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Lotte Data Communication

Ownership: Private
Employees: ~2300
Development stage: Commercial

Overview

Lotte Data Communication—now rebranded as LOTTE INNOVATE—provides comprehensive digital transformation and IT services across multiple industries including retail, manufacturing, logistics, finance, and healthcare. Its offerings include smart factory/logistics/retail solutions; security systems; medical/hospital information technology platforms; wellness/lifecare apps; cloud computing/data center services; IoT-based building/facility management tools. The company's health-related activities focus on digital health records and hospital workflow optimization rather than direct therapeutics or diagnostics.

No clinical results or drug pipeline exists.

In 2024 the company changed its name to "LOTTE INNOVATE" to reflect broader innovation initiatives.

Industry: Biomedical IT and Biomedical Data Platforms

Partnerships

MOU with Kakao for messenger/platform business developmentMOU with CISCO for cloud business cooperation

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