KT ENS Repositions Itself as a Global Engineering Company
KT ENS Repositions Itself as a Global Engineering Company
  • koreaittimes
  • 승인 2013.11.05 00:27
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SEOUL, KOREA- On August 26, KT Networks, an affiliate of the KT Group, changed its company name to KT ENS, while also declaring a new business vision of becoming an “Engineering Driven Company.”

Such a drastic move came as KT Networks, emboldened by its recent growth rates of 20~30%, had sought to transition from a simple builder of communications networks to a “global engineering company” that offers a wide range of services, from Network Engineering, and Software & Solution to green IT.

“Given that the domestic network market had already been carved up among the nation’s three major communications operators and that KT Networks’ businesses overlapped with its affiliates and partners to a great degree, we badly felt the need for switching to a new business model that promises higher levels of value-addedness. However, since the foundation of KT ENS still lies with networks, namely ICT, KT ENS will create a new business model that capitalizes on cutting-edge software technology,” said Kim Sung-man, CEO of KT ENS.

 

Kim Sung-man, the CEO of KT ENS

 

 

Energy-focused KT ENS puts forward “next-generation energy solutions.”

In an effort to address contemporary challenges like the depletion of fossil fuel and environmental pollution, KT ENS has been deeply engaged in green energy engineering, including solar power projects, since 2009.

Leveraging accumulations of technologies and expertise, such as speedy maintenance and repair services through integrated monitoring systems, geographically optimized power plant designs and transmission systems guaranteeing minimized power losses, KT ENS has thus far built 28 solar power plants in South Korea and plans to put up photovoltaic power stations with a capacity of over 10MW within this year.

Reffering to the South Korean government’s recent policy that requires an increase in solar power’s share of the total power production, CEO Kim underscored the importance of renewable energy development. CEO Kim predicted that though over 50% of the nation’s power production would come from burning fossil fuel like oil and gas until 2050, only “sustainable energy sources,” like solar power and wind power, will remain competitive in the long term.

“Though the efficiency of solar modules¹, the key to solar power technology, hold at a mere 13-15% at the moment, solar power production will play a big role as an alternative energy source once technological advances take the efficiency rates up to over 30%,” CEO Kim said.

 

The Steam Supply Facility of

CEO Kim named solar power and energy recycling as KT ENS’s mainstay energy businesses.

KT ENS has recently made a breakthrough in the waste-to-energy business by building a steam supply facility that converts solid waste into RDF (Refuse Derived Fuel). The RDF² is then put in combustion furnaces to generate RDF steam.

KT ENS is also set to offer a new solution to environmental problems by introducing Europe’s water-cooling fire grates to the domestic market, which are capable of preventing excessive gas emissions and breaking down hazardous substances like dioxin at high temperatures. Europe’s water-cooling fire grates also come with greater economic benefits. They feature longer life expectancies, more than five times those of the preexisting air-cooling fire grates and approximately a 20% reduction in production costs compared with fossil fuel.

 

CEO Kim said KT ENS will continue to invest in the waste-to-energy business in order to soup up the nation’s green growth and energy recycling.

 

 

KT ENS stays competitive by pursuing “ICT-based creative business models”

Meanwhile, KT ENS, poised to achieve growth, both quantitative and qualitative, in engineering, has obtained independent engineering infrastructures by grafting software onto its green energy and ICT Smart-Building businesses. In this regard, CEO Kim first broached the issue of solar power maintenance and repairs.

As of now, solar power plants are being run under somewhat inefficient operation systems, whereby the volume of generated solar power is monitored by manpower in real time, so when a solar panel’s power generation decreases, the solar panel is disassembled for solar module inspections and repairs and then the modules are put back together again.

CEO Kim said, “Though KT ENS used to concentrate simply on designing and constructing solar power plants, it is now mulling over developing solutions that graft ICT onto solar power generation for the sake of efficient system management and revenue growth.”

In other words, KT ENS is envisioning a new business model, which delivers speedy repairs, minimized downtime, and scaled-up economic efficiency by enabling remote monitoring of any glitches in various devices (e.g. solar modules and inverters).

“Since solar power generation is still in the early stages and has yet to fully blossom around the world, issues related to facility maintenance and repairs have yet to come to the fore. However, once solar power facilities begin to age, a chain of problems will certainly occur. That’s why we now need to improve our technologies by embracing ICT,” CEO Kim stressed.

What’s more, KT ENS has taken the lead in equipping buildings with advanced ICT, blending ICT with its flagship construction business. Cases in point are KT Data Centers and logistics centers boasting automated processing and management.

“Building on solid ICT capabilities, KT ENS will continue to diversity its businesses by following through with drastic convergences with other industries.” CEO Kim mentioned.

 

KT ENS is scheduled to complete the construction of solar power plants in six regions of Romania

 

 

KT ENS goes global, continually making inroads into new markets.

Since 2000, outward-looking KT ENS has strenuously made forays into overseas communications and engineering markets.

KT ENS’s successful completion of a project to modernize Mongolia’s information communications networks back in 2003 was chosen as the best loan business model by Korea Eximbank (or The Export-Import Bank of Korea). Sustaining the momentum gained from the project, KT ENS is currently taking charge in building the first and second projects of Gabon’s RAG (a project to build e-government administrative networks).

In July of this year, a Gabonese delegation, including the head of ANINF (Agence Nationale des Infrastructures Numeriques et des Frequences: an agency managing digital infrastructure and frequencies) paid a visit to KT’s state-of-the-art IT facilities, including the CCTV Center in Gangnam, the CDC (cloud data center) in Mok-dong, Dongtan U-city, KT Innovation Center, and others. The delegation was said to be impressed by advanced technologies developed by KT and KT ENS.

Also, KT ENS’s independent green energy engineering technologies resulted in this global engineering company’s successful, hard-won entry into the European market. KT ENS is scheduled to complete the construction of power plants with a capacity of 38.73MW (the equitant of power supplies to 230,000 four-member households) in six regions within Romania by the end of this year.

As for KT ENS’s success in setting up a beachhead to the European market in Romania, CEO Kim mentioned, “Above all, Romania simply had favorable conditions for the construction of solar power plants, such as vast areas with optimal soil conditions and ample sunshine. Although, it is true that beating out formidable foreign rivals in overseas markets is much more difficult than competing against rivals in the domestic market. Clinching such a landmark overseas deal is attributable to KT ENS employees’ passion and painstaking work in the field.”

CEO Kim mentioned Latin America and Southeast Asia as KT ENS’s new strategic targets. In fact, KT ENS, armed with the experience of building the No. 1-4 rooftop photovoltaic power stations in Incheon Port³, is to lay solar panels on the rooftops of universities in Thailand

KT ENS will install not only rooftop solar panels but also high-speed Internet and wireless Wi-Fi networks within the campus buildings in order to promote KT ENS’s innovative technologies from multiple angles through the maximum utilization of ICT.

Underlining the fact that the domestic ICT market has already reached its saturation point, CEO Kim stressed the need for S. Korean IT companies to turn their eyes to overseas markets. He was confident that KT ENS’s endeavors for overseas market entry, with a focus on both ICT networks and energy, will catapult KT ENS into the ranks of the world’s top engineering companies.

 

In July of this year, a Gabonese delegation, including the Head of ANINF visited to KT ENS

 

 

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-A photovoltaic module¹ - i.e. a packaged, connected assembly of solar cells - is where solar power is collected.

-Refuse-derived fuel (RDF)²-  a fuel produced by shredding and dehydrating solid waste with a waste converter technology, consists largely of combustible components of municipal waste.

-The No.1-4 rooftop photovoltaic power stations in Incheon Port³ -  KT ENS installed photovoltaic power stations on the rooftops of warehouses in Incheon Port, thereby making the area partially energy self-sufficient. Since September of this year, the rooftop photovoltaic power stations have begun to generate about 31MW solar power, the equivalent of power supplies to nearly 1,300 households.

 


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