NHN Cloud

About NHN Cloud

NHN Cloud Corp. operates as a comprehensive cloud service provider, spun off from the Korean gaming and technology company NHN Corporation on April 1, 2022, and is led by CEO Kim Dong-hoon. The company's journey began with the launch of Korea's first OpenStack-based public cloud service in December 2014, followed by the establishment of its own urban data center in Pangyo in August 2015. A significant milestone was achieved in January 2023 when the company secured a KRW 150 billion (approximately $122 million) investment from IMM Investment, reaching a corporate valuation of over KRW 1 trillion.

The firm offers a full stack of cloud services, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), catering to a diverse client base that spans public and financial sectors, gaming, e-commerce, and general enterprise. Its business model centers on providing these integrated cloud solutions, with revenue generated through a pay-as-you-go pricing model and discounted contract-based plans. NHN Cloud has demonstrated strong performance in the public sector, securing a significant portion of government cloud transition projects. The company is also expanding globally, having acquired North American MSP CLOUDNEXA in 2021 and operating a Managed Service Provider business in Japan since 2016.

The service portfolio is extensive, featuring compute, storage, networking, and robust security solutions. A key area of focus is Artificial Intelligence, with the company operating a national AI data center in Gwangju equipped with a large-scale GPU farm to provide AI-as-a-Service (AIaaS). This allows clients to develop and apply AI technologies like natural language processing and image recognition without deep expertise. Industry-specific platforms are available for finance, public services, games, and commerce. For example, its mobile app protection service, 'NHN AppGuard,' has seen significant revenue growth in the Japanese gaming market by providing security against malicious activities. The company also provides data center and hosting services, supporting clients with infrastructure operation and management.