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EXEM

Inverstor Relations

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EXEM Leads Korea SW Market Changes and Innovation with Master Mindset in the 'New Normal Era'
2020-06-12
Securing 450 customers from 29 countries based on 20 years of research and development and maintaining the leadership in Korea’s DB and IT performance management Benefits expected due to end-to-end big data business capabilities based on 'Korean New Deal' policy Cloud environment, AI-based enterprise IT operation productivity and stability support solution in the 'New Normal Era'

The recent changes including untact trends and remote work style brought by Covid-19 pandemic are triggering to accelerate the digital transformation for most companies, which want to maintain the business continuity and productivity in the post-corona era. In addition, the Korean government has strongly driven the implementation of the 'Korean New Deal' policy, which recently emphasized 'Digital New Deal', and it contains strong willingness to build a digital infrastructure using cloud, artificial intelligence, and big data technologies.

For these reasons, EXEM (CEO Jongarm Cho, [KOSDAQ:205100], www.ex-em.com/en/) is attracting the attention of stakeholders, not only by the existing IT performance management technology, but also the portfolio of new business such as AI, big data and cloud. In addition, EXEM recorded the highest performance in the first quarter of 2020, despite the temporary downturn due to the Covid-19 crisis and the traditional off-season of Korea IT market. EXEM was founded in 2001 and has been leading the Korea enterprise package software market over 20 years based on continuous technology research and development. Jongarm Cho, CEO of EXEM, highlights that the DNA of EXEM is the professional expertise and because of them we have strong organizational competitiveness and successfully commercialized our powerful thinking and technologies.

Since the first development of the database performance management (DBPM) solution 'MaxGauge' in Korea, EXEM has been maintaining the No. 1 market share from 2006 to the present. The application management (APM) solution 'InterMax' was soon developed to provide integrated performance management of enterprise information systems by implementing powerful web-application-server (WAS) monitoring and end-to-end transaction tracing, while most competitive solutions were only designed for one-point monitoring at that time. In 2015, EXEM was listed in Korea exchange market KOSDAQ for the first time in the industry. After achieving annual sales of KRW 20.6 billion in 2015, EXEM has been growing solidly, reaching an average of 13.6% over the past five years, and the annual sales of 2019 hit KRW 34.5 billion. Despite the characteristics of the Korea enterprise software market, which is predominantly dominated by global vendors, ‘MaxGauge’, in the financial sector, secures more than 87% of DBPM market. EXEM has been continuously delivering DBPM and APM solutions to more than 450 customers, leading the IT performance management monitoring industry.

Based on the capabilities of enterprise system data processing, EXEM launched the integrated big data management solution 'Flamingo' in 2016 and expanded its business. Since then, EXEM started to carry out diverse related projects including KEPCO's (Korea Electric Power Corporation) big data platform construction project which was the largest in Korea at that time, project of Korea Post's headquarters with a huge capacity of data more than 130 years of history, and the Gyeonggi-do regional economy big data platform project in which 50 billion data distribution systems were built.

Great experience was gained through all aspects of big data lifecycle, from data quality diagnosis, governance, collection, analysis, and value creation. More results are then expected due to the demand for various business because of the 'Korean New Deal' policy, including the energy big data business of this year. Moreover, the partner contract with global leading AutoML solution 'DataRobot' and the workflow-based data analysis solution 'KNIME' is considered to utilize EXEM’s business experience as well.

EXEM never stops learning and innovating to enhance its business competitiveness by acquiring key technologies like cloud and AI. As a result, EXEM launched two products named 'CloudMOA' and 'XAIOps'. 'CloudMOA' is an all-in-one integrated management solution developed for companies that transform their IT environment into hybrid cloud or multi-cloud. It helps customers to maximize the efficiency of IT operations by powerful anomaly detection and multidimensional level service monitoring using AI. Moreover, EXEM is collaborating with several companies to strengthen its cloud-native business and provide packaged service to our customers, including 'INSLab' (Kubernetes-based managed container service), 'insignary' (fingerprint-based compliance security) and 'SINSIWAY' (approach control). EXEM also plans to reinforce the cooperation with global leading management service provider (MSP), cloud service provider (CSP) and PaaS platform companies to deliver better services. The free trial opportunity through 'CloudMOA' promotion in progress continues to show the green light for EXEM's cloud native business.

Another self-developed intelligent AI-based IT operation solution 'XAIOps' combines AI with accumulated technology and know-how of 'MaxGauge' and 'InterMax', showing AIOPs technology maturity comparable to global leading solutions. A number of PoC has been run by many companies including the first financial sector and large retailers, with successful implementation and visible results ahead.

EXEM started its overseas' business in China and Japan from 2008, setting up corporation in both regions, and after thorough preparation, the US corporation was established in the year of 2014. Through cooperation with major overseas subsidiaries, EXEM has acquired more than 100 global customers in 29 countries including AT&T, the largest mobile telecommunications company in the US, the state of Los Angeles, OKI, China Unicom, and Everbright Securities, one of the 10 major securities companies in China. In recent years, EXEM expands its global reference by supplying MaxGauge cloud-oriented products to Takagi in Japan, as a preparation for the cloud paradigm.

"Our products and services are constantly evolving based on the 'SW Technology Master Mindset' which combines with philosophical and innovative foundation, and we've already had the leading technology to thoroughly prepare for market changes in the post-corona era," said by Jongarm Cho, CEO of EXEM. "Our goal is to not only maintain the leading role in the Korea IT performance monitoring market, but also to dominate the new market in the 'New Normal' era with more competitive line-ups in big data, AI and cloud fields."

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