PIA Space Co., Ltd. (CEO Hyunsoo Yoo) announced that it will participate in CES 2024, which will be held in Las Vegas, USA from Tuesday, January 9th to January 12th (Friday, local time) next year.
PIA Space is an AI technology-based company established in 2021, and is developing and commercializing a solution that uses multi-modal artificial intelligence (AI) to detect specific situations in CCTV. In particular, MACS, which has commercialized artificial intelligence (AI) technology that can detect complex situations that cannot be properly detected by existing intelligent CCTV, is conducting PoCs for various potential customers in Korea and Singapore. Twenty people are working together to innovate video analysis technology, including a CEO from the BCG leader project, an AI expert who completed a doctoral degree at SNU, and an IT engineering expert who has been in charge of IT development for 15 years in the wireless business division of Samsung Electronics.
At this exhibition, PIA Space introduces CCTV real-time video automatic monitoring solution (MACS). It is a real-time video automatic monitoring solution that can be applied to crime prevention CCTV, CCTV safety monitoring, and CCTV security solutions. It automatically detects complex situations and allows alarms and follow-up actions, thereby securing golden time to reduce fatal damage. do. Regarding this, a company official said, “The core technology of existing intelligent CCTV is to identify the classification or movement of an object using Object Detection technology, but this solution detects violent or criminal situations that are difficult to analyze and allows for work at high places. “Dangerous situations, such as recognizing the risk of falling, can be detected through understanding the context,” he explained.
Currently, PIA Space is conducting an empirical test project with Gwangjin-gu Office and Songpa-gu Office through the AI-based CCTV solution MACS, and PoCs are being conducted with two companies, KABAM Robotics, which supplies security robots to Singapore Changi Airport, and Semb Corporation, a plant operator in Jurong Island. there is. In the future, the plan is to expand paid services focusing on CCTV control rooms in each district office in Korea and supply automatic surveillance solutions to Singapore Changi Airport and large hotels. In addition, the company is targeting sales of approximately $12 million in 2025, including the North American market.
An official said, “Our company is a 3-year-old startup that is pursuing technology development and commercialization in Korea, but our target market is toward all global CCTV solutions. By entering Singapore in the second half of 2023, we were able to conduct PoC with a solution that can be applied to CCTV in Changi Airport and eco-friendly energy plants in Southeast Asia, and based on this, we are targeting the Southeast Asian market first. “Now, by participating in CES 2024, we want to create partnership opportunities with leading CCTV providers in the North American market and further become a leading AI-based CCTV solution provider in the North American market.”
In addition, “PIA Space plans to successfully complete major PoCs in the first half of 2024 and launch official solutions in earnest from the second half of 2024 to serve the domestic, Southeast Asian, and North American markets.”
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’.
The CES 2024 Seoul Unified Hall will be operated at the largest scale in terms of exhibition area, number of participating companies, and number of participating supporters since Seoul City’s first participation in CES in 2020. The Seoul Integration Center, in which 13 organizations collaborate and participate, is an important step in Seoul’s efforts to make Seoul a mecca for startups, and 17 of the companies participating in the Seoul Integration Center proved this by receiving innovation awards. The participating institutions in the Seoul Unification Center are ▲SBA ▲Seoul Bio Hub ▲Campus Town ▲AI Yangjae Hub ▲Gwanak-gu ▲Yonsei University ▲Korea University ▲Chung-Ang University ▲Sogang University ▲Kookmin University ▲Hanyang University ▲Konkuk University ▲Kyunghee University. Not only the Seoul Metropolitan Government, institutions, and companies, but also supporters through industry-academia cooperation are matched 1:1 with companies, and 85 supporters, the largest number, will participate.
* 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