Korea Electric Power Corp. (KEPCO), led by CEO Kim Jong-gap, said on March 11 that it has been selected as the company that won the 33rd CIO 100 Awards organized by IDG (International Data Group), a global IT media and research organization.
The CIO 100 Awards, which started in 1987, evaluates major companies, institutions and organizations around the world once a year to select 100 companies that created high business value through IT technology as winners.
The CIO judges evaluate how innovative the company or institution under review is in each industry group and how the innovation has brought about the organization's impact and business performance.
KEPCO received the award for providing social welfare solutions using big data and opening of power big data convergence centers, a KEPCO spokesman said.
In the energy paradigm of 'digital transformation', KEPCO is the first energy company to combine power big data and private big data to develop and provide various social welfare solutions.
Currently, KEPCO's social welfare solutions include 'Check of safety for vulnerable households', 'Analysis of vulnerable urban areas to prevent crime' and 'Quality management service of customer's special high-pressure electric facility'.
The social welfare solution developed by KEPCO is significant in that it leverages power big data to present a new business model, the spokesman said.