HandySoft to Change Name to "PolarisAIHandy" and Accelerate Transition to AI Work Platform Company

HandySoft, a major player in Korea's public groupware market, is accelerating its transition into an AI-based work platform company by changing its name to "PolarisAIHandy." The company aims to create synergy with Polaris Group, centered on Polaris Office, and to take the lead in the next-generation AI collaboration platform market across both public and private sectors.

On June 5, HandySoft announced that its board of directors has resolved to propose a name change to "PolarisAIHandy" at an extraordinary general meeting of shareholders scheduled for July 15. At the same time, the company plans to add new business objectives related to future growth areas such as AI software, physical AI, and intelligent collaboration platforms, thereby strengthening its foundation for executing an AI convergence strategy.

The company explained that this name change is more than a simple rebranding; it is a strategic decision reflecting the expansion of its AI business, which has accelerated since its incorporation into Polaris Group. HandySoft has made clear its intention to move beyond its image as a groupware specialist and expand its business scope to become an AI-based work platform company.

Founded in 1991, HandySoft has established itself as a groupware specialist with competitiveness in the public sector and large enterprise markets. However, since joining the group, the continued use of its original name was seen as limiting the visibility of the group's AI strategy and brand synergy effects. The new name, "PolarisAIHandy," brings the group's core brand "Polaris" and the future growth keyword "AI" to the forefront, clarifying the company's direction.

The company plans to upgrade groupware from a simple work support system to an AI-based intelligent work platform. Since groupware is a system that integrates core organizational work processes such as approvals, documents, email, scheduling, collaboration, and audits, the company explained that combining it with AI technologies will enable workflow automation and data-driven decision-making. Furthermore, with the addition of physical AI, the platform can be expanded to a next-generation system that connects physical data from industrial sites and office environments.

Going forward, PolarisAIHandy aims to maintain its competitiveness in the existing groupware business while integrating Polaris Group's capabilities in AI office, document AI, data analytics, collaboration, SaaS, and physical AI to lead the AI groupware market. In particular, the company is working to create an intelligent work environment across both public and private sectors by combining the document AI technologies of Polaris Office with HandySoft's groupware infrastructure.

The company will also strengthen its links with PolarisAI's ongoing physical AI, vision AI, and edge AI businesses. HandySoft plans to evolve its groupware into an AI work platform connected to robots, sensors, field data, and security infrastructure, and to expand its business into various industrial sectors such as public institutions, manufacturing, logistics, healthcare, and smart offices.

There are already tangible results. Recently, the company won a contract for the "AI-Based Next-Generation Groupware System Construction" project from the Korea Veterans Welfare and Healthcare Corporation and signed a formal agreement. HandySoft is implementing its intelligent collaboration platform, "Handy Intelligence (HIE)," and proprietary AI engine to build a private AI work environment and AI-based electronic audit system optimized for the security environment of public institutions.

The company is also pursuing a strategy to expand in the business-to-business (B2B) market. In March, HandySoft acquired the business collaboration platform "WantedSpace," strengthening its SaaS lineup. Through this, the company plans to expand its reach beyond its traditional customer base of public institutions and large enterprises, targeting the growing demand for cloud-based work environments among small and medium-sized companies.

In the future, the company intends to further strengthen technological and business collaboration with Polaris Group affiliates. By combining Polaris Office's AI document technologies, PolarisAI's physical AI and vision AI technologies, and the group's security, cloud, and collaboration infrastructure, the company aims to develop its groupware into a core AI work platform for enterprises and institutions.

Based on these initiatives, Polaris Group aims to build an AI work ecosystem integrating documents, collaboration, groupware, cloud, security, and physical AI, leading the digital and AI transformation across both public and private sectors.

A company representative stated, "Groupware is a core platform where an organization's work data and processes are concentrated," adding, "When combined with AI, it offers the highest potential for expansion." The representative continued, "This name change and expansion of our business objectives mark the starting point for connecting Polaris Group's AI technologies with HandySoft's 35 years of experience in work platforms. Going forward, we will provide AI work environments across both public and private sectors and evolve into an extensible work platform that connects even physical AI and on-site data."

HandySoft is now accelerating its transformation from a groupware company to an integrated platform provider, connecting public and private AI work environments as well as physical AI, on the occasion of its name change.

This content was produced with the assistance of AI translation services.