Dongyang Partners with SKT to Fully Launch Smart Factory Business

Smart factory service utilizing Dongyang's industrial blowers and SKT's technologies such as cloud and artificial intelligence (AI).
[Photo by Eugene Group]

[Asia Economy Reporter Junhyung Lee] Dongyang, a subsidiary of Eugene Group, is the first in the industry to promote a business that integrates smart factory technology into industrial blowers.

On the 1st, Dongyang announced that it signed a Memorandum of Understanding (MOU) with SKT at Dongyang headquarters in Yeouido, Seoul, to promote a smart factory service business. Through this agreement, the two companies will introduce the industry's first smart factory service combining Dongyang's industrial blower manufacturing technology with SKT's cloud-based server management solution.

The core of the industrial blower smart factory service is cloud and artificial intelligence (AI) technology that remotely monitors and manages blowers. It utilizes SKT's self-developed subscription-based smart factory AI service, 'Metatron Grandview,' and a dedicated Internet of Things (IoT) network. Customers will receive services such as ▲real-time monitoring ▲equipment anomaly and failure precursor alarms ▲equipment maintenance records and database (DB) management ▲AI analysis modeling.

Based on this service, Dongyang plans to expand its business to plant equipment, ready-mix concrete conveyor belts, and increase growth potential. Dongyang explained that the integration of smart factory services into the existing industrial blower business is expected to lead to product premiumization and the establishment of a diverse lineup.

Choi Nak-hoon, head of SKT Smart Factory Company, stated, "We will continue to cooperate for the smart factory business that combines SKT's AI, cloud services, and Dongyang's equipment-based manufacturing technology."

Jung Eechun, head of Dongyang Plant Business Division, said, "This agreement has laid the foundation for realizing a smart factory. We will advance existing businesses, expand new business portfolios, and create new revenue structure models."

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