AI Platform ‘Runway’ Paves the Way for Real-World AI Applications in Industrial Sectors
MakinaRocks Wins MSICT Award for Second Consecutive Year, Expanding ‘Runway’ Adoption Across Multiple Industries After Previous Recognition by Telecommunication Technology Association
SEOUL, South Korea, June 21, 2024 – MakinaRocks, an industrial AI company, announced that it received the Minister of Science and ICT Award at the ‘2024 Korea AI Awards’ ceremony held at COEX in Seoul, South Korea.
The Korea AI Awards, now in its fourth year, is organized by the Artificial Intelligence Industry Association and sponsored by the Ministry of Science and ICT, the National IT Industry Promotion Agency, and the Telecommunications Technology Association. The awards recognize companies leading future innovation through the convergence of various industries with AI technology.
At this year’s awards, MakinaRocks was distinguished with the highest award from the Ministry of Science and ICT for the industrial sector. This recognition acknowledges not only the company’s advanced AI capabilities but also the user-friendliness of its AI platform, which has significantly lowered the barriers to AI adoption in industrial fields. This marks the second consecutive year that MakinaRocks has been honored, following last year’s President of Telecommunications Technology Association Award at the 3rd Korea AI Awards.
MakinaRocks provides advanced AI technology and the AI platform ‘MakinaRocks Runway,’ specifically tailored for manufacturing and industrial applications. Runway facilitates the adoption and operational optimization of industrial large language models (LLMs), offering robust on-premises support to enhance data security and reduce costs. It features automated workflows for improving and optimizing model performance. Key features include AutoML for AI development without coding, MLOps for automated AI operations, DataOps for dataset creation and retraining, and EdgeOps for deployment in local environments. These capabilities ensure continuous efficiency in AI development and operational costs, empowering industries to fully leverage AI.
“We are honored to be recognized for our efforts in enabling real-world AI across various industries, including semiconductor, battery, automotive, defense, and retail,” said Youngsin Huh, Chief Business Officer of MakinaRocks. “With our AI platform Runway, MakinaRocks will accelerate AI transformation (AX) by providing industry-specific AI solutions for anomaly detection, optimization, and predictive maintenance, as well as on-premises LLMs, making AI more accessible to enterprise users.”
About MakinaRocks
MakinaRocks is a pioneering leader in enterprise AI software for the global manufacturing industry, dedicated to accelerating industries’ transition to AI. Leveraging our MLOps platform and end-to-end AI solutions, we empower businesses to optimize operations, gain insights, and unlock significant value. Backed by $25M+ funding from global investors like Applied Ventures and Hyundai Motor Group, MakinaRocks is a top innovator listed in CB Insights AI 100 and the World Economic Forum’s Global Innovators Community. Learn more at https://www.makinarocks.ai/en/.
