Seoul, the capital of South Korea, is considered to be among the most technologically advanced cities around the globe. Because of this, the start-up sector in Seoul to be rich in solutions relating to its issues.
Start-Up Seoul: Tech-Rise 2019, an upcoming event conducted by the Seoul Metropolitan Government, could prove to be a great opportunity, for start-ups such as ultrafine dust management, fire prevention, etc., to obtain admittance to project investors and business representatives.
The event, spanned over three days, is set to take place in September of this year. A session titled “Exhibition on Seoul Innovations” will take place on the 5th and 6th of September at the Dongdaemun Design Plaza, and is predicted to have nearly 50 homegrown startups exhibit their latest technologies.
Visitors at the Exhibition on Seoul Innovations are expected to gain an insight of the technology trend in Seoul considering AI, big data, and the IoT.
Specifically under the limelight are those looking for an opportunity to turn into the next automated solution to issues faced by the municipal government, including the deteriorating quality of air, insecurities in the urban region, etc.
An AI start-up based in Seoul which generates a street mapping facility utilizing drones which identify moving cars, DroMii, is just one very useful example. Among its uses are how the cars can then be eliminated from the map image, and the bare surface of the road can be examined for potholes and cracks.
Spacewalk, a start-up which has a software that approximates optimal revenue settings for an urban regeneration venture to help gauge its practicality, is another artificial intelligence-powered business working towards providing solutions to urban problems. The firm intends for its product, known as the Landbook, to be utilized by residents who are considering taking part in the initiatives put forward by the city government redevelop the city.