ESTsoft (CEO Chung Sang-won), a company specializing in AI services, announced on the 17th that it has won the Innovation Award — a Minister of Science and ICT award — at the '2024 World IT Show'. Korea's largest information and communications technology (ICT) event, the World IT Show is hosted by the Ministry of Science and ICT and sponsored by the Ministry of Trade, Industry and Energy. This year's slogan was 'AI creating everyday innovation', with major companies leading Korean industry taking part in numbers, including Samsung Electronics, Kakao and SK Telecom.
The Innovation Award ceremony was held alongside the opening of the World IT Show. The award goes to the finest products and new technologies developed in Korea within the past two years, chosen from among the products small and medium-sized companies exhibit at the show.
ESTsoft won the Innovation Award for the polished quality, excellent performance and globally competitive commercial potential of 'PERSO LIVE', its real-time conversational AI human service that is approaching monetization.
The award recognized both the technical excellence of an AI human that answers in real time in combination with a large language model (LLM) and recognizes and interprets speech in around 100 languages, and the economic value it can create in the generative AI market.
At the 'New Product and New Technology Presentation' on the 18th, Byun Kye-pung, Executive Director of ESTsoft's AI Business Division, will present 'PERSO LIVE'. The opportunity was given to just eight companies selected as promising innovators, and is intended to help them find partners and investors.
ESTsoft is showcasing a range of AI services including AI humans over the course of the exhibition. It is running its own booth throughout the event, introducing its main services — conversational AI human kiosks, AI human video production, AI senior care and AI image exhibitions.
ESTsoft CEO Chung Sang-won said on receiving the award: "It is very meaningful to have the technical excellence and economic value of ESTsoft's AI human services recognized in this way," adding, "We will do our utmost as a leading company so that AI humans deliver rich value to humanity."