South Korea is one of the most fertile grounds at global scale for developments in digital technologies. Factoring in the country’s advanced ICT infrastructure, pervasive high-speed internet connectivity, and the highest smart device penetration rate in the world (about 98%).In this scenario, a new trend is making its way in South Korea as the direct evolution of immersive technologies applied to a variety of industries: the “metaverse”.
The Covid-19 pandemic has radically changed the landscape of HealthTech on a global scale, enabling an entirely new pace of adoption and implementation of new technologies - as innovations that once took years to be deployed now require a shorter time frame.
South Korea innovation ecosystem now is becoming one of the world’s main innovation clusters, according to the “Tech Scaleup South Korea 2022 Report”, produced by advisory firm Mind the Bridge with the support of Korean National IT Industry Promotion Agency (NIPA).
South Korea’s best innovations in the field of EdTech coming to Seoul Summit organized by Mind the Bridge (September 19-21). South Korea’s high-speed internet, strong technology companies, and reputation for early adoption of technologies – combined with one of the world’s largest proportions of teenagers entering higher education and huge household spending on out-of-school classes – has made it a major testbed for educational technology start-ups wanting a springboard to global markets.
A significant transformation is happening in the way we do things, and the answer is digitalization. Industry 4.0 refers to a new phase in the Industrial Revolution that focuses heavily on interconnectivity, automation, machine learning, and real-time data. Mind the Bridge is hosting Scaleup Summit South Korea (Seoul, September 19-20): 7 startups operating in this field are invited. The event will include curated panels and visits to the local ecosystems, where corporates, investors, and scaleups operating in specific industry verticals can do business and spot technology trends.