Grepp Annual Report: 56% of Monito Users Save Over 30% on Costs

Domestic edutech leader Grepp (GREPP) proved the overwhelming market influence of its core services, the online exam proctoring solution 'Monito' and the developer growth platform 'Programmers,' through its 2024 annual report. This is analyzed as successfully meeting the demand for efficient talent evaluation from companies and institutions, aligning with the era of accelerated digital transformation post-pandemic. In particular, Grepp's untact exam proctoring service 'Monito' achieved the remarkable feat of being adopted by 90% of the top 10 domestic companies last year. Expanding its reach in the financial sector, a total of 17 banks, including the top 5 domestic banks, conducted online exams using Monito, and 18 companies, including major domestic big tech companies represented by 'Naekarakubae' and leading public enterprises, also established a fair and stable evaluation environment through this service. A total of 3,616 exams were conducted through Monito throughout the year 2024. The satisfaction level of companies adopting Monito is nothing short of explosive. According to survey results, more than half, 56%, responded that they reduced costs and human resources by over 30%, and among them, 24% reported experiencing resource savings of more than 50%. Grepp emphasized, “The outstanding convenience and unparalleled stability of the Monito solution are key factors for high satisfaction.” Indeed, Monito boasts a high-performance server environment capable of accommodating over 20,000 simultaneous test-takers, and has a successful case of approximately 4,700 people taking an exam stably at once. 'Programmers,' which has established itself as an essential tool in the developer recruitment market, also continued remarkable growth. Last year, 574 companies utilized Programmers' coding tests, and a total of 140,115 developers had their skills verified. It also set an unprecedented record with a maximum of 6,897 participants simultaneously taking a single coding test. Lim Sung-soo, CEO of Grepp, explained, “The perception of online exam proctoring services among companies has significantly improved since the COVID-19 pandemic, and the demand for convenience and efficiency has been steadily increasing.” He also stated his ambition: “Moving forward, based on close communication with various stakeholders, including industry partners and government ministries, we will dedicate ourselves to advancing our technology and further expanding the reach of the online exam proctoring and coding test market.”