KoreaTech Today - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
No Result
View All Result
KoreaTech Today - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home AI

South Korea MSIT Data Dam Kickoff Fuels AI Innovation Across Industries

 588 total views,  3 views today

Siwoo Jung by Siwoo Jung
PUBLISHED: July 8, 2021 UPDATED: July 9, 2021
in AI, South Korea, Tech Industry
0
South Korea MSIT Data Dam began distributing AI data to multiple essential sectors to improve existing technologies and services, further advancing the Digital New Deal.
South Korea MSIT Data Dam began distributing AI data to multiple essential sectors to improve existing technologies and services, further advancing the Digital New Deal.

South Korea MSIT Data Dam began distributing AI data to multiple essential sectors to improve existing technologies and services, further advancing the Digital New Deal.

As part of South Korea’s Digital New Deal, the Ministry of Science and ICT (MSIT) kicked off the Data Dam project in collaboration with the National Information Society Agency. Moreover, the two parties managed Data Dam’s release of around 170 high-quality AI training data types to 8 essential industries.

Upholding the Digital New Deal

Recently, MSIT emphasized Data Dam’s importance in enhancing the nationwide digitalization initiative, significantly helping sectors adopt innovative technologies and services. Data Dam also enables the South Korean digital economy to adjust and prepare for the forthcoming post-COVID-19 era.

Furthermore, the Data Dam project functions as one of the Korean Digital New Deal’s foundations. Data Dam also aims to give every individual and business easy access to beneficial information, meeting their diverse needs.

Distributing AI Data Across Industries

After Data Dam gathers information from public and private sectors, it would share the accumulated valuable data across numerous areas. Besides disseminating AI information, Data Dam would actively process, standardize, and use data to build a comprehensive AI database.

Some of the sectors Data Dam would support include agriculture and livestock, autonomous driving, healthcare, land and environment, phonetics and language, safety, and vision. The project would also deploy AI data to miscellaneous areas such as LiDAR technologies, AR, VR, and mathematics competency measurement.

MSIT also distributed the AI data on AI Hub, an integrated data platform. Since the Data Dam began operating, AI content materials have remarkably increased. As a result, these AI contents positively affect various societal spectrums, including education, finance, healthcare, industrial operations, and transportation.

For instance, in the phonetics and language area, Data Dam’s Korean dialect data improved existing voice-based AI platforms lacking in dialect recognition technologies. The performance evaluation results also indicated that Data Dam enhanced multiple services’ spoken dialect recognition rate by 12%.

Strengthening Data Dam as a Nation

Businesses, experts from public and private sectors, government agencies, and other organizations helped build, verify, and manage Data Dam. MSIT also utilized cloud-sourcing technologies, encouraging citizens with different backgrounds to participate in the data collecting and processing.

In addition to advancing AI service development, Data Dam would considerably help startups and small and medium-sized businesses. In particular, the AI data would aid them in budget and human resource departments.

“We will continue to provide high-quality data for AI training and spare no effort to make data accessible to every individual and business,” said Lim Hye-Sook, Minister of MSIT. Lim also stated that MSIT expects the different industries to widely utilize the Data Dam’s data rollout in propelling innovations.

Check out other must-read articles from KoreaTechToday:

  • South Korea MSIT Invests 220 Billion Won For Next-Gen 6G R&D
  • South Korea Improves Digital New Deal with the Data Dam Project
  • Korean Tech Giants Samsung, LG Accelerate Global 6G Standardization
  • Hyundai, Naver to Take Lead in President Moon’s Korean ‘New Deal’
What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: AIArtificial IntelligenceData DamMinistry of Science and ICTMSITSouth Korea

Related Posts

South Korea curbs tech leaks to foreign countries
South Korea MSIT Data Dam began distributing AI data to multiple essential sectors to improve existing technologies and services, further advancing the Digital New Deal.
South Korea

South Korea curbs tech leaks to foreign countries

February 8, 2022
Hyundai Rotem set to provide upgraded army tank variants to South Korea
South Korea MSIT Data Dam began distributing AI data to multiple essential sectors to improve existing technologies and services, further advancing the Digital New Deal.
South Korea

Hyundai Rotem set to provide upgraded army tank variants to South Korea

February 2, 2022
South Korean Govt shares strategic blueprint to become 5th biggest metaverse market globally
South Korea MSIT Data Dam began distributing AI data to multiple essential sectors to improve existing technologies and services, further advancing the Digital New Deal.
metaverse

South Korean Govt shares strategic blueprint to become 5th biggest metaverse market globally

January 24, 2022
Samsung Introduces World’s First-ever MRAM Based In-Memory Computing
South Korea MSIT Data Dam began distributing AI data to multiple essential sectors to improve existing technologies and services, further advancing the Digital New Deal.
AI

Samsung Introduces World’s First-ever MRAM Based In-Memory Computing

January 27, 2022
SK Group forms ‘SK ICT Alliance’ for AI chip development
South Korea MSIT Data Dam began distributing AI data to multiple essential sectors to improve existing technologies and services, further advancing the Digital New Deal.
5G

SK Group forms ‘SK ICT Alliance’ for AI chip development

January 11, 2022
Kakao Brain builds image-generating AI model
South Korea MSIT Data Dam began distributing AI data to multiple essential sectors to improve existing technologies and services, further advancing the Digital New Deal.
AI

Kakao Brain builds image-generating AI model

December 16, 2021
No Result
View All Result

FREE NEWSLETTER

PRODUCTS

Most Popular

  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Top South Korean Tech Products to Look Out for in 2021

    0 shares
    Share 0 Tweet 0
  • 5 All-Time Best Rom-Com K-Dramas to Watch

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • Top 8 South Korean Mobile MMORPG to Watch Out For in 2021

    0 shares
    Share 0 Tweet 0
  • SKT Popularizes Social VR with Ifland Metaverse Platform

    0 shares
    Share 0 Tweet 0
  • Best Korean Dramas To Watch This 2021

    0 shares
    Share 0 Tweet 0
  • Coway Changes Name After Netmarble’s Aquisition

    0 shares
    Share 0 Tweet 0
  • KT Continues to Accelerate Its ‘Digico’ Transformation

    0 shares
    Share 0 Tweet 0
  • Netmarble to Launch The Seven Deadly Sins: Grand Cross Within the Year

    0 shares
    Share 0 Tweet 0
  • About Us
  • Account Page
  • application form
  • Cookie policy
  • Default Redirect Page
  • homepage
  • Login
  • login form
  • LogOut
  • Newsletter
  • Privacy Policy
  • Register
  • Reset Password
  • Sample Page
  • Subscription Plan
  • Terms of Use
  • test
  • test
  • testpage
  • TOS Page
  • Visitor Inside User Page

Copyright © 2021 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy|Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government

Copyright © 2021 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy|Contact : [email protected] |