Data Tech company Big Value (Co-CEOs Gureum and Lee Byeong-wook) received the Minister of SMEs and Startups Award in the venture revitalization category at the 2025 Venture Startup Promotion Awards Ceremony held at the LW Convention in Jung-gu, Seoul on the 17th.
The Venture and Startup Promotion Merit Award is a government program that recognizes and rewards venture entrepreneurs who excel in technological and management innovation, external competitiveness, corporate ethics, and social contribution. CEO Koo was recognized for his contributions to solving various business problems and revitalizing the venture ecosystem and advancing the data industry through business development based on spatial data and artificial intelligence (AI).
BigValue achieved a growth rate of approximately 840% over the four years under review, with sales increasing from KRW 500 million in 2020 to KRW 4.7 billion in the first half of 2024. This growth also contributed to employment growth, with a roughly 380% increase in employee headcount. Young data experts accounted for over 70% of new hires, creating quality jobs.
The company has also proven its data competitiveness in the financial sector. Selected as the first innovative financial service by the Financial Services Commission, the AI-powered market price service has been adopted into the internal regulations of commercial banks, and the Financial Data Exchange ranks first in cumulative views of registered data. This achievement is attributed to AI-powered analysis of data from 39 million parcels of land and 24 million households nationwide, providing precise and reliable information.
In the public sector, we collaborated with the Animal and Plant Quarantine Agency to develop a risk prediction system for avian influenza (HPAI). By analyzing diverse big data, including vehicle movements and migratory bird arrival sites, we developed an AI model to identify high-risk areas and farms, supporting efficient management of quarantine targets.
Big Value holds numerous patents, including an AI-based franchise consulting system, a big data-based real estate price estimation system, and a location-based big data system. These technological assets are what enable Big Value to maintain its competitive edge in the market.
Meanwhile, Big Value was selected for the 2024 Ministry of SMEs and Startups' Scale-up Tips and is currently conducting research to enhance its AI agent-based real estate consulting system. Furthermore, CEO Gureum has been appointed as an advisory member of the National Artificial Intelligence Strategy Committee and is participating in the development of the national AI strategy.
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