Busan Hosts Successful 2024 K-ICT WEEK, Showcasing South Korea's ICT Leadership

Busan, South Korea's second-largest city, recently hosted the '2024 K-ICT WEEK in BUSAN,' solidifying its position as a burgeoning technology hub. The three-day event, held from September 10-12 at BEXCO Exhibition Center 2, brought together over 200 companies and global experts to showcase the latest advancements in artificial intelligence, cloud computing, and quantum information technology.

The exhibition, celebrating its 10th anniversary, integrated three major events: 'AI Korea,' 'IT EXPO BUSAN,' and 'CLOUD EXPO KOREA.' This year's edition was particularly significant as it coincided with the 'Korea Safety Expo (K-SAFETY EXPO),' broadening its scope to include ICT-based safety, manufacturing, education, marine, logistics, medical, and security industries.

Notable participants included industry giants such as KT, DOUZONE BIZON, and WINS Co., LTD., alongside emerging players like SLASHBSLASH and SCHAFFENGOTT. The event featured 489 booths, offering a comprehensive view of South Korea's ICT landscape. Beyond product showcases, the week included a Cloud Conference, business consultations with global buyers, corporate investment meetings, and specialized seminars on quantum information technology and AI commercialization.

Embracing the theme of AI integration in daily life, the event provided an innovative 'indoor navigation service' and a virtual exhibition hall using metaverse technology. The Cloud Conference, a highlight of the event, featured a keynote speech by Microsoft Korea and panel discussions with AI experts from Kakao Enterprise and DOUZONE BIZON, focusing on industry trends and future prospects.

Busan Mayor Heong-joon Park emphasized the city's readiness for AI Transformation (AX) across industries, positioning Busan as an emerging global technology hub. The event's success and the city's focus on advanced technologies like quantum information and AI underscore South Korea's commitment to leading in the Fourth Industrial Revolution.

The convergence of K-ICT WEEK with the Korea Safety Expo demonstrates a strategic approach to fostering cross-industry collaboration and innovation. This integration is likely to accelerate the development and adoption of ICT solutions across various sectors, potentially leading to new business opportunities and technological advancements.

As South Korea continues to invest in and promote its ICT sector, events like K-ICT WEEK in Busan play a crucial role in showcasing the country's technological capabilities to a global audience. The success of this event not only reinforces Busan's growing reputation as a tech hub but also highlights South Korea's broader ambitions in the global technology landscape.