Korea Business Service Co.

Name

Korea Business Service Co.

Website

https://kbscom.co.kr

Company type

Private

Founded year

1973

Headcount range

11–50 employees

Short description

Korea Business Service Co. is a private South Korean IT solutions firm, founded in 1973 and based in Seocho, that provides information, application, and data management services. The company operates with a small team of 11-50 employees serving domestic enterprise and institutional clients.

Ownership category

akta.pro rank

Product category

IT Services

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

ITSM Managed Services (Run/Operate/Optimize) (BPAEAJAN)

Keywords

• IT solutions
• Application management
• Data management services
• Information management
• Managed IT services

Headquarters

HQ city

Seocho

HQ country

South Korea

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations

Core offering

Korea Business Service Co. is an IT solutions company that delivers information, application, and data management services. It provides these managed services to business customers in South Korea, supporting their IT operational and data-handling requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Information Management Services

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Broad incumbents

• Samsung SDS: Major Korean IT services arm of Samsung Group providing consulting, system integration, cloud, and data services globally. Relevant as a dominant incumbent competing for the same application and data management engagements in Korea.
• LG CNS: One of Korea's largest IT services and solutions providers, offering system integration, application services, and managed operations across all major verticals. A broad incumbent that competes for the same enterprise and public-sector IT services wallet as Korea Business Service Co.
• SK C&C: Large Korean IT services company (now part of SK Inc.) delivering enterprise application services, cloud, and digital transformation. A broad incumbent competing for IT solutions mandates comparable to those addressed by Korea Business Service Co.

Direct peers

• Lotte Data Communication: Domestic Korean IT services firm delivering system integration, application maintenance, and data management to enterprise and public-sector clients. Closely comparable in scope of IT solutions delivery and target customer segments.
• Douzone: Korean IT solutions and services company providing packaged software, cloud, and managed services to mid-market and enterprise clients. Directly comparable to Korea Business Service Co. as a domestic full-service IT solutions provider with overlapping information, application, and data management offerings.
• Hyundai Autoever: Korea-based IT services and solutions provider focused on enterprise applications, data platforms, and managed services. Comparable in offering IT solutions spanning information, application, and data layers to large Korean customers.
• Megazone: Korean cloud-native IT services and managed-services firm specializing in AWS-based data and application workloads. Comparable as a Korea-focused IT solutions provider with strong overlap in data and application management services.
• Bespin Global: Korean-born cloud managed services and consulting firm providing multi-cloud and data platform services. Comparable as a domestic IT services competitor addressing application and data management needs of Korean enterprises.

Emerging players

• NHN: Korean technology company providing cloud, IT services, payment, and enterprise application solutions. Comparable in offering application and data services to Korean enterprise and public-sector customers, though with a stronger consumer/payments heritage.
• Hancom: Korean software and IT solutions vendor with products in office productivity, document, and data services. Comparable as a domestic Korean IT solutions player with adjacent information and application management capabilities.

Market position

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Korea Business Service Co.