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Over 100% annual growth, fostering 10,000 AI and data talents over 3 years
As companies begin to fully adopt artificial intelligence (AI), Databricks, a data and AI platform company, is continuing its rapid growth in the Korean market.
Databricks held an offline event, 'AI Days Seoul,' in Seoul on the 1st and announced that its domestic business grew more than twofold compared to the previous year based on the last fiscal year.
This achievement is due to the surge in demand for AI-based data utilization across various industries, including finance, telecommunications, manufacturing, and platforms.
Databricks is currently expanding its market reach by securing major domestic companies as clients, including Samsung Life Insurance, LG Uplus, NH Investment & Securities, LG Innotek, KakaoPay Securities, and Kakao Style.
Databricks also unveiled long-term investment plans for the Korean market.
As the government promotes the strengthening of national AI competitiveness centered on the digital strategy and the AI Framework Act, Databricks has set a goal to train 10,000 data and AI professionals over the next three years through education programs and industry partnerships.
Global performance is also continuing its growth trend.
Databricks surpassed $5.4 billion in annualized revenue as of the fourth quarter of the most recent fiscal year and recorded a growth rate of over 60% globally.
domestic companiesOn the surface, they are showcasing the latest technologies, such as 'Lakebase,' a serverless database that supports AI agent environments, and 'Genie,' an AI agent capable of natural language-based data querying.
"As Korean companies rapidly move into the stage of large-scale AI adoption, the demand for data integration and AI utilization is exploding," said Kang Hyung-jun, General Manager of Databricks Korea. "The fact that more than 2,000 people attended 'AI Days Seoul' clearly demonstrates this trend."
He went on to emphasize, “We will continue to foster talent and provide technical support so that Korea can secure competitiveness in the global enterprise AI market.”
Domestic companies driving AI-based innovation, including LG Uplus, LG Electronics, TMAP Mobility, Kol Universe, Kakao Style, Krafton, and Musinsa, participated in this event to share actual application cases and achievements.
Databricks plans to use this event as an opportunity to further accelerate cooperation and technology diffusion throughout the domestic AI ecosystem.
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