2024 Gyeonggi Startup Summit featuring IT Tech’s booth. On the right is CEO Dong-Ro Kim
IT Tech (CEO Dong-Ro Kim) is a deep tech company that develops AI-based livestock management technologies and smart farm IoT solutions, leading innovation in the livestock industry.
Their AI CDS (Cattle Abnormality Detection System) integrates thermal and RGB cameras into an on-device AI system that monitors livestock around the clock for signs of heat, calving, flipping, and potential heat diseases, significantly enhancing farm productivity.
At the South Summit 2024, IT Tech reached the finals in the deep tech category, showcasing its AI CDS capabilities and gaining international recognition for its livestock detection AI technology.
IT Tech has also been recognized for its technology by being selected for the 2024 ICT Convergence Field Application Project by the Korea Agricultural Technology Promotion Agency and the 2025 New Technology Distribution Project by the Rural Development Administration. This affirms its significant role in the smart agriculture ecosystem and sets the stage for competitiveness in the global market.
The company has secured government projects such as the Deep Tech TIPS and R&D from the Ministry of SMEs and Startups, accelerating the integration of agriculture and livestock industries through AI-based solutions and contributing to productivity enhancements.
AI CDS System | Image by IT Tech
IT Tech is also making strides internationally. They have signed NDAs and MOUs with Japan’s UNI Electronics and are collaborating with ZEN-NOH on a POC (Proof of Concept) in Japan. They plan to finalize an AI CDS supply contract at J-AGRI 2024 Tokyo in October. In November, they will debut their AI-based livestock monitoring technology at EuroTier 2024 in Hannover, Germany, one of the world’s largest livestock exhibitions, proposing their K-Farm technology as a potential alternative to traditional European livestock monitoring systems.
Additionally, IT Tech is scheduled to present its AI CDS at Slush 2024 Helsinki, where it aims to attract investors during meetings at this global startup and tech conference. This event offers IT Tech a significant platform to showcase its innovative technology to a worldwide audience.
Pangyo Techno Valley is a global integrated R&D hub focused on IT, BT, CT, and NT, integrating Research (R), People (P), Information (I), and Trade (T). As Gyeonggi-do’s representative innovation cluster, Pangyo Techno Valley was established to secure national new growth drivers such as technological innovation, human resource development, job creation, and enhancing international business competitiveness. As of 2023, 1,666 companies employ 78,751 people, and it has positioned itself as the most innovative hub in South Korea, with sales amounting to 167.7 trillion KRW (125.5 billion USD).
Furthermore, the Techno Valley Innovation Division of the Gyeonggi-do Business & Science Accelerator (GBSA) holds monthly events such as the Pangyo Evening Meet-Up, Pan-Pan Day, and the Pangyo Startup Investment Exchange “In-Best Pangyo” to maximize the value of Pangyo Techno Valley. They also support the Pangyo Overseas Promotion Program to publicize information about Pangyo’s companies, products, and services to domestic and foreign investors and the media, thereby facilitating foreign investment.
