AI Iron Scrap Analysis Solution

[INQ. NO. 2306E09] BOGONET has developed innovative artificial intelligence (AI) technology that automatically classifies the type, ratio, and condition of steel scraps, and it is thus currently much
attention.
The AI solution precisely analyzes and reclassifies a large amount of steel scraps purchased by domestic steelmakers, thereby minimizing impurities and maximizing recycled iron scraps. This reduces the labor costs for field workers who previously relied on ‘visual inspection’ for sorting work. It is evaluated
that it has delivered hundreds of billions of won worth of cost-innovation to the entire steelmaking
industry.
Jeon Jeong-hee, CEO of BOGONET, explained, “We have deep-learned more than 20,000 steel scrap
images of the past four to five years for each part of charging and inspection. This AI solution has increased the iron scrap recognition rate by more than 90% (96.4% for inspection part), and the accuracy will be higher in the future.”

The AI iron scrap analysis solution is an achievement of the past 10 years accomplished by BOGONET, which has expertise in iron scrap types and classification. The company has gained recognition for creating synergy by separately collaborating with its own artificial intelligence (AI) technology development team, and a data operation team specializing in steel scrap.
CEO Jeon remarked, “We will continue to expand the scope of application of AI technology in the steelmaking field, such as detecting the rate of iron scraps charged in electric furnaces, detecting dangerous substances in iron scraps, and detecting dangerous situations for workers. In this way, we will improve the productivity of steel manufacturers and continue to increase field safety.”
BOGONET is an AI-specialized software developer that provides deep-learning service platforms based on artificialintelligence machine learning, and customized solutions for customers.
Since its establishment in January 2013, BOGONET has supplied CCTV video-based intelligent video surveillance solutions that can be effectively used in various fields such as disaster safety, security, national defense, and commercial area analysis.

 
 
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