“Application of AI to core corporate processes is essential” Machinarax presents AX roadmap to support productivity innovation

MakinaRocks, an industry-specific AI company, held its first self-conference ‘ATTENTION 2024′ at the JW Marriott Hotel in Seoul on the 24th and announced its own new programs and platforms for applying AI to companies’ ‘core business processes’.

Machinalax held the ‘ATTENTION 2024’ conference at the JW Marriott Hotel in Seoul on the 24th. ⓒ Makina Rocks

ATTENTION 2024 is a venue to discuss the future and changes in industrial fields that will be changed by AI, and LG, SK Telecom, Hyundai Motor Group (KIA), etc. participated. At this conference, Machinarax, as a leading industry-specific AI company, shared various cases and experiences of making the company’s ‘core business processes’ intelligent using AI based on Compound AI technology and systems.

In a presentation titled ‘The era of Real-World AI that begins in the industrial field,’ Machinarax CEO Yoon Seong-ho said, “For true AX (AI Transformation), AI must be applied to the company’s ‘core business processes,’” and “AI must be applied to the company’s ‘core business processes.’ “The ripple effect it will bring will go beyond office assistance and bring about an unprecedented level of productivity innovation in the physical world (Real World), including research and development, production/quality, supply chain management, and distribution/logistics, which are directly related to corporate productivity and costs,” he emphasized. .

Machinarax CEO Seongho Yoon is giving a presentation at ATTENTION 2024. ⓒ Makina Rocks

In the presentation, many cases of increased productivity were also revealed, such as reducing the development period for new tires by up to 50% by applying AI to core business processes and reducing energy usage by 2% through energy control in the steel production process. A case in which customer order standardization time was shortened by 60% by applying industry-specific LLM, and a case in which store profits for each store increased by 3% by predicting food distribution prices were also specifically introduced.

On this day, Machinarax unveiled ‘AI Inception,’ an AI Quick-Win program that supports companies’ introduction of AI. This is a program that helps companies that have difficulty getting started with AI to quickly achieve results by applying AI to core business processes within a short period of time. Machinarax’s AI platform ‘Runway’, industry-specific AI development know-how, and rich experience in the industry are used to create successful cases by leading the entire process from task discovery to AI implementation and application. . Even after the program ends, we present a roadmap to help companies internalize AI capabilities through continued collaboration.

In the following presentation by CTO Sangwoo Sim, ‘Beyond MLOps: Opening the Future of Hyperconnectivity’, he introduced Runway, a hyperconnected AI platform for building complex AI technologies and systems that realize AI in the physical world.

CTO Shim said, “In order to solve complex corporate problems, we need hyper-connectivity that organically connects all elements beyond MLOps, which manages the life cycle of AI models,” adding, “Multi-model data, multiple AI models, and systems within the company. “A runway that connects external tools, field experts, and AI will play that role.”
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Source: www.itworld.co.kr