achieved better results than expected thanks to the" Winback "(replacement of competitors` products) targeting foreign ERP (enterprise resource planning) solutions and cloud ERP business. "He said.
Besides, new product groupware showed a 30% growth rate compared to the same period of the previous year, and the company successfully stabilized the market. Hana Financial Group, Best Investment Securities and other securities companies said that if The Zone`s atmosphere continues until 4Q, which is the peak season, it will be able to achieve the maximum performance.
Meanwhile, Ahn Lab, the eldest brother of the domestic security industry, recently surpassed 1,000 employees after SK Infosec (about 1,200). Ahn Lab has recently expanded its workforce-oriented service business, including cloud security control, but it is meaningful because it is a company focused on developing traditional security solutions such as antivirus and firewall. The company has stagnated at KRW 130 billion in sales in recent years, but recorded a record high of KRW 142.8 billion last year. In the third quarter of this year, the company recorded KRW 38.5 billion, an increase of 4% over the same period last year.
Kim Moon-soo, head of the Policy Research Department of Korea SW Industry Association, said, "Ahn Lab and The Zone are growing in appearance, and we expect that global competitiveness will continue to grow." "However, recent statistics show that more than 30 billion midsize companies or more than KRW 100 billion are steadily growing, while the companies below them are showing `bad wealth` phenomenon, It seems that there is a need to provide a balanced industrial ecosystem so that more can come out, "he said.
By Lee Gyung Tak kt87@