notice image

“D.N.A(Data. Network. AI) Joint Venture Type (JV 설립형) Membership”

: Open from 2/ 28 (Mon.) ~ 3/ 29(Tue.) 18:00 (KST)   

00DAYS
00HOURS
00MINUTES
00SECONDS

 * Due dates and hours are fixed. Applications submitted after the deadline will not be considered for the review  

Overview    

  • Final Selection : 15 companies (flexible)
  • Target companies: Startups with D.N.A (Data, Network, AI) convergence technologies
  • Benefits - Program Overview

We support the formation, establishment & operations, and scale-up of binational joint ventures that will help selected members to save expenses/needed resources for localization of their product/service and overcome limitations in face-to-face activities amid the current pandemic.

▶ Support Discovering & Building Potential JV Partnerships: Online meetups, partnership curation service, preliminary consulting (global business, partnership, etc.)

▶ Support for JV Establishment & Operations: Business consulting(legal, patents, accounting, marketing, pr), PMF(Product-Market Fit) consulting, and other expenses(overseas travel, local working spaces - rents)

▶ Support for Business Development and Investment Attraction: Online IR event, open innovation programs in collaboration with Born2Global Centre partners (global corporates, venture capital firms, other investor firms, international organizations, etc.), and follow-up consulting

Selection Timeline

▶ Submission Deadline : 3/29 Tue) 18:00 PM (KST)

▶ 1st Announcement: 4/1 (Fri.)

▶ 2nd Evaluation: from 4/12(Tue.) to  4/15(Fri.)

▶ 2nd Announcement: 4/18(Mon.)

Membership agreement signing (Born2Global Centre - Selected companies) **: from 4/19(Tue.) to 22(Fri.)

* Timeline above is subject to change

** Membership is valid from the date of signed agreement til Dec.31, 2022

 How to Apply

A. Download the attached form

B. Submission : By e-mail (techjv@born2global.com)


 

“D.N.A(Data. Network. AI) Joint Venture Type (JV 설립형)” : Open from 3/ 11 (Thu.) ~ 4/ 12(Mon.) 18:00 PM

 

  * Due dates and hours are fixed. Applications submitted after the deadline will not be evaluated

 

   Final Selection : Up to 15 companies

 

   Target companies : Startups with D.N.A (Data, Network, AI) convergence technologies

 

  Benefits - Program Overview

 

We support formation, establishment & operations, and scale-up of binational joint ventures that will help selected members to save expenses/needed resources for localization of their product/service, and overcome limitations in face-to-face activities amid the current pandemic.

 

▶ Support Discovering & Building Potential JV Partnerships : Online meetups, partnerhip curation service, preliminary consultings (global business, partnership etc.)

 

Support for JV Establishment & Operations : Business consulting(legal, patents, accounting, martketing, pr), PMF(Product-Market Fit) consulting, and other expenses(overseas travel, local working spaces - rents)

 

Support for Business Development and Investment Attraction : Online IR event, open innovation programs in collaboration with Born2Global Centre partners (global corporates, venture capital firms, other investor firms, international organizations, etc.), and followup consulting

 

Selection Timeline*

 

Submission Deadline : 4/12(Mon.)

 

1st Announcement : ~ 4/15 (Thu.)

 

2nd Evaluation : 4/28(Wed.), 4/29(Thu.)

 

2nd Announcement : 5/4(Tue.)

 

Agreement Signing (Born2Global Centre - Selected companies) ** : Early May

 

* Timeline above is subject to change

** Membership is valid from the date on signed agreement til Dec.31, 2021

 

How to Apply 

A. Download the attached form

B. Submission : By e-mail (techjv@born2global.com)

 

 

 

 

 

“D.N.A(Data. Network. AI) Joint Venture Type (JV 설립형)” : Open from 5/28(Fri.) ~ 6/ 24(Thu.) 18:00 PM

 

 

 

* Due dates and hours are fixed. Applications submitted after the deadline will not be evaluated

 

 

 

Final Selection : Up to 15 companies

 

 

 

Target companies : Startups with D.N.A (Data, Network, AI) convergence technologies

 

 

 

Benefits - Program Overview

 

 

 

We support formation, establishment & operations, and scale-up of binational joint ventures that will help selected members to save expenses/needed resources for localization of their product/service, and overcome limitations in face-to-face activities amid the current pandemic.

 

 

 

▶ Support Discovering & Building Potential JV Partnerships : Online meetups, partnerhip curation service, preliminary consultings (global business, partnership etc.)

 

 

 

▶Support for JV Establishment & Operations : Business consulting(legal, patents, accounting, martketing, pr), PMF(Product-Market Fit) consulting, and other expenses(overseas travel, local working spaces - rents)

 

 

 

▶Support for Business Development and Investment Attraction : Online IR event, open innovation programs in collaboration with Born2Global Centre partners (global corporates, venture capital firms, other investor firms, international organizations, etc.), and followup consulting

 

 

 

Selection Timeline*

 

 

 

Submission Deadline : 6/24(Thu.)

 

 

1st Evaluation : 6/25(Fri.) ~ 6/28(Mon.)

 

 

1st Announcement : 6/29 (Tue.) via e-mail

 

 

2nd Evaluation : 7/12(Mon.)~7/14(Wed.)

 

 

2nd Announcement : 7/16(Fri.) via e-mail 

 

 

 

 

Agreement Signing (Born2Global Centre - Selected companies) ** : 7/19(Mon.) ~7/23(Fri.)

 

 

 

* Timeline above is subject to change

 

** Membership is valid from the date on signed agreement til Dec.31, 2021

 

 

 

How to Apply

 

A. Download the attached form

 

B. Submission : By e-mail (techjv@born2global.com)

 

 

 

210528_DNA JV type membership admission notice.pdf

 

210528_DNA JV type membership application form.hwp

 

 

In accordance with Born2Global Centre and Shin & Kim collaboration, we release a weekly online seminar for startups. Shin & Kim's lawyers will present various legal topics related to startups’ core issues including intellectual property rights, labor, and personal information, etc. Through the seminar, we hope Korean startups will have a complete step by step learning about the legal issues that can be brought up when running a company & expanding to overseas market.

 

The Third topic is, 

"Legal Issues related to Data Utilization."

 

We hope our seminar is helpful!

 

*Let's watch the clip>> https://www.youtube.com/watch?v=tAN0JRtqOfs

 


 

The focus of the “Korean New Deal”, announced by the government to ensure sustainable and impactful economic growth amid the pandemic, lies in the “Digital New Deal” in which AI algorithms are to be developed through AI/X projects currently underway for 5G and AI convergence and proliferation.

 

The Ministry of Science and ICT held a joint information session with related ministries for a national innovation “Digital New Deal” project to address the economical and societal implications of the COVID-19 pandemic. 

 

During the session, 23 projects were presented with an emphasis in the following major areas: D.N.A. (Data, Network, AI) ecosystem reinforcement, education infrastructure and contact-free industry, and SOC (social overhead capital) digitalization. 

 

In line with the national focus on developing deep tech industries and companies to prepare for post-COVID digital transformation, Born2Global Centre, in fulfilling the role of a global accelerator and incubator, continues to foster Joint Ventures (JVs) through tech-matching companies in Central and South America, the Middle East, the United States, Europe, and beyond, promoting collective research and development endeavors, and penetrating international markets through the wide range of services and programs offered. 

 

In 2020 alone at the height of the COVID-19 pandemic, Born2Global Centre has conducted over 1900 expert consultations, established 4 overseas corporations, forged 140 international partnerships and contracts, completed 96 overseas intellectual property applications, and achieved over 219 million USD worth of total domestic and international investments for the member startups.

 

As a focal center in current efforts to advance deep-tech innovative companies into the Latin American region, Born2Global Centre is working with 18 Latin American government affiliations - including Mexico, Argentina, Chile, Colombia, Peru, and Bolivia - in Korea, as well as accelerators in 20 major Latin American countries. 

 


 

Jongkap Kim, the Chief Executive Director of Bon2Global Center, noted that “the Latin American market, which was considered difficult to access due the physical distance, is now able to find a suitable local partner through this JV overseas expansion support.”

 

To date, Born2Global Centre has conducted six online meetups as part of the Deep Tech Exchange Program of the IDB Lab, which is the innovation laboratory of the Inter-American Development Bank Group. More contact-free meetups have been aligned, gradually to increase the number of global market pioneers, thereby continually supporting JV overseas expansion. 

 

 

 

 


 

 

The government has adopted the 2021 action plan for "Digital New Deal", which is a key pillar of the Korean New Deal initiative at the first Korean New Deal Ministers' Meeting  in the new year.

 

Digital New Deal is a national innovation project that invests a total of 58.2 trillion won (44.8 trillion won in government spending) by 2025 to accelerate digital transformation of the Korean economy and society and create about 900,000 jobs.

 

After launching projects with about 2.4 trillion won, as part of the third supplementary budget of 2020, the government has strived to overcome the economic crisis and take a leap forward as a leading country through strengthening the data, network, artificial intelligence (D.N.A) ecosystem, promoting contactless industries and digitalizing education and social overhead capital (SOC).

 

The key pillars of the 2021 plan are to upgrade the D.N.A (Data, Network, AI) economic structure, establish a foundation for non-contact industries, and digitalize SOC (social overhead capital).

 

Born2Global Centre continues to play a role in this national innovation project by matching respective deep tech startups and supporting these companies in their growth and expansion to global markets.

 

The 2021 action plan for Digital New Deal policy is as follows.

 

 

I. Plan for 2021

In order to transform Korea into a leading country, invest a total of 7.6 trillion won in Digital New Deal projects such as upgrading D.N.A. economic structure, expanding contactless infrastructure and digitalizing SOC
- Establish a legal and institutional framework while creating tangible outcomes for the public, facilitate participation from the private sector and regional entities


1. Upgrade D.N.A. economic structure
(Invest 5.2 trillion won in government spending for 2021)


1. Promote the collection, sharing and use of data 

     - Strengthen the entire data life cycle and improve legislation for promoting innovation in all industries based on data


 

· Collect and share data

Promote the use of data in public and private sectors by collecting additional 150 types of "data for AI training" (292.5 billion won) such as the letters of the Korean alphabet to advance AI for Korean language, making 44,000 government data open (cumulative 142,000 data) and establishing six additional big data platforms


· Use data 

Establish the informatization plan (ISP) to create an integrated platform for digital library, so that companies can utilize D.N.A. by supporting AI manufacturing consulting solutions, industrial data platform and providing data vouchers. The plan also ensures that anyone can readily access and use the national knowledge platform to promote knowledge sharing and dissemination.


· Improve legislation 

Create a data control tower based on public and private partnership which oversees policies in data collection, application and utilization by the government to facilitate innovation in all data-based industries and improve legislation such as legislating basic act on data


2. Apply 5G and AI to all sectors 

     - Promote services that apply 5G and AI to industries to create new digital markets


·Build 5G network

In order to establish 5G network at an early date, which will serve as the foundation for convergence services, include 5G equipments on the list for tax duction(+2%p) for commercializing technologies in new growth engines, continue to cut taxes and registration license taxes for investing in 5G facilities in districts where overpopulation is constrained within the metropolitan area


·Apply AI to all industries 

By implementing major seven AI+X projects* and follow-up legislation tasks** of "the roadmap on improving AI legal framework" (Dec. 2020), respond to convergence and spread of AI, construct 6,000 smart factories and develop level 4 autonomous driving technologies (2021~2027, a total of 1.1 trillion won put into projects)
* ① medical image analysis and treatment ② pandemic response ③ coastline ④ensure industry complexes are energy-efficient ⑤ detect illegal forgeries ⑥ innovate regional flagship industries ⑦ promote public safety
** Set criteria for algorithm disclosure, legislate act on digital inclusiveness to ensure fair access to digital technologies, revise copyright laws to allow data mining, establish the roadmap for innovating regulations on self-driving vessels etc.


3. Create an intelligent government

      - Innovate services of the government based on AI, blockchain and cloud to provide administrative services in a preemptive and customized way


·Services with tangible outcomes for the public 

Establish the "platform for digital driver's license" (10.8 billion won) which makes identification easier, and expand "AI secretary service" from nine to 39 services, which notifies and guides users to register and pay for public services through messaging apps


·Smart government 

Conduct pilot projects (11.5 billion won) in five agencies to convert government administrative work to be digital based on 5G network, gradually relocate and integrate 9,500 information systems to public and private cloud centers to provide public service (51 billion won) in a stable and efficient manner


4. Digital innovation technologies and companies

    - To take initiative in the next-generation global digital market, support development of cutting-edge technologies such as 6G, next-generation AI, hologram and relevant companies


·Innovative technologies

Develop 6G technologies overcoming the limits of existing technologies as well as key technologies including AI semiconductor designs, devices, equipments and processes (122.3 billion won)


·Innovative companies

Raise "Smart Korea Fund" worth over one trillion won and invest in companies in zero-contact industries, identify 200 promising startups in contactless industries and provide 30 billion won for commercialization funding, while also providing 200 "AI solution vouchers" (56 billion won) for developing new businesses


2. Establish foundation for contactless industry
(Invest 0.6 trillion won in government spending for 2021)


1. Digitalize education 

     - Establish a sustainable and stable infrastructure for digital transformation of future education encompassing elementary, middle, high schools, universities and vocational training centers


·Improve system 

Legislate the Framework Act on Promoting Remote Education (proposed in February) and revise the “guideline for use of copyrighted works for educational purposes” to expand the scope of using copyrighted works for the purposes of primary and secondary education


·Create learning-friendly environment

Install high-performance Wi-Fi to cumulative 270,000 classrooms in elementary and middle schools, provide up to 80,000 tablet PCs to carry out “pilot projects on online content-based textbooks” (12.8 billion won) to realize digital education


2. Smart healthcare 

     - Establish smart healthcare infrastructure in hospitals for providing safe treatment and carry out healthcare and caregiving programs for the vulnerable


·Improve infrastructure 

Establish 1,000 respiratory clinics (50 billion won) and three smart hospitals (3 billion won) to prevent the spread of infectious diseases and develop “Doctor Answer 2.0” (5 billion won), which is a precision medicine software supporting diagnosis of 12 diseases such as lung cancers


·Smart health management 

Conduct pilot projects on health management using AI and IoT (9.5 billion won) on 50,000 senior citizens, provide self-monitoring devices to 50,000 chronic patients (2.8 billion won) to help maintain healthy lifestyle


3. Contactless business 

     - Provide more support for online businesses to encourage more people to work from home amid digital transition in the COVID-19 outbreak and raise competitiveness of micro-enterprises

 

·Remote working

Provide vouchers for contactless services (216 billion won) to 60,000 small and medium-sized enterprises (SMEs) for them to be digital-based, develop software based on next-generation digital technology (5.6 billion won) in ways such as improving the quality of video conference system


·Support micro-enterprises

Secure digital marketing channels (72.6 billion won) by holding online exhibitions involving participation from 53,000 micro-enterprises, establish about 20,000 digital shops (22 billion won) which support deployment of digital technologies such as IoT and 600 digital craft shops (29.4 billion won)


3. Digitalize SOC
(Invest 1.8 trillion won in government spending for 2021)


1. Transportation infrastructure

      - Digitalize critical transportation infrastructure across the country including roads, railways and airports for ensuring public safety


·Road

With the target of commercializing fully autonomous driving vehicles for the first time in the world by 2027, establish Intelligent Transport System (ITS) in 45% of national roads and C-ITS* in major roads (517.9 billion won) and create a "precision road map for autonomous driving" for 11,670km of general national roads (16 billion won)
* C-ITS (Cooperative Intelligent Transport System): a next-generation intelligent transport system which communicates between vehicles and between vehicles and transport infrastructure


·Railway and airport

Digitalize maintenance process of railway facilities (295.8 billion won) in ways including installing IoT sensors for inspecting facilities near railways and establish "contactless biometrics system" in major airports such as Gimpo, Gimhae and Jeju.


2. Prevent and respond to disasters

     - Ensure public safety by managing dams and rivers real time and establishing "smart disaster prevention system" which extinguishes forest fires using drones


·Safety management 

Deploy automatic and remote control system for drainage facility in 57% of national rivers (180 billion won) to prevent flooding, establish real-time monitoring system (30 billion won) and smart dam management system based on drones and big data in eleven dams (15 billion won)


·Disaster response

Prevent human casualties by establishing early alert system (28.8 billion won) in 65 steep slopes and 105 districts vulnerable to natural disasters, create 10 new drone fire extinguishers to promptly extinguish forest fires and operate "flight training centers for drones used in forest fires" to nurture experts (4.6 billion won)


3. Smart cities, industrial complexes, logistics 

     - Digitalize cities, industrial complexes and logistic infrastructure and facilitate contactless direct transactions of agricultural products and fisheries products


·Urban areas, industrial complexes 

Expand smart city solutions to more than 15 local governments (30 billion won), launch national pilot smart city in Busan in December 2021 and establish two integrated control centers for industrial complexes (18.5 billion won) to ensure safety and manage traffic by using intelligent CCTVs and IoT devices as well as one platform for sharing logistics facilities (10 billion won)


·Logistics 

Build two cutting-edge smart logistics centers in transport hubs that can be shared by small and medium-sized enterprises (SMEs) (5.9 billion won) and one smart logistics center for SMEs in port hinterlands (3.6 billion won), launch an integrated digital platform for export and import logistics for shared use of information on export and import logistics


·Online transactions 

Establish an integrated platform for public meals to promote consumption of agricultural products (5.6 billion won) and an online auction platform* for wholesale livestock product market (2.6 billion won), carry out R&D to ensure fresh distribution for facilitating contactless and direct trading of fisheries and improve institutions by amending* the "act on fishery products distribution"
* support system to facilitate direct transactions of fisheries, provide information on direct transactions, ensure systems including building big data platform to be specific


II. Future directions


The government plans to successfully carry out the Digital New Deal initiative, which is in its second year of implementation and will manage the following programs in order to create tangible outcomes that can be felt by the public.


Establish "a roadmap for creating tangible outcomes" which outlines key achievements from each project by regularly holding inter-ministerial Digital New Deal working group briefings, raise awareness of Digital New Deal policy among the public by promoting key achievements of the policy from each ministry through holding briefing session


Overhaul legal framework and institutions to digitalize the Korean economy and society based on ten legislative tasks of Digital New Deal policy, continuously relieve issues on site through "regulatory sandbox system" which removes regulations curbing industrial development


Continue to supplement Digital New Deal policy through Ministers and Vice Ministers paying visits to regions and companies in order to get closer to the public and listen to their voices, identify new cooperative projects


For further information, please contact Deputy Director Kim Do Chang of the Ministry of Science and ICT (E-mail address : dc8605@korea.kr).

 


 

 


200619_Moon_DigitalNewDeal

President Moon Jae-in on June 18 speaks at the office of Douzone, a big data platform company based in Chuncheon, Gangwon-do Province, and talks to staff in charge of developing innovative services using data and artificial intelligence. (Yonhap News)



By Kim Hyelin and Lee Jihae

President Moon Jae-in on June 18 said his proposed "Digital New Deal" will "create a foundation for the digital economy going forward so that Korea can move toward a pace-setting economy in the post-coronavirus era."


He said this in a meeting with staff of Douzone, a company specializing in data and artificial intelligence (AI), at the company's Gangchon campus in Chuncheon, Gangwon-do Province.

Last month, the president proposed the Korean New Deal to combine the Digital New Deal and Green New Deal for overcoming the economic crisis incurred by the pandemic and seeking new solutions. His visit to Douzone was the first visit related to the Korean New Deal and focused on the Digital New Deal.


"The Digital New Deal we are pursuing will create a so-called 'data dam' to maximize the data utilization that will become the foundation of the digital economy going forward," he said, listing AI development, the smartification of industrial complexes, innovation industries and non-contact services.

President Moon also mentioned tasks requiring focus in the process of implementing the Digital New Deal, saying, "It's now necessary for data generated in both the public and private sectors to be boldly opened up so that business can utilize it."

"During the process of opening up data, it needs to be thoroughly turned into de-identified forms so that private information is not fringed upon." 


Because the digital economy might eliminate jobs in existing sectors, he said, "We have to simultaneously implement national projects to transfer people who used to work for old industries into newly created jobs."


"I believe that another daunting task facing us is to create a so-called inclusive digital economy by narrowing this gap."


President Moon also asked Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki, who also attended the meeting, to urge the government to speed up innovation in regulation for the sake of a successful digital economy.


The government by next month aims to specify the president's plans and announce a general blueprint for the Korean New Deal.

kimhyelin211@korea.kr




XABYSSa member company of Born2Global Centre, will be featuring its next-generation network security solution technology at RSA Conference 2019, a global data security conference to be held in San Francisco from March 4 to 8. RSA Conference 2019 attendees and media can meet the XABYSS's solution at the Pavilion, South Expo, Booth 761I.


XABYSS to Showcase Its Next-Generation Network Security Solution at RSA 2019



As the world's largest data security conference, RSA showcases approximately 700 global data security companies every year. At the event, these companies give presentations on the latest data security issues and promote their most recent products and services.

NetArgos, a next-generation network security solution that is capable of detecting, analyzing, and responding to previously undetected security threats and is expected to gain significant attention from global buyers and partners. NetArgos operates in a way similar to that of the CCTV cameras, in that it reliably stores and analyzes the data traffic that enters intranet to discover potential threats, thereby minimizing network security gaps also known as network security blind spot. For 15 to 30 days before any new security policy is published and applied, companies can use NetArgos to store and analyze their incoming network data." data-reactid="24" style="margin: 0px 0px 1em; color: rgb(38, 40, 42); font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 15px; font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255); line-height: 1.5;">XABYSS will be featuring NetArgos, a next-generation network security solution that is capable of detecting, analyzing, and responding to previously undetected security threats and is expected to gain significant attention from global buyers and partners. NetArgos operates in a way similar to that of the CCTV cameras, in that it reliably stores and analyzes the data traffic that enters intranet to discover potential threats, thereby minimizing network security gaps also known as network security blind spot. For 15 to 30 days before any new security policy is published and applied, companies can use NetArgos to store and analyze their incoming network data.

XABYSS also independently developed First-N technology, which efficiently stores network traffic data by selecting and storing designated N-sized packets rather than capturing entire packets. NetArgos detects and stores only packets that are necessary for conducting security gap analyses, thereby reducing the quantity of saved packets to one-fiftieth of the quantity previously required. In addition, it detects, analyzes, and classifies security gaps in time increments (daily, weekly, and monthly). By working in conjunction with existing network security appliances (firewalls, IPS, etc.), NetArgos also provides data that can be used in updating security policies.

Lee Si-young said, "We have high hopes that RSA will be an invaluable opportunity for us to introduce our unique, innovative solution to buyers and potential partners from all over the world. By offering the capability to identify and respond to security gaps that arise due to the time and/or operational limitations of existing real-time network security appliance, we aim to show our clients that they can enhance their network security detection and response capabilities." data-reactid="26" style="margin: 0px 0px 1em; color: rgb(38, 40, 42); font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 15px; font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255); line-height: 1.5;">XABYSS CEO Lee Si-young said, "We have high hopes that RSA will be an invaluable opportunity for us to introduce our unique, innovative solution to buyers and potential partners from all over the world. By offering the capability to identify and respond to security gaps that arise due to the time and/or operational limitations of existing real-time network security appliance, we aim to show our clients that they can enhance their network security detection and response capabilities.

Lee Si-young said, "We have high hopes that RSA will be an invaluable opportunity for us to introduce our unique, innovative solution to buyers and potential partners from all over the world. By offering the capability to identify and respond to security gaps that arise due to the time and/or operational limitations of existing real-time network security appliance, we aim to show our clients that they can enhance their network security detection and response capabilities." data-reactid="26" style="margin: 0px 0px 1em; color: rgb(38, 40, 42); font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 15px; font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255); line-height: 1.5; text-align: center;">

www.xabyss.com." data-reactid="27" style="margin: 0px 0px 1em; color: rgb(38, 40, 42); font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 15px; font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255); line-height: 1.5;">For more detailed information on XABYSS, visit www.xabyss.com.





What Kind of Company is ulalaLAB?

ulalaLAB’s signature product is WimFactory, a cloud and machine-learning-based smart factory platform that analyzes industrial data. WimFactory consists of WICON, an IoT device that collects and transmits production facility data, and Wim-X, an integrated management system for storing, visualizing, and analyzing the data.

 

 

A hidden champion specializing in IoT

WimFactory can be installed on existing factory facilities after connecting data measurement sensors and WICON. WICON collects and transmits data to Wim-X, which then analyzes and visualizes the data to provide a number of real-time services to users.
WICON can be easily connected to a variety of commercial sensors that measure such things as temperature, humidity, proximity, and vibration. Up to four sensors can be connected to WICON 
simultaneously. Since WICON is a removable modular system, users can attach WICON to various network modules for use in a variety of network environments.

Based on data analysis technology, Wim-X provides real-time monitoring, event alerts, and analytical reports. Wim-X allows users to check operational conditions at a facility in real time, through analysis of data from WICON and real-time delivery of the results to those users. WimFactory also provides alerts for errors, defects, and emergency situations, allowing immediate user response to crisis and thereby reducing loss. Moreover, based on the cloud-accumulated data, WimFactory provides an analytical report every week, month, and quarter, making it easier for users to manage their factory operations more efficiently. Unlike our competitors’ platforms, WimFactory can be installed easily - sensors are simply attached to existing facilities without the need to replace or rearrange the facilities or production lines. It is a particularly great platform for manufacturing SMEs, typically desperately in need of smart factory solutions.




Stepping up from software development to IoT underdog

ulalaLAB wasn’t always a smart factory solution provider. In 2011, it was founded as a software developer. In 2013, the company developed WimPet, an IoT communication device for animal companions. In the process of seeking out companies to manufacture the device, ulalaLAB realized the breadth of problems in the overall manufacturing process, from facility operations to quality assurance and production management. “We’ve entered the Fourth Industrial Revolution, yet most companies still maintain the same production methods they’ve been using since the 1980s and 1990s,” explains CEO Kang.

ulalaLAB’s researchers decided to apply the experience they gained with analyzing animal companion activity data to communicate with people while developing WimPet to improve the manufacturing process. Just as WimPet allows people to communicate with their animal companions through a device, ulalaLAB thought that it might be possible for factories and humans to communicate through IoT devices. “I was convinced that it would be possible to solve problems with facilities and product quality easily and at low cost through analysis of data collected from manufacturing lines,” explains Kang, “so we changed our business model.”




Toward true manufacturing reform after much trial and error

Even though the idea was a great one, ulalaLAB underwent significant trial and error to remake itself from software developer to IoT company.
The biggest problem was that those working for ulalaLAB had no understanding of its prospective clients- manufacturing facilities. “It took us nearly seven years to test our products at production facilities, trying to understand the manufacturing system, and listening to manufacturers themselves,” remembers Kang. Even after developing a product that had never before existed on earth, the conservative manufacturing environment in Korea posed an obstacle as well, as it is not very open to change or innovation. Moreover, it was difficult for ulalaLAB’s B2B business model for factories to be recognized as a venture startup. Only recently has ulalaLAB been able to lay the foundation for overseas expansion through acquisition of various international certifications.




The Korean market is too small! On to the global market!

Realizing the difficulty of getting through to the stubbornly conservative Korean market, ulalaLAB decided to look overseas. Starting with success in the Nike shoe factory in Indonesia in 2016, ulalaLAB installed WimFactory in Adidas shoe factories in Vietnam and China in 2017.
The company also signed an MOU with the Thailand Productivity Institute to enter the Thai market, stepping up its efforts to further expand into the Asian market.

Recently, ulalaLAB has been seeing great results in China as well, signing an MOU with Alibaba Cloud and Kevins, a Chinese distributor, to expand the smart factory market. ulalaLAB has also signed an agreement with NMYP, a Chinese agriculture and stock farming company, to co-develop a smart farm solution and has been actively working on related projects.

Amidst these efforts, the K-ICT Born2Global Centre continued to support and encourage ulalaLAB in laying the foundation for overseas market entry through participation in pitching contests and exhibitions to find overseas partners and clients, publication of foreign press releases, and filing of patents overseas (in the United States, European countries, China, Singapore, Vietnam, and Thailand).




2019 will be the year possibilities become reality

2019 is expected to be the year ulalaLAB brings the results of its research and development to the market. To this end, the company is compiling a portfolio of manufacturing plants in Korea and building a collaborative structure with local partners abroad to advance into the global market.

Above all, ulalaLAB continues to develop WimFactory so that it can grow and diverge into a variety of solutions.
Kang expresses his aspirations for ulalaLAB, saying, “I will do my best to make ulalaLAB Korea’s first hardware unicorn.”




 

 

 

Recently, sports fans may have noticed a new type of replay where the play stops and rotates to a new angle. Those replays have been made possible with technology from 4DReplay that has been shown by CBS Sports, FOX Sports, NBC Sports. A company created in South Korea and part of the K-ICT Born2Global Centre startup incubator, 4DReplay does exactly what the name suggests with a time slice video production system enabling four-dimensional, 360-degree viewing of movements with any shot, at any time.

 

 

 

 

 

 

 

 

 

CBS Sports, together w/ 4DReplay, debuted replay technology never before seen in US national broadcast during today’s @OhioStateHoops v. @UNC_Basketball game in the @CBSSports Classic.

The replay system creates a 360-degree video of moving objects with any angle and depth.

 

One of the first major applications of the tech was for the 2018 NHL All-Star Game last month. The technology works for hockey because it allows dynamic views of one of the hardest sports to capture. For the All-Star Game, 4DReplay set up 100 cameras, 50 on each side of the ice.

 

“We are excited to partner with the NHL and 4DReplay to bring an exciting new look at replays to our fans,” John McGuinness, Coordinating Producer at NBC Sports, said in a statement. “Being able to seamlessly move around an entire play without switching shots, will give the viewers at home an incredible look at the action on the ice.”

“Seconds after key plays, fans will see four-dimensional views of the action from any angle, and experience the game like never before,” Jung said in a statement. “Working with NBC and the NHL provides 4DReplay with a significant platform for wide adaption of our technology in North America.”

FOX Sports and UFC have seen 4DReplay enhance the viewing experience.


 

Intel has its own version of immersive replay in True View Technology. According to 4DReplay, it differentiates itself by creating and playing these 360-degree videos for broadcast in only five to 10 seconds.

“The main reason for 4DRReplay’s growing visibility in the industry is its unparalleled technology, which compares favorably in terms of quality and performance than that of the Israeli startup that was acquired by Intel,” according to the K-ICT Born2Global Centre, referring to Replay Technologies.

Be on the look out for 4DReplay integration in many sports broadcasts in the future.

 

Newsletter Sign Up

By clicking "submit," you agree to receive emails from Bron2Global and accept our web terms of use and privacy and cookie policy*Terms apply.

Apply now for 2022 Boot-X Batch 2 program! (7/8 ~ 8/15 Mon 24:00 KST)

X