How it started
History
Samsung SDS was established in 1985 as Samsung Data Systems as a subsidiary of Samsung Group, and was renamed Samsung SDS in 1997. The company was founded to provide ICT services to Samsung Group affiliates based on contemporary digital technologies, including mobile, social media, sensors, cloud technology, and others.
Initially, the company focused mainly on systems integration and IT outsourcing, before expanding into the fields of logistics, business process outsourcing (BPO) and IT-based manufacturing process platforms. More recently, the company has worked with Artificial intelligence, Blockchain, Cloud computing, data analytics, and security-based platforms. The company began to expand overseas in 1997 with the establishment of Samsung SDS America, followed by Samsung SDS China in 1999. The company currently has eight regional headquarters and offices in 41 countries. In 2014, the company launched a domestic initial public offering (IPO), which at the time was the 3rd largest ever in South Korea. In 2019, the company became the first Korean IT services company to surpass 10 trillion won in annual sales.
From Wikipedia’s article on Samsung SDS, shared under CC BY-SA 4.0.2
