Naver Labs·Cloud and LX Collaborate for Global Expansion of Digital Twin Platform

On the 3rd, Naver Labs, Naver Cloud, and LX signed a business agreement to expand the overseas digital twin construction project. (From left) Junbeom Kim, Executive Director of Naver Cloud; Jongyun Baek, Head of Naver Labs Division; Yuwon Kim, CEO of Naver Cloud; Sangok Seok, CEO of Naver Labs; Seonju Chae, Head of External & ESG Policy at Naver; Jeongryeol Kim, President of LX Korea Land and Geospatial Informatix Corporation; Songuk Choi, Director; Chunsu Park, Manager; Jongmook Choi, Chief.

Naver Labs, Naver Cloud, and LX Korea Land and Geospatial Informatix Corporation (LX Korea) are collaborating to advance the overseas expansion of digital twin technology.

On the 3rd, Naver Labs, Naver Cloud, and LX Korea signed a Memorandum of Understanding (MOU) for the "Expansion of Overseas Digital Twin Construction Projects" at Naver's second headquarters, located at 1784, Seongnam-si, Gyeonggi-do. Attendees included Chae Seon-ju, Head of External and ESG Policy at Naver, Seok Sang-ok, CEO of Naver Labs, Kim Yoo-won, CEO of Naver Cloud, and Kim Jeong-ryeol, President of LX Korea Land and Geospatial Informatix Corporation, among other officials.

Through this agreement, Naver Cloud, Naver Labs, and LX Korea plan to first integrate their respective technologies and expertise to build a versatile digital twin platform that can be used for various purposes and continuously enhance it. Furthermore, they intend to jointly discover and promote new global spatial information-related businesses based on this digital twin platform.

Naver Labs and Naver Cloud have independently developed the ALIKE solution, a technology that uses aerial photography and AI algorithms to efficiently build city-scale digital twins in terms of cost and time, and are conducting various projects domestically and internationally. Currently, they are working on a digital twin project in Japan in collaboration with SoftBank, as well as various digital twin projects domestically, including at the National Museum of Korea. LX Korea, designated by the Ministry of Land, Infrastructure and Transport as a "Specialized Support Organization for the Digital Twin National Platform," is also building the 'LX Platform,' a digital twin-based platform specialized in solving various urban and national land-related issues.

Baek Jong-yoon, Head of Naver Labs division, said, "We will leverage Naver’s uniquely developed digital twin technology to create global use cases and strive to discover various new businesses. We will continuously advance digital twin technology, which forms the foundation for building smart city platform ecosystems."

Han Sang-young, Executive Director of Strategy & Planning at Naver Cloud, stated, "Along with this digital twin platform, various Naver services such as HyperCLOVA and advanced technologies are meeting numerous customers through the highly secure and stable Naver Cloud Platform. We expect that this collaboration with LX Korea will create diverse global use cases."

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