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Ways AI and Big Data can Change the Beauty Industry – LAKELAB
The global beauty industry is a $530 billion industry and growing fast. It is estimated that it will reach over $800 billion by 2023. The growth is due to the rise in online sales, traditional retailers launching their own brands, and the consumer’s willingness to search and try new brands. Thanks…
The Korean Education System Needs to Focus on Entrepreneurship
South Korea is famous for educating its youth. However, this fame is not always positive. The Korean Education system is focused a lot on exam results and getting into the best universities in Seoul. This was the history in Korea where the only way to improve your life was through passing exams.…
How Korean Startups Can Keep Their Talent – Best Tips
The talent shortage is a very real problem. In today's “gig” market, “quitters are winning”. (David Harrison, Eric Morath. July 4, 2018) The Wall Street Journal noted that employees who voluntarily leave their job with the confidence and the right skills can potentially be rewarded with a 30…
Korean Edtech Startups that Teach Coding in the Most Simple Way
The 21st century will be technology-driven and filled with web applications. COVID-19 has proved the need for Edtech companies that teach students how to code. There are some innovative Korean Edtech startups that teach coding, AI, app development, and even automation. It is estimated that coding…
KSGC – K-Startup Grand Challenge 2023 Review
The K-Startup Grand Challenge (KSGC) 2023 was a huge success! It marked another chapter in its journey of fostering global innovation. Founded in 2016 by the Ministry of SMEs and Startups of the Republic of Korea, this groundbreaking program has become a beacon for startups worldwide seeking to…
The Most Innovative Image Recognition Startups in Korea
Most of the innovations when it comes to image recognition use AI technology and machine learning. Image recognition startups in Korea are looking for ways machine learning can take in data to not only make predictions but interprets the data, especially when it comes to texts, images, and videos.…
