• Artificial Intelligence Solution

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    Location: Seoul, Republic of Korea

    Specialized sector: Smart City, AI Technology, Disaster Management

    Company overview

    LightVision Inc., established in October 2018, is located in Seoul, and specializes in AI-driven disaster management solutions and smart parking systems. With over 100 patents applied based on AI technology, LightVision focuses on integrating urban disaster notification systems with CCTV-based parking control. The company is rapidly expanding its market, particularly in Europe, with a focus on large residential complexes and factories requiring disaster prevention systems.

    Problem overview

    Urban areas face growing challenges in managing disaster prevention and parking control effectively, especially in large-scale residential complexes and industrial facilities. Traditional disaster management systems often lack real-time capabilities and integrated solutions, while parking systems remain isolated from broader city management tools. This leads to inefficiencies and higher risks during disasters like fires, flooding, and severe weather.

  • Solution Overview

    LightVision offers an innovative solution that combines an AI-powered parking system with disaster management capabilities. Their system uses advanced AI models, such as CAM-based fire detection, U-Net for heavy snow/rain detection, and YOLO for flooding recognition, allowing for real-time urban disaster notifications. The platform also includes 24-hour unmanned control, providing a comprehensive solution for both parking management and disaster prevention.

  • Business Model

    LightVision operates on a B2B and B2G model, providing AI-based disaster and parking management solutions to businesses and government entities. The company has already localized its AI parking system for the Vietnamese market and is now looking to expand into Europe. The company aims to establish a local network in Europe by participating in exhibitions and securing MOUs and test beds for its solutions by the end of the year.

  • Competitive Landscape

    LightVision stands out due to its unique integration of AI-driven disaster management with parking control services. Their ability to offer customized, localized solutions and 24-hour unmanned control for urban disaster prevention gives them a strong competitive edge. Their partnerships with major players such as POSCO and international companies in Vietnam, Moldova, and Canada further bolster their credibility and potential for global expansion.

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