Market Impact Analysis Service Based on Big Data in Gyeonggi-Do

Abstract

The Fourth Industrial Revolution is the driving force of change as the fundamental structure of the industry changes. Gyeonggi-do provides big data analysis services to improve citizens’ quality of life by providing various big data services. Local governments in Korea provide various services for citizens and small business owners. This paper discusses Gyeonggi-do’s ‘Market Impact Analysis Service,’ an information analysis infrastructure. This service helps start-ups, small business owners, and self-employed people who need help starting a business and management due to more information to make big data-based decisions. In this paper, we discuss the efforts of Gyeonggi-Do to provide information service based on big data analysis for local businesses using a Big data platform.