People & Technology Pioneers New AI IoT Service Solutions
- AuthorElodie
- DateDec 31, 2024
- Views357
Intelligence Assets Optimized for Business, Led by the People & Technology AI Lab
November 23, 2021 –
People & Technology, a leader in IoT and AI, has unveiled a new website introducing the technologies and services under development at its newly established AI Lab.
Since its founding in 2013, People & Technology has set the technical and business standards in the B2B IoT sector, earning top-tier recognition from its clients. Through its globally recognized IoT precision positioning platform, IndoorPlus+, the company automatically collects vast amounts of data in real-time that were previously underutilized. By integrating AI, this data is transformed into Intelligence Assets—valuable information tailored to customers’ business needs.
The company’s AIoT platform enhances the end-to-end value chain of IoT devices, infrastructure, processing, and data transformation.
Expanding into New Domains with AIoT Solutions
Beyond the AIoT platform, People & Technology redefines problems through mathematical data modeling, creating innovative AI solutions tailored to Healthcare, Security, Mobility, and Safety. New domain-specific solutions are expected to launch in Q1 2022.
Key Developments
Digital Security:
Collaborating with a leading domestic company with global market share in digital security, People & Technology has finalized the development of AI Edge Computing solutions. A licensing agreement is imminent, promising to strengthen their strategic partnership.Healthcare:
Building on its role in the Smart Hospital Leading Model initiative, the company will supply AI algorithms for applications such as skin disease detection and early warning of critical conditions to advanced hospitals already using its IoMT (Internet of Medical Things) solutions.Mobility:
People & Technology applies AI camera-based Edge Computing to analyze vehicle dynamics, including speed and direction, without requiring separate devices like radar or LiDAR. This approach reduces hardware needs while maintaining precision.
AI Lab Leadership and Expertise
The AI Lab is led by Dr. Byung-Heup Jeon, a Ph.D. in mathematics, and comprises seven experts in mathematics and IT engineering. The team develops unique AI solutions by analyzing the origins of data and modeling it based on structural and contextual mathematical insights.
Strategic Vision and Market Impact
People & Technology’s AI Lab aims to differentiate itself by providing field-tested AI solutions that guarantee operational efficiency for B2B clients. Its collaboration with major players in the global security market demonstrates the lab’s potential to dominate the AI Edge Computing landscape.
The lab’s approach—focused on extracting maximum value from data while addressing real-world business needs—positions People & Technology to lead the AI market with innovative and reliable solutions that deliver tangible benefits to its clients.