Initech and Hypernology officials pose for a commemorative photo after signing the Strategic Memorandum of Understanding (MOU) for AI Industrial Intelligence and Digital Security Technology Cooperation. Photo from left: Kyoo Hur, Head of Financial Sales Team at Initech. Mr. Shin Yong-ho, Head of Corporate Finance IT Department, Namhee Lee, CEO of Hypernology. Mr. Ryu Sung-gil, General Manager of Convergence Management Headquarters. Provided by Initech
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INETECH aims to expand the AI transformation (AX/AI transformation) market by partnering with AI specialist Hypernology.
INETECH (co-representatives Kim Cheol-gyun and Lee Eun-gil) announced on June 19 that it has signed a “strategic business agreement (MOU) for AI industrial intelligence and digital security technology cooperation” with Hypernology.
The agreement aims to accelerate AI-based business innovation beyond digital transformation in industrial settings by combining AI technology and information security expertise. It also aims to provide AI services that are both secure and easy to use for customers in the manufacturing, financial, and public sectors.
Hypernology is a specialist company that provides integrated solutions that use AI to analyze image and video data. The company applies AI vision technology to various fields such as quality inspection in the manufacturing industry, occupational safety management, and crack diagnosis in structures, and provides AX consulting and intelligent work process services that utilize AI.
INETECH has accumulated experience in operating system integration (SI) and application service provider (ASP) platforms mainly in the financial industry, and has built competitiveness in the financial IT services field. Through this partnership, the two companies will jointly advance AX projects in manufacturing, finance, and the public sector by combining Hypernology’s AI technology with Inetec’s security and financial IT expertise.
Based on this agreement, the two companies will: ▲ identify and jointly promote AI industrial intelligence projects; ▲ commercialize AI-based occupational safety and quality management solutions; ▲ collaborate on digital security and personal information protection technologies; ▲ jointly develop AI services with AX Consulting; and ▲ launch joint marketing activities for expansion into domestic and global markets.
As demand for quality control, safety management, and predictive maintenance using AI increases, especially in the manufacturing industry and public infrastructure, the two companies aim to provide highly reliable AI services that incorporate financial industry-level security technology and promote innovation in the industrial field.
Hypernology strengthens its competitive edge in smart manufacturing and industrial innovation by leveraging an AI vision-based industrial platform and integrated AI solutions. As a company specializing in AI, we also operate an AX transformation consulting business.
Hypernology CEO Namhee Lee said, “In the AI era, not only technical performance but also reliability and security are important competitive factors.Through our strategic partnership with Inetec, we hope to expand our AI-based innovation services that can be immediately introduced to industrial sites and lead the domestic and international AX market.”
“As AI technology becomes a key driver of industrial competitiveness, our partnership with Hypernology will enable us to deliver real-world results through integrated AI and security services. By combining the technological capabilities of both companies, we will contribute to our clients’ digital transformation and the creation of a secure AI environment,” said Shin Yong-ho, Head of Corporate Finance IT at INETECH.
The two companies plan to use this business partnership as a springboard to expand their joint business efforts focused on AI industrial intelligence, digital security, smart manufacturing, industrial safety, and public infrastructure.
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Inetec expects that its collaboration with Hypernology will enable it to secure differentiated AX solutions that combine AI technology and security features, thereby expanding its business presence in manufacturing, finance, and public sectors.
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