Hyundai Engineering Begins Development of AI-Based Design Automation Technology

[Asia Economy Reporter Kim Hyemin] Hyundai Engineering announced on the 6th that it has been finally selected for a research and development project led by the Ministry of Trade, Industry and Energy and will embark on the development of 'AI-based design automation technology.'

This project is a detailed task of the '2022 Carbon Reduction Model-linked Digital Engineering Design Technology Development Project.'

Hyundai Engineering plans to develop AI-based design automation technology for 33 months in a consortium with Wise Aitek as the lead company, Korea Advanced Institute of Science and Technology (KAIST), and the High Technology Research Institute Consortium. Hyundai Engineering is responsible for technology review and verification.

This technology enables AI to automatically recognize and extract necessary information from engineering design drawings and documents. Once developed, it can shorten work time and improve quality through the digitization of drawings.

In March last year, Hyundai Engineering also signed a memorandum of understanding with Korea University to develop an automated engineering drawing (P&ID) design system using AI and machine learning. Through the Smart Technology Center, the company plans to integrate and develop smart technologies applicable to all businesses including plants, architecture, and infrastructure, and actively utilize them on site.

A Hyundai Engineering official said, "Smart construction technology is an essential element for continuous competitiveness in the construction industry," adding, "In addition to technology development through our own Smart Technology Center, we will strive for industrial development in various ways such as open innovation with academia, industry, and research institutions."

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