Hansung SMB Solution announced on the 11th that it has agreed to a strategic memorandum of understanding (MOU) with Orange Tech, a company specializing in SI.

As the relevant market enters an advanced industrial society ahead of the Fourth Industrial Revolution, the necessity was discussed by working-level staff, and today was made after reaching a consensus on the importance of solutions capable of responding to big data, artificial intelligence (AI), and the Internet of Things (IoT).

This collaboration enables the sharing of each company's sales know-how and networks, allowing for a more in-depth strategic approach to the security sector.

With full-scale operations expected to begin following the business agreement with the distribution of the backup solution brand Novastor, officials from both companies predicted that it would be of great help in strengthening the brand, along with the expectation that it would aid in solidifying Novastor's domestic presence.

"It is an honor to move forward together with Novastore, which is highly regarded in the security field that no company can ever neglect," said Song Hae-wook, Managing Director of Orange Tech. "With the opportunity for a full-scale partnership with Hansung SMB Solutions now established, I hope that both companies can achieve even greater results through cooperation."