ESTsoft (CEO Chung Sang-won), a company specializing in AI services, announced on the 6th that it has been selected as a supplier for the 'AI Voucher Support Program' organized by the National IT Industry Promotion Agency (NIPA), and has begun recruiting companies that need its AI solutions in earnest.
The AI Voucher Support Program was created to foster AI companies and accelerate digital transformation in industry by providing vouchers with which organizations needing AI technology can purchase and use AI solutions.
Through the program ESTsoft will provide participating companies with AI solutions worth up to KRW 300 million. It is limited to Korean small and mid-sized companies, and applications are accepted after an enquiry and consultation with ESTsoft, until 3 p.m. on the 30th.
ESTsoft has been selected as a supplier for the AI Voucher Support Program since it began in 2020, and last year was named an outstanding company after delivering real business results. This year it is providing a range of commercialized AI solutions centered on AI virtual humans, including virtual fitting and image search and recommendation.
AI virtual humans are currently used across industries including finance, education and exhibitions. In December last year the company built a filming studio inside its headquarters to Korea's highest specifications, capable of 8K — the highest resolution currently available — for highly advanced AI virtual humans, and completed a one-stop AI virtual human production process, raising the solution's quality.
AI virtual fitting is likewise a commercialized solution, running successfully within the company's eyewear virtual fitting commerce brand 'ROUNZ'. The company also plans to make available through the program the AI technologies it offers to the commerce market in connection with that solution, such as similar image search and recommendation.
ESTsoft CEO Chung Sang-won said: "ESTsoft's AI solutions, proven in the field, are already running successfully across a range of sectors," adding, "We will provide active support through this AI Voucher Support Program so more Korean small and mid-sized companies can improve their business results by adopting AI."
ESTsoft's AI capability is recognized at home and abroad. It recently took overall victory in the three-year Artificial Intelligence Grand Challenge hosted by the Ministry of Science and ICT, and has produced notable research results including papers accepted at ICLR (International Conference on Learning Representations) and ICML (International Conference on Machine Learning), two of the world's three leading AI conferences.