Metanet T Platform logo. /Courtesy of Metanet T Platform

Metanet Tplatform announced on the 21st that it recorded 538.8 billion won in revenue and 12.7 billion won in operating profit on a consolidation basis for 2024. Compared to the previous year, revenue increased by 31.4%, while operating profit rose by 400.9%.

Key growth factors for performance include innovations in the revenue structure of the managed service provider (cloud management service) business and the expansion of cloud services. Metanet Tplatform increased its public cloud sector revenue by 28% compared to the previous year based on its multi-hybrid cloud capabilities.

The company has been praised for investing early in strengthening its own technology platform and capabilities, establishing a multi-hybrid cloud solution portfolio integrated with artificial intelligence (AI) to enhance productivity and efficiency while building a solid revenue structure. Metanet Tplatform possesses a value chain organically connected from cloud to data to security to AI, and continues to innovate its revenue structure by expanding the proportion of high-value services.

In the security sector, it provides integrated security services with a 99.99% availability rate and a zero-trust security system through its proprietary Metanet Cloud Security Operations Center (MCSOC), while enhancing its managed service provider capabilities optimized for multi-hybrid environments. Additionally, it has specialized teams in areas such as AI and cloud operations, database optimization, open-source architecture, and security operations, reliably providing one-stop integrated services.

Metanet Tplatform possesses capabilities encompassing all areas from cloud infrastructure to applications, data, and AI through acquisitions of technology companies such as Skelter Labs, a specialist in AI, Bluechip C&S, a specialist in location-based services, and North Star Consulting, a specialist in digital marketing solutions.

Ahn Hyun-deok, CEO of Metanet Tplatform, noted, "The integrated subsidiary portfolio is generating synergies with both revenue and profitability increasing," and said, "As a digital innovation partner, we will set a new standard in the managed service provider market, moving beyond cloud to become a practical AI platform corporation."

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