With this business agreement, the two companies will cooperate in ▲AI agricultural machinery and robot services ▲Establishment and integration of Internet of Things (IoT) platform ▲DataLake, AI/ML (Machine Learning), big data analysis ▲Medium to long – establishment of a long-term digital transformation roadmap, etc.
With this, Daedong Group and its subsidiaries plan to realize the digital conversion of agricultural machinery and agriculture-related technologies, and based on this, they plan to contribute to accelerating the digital conversion of national agriculture as a whole. . In the process, the company said it should secure business opportunities in the future agricultural industry, which is emerging as a promising new growth industry, by researching ways to introduce computer technology optimized for domestic agricultural sites.
Daedong Agtech is a joint venture between Daedong, a K agricultural machinery representative company, and Hyundai Autoever, a software (S/W) subsidiary of Hyundai Motor Group, established last year. It develops and provides the core software and IT technologies necessary for the digital transformation of Daedong Group, which is expanding its territory based on the three core businesses of smart agricultural machinery, smart farm and smart mobility.
Driven by strong tractor sales in the North American market, which is the core of the global agricultural machinery market, Daedong has grown rapidly, exceeding KRW 1 trillion in sales for two consecutive years after 2021. autonomous tractors. In order to extend the technology accumulated through the development of AI tractors to the field of robots, it recently opened a robot research center. Daedong Agtech is leading the development of AI/ML platforms for Daedong Group’s AI-based tractor and robot development and services.
According to the company, Daedong collects big data on crop growth information and environmental information (temperature, humidity, CO₂ concentration, light intensity, etc.) for Smart Farm, one of the top three companies, and Amazon Web. , which connects devices to the cloud easily and securely It creates a standard for smart agricultural companies that can further improve the quality and productivity of agricultural products by using the AWS IoT core service and the service’s AI technology (hereafter referred to as AWS). In addition, it accelerates the establishment of a precision agriculture platform that collects and analyzes soil nutrition information, yield and quality measurement and crop growth data, and determines the timing and amount of fertilization and control based on this.
Daedong Agtech is developing digital cultivation solutions for natural products and functional cultures with master’s and doctoral researchers from Seoul National University and KIST (Korea Institute of Science and Technology), and also building a platform for market.
Megazone Cloud, which has secured digital transformation cases in various industries based on its expertise in AI and big data technology, sympathizes with Daedong Agtech’s business vision and develops Daedong Group’s future agricultural platform business and various technologies necessary for digital transformation. in co-development.
“This year is an important time for Daedong Group, which has been leading the mechanization of agriculture in Korea for 75 years, to prepare to leap forward as a leading agricultural enterprise in the future,” said Kwon Gi-jae, CEO of Daedong. Ag Tech We will seriously accelerate the business of smart agriculture services and AI agricultural robots.
Hwang In-cheol, CEO of Megazone Cloud AWS Business, said, “Through this business agreement, we will not only cooperate in the digital transformation of Daedong Group, but also in areas such as smart mobility, smart farm and smart agricultural machinery. , which are the core technologies of agricultural digital transformation, and new business through the advancement of future agricultural technologies. We will do our best to create opportunities. »
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