Platio Partners with Workday for AI Transformation in HR and Finance

Platio (367000) has entered into a partnership with Workday to expand the artificial intelligence transformation business in the HR and finance sectors for domestic companies. This collaboration is part of Platio's strategy to enhance its global solution partnerships through its IDT business division. Workday is an enterprise software company that processes HR, payroll, and financial management tasks in the cloud, and there is a growing demand for integrated management of workforce and financial data within companies. Platio has been supplying global collaboration solutions such as Atlassian's Jira and Confluence to domestic companies, and last year, it signed a contract worth 29.4 billion KRW to supply Atlassian solutions to Samsung Electronics in collaboration with Samsung SDS. The focus of this partnership is to transition HR and finance operations to a cloud-based integrated system. Jang Jae-woong, head of Platio's IDT business division, emphasized that the success of AI transformation depends not only on the introduction of solutions but also on the execution capabilities that connect to the actual business structure of the company. Platio recorded an operating profit of 360 million KRW in the second quarter of this year, marking a return to profitability, with AX solution sales increasing by 89.3% compared to the same period last year. However, it has not been disclosed whether this partnership has led to separate revenue figures or new customer contracts.

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