Procyan Co., Ltd. (CEO Jae-yoon Lee) announced that it will participate in CES 2024, which will be held in Las Vegas, USA from Tuesday, January 9th to Friday, January 12th (local time) next year.
Procyan is an AI edutech company with a vision of bridging the global math education gap, and to achieve that vision, its goal is to help learners improve their math skills through its adaptive learning service. Accordingly, we developed a ‘mathematical calculation engine’ that allows unlimited solving of mathematical problems tailored to the learner’s ability.
Learners can supplement their weaknesses through repetitive learning through the ‘mathematics calculation engine’, and the AI math tutor combined with the engine diagnoses the learner’s problem-solving method and determines which areas the learner needs to improve his/her skills and which math concepts. The official explained that what needs to be known is clearly communicated through mutual conversation. In this process, learners can identify their weaknesses and improve their math skills in a short period of time through understanding concepts.
This adaptive math learning service was launched for free in web and mobile versions this August under the name ‘Solgit’. Currently, we are in the process of combining virtual humans with ‘Solgit’ through technological advancement.
In terms of B2C, Procyan chose middle and high school students around the world as its main business target, and one of the reasons it focuses on providing math education in more than 104 languages to a global audience is that the 4th industrial revolution is leading to ‘STEM’ (science, The explanation is that mathematical knowledge is required to promote innovation in the fields of technology, engineering, and mathematics.
Regarding this, a Procyan official said, “Connecting basic mathematical concepts and using them in equations is the way numbers and mathematics communicate in the era of the 4th Industrial Revolution. However, if students do not understand how mathematics communicates, it is difficult for students to survive in the era of STEM,” he said. “It is highly likely that the world of the future will be divided into those who are good at mathematics and those who are not, and if we fall behind the trend of the times, global mathematics will become a problem.” The educational gap is bound to widen. “This is the philosophical reason why we came up with ‘Solgit,’” he explained.
‘Solgit’ is based on a model that combines Procyan’s mathematical calculation engine and generative AI chat, and uses natural language processing technology specialized for mathematical sentences to run a mathematical problem recommendation algorithm. Accordingly, ‘Solgit’ analyzes conversations and interactions with users and provides customized problems to users. In addition, it utilizes data obtained during the user’s problem-solving process to provide detailed solutions focusing on concepts that users find difficult.
Procyan is currently launching ‘Solgit’ for free in MVP format on the Korean web and mobile app, and has received investment from the Seed round. Currently, we are strictly verifying service effectiveness through PoC rather than sales performance, and our goal is to enter the global market through high-quality services. In the process, we have the ambition to become a unicorn in the AI math education market by finding global investors who truly understand and can join us in Procyan’s vision and goals, regardless of nationality.
Regarding participation in this CES, an official said, “The biggest reason for participating in CES 2024 is to clearly show the world that Procyan’s purpose is to lead the ‘world’ rather than simply lead the ‘market’ through mathematics education.” Our company’s slogan is ‘A better world through mathematics,’ and we have a vision to benefit the world by nurturing high-quality talent through mathematics education. We believe that companies participating in CES must have business goals and vision of global standards. Accordingly, through our participation in this CES, we would like to discover partners and investors who can share our vision and goals, and together with them, we hope to become an icon of innovation in the education industry in the global market.”
Meanwhile, ‘CES’, the world’s largest IT exhibition hosted by the Consumer Technology Association (CTA), is an exhibition where you can see the flow of innovative technologies around the world at a glance and is held every January in Las Vegas, USA. AVING News, which has covered CES for 18 consecutive years, has reported CES news around the world every year since 2006, and has been selected through ‘BEST OF CES’ and ‘BEST OF MADE IN KOREA’, which select the best innovative products, companies and technologies. has been in progress. In addition, CES on-site issues are vividly conveyed through ‘AVING LIVE’.
* Special reporters: Joseph Choe, Kidai Kim, Dongkwan Kim, Mokkyung Lee, Sangun Choi, Seung Hyun Nam, Sunghwan Kim, Taeuck Lim, Min Choi
→ Go to the CES 2024 news special page