Gwangju Creative Economy Innovation Center Successfully Hosts Final Stage of Industrial Intelligence Competition

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Gwangju Creative Economy Innovation Center (Director Ha Sang-yong) announced on the 15th that it held the ‘2021 AI Test-Bed Korea Industrial Intelligence Competition Final Stage’ at the Shinhan Understand Avenue Art Stand in Seoul.

In the final competition, 20 teams, selected through preliminaries held since August this year, presented their business ideas, and three teams received the grand prize, while three teams were awarded the Environment Prize, Social Prize, and Governance Prize respectively.

The main content was composed of four parts: ▲ Part 1 Electric Vehicles/Energy/Public Sector ▲ Part 2 Daily Life/Monitoring/Recognition ▲ Part 3 Daily Life/Recycling ▲ Part 4 Local Events/Advanced Technology in sequence.

Participants in the final stage expressed satisfaction, saying, “Industrial Intelligence (AI+X), one of Korea’s New Deal projects, responds to national strategies and discovers practical demand tasks necessary for introducing artificial intelligence technology in Gwangju’s 11 strategic industry development fields, which seems to be an opportunity to commercialize these.”

From this session, Gwangju Innovation Center plans to establish exchange and cooperation systems with KT-CS, Shinhan Alternative Investment, Geumseong Baekjo, and others to support market development and investment linked to AI technology convergence products and services of large and small-medium enterprises.

Director Ha Sang-yong stated, “The AI Test-Bed Korea Industrial Intelligence Competition, now in its third year, comes at a time when ESG management?practicing environmental protection, social contribution, and ethical management?is emphasized for global expansion. Through this competition, we hope that startup companies based on AI technology internalize ESG management elements, grow into global companies, and take a further leap forward in Gwangju, the AI-centered city.”

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