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In collaboration with MAAB Innovation,
Establishing a bridgehead for entry into Uzbekistan
2024.06.17

WISESTONE T, a software testing specialist, is entering Uzbekistan.
WISESTONE T announced on the 17th that it recently signed a strategic business agreement (MOU) with MAAB Innovation, a company specializing in SW development and IT human resource training, to advance into the Uzbekistan software (SW) market.
MAAB Innovation is an educational company that was founded in Silicon Valley, USA, and then expanded into Uzbekistan. It has about 200 employees and specializes in SW development and IT personnel training.
WISESTONE T has recently been implementing various strategies to enter overseas markets, and through this MOU, it plans to establish a local corporation in Uzbekistan in the second half of this year.
The business agreement ceremony was attended by representatives from both companies, including WISESTONE T CEO Insuk Kim and MAAB CEO Sherzod Ibragamov. The main contents of the agreement include: △ SW development through an Uzbek corporation, △ securing local SW testing personnel, △ strengthening night testing services by utilizing the 4-hour time difference with the local area, and △ mutual cooperation for overseas personnel sourcing consignment.
CEO Insuk Kim said, “Our goal is to secure SW development and testing personnel who are difficult to hire domestically through the Uzbek corporation and to foster excellent local talent through overseas outsourcing.” He added, “Furthermore, we plan to introduce excellent Korean SW solutions to Uzbekistan and expand our SW testing business to further solidify our foundation for advancing into overseas markets.”
Reporter Kim Jeong-hee jhakim@etnews.com
Source: Electronic Newspaper Etnews
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