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At the Global CES Media Meet-up on December 10, Spaid, a South Korean startup founded in late 2023, introduced its innovative AI-driven mapping solutions designed to significantly speed up the process of modeling large geographical areas. CEO Chongkul Yi presented the startup’s game-changing technology at the AVING News MIK Basecamp, showcasing its potential to revolutionize how businesses use location-based data.
Spaid’s primary offering is CYLO, a powerful data transformation engine that standardizes geospatial data, regardless of format or origin, allowing businesses to receive highly customized insights tailored to their specific needs. This engine, paired with advanced Geographic Information Systems (GIS), enables the creation of immersive 3D maps that offer detailed, real-time data on land, buildings, traffic, and demographics, enhancing decision-making processes across various industries.
The company’s Geo AI solution takes a step further, analyzing location-based data to identify anomalies and forecast potential responses, according to Interesting Engineering. Spaid aims to apply its technology across a variety of sectors, from smart cities and factories to agriculture, weather forecasting, and disaster response.
Spaid’s vision is to integrate these capabilities into real-time management systems, supporting applications such as digital twin management, real estate assessments, building energy optimization, and telecommunication resource management. To support this, Spaid has built specialized infrastructure to monitor GIS data in real-time.
According to Interesting Engineering, during the event, Yi noted that while the company’s technology can be applied to all types of imagery, the quality of results varies based on the resolution. For greater accuracy, he recommended using drone photos over satellite imagery. Spaid’s technology has already been successfully implemented in satellite imagery for national land surveying in Armenia and through Proof of Concept trials with major Korean telecom providers.
Looking ahead, Spaid has set its sights on expanding into the U.S. and ASEAN markets, with plans to showcase its innovative mapping solutions at CES 2025. Yi expressed optimism about potential collaborations with private space companies to access higher-quality data, underscoring Spaid’s commitment to driving advancements in geospatial technology globally.