Business

Korea Airport Corporation Hired Altibase for Data Management Platform

Published

6 years ago

August 11, 2019

Open-source relational database, Altibase has announced that the Korea Airports Corporation (KAC) has hired Altibase for its big data platform solution. The big data platform of KAC is harnessing various IoT technologies. KAC is responsible for construction, management, and operation of airports. And it also manages and controls airport traffic. It manages a total of 14 airports in Korea.

Korea Airports Corporation has been searching for some data management companies to manage their big data platforms. In addition, KAC was also looking to utilize cutting edge IoT technologies to improve the efficiency of examining the data such as passenger and airport flow. KAC alone was unable to meet these requirements and it thus hired Altibase to outsource its big data platform.

KAC carried a number of BMTs and selected Atibase to fulfill the requirements. Altibase has 19 years of experience in the field of MES and in storage analysis of data and the company will utilize its specialties for KAC. Altibase’s in-memory capabilities provide high output and low latency that finally result in high processing performance of big data.

KAC will now be able to collect and analyze its big data such as flight status and passenger flow in real-time. Altibase’s services will anticipate airport congestion, improve passenger convenience and operate airport resources. KAC is now also cooperating with mobile service providers to provide the shortest routes to passengers from their homes to the airports to avoid traffic.

Altibase is an enterprise-grade database which is supporting and managing DBMS for more than 600 enterprises including 500 multinational companies. Its major clients include Samsung, HP, Hyundai, China Mobile, China Telecom, and China Unicom. Now KAC is also added in its client list.

Business

Derik Fay: A Multifaceted Entrepreneur, Investor, and global business leader

Published

2 days ago

March 21, 2025

Matthew Wiles

Derik Fay is a renowned celebrity entrepreneur, investor, and business leader with a diverse portfolio of successful ventures and a deep-seated passion for empowering others. His journey from humble beginnings to his extraordinary achievements is a testament to his resilience, strategic thinking, and unwavering commitment to making a positive impact on the world.

Born on November 19, 1978 and raised in Westerly, Rhode Island, Fay’s entrepreneurial spirit emerged at a young age. He founded his first large company at 22 (Around the Clock Fitness) that quickly became Floridas largest, and most successful independently owned fitness chain in the state before selling it to the publicly traded company Towns Sports International in 2109.

Sine that time he has built and scaled over 30 highly successful companies, achieving remarkable exits in the 7-to 9-figure range. His expertise spans various industries, including health & fitness, real estate, financial services, hospitality, and technology to name just a few.

Fay is also the founder and CEO of his main holding company 3F Management, (founded 2094) a venture capital and operational management firm that provides operational infrastructure, financial support, strategic partnerships, and other value add services directionally focused towards scaling and exiting.

Under the umbrella of 3F Management, Fay currently owns, is a co-owner, or is a cap table advisory member of over 40 other successful and growing brands.

Tycoon Payments, Results Roofing, BKFC, ManCandy, Fort North Media, Spintel, SendBuzz, Ritas Italian ice, FayMS Films, Eratyc Entertainment, Tycoon Funded, Pure Peptide Solutions, and 3F Financial, are just a few of the rapidly growing companies and brands that fill Fay’s entrepreneurial days.

Beyond his business ventures, Fay is a dedicated philanthropist, actively supporting various charities and causes. He is passionate about empowering the next generation of entrepreneurs and believes in the power of education and mentorship to create positive change.

Fay’s personal life is as fulfilling as his professional achievements. He is a devoted father to his two daughters, Sophia Fay (18) and Isabella Fay (16), and is engaged to his fiancée, Shandra Phillips (35) and is to be married in January 2026, in Naples Florida.

He enjoys spending time with his family, traveling, and pursuing his life long passion of health and fitness thru weightlifting and bodybuilding.

Derik Fay’s multifaceted career and unwavering commitment to excellence has established him as a respected figure in the business world, and a has gained global notoriety as role model for aspiring entrepreneurs.

His story is such an inspiration to all who seek to overcome challenges, achieve their goals, and make a meaningful impact on the world that Netflix is in post production on the documentary style film about Fays life journey from poverty to global success.