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.
In 1985, Samsung Data Systems was established as a subsidiary of Samsung Group to provide ICT services.
In 1997, Samsung SDS expanded overseas with the establishment of Samsung SDS America.
In 2014, Samsung SDS launched a domestic initial public offering (IPO), which was the 3rd largest ever in South Korea at the time.
In 2016, Samsung SDS launched Nexplant, its AI-based smart factory system that runs on the Brightics big data analytics platform.
In 2017, Samsung SDS launched Nexledger, its proprietary enterprise blockchain platform designed to integrate various blockchain consensus algorithms.
In 2017, Samsung SDS released its enterprise AI software Brity, later renamed Brity RPA, an intelligent business automation tool.
In June 2018, Samsung SDS launched Nexfinance, a blockchain-based finance platform providing services like digital identity, finance concierge, and automatic insurance payment.
In 2018, Samsung SDS announced plans to aggressively target companies outside of the Samsung Group with its cloud services.
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.
In 2019, Samsung SDS became the first Korean IT services company to surpass 10 trillion won in annual sales.
In 2019, Samsung SDS reported a net profit of 750.4 billion won (US$635 million), representing a 17.5% year-on-year increase.
In January 2020, Samsung SDS's brand was estimated to be the 11th most valuable among global IT service companies, with a value of US$3.7 billion.
As of May 2020, Samsung SDS operates 17 data centers around the world to support its cloud services.
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