Innogrid (CEO Myungjin Kim) , a cloud computing and digital transformation (DT) specialist, announced on the 2nd that it signed a letter of intent (LOI) for business cooperation with the Electronics and Telecommunications Research Institute (ETRI, President Seungchan Bang) for next-generation cloud technology cooperation.
The signing ceremony was held on July 1st at Innogrid headquarters, and was attended by Innogrid CEO Myungjin Kim, ETRI Artificial Intelligence Computing Research Institute Director Ilyeon Cho, and other officials from both sides. This agreement was promoted as part of cooperation to jointly respond to technological advancements based on artificial intelligence (AI) and multi-hybrid cloud, and to secure competitive cloud solutions centered on domestic technology.
Recently, as AI semiconductors and cloud ecosystems have rapidly advanced, the demand for integrated platforms that can operate efficiently in various environments is increasing. The domestic cloud market has been faced with structural limitations centered on foreign solutions and high licensing costs, which has led to the need to build an independent ecosystem based on domestic technology.
Accordingly, Innogrid and ETRI agreed to pursue cooperation across the entire cycle from R&D to commercialization, including ▲discovering multi-cloud-based business models and developing solutions ▲joint research on AI-integrated cloud technology ▲securing intellectual property rights related to next-generation clouds.
This collaboration is based on the results of the 'Multi-Cloud Management Platform Technology Development' project, which is being carried out as part of the SW Computing Industry Core Technology Development Project of the Ministry of Science and ICT, and aims to apply ETRI's technology to Innogrid's cloud management platform 'TabCloudit' and launch a commercial product within a year. Innogrid will lead commercialization and platform implementation, and ETRI will be in charge of supporting multi-cloud core technologies.
Through this agreement, Innogrid plans to strengthen the competitiveness of domestic cloud solutions and expand its presence in the global market by developing a reliable platform that can be utilized by both the public and private sectors in the AI convergence cloud field.
ETRI Director Cho Il-yeon said, “This collaboration is an important case that will establish a foundation for self-reliance in the domestic cloud industry through technological linkages between public research institutes and private companies,” and added, “We will continue to cooperate to spread future core technologies, including AI-integrated cloud, to the private sector.”
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