Samsung SDS' IoT business unit

Samsung SDS' IoT business unit, based in South Korea, focuses on delivering innovative IoT solutions that enhance operational efficiency and streamline processes for enterprises globally. Samsung SDS specializes in digital transformation services, providing IoT solutions to enhance operational capabilities. The company was acquired by ZIGBANG in January 2022 for KRW 130 billion, enabling ZIGBANG to enter the global smart home market. The headquarters is located in Seoul, South Korea.

Samsung SDS provides a suite of enterprise IT solutions aimed at improving operational efficiency. Key offerings include Brity Automation with GenAI for task automation, Zero Touch Mobility for mobile device management, and Caidentia for optimizing the design-to-pay process. These solutions serve various industries like logistics and healthcare, targeting large enterprises in North America, Europe, and Asia. In 2024, Samsung SDS reported a revenue of KRW 10,145,464,030.

4 and an EBITDA of KRW 1,113,765,522. The company generates revenue through B2B relationships with large enterprises, offering subscription-based pricing for its cloud and managed mobility services, alongside tailored digital transformation solutions. Samsung SDS is focused on expanding its product offerings, particularly with the development of new IoT solutions aimed at enhancing smart home technologies. The acquisition by ZIGBANG will leverage this growth by facilitating entry into global smart home markets.

The KRW 130 billion raised in the latest funding round will support these initiatives, aiming for significant market expansion in the coming years.