Hyundai Elevator and KT Join Forces... Pioneering New Business Linking AI, Voice Recognition, and Robots
[Asia Economy Reporter Dongwoo Lee] Hyundai Elevator announced on the 29th that it will promote a new business linking artificial intelligence (AI), voice recognition, and autonomous driving robots together with KT.
On the same day, Hyundai Elevator signed an MOU with KT at the KT building in Gwanghwamun, Jongno-gu, Seoul, to expand the elevator DX (digital transformation) business.
Through this MOU, Hyundai Elevator will develop an open application programming interface for elevators that can be linked with applications by September. They will also carry out projects to expand DX in various spaces where elevators are installed, such as apartments, hotels, and buildings, by integrating KT's voice recognition and robot technologies.
They will also strengthen facial recognition technology. Plans include developing personalized elevators that can analyze passengers' situations to adjust lighting, provide music and content, and more. Elevators can be used contactlessly through voice and mobile phones.
The elevator industry is evolving into e-mobility alongside the development of 4th industrial revolution technologies including artificial intelligence. Autonomous driving robots provide customer-facing services by riding elevators themselves to deliver packages or food to desired locations, and IT technologies are applied in various areas such as increasing operational efficiency through data analysis, proactive maintenance, and security.
Song Seungbong, CEO of Hyundai Elevator, said, "We are promoting the development of future elevator products and services that provide customers with efficiency, convenience, and safety through the convergence of elevators and IT technology," adding, "This will be a new turning point for the elevator industry, which has been stagnant until now."
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Park Jongwook, Head of KT's Business Planning Division, said, "Through the fusion of Hyundai Elevator's remote management technology, the industry leader, and KT's digital platform (Digico) technology, we expect to gain new competitiveness in the elevator DX field," and added, "We will continue to expand various collaborations by utilizing KT's core competencies in AI, big data, and differentiated cloud technologies."
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