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AI & Enterprise

Samsung SDS says cloud is biggest share of IT services revenue, to invest 10 trillion won by 2031

Samsung SDS on Wednesday reported preliminary first-quarter revenue of 3.35 trillion won and operating profit of 78.3 billion won. Revenue fell 3.9 percent from a year earlier, while profit slid 70.8 percent after it booked a 112.0 billion won retirement benefit provision following a change in severance pay calculation standards. Cloud revenue rose 5.8 percent to 690.9 billion won, becoming the largest share within IT services.

AI & Enterprise

Samsung SDS completes next-generation ERP build for Samsung Electro-Mechanics

Samsung SDS said on April 20 it has completed a next-generation enterprise resource planning system project for Samsung Electro-Mechanics. The project is its first case based on the “RISE with SAP Premium Supplier” status it obtained in September 2025. Samsung SDS applied Downtime Optimized Conversion to maintain business continuity while migrating large-scale data. It said downtime for converting 8.5 terabytes of SAP HANA data fell from 140 hours to 34 hours.

AI & Enterprise

Samsung SDS ranks No. 2 in South Korea public cloud market, overtakes Microsoft -IDC

Samsung SDS has risen to second place in South Korea\'s public cloud market, overtaking Microsoft, according to an IDC report. IDC put the 2024 market at 62.37 trillion won in revenue, with Amazon Web Services leading on 22.0 percent. Samsung SDS held 11.3 percent, followed by Microsoft on 9.6 percent, Naver on 5.0 percent and KT on 2.0 percent. Samsung SDS posted the fastest growth among major providers.