History of Samsung SDS in Timeline

Samsung SDS, founded in 1985 as a Samsung Group subsidiary, provides IT services like consulting, technical support, and outsourcing. The company actively researches and develops emerging technologies including AI, Blockchain, and IoT, with engineering outsourcing. In 2019, Samsung SDS reported a net profit of 750.4 billion won, a 17.5% increase year-on-year. Estimated to be the 11th most valuable IT service brand globally at US$3.7 billion (January 2020), Samsung SDS is headquartered in South Korea and operates eight overseas subsidiaries across America, Asia-Pacific, China, Europe, Latin America, Middle East, India, and Vietnam.

1985: Establishment as Samsung Data Systems

In 1985, Samsung Data Systems was established as a subsidiary of Samsung Group to provide ICT services.

1997: Renamed to Samsung SDS

In 1997, Samsung Data Systems was renamed to Samsung SDS.

1997: Establishment of Samsung SDS America

In 1997, Samsung SDS expanded overseas with the establishment of Samsung SDS America.

1999: Establishment of Samsung SDS China

In 1999, Samsung SDS established Samsung SDS China as part of its overseas expansion.

2014: Domestic IPO Launch

In 2014, Samsung SDS launched a domestic initial public offering (IPO), which was the 3rd largest ever in South Korea at the time.

2016: Launch of Nexplant Smart Factory System

In 2016, Samsung SDS launched Nexplant, its AI-based smart factory system that runs on the Brightics big data analytics platform.

2017: Launch of Nexledger

In 2017, Samsung SDS launched Nexledger, its proprietary enterprise blockchain platform designed to integrate various blockchain consensus algorithms.

2017: Release of Brity AI Software

In 2017, Samsung SDS released its enterprise AI software Brity, later renamed Brity RPA, an intelligent business automation tool.

June 2018: Launch of Nexfinance Platform

In June 2018, Samsung SDS launched Nexfinance, a blockchain-based finance platform providing services like digital identity, finance concierge, and automatic insurance payment.

2018: Targeting Companies Outside Samsung Group

In 2018, Samsung SDS announced plans to aggressively target companies outside of the Samsung Group with its cloud services.

May 2019: Opened In-House Business Automation Portal

In May 2019, Samsung SDS opened an in-house business automation portal to train employees to use Brity RPA, saving 550,000 hours in nine months.

November 2019: Partnership with Fiera Milano

In November 2019, Samsung SDS announced a strategic partnership with exhibition organizer Fiera Milano to use Samsung SDS digital technology in trade fairs and exhibitions in Europe.