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Samsung SDS's Q4 sales were driven by smart factory solutions and logistics BPO.

Google 우선 소스Published2018.02.05 10:02
We will focus on smart factories, AI analytics, cloud computing, and solutions.

Samsung SDS announced its fourth quarter earnings and preliminary 2017 results, reporting 2017 sales of KRW 9.2992 trillion and operating profit of KRW 731.6 billion. These figures represent a 13.7% increase in sales and a 16.7% increase in operating profit compared to 2016.

The company stated that growth was driven by its solutions/cloud and logistics BPO (Business Process Outsourcing) businesses. In the fourth quarter, sales increased 6.8% compared to the previous quarter (Q3) to KRW 2.4666 trillion, while operating profit increased 7.4% to KRW 206.5 billion.

Sales in the fourth quarter continued to grow compared to the previous quarter (Q3) for both IT services and logistics BPO. IT services saw increased sales due to the expansion of solution businesses such as cloud services and smart factories, while logistics BPO saw increased sales due to increased freight volume during the peak season.

This year, Samsung SDS plans to focus on four strategic businesses in its IT services business: smart factories, AI/Analytics, cloud, and solutions. It also plans to expand into new businesses in its logistics BPO business, including e-commerce, to secure future growth engines.
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