SEOUL, Sept. 12 (Korea Bizwire) – In an effort to minimize damage from localized extreme rainfall, Gangnam District in Seoul has launched a pilot program for an advanced flood monitoring and prediction system, local officials announced on September 11. The system, which combines artificial intelligence (AI) and Internet of Things (IoT) technologies, has been dubbed the [...]
DAEJEON, Jul. 19 (Korea Bizwire) – In a breakthrough that could revolutionize law enforcement, South Korean researchers have developed artificial intelligence technology capable of predicting criminal activity before it occurs. The Electronics and Telecommunications Research Institute (ETRI) announced on July 18 that it has created a system called Dejaview that analyzes CCTV footage, crime statistics, and [...]
SEOUL, July 28 (Korea Bizwire) — New technology has been developed that enables the prediction of inundation or flood risks on a grid basis without the need to install water level or rainfall monitoring stations. The technology, created by the Korea Institute of Construction Technology, calculates the flooding volume by inputting historical rainfall data from [...]
SEOUL, May 27 (Korea Bizwire) — Kyobo Life Insurance Co., one of South Korea’s leading life insurers, said Tuesday that it has started developing and operating its own insurance fraud prediction system that incorporates artificial intelligence (AI) machine learning technology. K-FDS (Kyobo Fraud Detection System) is a system that enables AI to learn insurance fraud [...]