JMP Korea staff at JMP Reunion in 2023
JMP's presence in Korea was a single seed just seven years ago, waiting to take root. Today, it has blossomed into a thriving hub of innovation, boasting impressive growth in revenue, staff, and user base. This journey reflects the dedication of the JMP Korea team and the increasing demand for data analysis solutions within the Korean market.
The JMP Korea office began its journey in January 2017 with a single employee, Chul-Hee Min (@ChulHee_JMP). Fast forward to June 2024, and the team has grown to a vibrant force of 13 talented individuals. HoKeun Kil (@HoKeun_Kil), JinYoung Lee (@JinyoungLee), IkJu Shin (@IkjuShin), DaeYun Kim (@DaeYun_Kim), SangHyun Kim (@kimsanghyun), YoungWhan Kim (@Herbert), JuHwan Kim (@JuHwan_Kim), JinHee Lee (@JinHeeLee), MinYoung Bang (@minyoung_bang), YuRa Hwang (@YuraHwang), HyeWon Jung (@HyeWonJung), and TaeGon Kim (@TaegonKim) have all played a crucial role in this expansion, bringing their expertise and enthusiasm to JMP Korea.
JMP staff in Korea after a customer visit in November 2018
Exponential revenue growth
In 2016, JMP, then under the umbrella of SAS Korea, generated revenue of KRW 784 million. By 2023, that number had skyrocketed to a staggering KRW 4.1 billion, representing a compound annual growth rate (CAGR) of 23%. This impressive financial performance underscores the increasing adoption of JMP's data analysis solutions within the Korean market.
Expanding expertise
Initially, JMP Korea focused solely on sales. But reflecting the growing demand for JMP solutions, the offices is now comprised of three dedicated sales teams alongside a dynamic marketing team. This diversification ensures comprehensive support for JMP users in Korea, from initial contact to ongoing success.
At a JMP Clinical seminar in November 2019Engaging the community
The JMP Korea team actively fosters a community of data enthusiasts. In 2020, they launched the first-ever Discovery Summit Korea as an online event, attracting 149 participants. Recognizing the value of in-person interaction, they followed this up with a successful physical event in 2023, drawing an even larger audience of 205 attendees. These summits provide a valuable platform for knowledge sharing, user engagement, and building a strong network within the Korean data science landscape.
A growing user base
The number of active JMP accounts/sites in Korea has more than doubled in the past seven years, rising from 117 in 2017 to 315 in 2023. This significant increase reflects the ever-expanding recognition of JMP's value proposition and its growing influence within Korean businesses and organizations.
Baby WooJu, son of YuRa Hwang
The JMP Korea family grows by two feet
On a heartwarming note, the JMP Korea story extends beyond professional success. The team recently welcomed the arrival of the first JMP Korea baby, symbolizing the growing family atmosphere within the office.
Born on May 24, baby WooJu is the son of YuRa Hwang, who is a member of the Inside Sales Korea Team 3.
“WooJu” means cosmos in Korean. Both mother and baby are healthy. Please congratulate this exciting and adorable addition!
