NAVER CLOUD and Converge Sign MOU to Advance Smart City and Cloud Technology in the Philippines
NAVER CLOUD and Converge Sign MOU to Advance Smart City and Cloud Technology in the Philippines
NAVER CLOUD and Converge Sign MOU to Advance Smart City and Cloud Technology in the Philippines
- NAVER CLOUD and Converge signed an MOU to drive digital innovation in the Philippines with cloud, AI, and smart city technologies
- They aim to collaborate in the Philippine market by leveraging NAVER CLOUD's sovereign strategy, which includes customized sovereign cloud and AI solutions for the Philippines
May 10, 2024
NAVER CLOUD (CEO Kim Yu-won) has entered into a memorandum of understanding (MOU) with Converge ICT Solutions Inc. (Converge), an Internet service provider in the Philippines. This partnership aims to expand cloud services in the Philippine market and foster digital transformation using NAVER’s artificial intelligence (AI), cloud, and smart city technologies.
The signing ceremony was held at Converge’s office, attended by key executives from both companies, including Converge CEO and cofounder Dennis Anthony H. Uy, Converge cofounder and president Maria Grace Uy, NAVER CLOUD CEO Kim Yu-won, and NAVER CLOUD CTO Kwak Yong-jae.
According to the agreement, Converge will act as the primary local managed service provider (MSP) partner for NAVER CLOUD in the Philippines. They plan to utilize NAVER CLOUD’s Singapore region to expand cloud and digital transformation (DX) services for Philippine customers.
The two companies intend to leverage NAVER’s diverse technological capabilities to advance digital innovation in the Philippines. NAVER CLOUD employs a sovereign strategy to protect data autonomy by securely storing customer data in its own cloud, offering HyperCLOVA X–based AI systems cloud solutions tailored to the local political and cultural context. The partners are exploring various AI-related ventures in the Philippines using a sovereign cloud and HyperCLOVA X.
They also plan to work together comprehensively to ensure successful digital innovation in the Philippines. This collaboration will leverage NAVER’s expertise in smart city technology, which has been acknowledged through digital twin projects in Saudi Arabia, and NAVER’s business tools, such as NAVER WORKS and the NAVER Whale web browser.
Kim Yu-won, CEO of NAVER CLOUD said, “The Philippines presents substantial growth potential for cloud and digital transformation and we expect NAVER CLOUD to play a vital role in the country’s digital advancement. Recognized globally for our smart city technologies and our expertise in developing tailored sovereign AI and sovereign cloud solutions to ensure data sovereignty, we are commited to deliveraing tangible results.”
Dennis Anthony H. Uy, CEO and cofounder of Converge added, “With the acceleration of digital transformation, there is an increasing demand for high-quality solutions that support technology-based lifestyles. We will strive to promote cloud adoption in the Philippines and contribute to the nation’s digital transformation in collaboration with NAVER CLOUD.”
