The battle for information technology (IT) experts is notoriously difficult. Mobile telecommunication companies, which are moving away from telecommunication, are reinforcing new business areas by hiring external experts one after another. It is interpreted to be a blood transfusion when the outflow of talent deepens as digital transformation (DX) accelerates centering on banks and retailers due to COVID-19, and prepares for the future food industry such as artificial intelligence (AI), metaverse, robotics, and contents.
On the 17th, LG Uplus appointed Chief Data Officer Hwang Gyu-byeol, a data expert from AT&T and Warner Media in the United States. This year, together with DX, the data business is nurtured as a new business to be promoted, and talent is recruited to promote the business in earnest.
CDO Hwang is a data business expert who has served as an executive in charge of AT&T content intelligence and big data, as well as an executive in charge of product, data platform, and data monetization at Warner Media, starting with the customer management system (CRM) analysis of Delta Airlines in the United States.
This recruitment of CDO Hwang is in line with LG U+’s direction to provide differentiated values in the fields of AI and big data. In the future, CDO Hwang’s experience and expertise accumulated in major US telecommunication and media companies are expected to be utilized not only in LG U+’s data business, but also in AI, big data, and company-wide DX.
LG U+ is not alone. KT hired UCLA professor Dennis Hong as an advisor in the field of robotics, and SK Telecom also hired Sujeong Ryu, a former university-industry professor at Seoul National University, as an AI accelerator. Recruitment of external talent by such mobile telecommunication companies is in line with the direction of new business to be developed in the future. The three mobile carriers believe that it is difficult to expect further growth in the saturated mobile communication market in Korea. The industry thinks that growth is limited due to the nature of the mobile communication business, which has a business structure limited to the domestic market.
As of July of last year, the number of domestic wireless communication service subscribers stood at 7171,8898, far exceeding the total population of Korea (51.82 million) estimated by the National Statistical Office. In fact, in the case of KT, the non-telecommunications sector’s sales in total sales grew rapidly from 2.2 trillion won (10.8%) in 2010 to 9.4 trillion won (39.2%) in 2020.
Even general companies that have accelerated platform development and DX conversion due to COVID-19 are also jumping into recruiting IT talent, intensifying competition between companies. In 2018, SK Telecom created and recruited an AI research organization, and transferred to Shinsegae Group last year. Group head Jang is currently working as the head of E-Mart Future DF integrated TF, and group head Jin is working as the head of E-Mart’s digital division.
An IT industry official said, “If the battle for recruitment intensifies as the executives who have led the future food business such as AI and content at mobile carriers change positions, they will have no choice but to compete in bloodshed. The shortage of manpower for small and medium-sized IT companies may intensify,” he said.
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Source: 경제 by www.segye.com.
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