ICT specialist company CUBE (CEO Kim Jeong-beom) announced on the 26th that it had won a project to supply its ERP solution 'CUBE i ERP' to Adama University of Science and Technology in Ethiopia.
This project is one of the core tasks of the 'Ethiopia Adama University of Science and Technology Research Center Construction Project' promoted by the Economic Development Cooperation Fund (EDCF). This project, which has been promoted since 2019 to establish five research centers in Adama University of Science and Technology, has a total project cost of approximately USD 108,192,000 (KRW 148.1 billion).
U-Cube will conduct business jointly with DBIENC and will integrate and build core ERP systems including human resource management, procurement and asset management, document and business process management, research and project management, financial accounting, academic journal operation, and performance reporting. After the system is built, universities are expected to be able to strengthen their education and research capabilities through increased research efficiency and administrative automation.
Founded in 2020, Ucube is rapidly growing in the public sector digital transformation (DX) sector. Last year, it recorded sales of 37.4 billion won and aims to exceed 100 billion won in sales this year. In addition, it was selected for the '2025 Global SaaS Marketplace Support Project' hosted by the Ministry of Science and ICT and the National IT Industry Promotion Agency, and is expanding its business area by converting the medical tourism platform 'Ucube Medi' into SaaS.
Kim Jung-beom, CEO of Ucube, said, “This project is very meaningful in that it is Ucube’s first overseas expansion case and the starting point for expanding into the global market,” and added, “We plan to expand our overseas business to various industries, including education, in the future.”
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