Privacy Policy

People & Technology (hereinafter ‘the company’) regards a customer’s personal information as important and complies with the Act on Promotion of Information and Communications Network Utilization and ... Utilization and Information Protection, Etc. If the personal information handling policy is revised, the company will give a notice through Notice in the website (or separate notice).

ο This policy is enforced from 2023

Items of personal information collected
The company shall collect the following personal information for membership registration, counseling, and service application.
  • ο Items to collect: title, e-mail address, access log
  • ο Personal information collection method: online inquiry
Personal information collection and use purpose
The company utilizes the collected personal information for the following purpose
  • ο The performance of the service offering contract, and the fee settlement and payment based on service offering
Personal information retention and use period
As a principle, after personal information collection and use purpose are accomplished, the information is immediately destroyed. The information described below is kept for the given period and reason indicated below.

A. The reason for information retention according to company policy

- Illegal use record
Retention reason: prevention of illegal use
Retention period: one year

B. The reason for information retention according to related laws

If information needs to be kept according to related laws, including Commercial Code and the Act on the Consumer Protection in Electronic Commerce, etc., customer information shall be kept for the given period defined in the related laws. In this case, the company shall utilize the customer information only for the purpose of retention, and the retention period is as follows.

- Record about contract, contract withdrawal, etc
Retention reason: the Act on the Consumer Protection in Electronic Commerce, etc
Retention period: five years
- Record about payment, goods supply, etc
Retention reason: the Act on the Consumer Protection in Electronic Commerce, etc
Retention period: five years
- Record about electronic financial transactions
Retention reason: Electronic Financial Transactions Act
Retention period: five years
- Record about consumers’ complaints or dispute settlement
Retention reason: the Act on the Consumer Protection in Electronic Commerce, etc
Retention period: three years
The procedure and method of personal information destruction
As a principle, after personal information collection and use purpose are accomplished, the information is immediately destroyed. The destruction procedure and method are described as follows.
  • ο Destruction procedure

    The customer information typed for inquiries of maintenance, etc. are moved to a separate DB (a separate file in case of paper) after the purpose is accomplished, and then is kept for a certain period according to the information protection reasons defined in the company policy and related laws (See Retention and Use Period) before being destroyed. The personal information moved to a separate DB is not used for other purposes than the retention purpose unless there are related laws.

  • ο Destruction method

    - The personal information saved in an electronic file type is deleted in the technical method to prevent it from being used ever.

    - The personal information printed out in paper is shredded or incinerated.

Personal information offering
As a principle, the company shall not provide users’ personal information outside. However, the cases described below are exceptional.
Installation and operation of automatic collector of personal information, and refusal of automatic collection
The company runs ‘cookie’, etc. to find and save your information frequently. A cookie is a small text file that the server used for operating the website of the company sends to your browser. It is saved in your computer hard disk. The company utilizes a cookie for the following purposes.

Person in charge of personal information management
  • ο Name : Administrator
  • ο E-mail : company@basgenbio.com

For other reports or questions about privacy infringement, contact any of the following organizations.

  • 1.Personal Information Dispute Mediation Committee (www.1336.or.kr/1336)
  • 2.Information Protection Mark Certification Committee (www.eprivacy.or.kr/02-580-0533~4)
  • 3.Iternet Crime Investigation Center of Supreme Prosecutors' Office(http://icic.sppo.go.kr/02-3480-3600)
  • 4.Cyber Terror Response Center of National Police Agency (www.ctrc.go.kr/02-392-0330)

People & Technology

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Resources

  • Resources

PnT Secures 3 Billion KRW Investment from Three Domestic Investors

  • AuthorElodie
  • DateDec 31, 2024
  • Views396

Laying the Foundation for the Next Wave of Innovation


People & Technology, a leading IoT-based AI platform solutions provider in Korea, announced on the 23rd that it has successfully secured a total investment of 3 billion KRW from Aju IB Investment, Magellan Technology Investment, and Kingo Investment Partners.

This marks the first major funding round since the company's Series A investment in 2017, approximately four years ago.

 


 

 

Founded in 2013, People & Technology has consistently overcome the technical and economic limitations of IoT solutions, offering innovative IoT data-driven AI applications and services across diverse industries, including healthcare (hospitals) and industrial safety. The company initially introduced location-based services to the domestic IoT market and has since evolved to provide advanced solutions. Since 2018, it has delivered its specialized IoMT (Internet of Medical Things) platform, IndoorPlus+ SmartCare, offering various healthcare services such as 24/7 automatic patient vital signs monitoring, asset management, nurse workflow automation, and smart patient safety management.

 

 

 

In 2020, the company participated in the Ministry of Health and Welfare's Smart Hospital Leading Model initiative, deploying its IoMT smart hospital platform and automated in-hospital patient monitoring solutions integrated with various medical devices across six major hospitals. Currently, the company is co-developing and clinically validating IoT medical big data analytics technologies and solutions with multiple hospitals.

Building on its expertise in medical IoT/IoMT, People & Technology is expanding its validated medical device integration and vital signs monitoring service models into other industries, such as power plants, factories, and construction. These applications focus on ensuring human safety by detecting environmental risks and implementing proactive safety measures.

 

 

Notably, the company’s expansion of its IoT location-based solutions to collect workers' biometric signals in real time for safety management has been recognized as a groundbreaking achievement in the worker safety management service market. This innovation is expected to broaden the application scope of IoT-based safety services, driving both quantitative and qualitative growth in the industry.

The company's ability to dominate the smart hospital sector, while addressing diverse industry demands with tailored solutions, was a key factor in securing this investment.

 

 

Co-CEO Hong Sung-pyo remarked, “Our collaborations with various customers and partners, as well as the outcomes of our internal R&D efforts, have created an opportunity for greater growth and innovation with this investment. Moving forward, we plan to accelerate business expansion with aggressive strategies targeting new industries and international markets, ensuring a win-win for all our global customers and partner companies through continuous innovation and value creation.”