[INQ. NO. 1708E02] UlalaLAB in the Smart Content Center of the National IT Industry Promotion Agency was selected as one of the top 10 global start-ups in recognition of WimFactory, a smart factory platform based on the IIoT (Industrial IoT) and data in the fourth industrial revolution sector. The start-up introduced a smart factory not for large companies such as GE and Siemens but rather for small and mid-sized enterprises.
“I feel honored as our company was singled out as one of the top 10 via an evaluation by the judging committee consisting of scientists, entrepreneurs, investors and influential industry experts,” said Kang Hak-joo, CEO of UlalaLAB. “I hope that WimFactory will be a big helpinghand to many manufacturing companies brooding over the construction of smart factories due to the advent of the fourth industrial revolution.”
Smart factory platform WimFactory by UlalaLAB can be built by attaching the smart factory IoT device Wicon of UlalaLAB’s own development to existing facilities and equipment after connecting it to a measurement sensor. Its device cost is one-tenth of the price of an existing platform. Monthly cloud cost enables people to use the service easily and conveniently.
Accordingly, this greatly reduces burdens of initial smart factory construction costs. Users can monitor real-time data from equipment collected through Wicon with smartphones, PCs, tablets and so forth.
UlalaLAB is currently providing the WimFactory platform to a Nike footwear manufacturing company in Indonesia and Atlas Copco Korea, a Swedish equipment company. The company is headquartered in the Smart Content Center of the National IT Industry Promotion Agency.
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