On November 25, UNIST and Ulsan City proudly celebrated the graduation of 35 participants during the ‘7th Completion Ceremony for the AI Novatus Academy Ulsan Course,’ held at the AI Innovation Park.
This course is designed to introduce cutting-edge AI technologies aimed at fostering innovation within Ulsan’s manufacturing sector. It focuses on cultivating skilled professionals equipped for practical application in industrial environments.
The completion ceremony welcomed 55 attendees, including graduates from leading local companies such as Hyundai Heavy Industries and Samyang Corporation, city officials, and UNIST professors. Over five months of training, which began in July, participants explored how to effectively integrate AI technology into their workplaces.
Notably, trainees engaged in thorough research to develop practical solutions for industry-specific challenges through AI application.
HD Hyundai Mipo Dockyard Co., Ltd. achieved a 9% reduction in costs by optimizing cable routes within vessels, leading to a decrease in the size and expense of support structures while slightly increasing cable length. The company also developed a process simulation model based on workload analysis, showcasing the potential for AI-driven smart process management.
Neonent Co., Ltd. analyzed injection process data to reduce defect rates to 6% and shorten setup times from 30 minutes to just 10 minutes, potentially saving over 400 million won annually. They further introduced an AI-based automatic control system, highlighting AI’s applicability in the precision casting industry.
BNK Gyeongnam Bank leveraged machine learning to enhance loan prediction accuracy and identify potentially problematic applications. The AI model implemented significantly mitigated risks, demonstrating AI’s viability in the financial sector.
Taehwa Environment Co., Ltd. developed a predictive system utilizing AI technology to reduce nitrogen oxides in the petroleum refining process, potentially slashing facility investment costs by around 1.4 billion won while promoting AI-driven environmental protection across the industry.
Korea National Oil Corporation (KNOC) analyzed safety accident data to forecast risk factors and established a risk response system integrated with chatbots, contributing to enhanced workplace safety measures.
Director Seungjun Yang of AI Innovation Park delivered congratulatory remark at the ceremony. l Image Credit: AI Innovation Park
“Through this training, AI technology has generated tangible results in productivity enhancement, cost reduction, and quality improvement within corporate settings,” stated Director Seungjun Yang of the AI Innovation Park. “UNIST is committed to accelerating the digital transformation of industries in Ulsan and reinforcing their competitive edge.”
Since 2021, the UNIST AI Innovation Park has been providing AI education to companies in Ulsan. To date, 90 companies have participated, producing 210 graduates who are now effectively implementing AI technologies in their operations.
