Daedong Acquires KT's 'Giga Smart Farm' Business

[Asia Economy Reporter Kwak Min-jae] Agricultural machinery company Daedong has acquired KT's Smart Farm business to develop a SmartFarming platform.

Daedong announced on the 30th that it has signed a transfer contract for the 'KT GiGA Smart Farm business.'

The GiGA Smart Farm is a smart farming platform service developed by KT for domestic farms. It provides ▲design consulting and construction of smart greenhouses ▲real-time growth environment monitoring of smart greenhouses ▲irrigation control solutions for open-field farms.

Since its debut in the domestic agricultural market in 2016, about 370 farms cultivating fruits and vegetables, leafy vegetables, root vegetables, fruit trees, and mushrooms in greenhouses and open fields currently use the service.

Through this transfer contract, Daedong will receive KT's smart farm technology and platform, smart farm consulting and greenhouse design data for about 370 farms, and growth environment data of crops cultivated by these farms within this year. This will accelerate the development of a smart farming platform aimed at maximizing harvest with minimal resources.

In this regard, Daedong aims for the smart farming platform to provide information and solutions throughout the entire agricultural cycle, including ▲cultivation environment consulting and construction for open fields and greenhouses ▲growth recipes and weather environment information by crop ▲remote monitoring and operation of agricultural machinery ▲automatic recommendation and supply of other agricultural materials ▲harvesting and distribution of crops.

Kwon Ki-jae, Head of Daedong DT Promotion Office, said, “We expect to introduce the SmartFarming platform faster by developing growth recipes using already established agricultural data,” adding, “Daedong will open a new chapter in future agriculture through active investment in building and evolving agriculture data, AI, and ICT-based solutions and platforms.”

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