Converge ICT Solutions Inc. said it signed a memorandum of understanding with South Korea’s NAVER Cloud Corp. to explore the booming Philippine cloud market.
The company also plans to promote all-round cooperation for the digital transformation projects in the Philippines by utilizing NAVER Cloud’s innovative technology capabilities related to smart cities and business capabilities such as Large Language Model , Sovereign Cloud, WORKS and Whale . Yuwon Kim, chief executive of NAVER Cloud, said the Philippines is a high potential market for cloud and digital transformation business growth.“With the signing of the MOU, we expect to contribute to the digital transformation of the Philippines,” Kim said.
NAVER Cloud is a part of NAVER’s affiliates, which is the largest Internet company in Korea, one of the world’s top tech companies.