SAMSUNG SDS
Samsung SDS is a major player in the global IT and solutions arena, headquartered in South Korea but with a worldwide presence. With a workforce of 25,405 dedicated professionals, they provide invaluable assistance to various types of businesses. Their expertise spans a wide spectrum, including crafting innovative solutions, offering expert advice, proficiently managing IT systems, and optimizing supply chain operations. What sets them apart is their adept use of cutting-edge technologies such as AI, IoT, blockchain, and cloud computing to create customized solutions for their clients. They extend their support not only to large corporations but also to government agencies, small businesses, and other valued partners across the globe, showcasing their commitment to advancing technology solutions.
On January 26, Samsung SDS announced its full-year 2022 financial results with the revenue of KRW 17.2347 trillion and the operating profit of KRW 916.1 billion. The company achieved highest annual revenue with 26% yearly growth.
The financial results of the fourth quarter of 2022 recorded KRW 4.25 trillion in revenue and KRW 187.5 billion in operating profit.
The annual revenue of IT Services increased by 5.9% from last year to KRW 5.9682 trillion thanks to cloud business expansion in manufacturing, finance and public sectors and consulting projects on next-generation ERP conversion.