ADEK smart city application example. Spaid
Seoul, South Korea, December 9 – At the Global CES Media Meet-up on December 10, Spaid, a burgeoning South Korean startup, introduced its cutting-edge AI-based mapping solutions designed to reduce the time required to model entire geographical areas significantly.
CEO Chongkul Yi showcased the potential of this groundbreaking technology during the event held at the AVING News MIK Basecamp.
Founded in December 2023, Spaid aims to revolutionize how businesses interact with and utilize location-based data.
By seamlessly integrating physical environments with digital insights, Spaid aspires to provide customers with a more intuitive understanding and practical application of geospatial information.
AI tech
The startup is steered by an experienced team, including its CEO, who has a history with Samsung, and a CTO with over 30 years of IT development expertise.
Together, they focus on enhancing the use of geospatial data in various industries, enabling organizations to derive valuable insights for informed decision-making.
Central to Spaid’s offerings is CYLO, a robust data transformation and integration engine that standardizes data regardless of format or origin.
This engine allows businesses to receive customized information tailored to their specific needs.
Spaid also visualizes 3D spatial data based on Geographic Information Systems (GIS), delivering an immersive user experience that brings a wealth of regional data to life.
Spaid’s Geo AI solution goes further, monitoring location-based data to identify anomalies and forecast potential responses.
The 3D maps created using GIS data provide detailed information on land, buildings, demographics, and traffic, facilitating thorough analysis tailored to specific regional contexts.
Looking ahead, Spaid plans to offer a range of integrated management services aimed at smart cities and factories.
These include digital twin management, real estate value assessments, building energy optimization, financial risk assessment, and telecommunication resource management.
To support this, the company has developed a specialized database and server infrastructure for real-time monitoring of GIS data.
During the event, Yi clarified to IE that their technology is currently applied to satellite images, emphasizing that while it can be used for all types of images, the quality of results may vary based on the resolution of the source images.
“For finer details, drone photos are preferable,” he pointed out. He also noted that their technology is adaptable across various sectors, including defense, agriculture, weather forecasting, and disaster response.
3D maps
When questioned about the possibility of applying their technology to far-fetched places, Yi acknowledged the challenges of acquiring the necessary data in Korea but expressed optimism about potential collaborations with private space companies internationally.
Spaid has already seen interest from major Korean telecom providers, which have implemented the company’s technology through Proof of Concept trials for their networks.
Internationally, Armenia’s government has utilized Spaid’s solutions for national land surveying initiatives.
Regarding the accuracy of their mapping technology, Yi stated that human involvement guarantees 100% accuracy, though it can be time-consuming.
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“Using satellite photos is quicker but may compromise precision,” he explained, highlighting the necessity of versatile platforms for effective modeling.
Yi expressed ambitions for Spaid to vertically integrate its processes vertically, eventually eliminating reliance on external data. “I often think how beneficial it would be to own a satellite,” he remarked.
In closing, Yi mentioned the company’s drive to customize solutions according to client needs despite the challenges posed by varying security systems and policies.
Spaid is eager to expand into the U.S. and ASEAN markets, viewing the U.S. as a prime opportunity due to its vast corporate landscape and data potential, paving the way for future growth and innovation in geospatial technology.
The company plans to showcase its product at CES2025 in January next year.