Hyundai Engineering Hosts 'Smart Construction Technology Integrated Contest'
Expanding Smart Construction Technology Capabilities such as BIM, AI, and Modular through Open Innovation
Proposing Solutions for Plants, Architecture, Infrastructure, Asset Management, and Safety
Contributing to the Development of the Domestic Smart Construction Technology Ecosystem through Co-growth with Academia and Industry
[Asia Economy Reporter Kangwook Cho] Hyundai Engineering announced on the 18th that it will hold the ‘2021 HEC Smart Construction Technology Integrated Contest’ to expand its smart construction technology capabilities and develop integrated technologies across various fields including plants, architecture, infrastructure, assets, and safety.
The contest covers 12 core smart construction technologies such as construction automation robots, AI, IoT, 3D scanning, modular construction, and BIM. Applications can be submitted in two categories: ‘Open Innovation,’ which allows free proposals on contest technologies, and ‘Problem Solving,’ which invites solutions on specific topics in plant, architecture, infrastructure, asset management, and safety fields.
The contest is open to domestic startups, large and small-to-medium enterprises, domestic and international university (graduate) research teams, and research institutions. Applicants can download the form from Hyundai Engineering’s official blog and apply by submitting the form along with required documents via email.
Submitted technology proposals will be internally evaluated based on the appropriateness of the development plan, technological excellence, and usability of outcomes, followed by final selection. Selected teams and companies will receive benefits such as test bed support for technology verification, commercialization opportunities, joint research and technology development funding, and joint patent application support.
Hyundai Engineering is actively investing to rapidly apply the selected technologies on-site and plans to further increase investment scale this year to expand smart construction technology development. In June last year, Hyundai Engineering held the ‘Smart Construction Technology Contest in Architecture & Housing’ and selected a total of nine outstanding technologies, which are currently being applied and developed. Technologies related to smart construction equipment and drone platforms have completed first-phase application and are undergoing follow-up development, while technologies such as exterior wall painting robots, AI video recognition, and smart sensors are currently under joint research.
Hot Picks Today
If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- RIA Accounts Surpass 240,000 Subscriptions... Sold Nvidia, Bought Samsung Electronics
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Manhole Cover Blasts Open in 12 Seconds... The Reason Behind the 'Gangnam Flood Disaster' [Report]"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
A Hyundai Engineering official stated, "Through this integrated contest, we aim to discover innovative and highly potential smart construction technologies and solutions and grow together through joint development," adding, "Through ‘Open Innovation,’ where we collaboratively consider innovative technologies and ideas, we plan to enhance our competitiveness while achieving co-growth with industry and academia."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.