"The Information Minister outlines his plan to sustain the country�s tech lead -- As its domestic IT markets grow increasingly saturated, and competition from neighboring countries stiffens, South Korea stands at a dangerous juncture: find a way to sustain its lead, or watch the work of two decades fall by the wayside. That�s why Daeje Chin, the South Korean Minister of Information and Communication, spent the week schlepping around the San Francisco Bay Area. He touted South Korea�s �ubiquitous information society� and met with Silicon Valley companies. More than anything, he looked for foreign capital that could jump-start his country�s flat-lining industries. South Korea has one of the most advanced IT industries in the world, boasts top cell phone adoption rates, and leads the globe with 75 percent broadband penetration."
As more organizations adapt to a hybrid working model for their distributed workforce, enterprise CIOs and CTOs are tasked with delivering new productivity-enabling applications, while also seeking ways to effectively reduce IT cost, complexity, and risk. Traditional IT hardware infrastructure is evolving to more software-based solutions. The worldwide software-defined infrastructure (SDI) combined software market reached $12.17 billion during 2020 -- that's an increase of 5 percent over 2019, according to the latest market study by International Data Corporation (IDC). The market grew faster than other core IT technologies. The three technology pillars within the SDI market are: software-defined compute (53 percent of market value), software-defined storage controller (36 percent), and software-defined networking (11 percent). "Software-defined infrastructure solutions have long been popular for companies looking to eliminate cost, complexity, and risk within their data cente