What iWORKS does

iWORKS (아이웍스) is a South Korean IT infrastructure specialist founded in April 2010 and headquartered in Changwon, Gyeongsangnam-do. The company sells and integrates enterprise hardware (IBM, Lenovo, Dell servers; NetApp, Lenovo storage; Cisco networking) and software (Commvault backup, VMware, Red Hat OpenShift) alongside proprietary solutions iPICHE (intelligent data center power management) and iCloud Central (cloud unified operations management across VMware, Nutanix AHV, and BCF Controller). Its go-to-market combines enterprise field sales across six regional offices (Changwon, Seoul, Daegu, Busan, Jinju, Ulsan) with a registered presence on government procurement platforms 나라장터 and 디지털서비스몰 for public-sector sales, complemented by 24x365 cloud managed services through its iRoom control center.

Revenue is generated through three streams: hardware resale (approximately 54-61% of revenue, declining slightly from 33.7B KRW in 2023 to 29.7B KRW in 2025), software licensing (rising from 11.0B KRW in 2023 to 14.7B KRW in 2025, ~27% of mix), and technical services including system integration, consulting, and managed services (3.0B → 4.3B KRW). The customer base spans healthcare (university and general hospitals), government and public institutions, regional banks (BNK group subsidiaries, DGB), educational institutions, and large industrial accounts such as Korea Aerospace Industries and Samsung Heavy Industries. The company is privately held, founder/CEO-led under Jeong Min-young (정민영), with no disclosed external funding or parent entity.

Name

iWORKS

Legal name

주식회사 아이웍스

Website

https://iworks.kr

Company type

Private

Founded year

2010

Operating status

Operating

Short description

iWORKS (아이웍스) is a South Korean IT infrastructure reseller and integrator serving healthcare, government, financial, and education customers with multi-vendor hardware, software, and proprietary data center management tools (iPICHE, iCloud Central), distributed via six regional offices and government procurement channels.

Ownership category

akta.pro rank

Product category

IT Infrastructure Solutions

NAICS

Computer Systems Design and Related Services (54151), Computer Facilities Management Services (541513), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Wholesale-Computers & Peripheral Equipment & Software (5045), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Cloud & Infrastructure Support (Servers, Storage, Virtualization) (BPAAACAE)

akta.pro secondary industries

ITSM Managed Services (Run/Operate/Optimize) (BPAEAJAN), IT Asset Lifecycle Services (Procure-to-Retire) (BPAEAOAF)

Keywords

• IT infrastructure systems
• Enterprise hardware distribution
• Systems integration services
• Cloud managed services
• Data center management software

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Hardware Sales (컴퓨터서버 등 H/W): Sale of IT hardware including servers (IBM, Lenovo, Dell), storage systems (NetApp, Lenovo Storage), networking equipment (Cisco), and HCI solutions (Nutanix). Revenue breakdown shows hardware representing approximately 54-61% of total revenue (2023: 33,654백만원, 2024: 30,966백만원, 2025: 29,702백만원).
2. Software Sales (응용프로그램 등 S/W): Sale of software including Commvault backup solutions, VMware virtualization, Red Hat OpenShift, and proprietary solutions (iPICHE, iCloud Central). Revenue from software grew from 10,987백만원 (2023) to 14,677백만원 (2025).
3. System Integration & Technical Services (시스템개발 등 기타 기술용역): System integration, IT consulting, SI implementation, and technical services including cloud consulting, MSP services, and maintenance. Revenue from technical services grew from 3,026백만원 (2023) to 4,329백만원 (2025).
4. Cloud MSP Services (클라우드 MSP): 24x365 cloud managed services including monitoring, operations, optimization, and technical support through the company's integrated control center 'iroom'. Provided as SaaS-based monitoring services with additional differentiated value-added services.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

iWORKS sells and distributes enterprise IT hardware and software and provides system integration, cloud consulting, data-center construction, maintenance, private-cloud implementation, and 24x365 cloud managed services. Its proprietary offerings include the iPICHE intelligent data-center power-management program and iCloud Central, a unified multi-vendor cloud operations platform. Hardware represents approximately 54–61% of revenue, with software and technical services providing additional revenue streams.

Product overview

iWORKS is an IT infrastructure specialist company offering a unified platform of intelligent data center management solutions centered on iPICHE (power management) and iCloud Central (cloud operations management), complemented by specialized modules for healthcare systems, VDI, disaster recovery, private cloud, and cloud MSP services. The company also distributes enterprise hardware and software including Commvault backup, Lenovo storage/servers, NetApp storage, and Cisco San Switches, along with cloud services partnerships with NHN Cloud and KT Cloud.

Differentiator

Problem solved

Functional benefit

Brands

• iPICHE: 지능형 데이터센터 전력관리 프로그램 - Intelligent data center power management program for energy monitoring and optimization
• iCloud Central
• 아이룸 (iroom)
• idcnc

Products and services

• iPICHE (including iPICHE AI) Intelligent data-center power-management program that collects performance and power-use data from x86 servers, visualizes energy consumption, and applies automated time-, day-, and load-based power policies to reduce consumption, cost, and CO2 emissions. iPICHE AI provides the same monitoring and analysis within an AI-identified product line.
• iCloud Central Cloud unified operations-management platform for monitoring and controlling servers, storage, networks, and virtual machines across multi-data-center and heterogeneous infrastructure environments. It provides real-time dashboards, resource and alarm management, automatic physical and logical diagram generation, and integrations including VMware, Nutanix AHV, and BCF Controller.
• IT Consulting Advisory service for organizations planning, evaluating, and implementing enterprise IT infrastructure, cloud, and system-integration projects.
• System Integration End-to-end SI construction service that combines enterprise hardware, software, networks, and cloud components into an organization-specific IT environment.
• Integrated Maintenance Ongoing technical maintenance for integrated IT systems and infrastructure after implementation.
• Cloud Consulting Cloud strategy, migration, and implementation consulting for organizations adopting or transforming public, private, or hybrid cloud infrastructure.
• IT Infrastructure Solutions Design, construction, and implementation of data-center infrastructure using servers, storage, networking equipment, virtualization, and related software for organizational customers.
• Healthcare System Healthcare IT system construction and maintenance covering prescription transmission, electronic medical records, medical image storage and transmission, and 24/7 support for hospitals.
• VDI System Virtual desktop infrastructure system for smart-work environments, remote work, and network separation, using VMware, Hyper-V, and KVM virtualization technologies.
• Disaster Recovery System Disaster-recovery construction and maintenance service using remote IDC infrastructure, protected systems, and failover capabilities to maintain business continuity.
• Private Cloud Private-cloud construction and maintenance service that provides on-premises shared computing resources with IaaS, PaaS, and SaaS configuration capabilities.
• Cloud MSP Cloud managed service providing 24x365 monitoring, operations, optimization, and technical support through the iroom integrated control center and dedicated cloud engineers.
• Commvault Enterprise backup and data-protection software distribution providing backup and restore, archiving, replication, search, and storage-resource management, including through public procurement channels.
• Lenovo Storage Lenovo ThinkSystem DM and DE all-flash and hybrid-flash storage products for cloud, virtualization, and AI workloads, distributed through government and enterprise channels.
• NetApp NetApp enterprise storage distribution providing unified SAN, NAS, and object storage together with data protection, security, governance, and compliance functions.
• Lenovo Server Lenovo ThinkSystem enterprise servers, including the SR650 two-socket server with Intel Xeon processors, NVMe drives, and GPU support for mission-critical workloads.
• Cisco San Switch Cisco Fibre Channel storage-area-network switches supporting 64G speeds, NVMe over Fibre Channel all-flash arrays, and intelligent storage networking.

Named customers18 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature2 records

Partnerships

22 partnerships are on record, tiered major, strategic and core.

• INITECH (이니텍)majorChannel Partner/ Reseller/ Distributor · 7 April 2026Security specialist company; signed government procurement distribution agreement in April 2026. Registered four security solutions on 디지털서비스몰: SafeDB (database encryption), iSafe CrossWeb (web authentication), iSafe Nexess (SSO/access control), iSafe Nexess Net (network DLP).
• Samsung SDSmajorChannel Partner/ Reseller/ Distributor · 10 December 2025Registered as intermediary service for Samsung SDS IaaS on government digital service mall; provides cloud services to public institutions through procurement channels.
• Enphase (엔포스)strategicStrategic or Co-development Partner · 1 January 2025Manufacturing AI and energy management specialist; signed MOU for 'low-carbon manufacturing innovation' and 'industrial AI (AX) transformation'. Provides on-site measurement and FEMS (Factory Energy Management System) solutions.
• ThingsFire (띵스파이어)strategicStrategic or Co-development Partner · 1 January 2025Manufacturing AI specialist; signed MOU alongside Enphase and iWORKS for 'low-carbon manufacturing innovation'. Provides PCF (Product Carbon Footprint) analysis and digital twin integration.
• NHN CloudmajorTechnology or Integration · 1 January 2024Cloud consulting partner for public cloud services; integrated via digital service mall for government customers.
• KT CloudmajorTechnology or Integration · 1 January 2024Cloud consulting partner for KT Cloud services; integrated via digital service mall for government customers.
• OKESTRO (오케스트로)majorTechnology or Integration · 1 January 2024OKESTRO official business partner; provides Private Cloud solutions including OKESTRO CMP, CONTRABASS (IaaS), VIOLA (PaaS), TROMBONE (DevOps) for enterprise cloud infrastructure.
• IBMcoreTechnology or Integration · 1 January 2010IBM certified highest-level partner; holds multiple IBM certifications; has IBM Champion certified architect; 15-year partnership since company founding. Provides Power Systems, storage, and infrastructure solutions. Region's top System x product seller.
• CiscocoreTechnology or Integration · 1 January 2010Cisco certified partner; leads Cisco Data Center solution business nationwide; provides UCS, MDS products through government procurement. Registered on 나라장터 for public sector sales.
• NetAppcoreTechnology or Integration · 1 January 2010NetApp certified distributor; provides FAS (NAS), E (SAN) series products nationwide through government procurement channels. Only domestic partner with FlexPod Specialized certification and simultaneous Cisco-NetApp platform support capability.
• NutanixcoreTechnology or Integration · 1 January 2010Nutanix Champion partner (highest level); selected as 2022 APJ Innovation Partner - sole partner in Asia-Pacific region; provides HCI solutions with highest-level partnership status.
• Red HatcoreTechnology or Integration · 1 January 2010Red Hat Advanced Business Partner (ABP); received Market Maker Award at Red Hat Ecosystem Awards 2025; provides OpenShift, RHEL solutions. Only non-metropolitan area ABP partner in Korea.
• LenovocoreChannel Partner/ Reseller/ Distributor · 1 January 2010Lenovo certified highest-level partner; Lenovo Storage and Server distributor for government procurement; provides ThinkSystem servers and storage solutions.
• Dell EMCmajorTechnology or Integration · 1 January 2010Dell official business partner; provides Dell's various solutions with rich experience and high technical capabilities.
• VMwaremajorTechnology or Integration · 1 January 2010Technology partner providing virtualization solutions for VDI, private cloud, and system integration projects.
• CommvaultcoreChannel Partner/ Reseller/ Distributor · 1 January 2010Commvault backup software government procurement distributor; provides backup and data protection solutions for nationwide public institutions. Three consecutive years selected as Kubernetes data protection leader (as of 2023).
• OraclemajorTechnology or Integration · 1 January 2010Oracle technology partner providing database and infrastructure solutions.
• Hewlett Packard EnterprisemajorTechnology or Integration · 1 January 2010HPE technology partner for enterprise server and storage solutions.
• MicrosoftmajorTechnology or Integration · 1 January 2010Microsoft technology partner providing cloud and software solutions.
• NComputingChannel Partner/ Reseller/ Distributor · 1 January 2010NComputing official distributor; provides VDI solutions for desktop virtualization.
• TmaxSoftmajorTechnology or Integration · 1 January 2010TmaxSoft technology partner for Korean software solutions.
• VeritasmajorTechnology or Integration · 1 January 2010Veritas technology partner for backup and data protection solutions.

Scale indicators4 records

Recent moves12 records

Expansion highlights5 records

Emerging players

• Megazone Cloud: Korea's largest AWS Premier Partner offering cloud migration, MSP, and digital transformation services; competes with iWORKS in cloud MSP and cloud consulting for Korean enterprise customers.
• Bespin Global: Korean-founded cloud managed services provider specializing in multi-cloud operations and AIOps; overlaps with iWORKS' cloud MSP and iCloud Central capabilities but with a pure-play cloud focus.

Broad incumbents

• Samsung SDS: Korea's largest IT services company and a division of Samsung Group, offering cloud, system integration, managed services, and proprietary platforms (Nexplant). Direct functional overlap with iWORKS across cloud MSP, SI, and infrastructure distribution, but at vastly greater scale and broader portfolio.
• LG CNS: LG Group's IT services arm providing consulting, system integration, cloud, ERP, and managed services to Korean enterprises and public sector. Comparable to iWORKS in target verticals (government, finance, manufacturing) and core offerings, with significantly larger scale.
• SK C&C: Major Korean IT services and system integration provider, now part of SK Group, with strong public-sector and enterprise cloud capabilities. Competes with iWORKS in government procurement and enterprise infrastructure modernization.
• Hyundai Autoever: Hyundai Motor Group's IT services subsidiary serving automotive, financial, and public-sector clients with cloud, SI, and managed services. Comparable in system integration and managed services offerings but with very different scale and industry exposure.

Direct peers

• Douzone: Korean mid-market cloud and ERP-focused SI serving SMEs and public institutions; comparable to iWORKS in offering cloud consulting, system integration, and managed services with similar scale and target verticals.
• Lotte Data Communication: Lotte Group's IT services subsidiary providing data center, cloud, SI, and managed services. Closely comparable to iWORKS in business model (infrastructure + cloud + managed services) and Korean enterprise/public-sector customer mix.
• Sysone: Korean IT infrastructure distribution and SI company specializing in storage, server, and network solutions; highly comparable to iWORKS in distribution of enterprise hardware/software (NetApp, IBM, Lenovo-type partners) and system integration focus.
• Intech: Korean IT distribution and services company with strong Cisco and enterprise hardware portfolio; comparable to iWORKS in VAR/distribution of enterprise infrastructure and registered government procurement status.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/iworksstory
• Facebookfacebook.com/iworksstory
• Instagraminstagram.com/iworksstory

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iWORKS