Data tech company Big Value (Co-CEOs Gureum and Byeong-wook Lee) announced on the 29th that it was finally selected for the 'Scale-up TIPS R&D Support Project' hosted by the Ministry of SMEs and Startups and the Korea Technology Information Promotion Agency for SMEs.
With this selection, BigValue will receive a total of 1.14 billion won in R&D funding and technology commercialization support over the next three years. Scaleup Tips is a support program that fosters startups with growth potential into global unicorns through collaboration between the government and the private sector.
Through this project, Big Value plans to develop an "intelligent data analysis agent based on vertical AI (industry-specific AI)" for industry-specific task automation, and develop it into an "intelligent agent AI platform" that can independently understand and perform advanced industry-specific tasks.
The company aims to achieve end-to-end automation by implementing repetitive analysis, reporting, and decision-making processes as step-by-step AI agents and then orchestrating them through an orchestration agent. Through this, the company aims to establish a professional-level decision-making support system in industrial settings.
Furthermore, to overcome the limitations of existing vertical AI, which is limited to a single function or specific domain, we are developing a common module-based AI agent platform applicable to various industries. By introducing a modular architecture that allows for the addition of industry-specific functions as plug-ins, we will ensure scalability and flexibility, laying the foundation for AI transformation across industries.
BigValue applies AI agents based on "ontologies," which structure industry-specific regulations and knowledge, enabling AI to accurately interpret data and support decision-making based on business context. Furthermore, BigValue plans to expand these industry-specific agents into a subscription marketplace, fostering an open data tech ecosystem where external developers and non-experts can participate.
The CEO of Cloud Big Value said, “This selection for support is a recognition that Big Value’s data is contributing to solving business problems in actual industrial settings,” and added, “We will prove that the quality and depth of data are the core competitiveness of industrial AI, and elevate the level of AI utilization across industries to the next level.”
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