A view of the Korea Federation of Small and Medium Enterprises building in Yeouido, Seoul./Courtesy of Hong In-seok

The Korea Federation of Small and Medium Enterprises said on the 14th that it has established and begun implementing the "2030 KBIZ digital strategy," which it will push through 2030.

The digital strategy prepared by the federation is a mid- to long-term plan to support the digital transition of cooperatives and small and mid-size businesses in step with President Lee Jae-myung's artificial intelligence (AI) grand transition policy. It reflects a commitment to lead the era of grand transition by using data and AI.

In the short term, the goal is a "knowledge consolidation organization," in the midterm, an "organization where AI becomes a work partner," and in the long term, an "organization at the center of the artificial intelligence transition (AX) ecosystem."

To achieve this, it set six strategies: ▲ AX based on a future-oriented work environment ▲ promotion of digital transition (DX) to secure future competitiveness for small and mid-size businesses and cooperatives ▲ strengthened information protection capabilities to respond to intelligent threats ▲ value creation based on data integration ▲ advancement of future-oriented infrastructure ▲ securing organizational capabilities to lead digital innovation. Under these strategies, it plans to carry out 14 strategic tasks and 33 implementation tasks.

In particular, starting with building a data platform for small and mid-size businesses and microbusiness owners, which is essential for data—the core of AI—it plans to advance all digital areas, including data, infrastructure, and services.

Jung Un-yeol, head of the Digital Innovation Headquarters, said, "We will make sure the digital strategy does not end as a declaration but leads to companywide execution," adding, "the federation will establish itself as the central institution leading the digital transition of small and mid-size businesses."

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