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[2023 AMWC Preview] INEEJI helps reduce industrial electricity and energy costs based on AI prediction solution
Date 2023.06.12.View 1,113

[Observation Point] Predictive guidance solution that supports optimal process operation


Founded in 2019 with the vision of providing an artificial intelligence service that provides the most accurate predictions in the world, INEEJI is based on eXplainable artificial intelligence (XAI) prediction technology to provide technology for steel, oil refining, chemicals, and cement. It contributes to reducing industrial electricity and energy costs and improving productivity and quality through process optimization within various manufacturing industrial processes.

Currently, INEEJI is focusing on process optimization for electric furnaces and heating furnaces in the steel process, and optimizing the kiln process in the cement manufacturing process, starting with the process optimization artificial intelligence prediction solution 'INFINITE OPTIMAL SERIES™', as well as chemical and We are supplying solutions to various industries, including striving to optimize oil refining processes.

Recently, in recognition of its AI-related technology and usability within the industry, it was selected as first place at the 2023 International Artificial Intelligence Competition & AI Technology Award, the largest event in Asia, and received the Minister of Science and ICT Award.

Jaesik Choi, CEO of INEEJI, said, “The Infinite Optimal Series, a process optimization AI guidance solution, can be introduced with a small amount of data, and is convenient to use as the solution can be introduced while continuing process operation without installing separate equipment or systems.” , “In particular, it is the world’s best AI prediction solution recognized by NeurIPS, the most authoritative society in the machine learning field.”

AI-utilized process optimization support

INEEJI noted that after the significant increase in electricity rates in the first quarter of this year, additional electricity rate increases are becoming a reality, and interest in reducing industrial electricity costs is growing along with concerns about rising electricity prices for several months. In addition, it was reported that the need for optimizing process operation and promoting smart factories is increasing in the manufacturing industry due to the increase in industrial electricity rates and the continued rise in prices of steel and cement raw materials.

In addition, reliability issues with AI-related solutions or services, such as lies, bias, lack of consistency, and safety issues, including hallucination, a huge artificial intelligence development problem such as ChatGPT, are constantly being raised. Related problems are not easy to solve in a short period of time, and there are cases where people must make value judgments on their own. Accordingly, the need for explainable artificial intelligence is growing, and interest in its use in industrial sites is increasing, INEEJI explained.

CEO Jaesik Choi said, “INEEJI quickly grasps the current situation and trends and supports process optimization, electricity cost reduction, and carbon neutral in the company’s product manufacturing process based on the INFINITE OPTIMAL SERIES™.” He added, “Also, through the solution, we are supporting corporate ESG and SDGs.” “Not only are we helping with management, but we also have know-how related to predicting process variables and artificial intelligence prediction accuracy technology accumulated based on the various project experiences we have undertaken so far,” he emphasized.


Plans to introduce flagship product ‘INFINITE OPTIMAL SERIES™

INEEJI plans to mainly showcase the Infinite Optimal Series, an explainable AI-based process optimization prediction guidance solution, at the 2023 Autonomous Manufacturing World Congress (AMWC). The solution analyzes and predicts data on various process variables within the process and guides users on the optimal process operation method.

The INFINITE OPTIMAL SERIES™, an advanced explainable artificial intelligence prediction solution, consists of three models: △AI prediction-based solution 'PREDICT' △AI driving-based automatic control solution 'EXPLAIN' △Predictive AI solution 'COSTSAVER' that helps improve product spread. , companies can apply the solution to maximize production profits by reducing energy in the process, increasing production, and stabilizing quality.

Additionally, at the conference held during the AMWC period, INEEJI CEO Jaesik Choi and Director Yoonseok Jang will also hold a seminar on process optimization and smart factory realization through artificial intelligence solutions. AMWC visitors are expected to be able to hear about the introduction of artificial intelligence solutions in actual manufacturing sites as well as various experiences regarding their effectiveness.

CEO Jaesik Choi said, “At the INEEJI booth set up in the 2023 AMWC, you can see actual application cases for reducing industrial electricity costs and increasing average production and quality through process optimization.” He added, “In addition, the screen interface configuration for the Infinite Optimal Series solution and “You can also listen to explanations about product features,” he said.

Policy to secure market competitiveness and continue technological development

Currently, INEEJI has established a Japanese branch, completed trademark registration and overseas applications, and is building a sales network through partnerships with major local SI companies. In particular, INEEJI is actively carrying out business, including △securing a base in Japan and signing partner contracts △continuous customer management through direct sales to end-users △discussing project promotion with iron, steel, and cement companies in the Tokyo and Osaka regions. I'm doing it.

In terms of technology development, there are plans to develop an AI-based manufacturing facility performance management (APM) system in the future, and efforts are being made to expand the field from the process optimization and predictive maintenance AI solutions that are currently in place to achieve the goal. Accordingly, research and development is underway to complete end-products such as interface software that provides explanations for prediction and performance optimization and cloud services of an XAI-based facility performance management system.

CEO Jaesik Choi said, “Based on the solutions we have, we plan to continue to expand our business in the domestic and Japanese markets in the second half of this year,” and added, “We plan to continue developing technology and play a bigger role in the global market in the future.”

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