XEED-LAB is created to empower the next entrepreneurs at Samsung SDS helping them spot emerging opportunities and develop their ideas into viable business.
In 2011, Samsung SDS first launched an employee business idea contest. Later, in 2016, this contest expanded further into an in-house startup incubator program and was given a new name, XEED-LAB. Over the years, more than 800 employees brought in brilliant new business ideas. Selected project teams have merged into relevant business division, established spin-off companies, or become an in-house venture for further growth.
Samsung SDS offers a motivating and supportive environment where employees can fully focus on their projects to create positive values and foster growth.