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AI & Enterprise

Private capital to fund social security AI platform in first software fast-track case

South Korea\'s Ministry of Science and ICT said it has recognised the Korea Social Security Information Service-led project to build an AI-based integrated social security development platform as a revenue-based private investment software project. Under the model, a private operator bears all build and operating costs and recoups investment through operating revenue. The ministry expects quicker budget procedures and faster adoption of new technologies. It is the first case using a fast-track for projects under 2 billion won.

AI & Enterprise

NIPA overhauls public SW procurement training to boost AI practical skills

The National IT Industry Promotion Agency has overhauled its training programme for officials in charge of ordering public software projects to strengthen their ability to plan and manage AI-related work. The revamped course, run with the Ministry of Science and ICT, began operating on July 27. The programme is reorganised into basic, advanced and professional levels and is offered free of charge online and through on-site visits.

AI & Enterprise

Software Promotion Act amendment passes National Assembly plenary session, strengthening compensation calculation for scope changes

A partial amendment to the Software Promotion Act that includes strengthening the framework for scope changes and ensuring appropriate compensation in public software projects passed a National Assembly plenary session on July 23. The bill, proposed by lawmaker Lee Hae-min and 12 others, aims to bolster the effectiveness of project scope review committees and establish a basis for implementing follow-up measures based on review outcomes. The Korea IT Service Industry Association welcomed the passage and said it will also present industry views during the drafting of subordinate regulations.