People and Technology Selected for KT’s "K-Champ Collaboration" Program
- AuthorElodie
- DateDec 31, 2024
- Views331
Seoul – May 2, 2022 –
People and Technology Co., Ltd. announced on April 29 that it has been selected for the "K-Champ Collaboration" program, a collaborative initiative aimed at fostering joint business ventures between KT group affiliates and competitive startups.
About K-Champ Collaboration
The K-Champ Collaboration is an open innovation program sponsored by KT and organized by the Gyeonggi Center for Creative Economy & Innovation. Over the course of 3 to 6 months, the program facilitates practical business model collaboration and capability-building between KT and selected startups or SMEs.
As Korea’s largest telecom and digital platform company, KT operates across various sectors, including ICT (wired and wireless communication, IPTV, satellite broadcasting), real estate, media/content, finance, and IDC. Through this program, KT supports Proof of Concept (PoC) development, commercialization, and business partnerships with innovative ventures.
People and Technology’s Proposal
People and Technology proposed integrating its Angle of Arrival (AoA)-based absolute positioning system and its IndoorPlus+ platform with indoor robotics to enhance service quality and driving accuracy.
IndoorPlus+ is a highly regarded indoor positioning solution, certified with Korea’s first GS1-grade quality standard in this field. Recognized as a notable vendor in the Gartner Magic Quadrant Analysis Reports (2018-2019), the company provides end-to-end expertise, from device software to server backend solutions, with a team of specialists in indoor positioning and IoT.
CEO’s Vision
Hong Sung-pyo, CEO of People and Technology, stated, “We aim to achieve the PoC objectives for indoor positioning and look forward to expanding our collaboration with KT to broader business areas.”
By leveraging KT’s expansive digital platform and People and Technology’s cutting-edge positioning solutions, this partnership is expected to set new benchmarks for indoor robotic services and further advance the IoT ecosystem.