LX struck an MOU with Naver Cloud and Naver Labs to expand the overseas digital twin business on July 3 at Naver headquarters, in Seongnam City, Gyeonggi-do.
On the same day, LX President Kim Jung-yeol, Naver Labs President Seok Sang-ok and Naver Cloud President Kim You-won agreed to continuously cooperate on efforts to enter the global market by exploring and implementing the spatial information business using the digital twin-based LX platform.
In January, LX was designated as a digital twin territory platform institution by the Ministry of Land, Transport and Infrastructure. LX has so far supported scientific decision-making by building the LX platform, which is capable of building, analyzing and simulating using digital twin to become the first public entity in Korea.
The LX platform specializes in 10 administration utilization services, such as spatial analysis based on topography and visibility, 3D automation function and stream monitoring based on open-source environment and nine special services, such as floating population and traffic volume analysis, to solve diverse urban and territory issues.
Naver Cloud and Naver Labs have been implanting diverse projects in Korea and abroad by developing on their own ‘ALIKE’ solutions designed to build digital twin using aerial photos and AL algorism.
LX, in cooperation with Naver Cloud and Naver Labs, supports building of K-smart infrastructure, a Korean private-public one team Korea project, while encouraging the private sector to explore overseas markets.
Park Kun-soo, Director General for Spatial Information Policy at MOLIT, said, “Under the MOU, K-spatial information will be reborn into a core infrastructure in an era of digital transformation.” He said the government plans to offer full support to explore the overseas digital twin market.
LX President Kim said, “The three institutions will be reborn into a one team and offer full support to export digital twin-based LX platform abroad and become a pump-priming for the private sector’s overseas market entry.”
‘Standardization and Integrated Operation Regime Required for Digital Twin of National Road Network’
Experts proposed making of national road networks into digital twin-based ones to drive the future mobility era, standardization and integrated operation regime focusing on the cadastral registry to step up the trends and the revision of the Road Act.
Making of road networks into digital twin-based ones is a national state agendum of building a nationwide road integrated information system by digitalizing the cadastral registry.
Rep. Kang Dae-shik and MOLIT hosted a symposium on the building of the national road digital twin designed to brace for the future mobility era at the Parliamentary Museum on May 31.
The event was organized jointly by Korea Institute of Intelligent Transport Systems, Korean Society of Road Engineers and LX.
Participants of the symposium expanded common ground on digitalizing the cadastral registry.
In his opening speech, Rep. Kang said, “The road sector in the spatial information industry, like digital twin and self-driving is a core part of a new world that we’ve never experienced, and full support will be provided so the national road networks can be a core infrastructure of future mobility based on spatial information, reflecting Korean and international top experts’ views.”
Chairman Kim Ki-hyun of the ruling People Power Party (PPP) said, “Road networks through digital twin will drive the future mobility industry, such as self-driving by building roads and infrastructure facilities into spatial information and properly reflecting real-time information on their maintenance.”
Key-note speakers at the forum shared the view that digital twin-based national road networks should be built as soon as possible.
Kim Bong-seop, head of the Future Technology Innovation Center at KIAPI, and Director Park Jang-bin, in charge of ITS at the Transportation Information Operation Department of the Incheon Metropolitan City government, spoke on Daegu’s self-driving operation zone and Incheon’s use of road transportation digital twin.
At a debate session, chaired by Prof. Oh Young-tae of Aju University, experts agreed on the need for data standardization and integrated operation management system to build road network digital twin.
Prof. Park Sin-hyung of University of Seoul said, “The importance of digitalized roads hinges on standardizing of data, and the government’s provision of the road registry in a standardized format would raise utilization by renewing the latest information.”
An expert spoke about substantiating the building of a national road network digital twin.
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