RaonPeople Selected as AI Voucher Support Project 'Artificial Intelligence Solution' Provider

[Asia Economy Reporter Hyunseok Yoo] Raon People announced on the 17th that it has been selected as a supplier company for two consecutive years in the 2021 Artificial Intelligence (AI) Voucher Support Project hosted by the National IT Industry Promotion Agency (NIPA).

Raon People is a company promoting government Green New Deal policy tasks by providing AI traffic solutions related to AI autonomous driving infrastructure, C-ITS incident detection, AI video detection and signal control, vehicle number and pedestrian recognition. With its selection as an AI voucher supplier company this time, it will provide AI solutions used across industries such as AI autonomous driving traffic infrastructure, dental solutions, and smart farm solutions to demand companies.

In particular, Raon People trains AI based on images of good and defective products. It provides industrially specialized deep learning algorithms, inspection software, and inspection modules including an inspection system that automatically detects unstructured defects and classifies them by type, as well as solutions for crop growth and pest prevention. These AI solutions are applicable in various fields such as semiconductors, automobiles, metals, electricity, electronics, food, and pharmaceuticals.

Based on these achievements, the company explained that it has recently been recognized as a leading company in the domestic and international AI market by being ranked No. 1 among ‘AI startups attracting global attention’ selected by the National Information Society Agency (NIA).

Demand companies wishing to adopt and utilize Raon People’s AI solutions can apply through the National IT Industry Promotion Agency’s project management system (SMART) by the 2nd of next month. Additionally, the AI Voucher Support Project hosted by NIPA provides a total budget of 56 billion KRW over seven months from April to the end of October, with a maximum limit of 300 million KRW per project. Demand companies receive the necessary AI solutions from supplier companies, and the cost is supported by vouchers from the dedicated agency.

This content was produced with the assistance of AI translation services.