Yogiyo and POSTECH Join Hands for Last-Mile Technology Research

Mutual Cooperation for Research on Data Science and Last Mile Technology and Fostering Excellent Talent

Seo Sung-won, CEO of Yogiyo (left), and Kim Moo-hwan, President of Pohang University of Science and Technology, are signing an industry-academic cooperation MOU and posing for a commemorative photo.

[Asia Economy Reporter Kim Cheol-hyun] Delivery app Yogiyo announced on the 18th that it has signed a Memorandum of Understanding (MOU) with Pohang University of Science and Technology (hereinafter, POSTECH) for industry-academia cooperation in developing optimization-based data science technology and last-mile technology.

Through this industry-academia cooperation, both parties plan to explore ways to jointly advance the new innovative technology of delivery apps, specifically the optimization of 'last-mile logistics' and data science technology. In particular, to foster outstanding development talent, they will expand specific programs such as ▲joint academic workshops and theoretical education ▲data competitions ▲internship programs linked to employment.

Yogiyo and POSTECH will prioritize research on practically applicable technologies through this year and plan to continue mutual cooperation with the establishment of the Yogiyo R&D Industry-Academia Cooperation Center within 2023.

Earlier, since May, Yogiyo has also started joint research with POSTECH to enhance logistics efficiency. Under the guidance of Professor Kim Byung-in, an authority in logistics optimization, the POSTECH research team, jointly led by Professors Choi Dong-gu and Chae Min-woo from the Department of Industrial and Management Engineering, is conducting practical research on rider demand forecasting and last-mile logistics optimization at delivery sites using data science and artificial intelligence techniques.

Seongwon Seo, CEO of Yogiyo, said, "The MOU with POSTECH, a center for nurturing future global innovative talent, will be a meaningful opportunity for Yogiyo to contribute to the development of outstanding developers and industry technology," adding, "Going forward, Yogiyo will continue to strive to build technological capabilities through meaningful research and development as a leading platform player."

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