Tag Archive for: startup

WI.Plat Wins Award for Innovation in Asset Management at SIWW 2024 TechXchange

 

Event Name TechXchange, Singapore International Water Week (SIWW 2024)
Date Jun 18(Tue), 2024
Venue Sands Expo & Convention Centre, Singapore

On June 18th, WI.Plat was awarded for its innovative technology in the Asset Management session at the Singapore International Water Week (SIWW) TechXchange, organized by PUB. This event showcased groundbreaking water-related technologies from 32 startups, each delivering a 3-minute pitch.

During the session, CEO Sanghoon Cha presented WI.Plat’s Intelligent Water Leak Management System, NELOW, which uses AI and IoT to address global NRW issues and promote sustainable water management. The presentation highlighted NELOW’s successful implementations in Indonesia, Vietnam, and Turkey.

WI.Plat’s contributions to water management solutions and industry innovation were acknowledged with this award. This recognition encourages us to continue developing solutions for global water management challenges. We are dedicated to advancing as an AI solutions company focused on efficient water and energy management worldwide.

 

[SIWW Social Media Channel]

Photo: Singapore International Water Week 2024

Photo: Singapore International Water Week 2024

Photo: Singapore International Water Week 2024

Photo: Singapore International Water Week 2024

Photo: Singapore International Water Week 2024

Photo: Singapore International Water Week 2024

Photo: Singapore International Water Week 2024

Photo: Singapore International Water Week 2024

Photo: Singapore International Water Week 2024

 

WI.Plat Signs 4 MOUs with Indonesian PDAMs for NRW Management at World Water Forum 2024

 

Event Name World Water Forum 2024
Date May 20 (Monday) – 25 (Saturday), 2024
Venue Bali Nusa Dua Convention Center, Bali, Indonesia
Organizer World Water Council, Indonesia

 

From May 20 to 25, 2024, WI.Plat made significant strides in advancing global water management solutions by signing four landmark Memoranda of Understanding (MOUs) with major Indonesian water utility agencies at the 10th World Water Forum in Bali, Indonesia. This pivotal event saw WI.Plat entering into strategic partnerships with PDAM Tirta Handayani (Gundung Kidul region), Perumda Tirta Kepri (Riau Islands), Perumda Tirta Kencana (Samarinda, East Kalimantan), and Perumda Tirta Musi (Palembang, South Sumatra). These MOUs are focused on deploying WI.Plat’s state-of-the-art Intelligent Water Leak Management System (NELOW) to combat Non-Revenue Water (NRW) issues and promote sustainable water management across these regions.

World Water Forum 2024: A Global Convergence

The World Water Forum is the preeminent global conference on water issues, convened every three years by the World Water Council to foster dialogue and raise awareness about critical water challenges. The 10th iteration of the forum in Bali featured an array of sessions and exhibitions that drew a massive turnout of approximately 13,448 participants from 148 countries.

WI.Plat: A Leader in Water Technology Innovation

WI.Plat was honored to be selected as one of the leading water technology innovators in the Korea Pavilion, organized by the Korea Water Forum (KWF). Throughout the event, WI.Plat showcased its groundbreaking technologies to a diverse audience, including high-profile water industry stakeholders from Indonesia, Qatar, Africa, Saudi Arabia, Australia, and beyond.

Expanding Horizons in Indonesia

Since 2020, WI.Plat has been at the forefront of addressing water management challenges in Indonesia through KOICA’s CTS Seed 0 and Seed 2 support projects. The company has collaborated with various Indonesian public water utilities (PDAMs) to emphasize the critical importance of NRW management and sustainable water loss solutions powered by innovative(AI) technologies.

Recent Achievements and Future Goals

WI.Plat recently concluded the successful implementation of the NELOW system and leak reduction projects in Surabaya, Bandung, and Cirebon under the KOICA CTS Seed 2 project. These projects were marked by impressive results, leading to a highly productive workshop where WI.Plat shared these achievements and strategized future NRW management initiatives with local stakeholders.

Looking ahead, WI.Plat is poised to expand its impact in Indonesia by forging additional MOUs with local PDAMs. By 2025, the company aims to significantly increase its footprint in Indonesia, undertaking even more extensive leak reduction projects to support the nation’s water sustainability goals.

WI.Plat’s dedication to reducing global water loss is unwavering. The company will continue to lead the charge in delivering innovative water management solutions worldwide, working tirelessly until the day comes when water loss is a thing of the past. Thank you for your continued support.

 

 

Successful Workshop Held in Indonesia to Share Outcomes and Discuss Collaboration of KOICA CTS Seed 2 Field Pilot Project

 

Event Name Sharing Achievements and Sustainable Solutions for Water Management in Indonesia

Theme Together, We Grow – From Seeds of Innovation to Forests of Change

Date  April 30, 2024 (Tuesday) – Workshop for Perumda Tirtawening (Bandung) and Tirta Giri Nata (Cirebon) / May 2, 2024 (Thursday) – Workshop for PDAM Surya Sembada Kota Surabaya (Surabaya)

Venue EL Hotel Sky Lounge (Bandung and Cirebon) – April 30, 2024 / Hotel Morazen Colibri Room (Surabaya)

 

Workshop Overview

On April 30 and May 2, 2024, WI.Plat successfully hosted the “Sharing Achievements and Sustainable Solutions for Water Management in Indonesia” workshops in Bandung and Surabaya. The workshops aimed to share the outcomes of the KOICA CTS Seed 2 project with key stakeholders and discuss future collaboration and strategies for Non-Revenue Water (NRW) management in Indonesia. The events were attended by representatives from Perumda Tirtawening (Bandung), Tirta Giri Nata (Cirebon), and PDAM Surya Sembada Kota Surabaya (Surabaya).

Opening Remarks

The workshops began with opening remarks from the heads of each invited organization, including Soni Salimi, Director of Perumda Tirtawening, Sopyan Satari, Director of Perumda Air Minum Kota Cirebon, and Ir. Arief Wisnu Cahyono, ST, Director of PDAM Surya Sembada Kota Surabaya.

Presentations by WI.Plat and SUPRA

Following the introductions, WI.Plat and their local partner, SUPRA, presented the NELOW system used in the field pilot projects, sharing its application and success in various countries, including South Korea. They also discussed the insights gained from the on-site operations and the key points to consider for future NRW reduction projects.

PDAM Representatives’ Contributions

Representatives from the NRW departments of each PDAM shared their experiences and challenges related to leak management in their respective cities. PDAM Surya Sembada Kota Surabaya announced plans for additional projects utilizing the NELOW system to enhance their NRW management.

Panel Discussion and Q&A

The workshops concluded with a panel discussion among the organization leaders, where they exchanged ideas on future advancements and effective NRW and leak management methods tailored to local conditions. A Q&A session allowed for in-depth discussions on specific management cases and practical solutions.

Workshop Outcomes

The local water utility representatives recognized the importance of leak management through the NELOW system and expressed their desire for ongoing collaboration. Both Bandung and Cirebon PDAMs indicated their intention to actively utilize WI.Plat’s system. WI.Plat aims to maximize the outcomes of the KOICA CTS Seed 2 project based on the feedback received from the local PDAMs.

Future Prospects

The KOICA CTS Seed 2 project notably focused on enabling local stakeholders to independently utilize the NELOW system with minimal on-site support from WI.Plat. The project successfully achieved a high accuracy rate (over 90%) in leak detection, with local NRW officials actively participating in leak detection activities, aligning well with the project’s objectives.

Indonesia remains a key market for WI.Plat’s international operations, rapidly adopting and applying the NELOW system. WI.Plat is committed to managing water loss globally with their innovative NELOW system and achieving greater results worldwide.

 

 
㈜위플랫 차상훈 대표이사는 13일 이승구 연구산학부총장을 방문해 충남대 창업지원단 창업지원기금 500만 원을 전달했다. 충남대 제공

On May, 13th, Sanghoon Cha, CEO of WI.Plat, visited Chungnam National University to deliver a 5 million KRW donation to Lee Seung-gu, Vice President of Research and Industry-Academia Collaboration, for the university’s Startup Support Fund. 

 

On May 13th, Sanghoon Cha, CEO of WI.Plat, visited Lee Seung-gu, Vice President of Research and Industry-Academia Collaboration at Chungnam National University, to deliver a 5 million KRW donation to the university’s Startup Support Fund.

WI.Plat, a company specializing in the development of intelligent leak management systems, has donated a startup support fund to Chungnam National University.

Sanghoon Cha, CEO of WI.Plat and a 1991 graduate of the Department of Mechanical Engineering, visited Vice President Lee Seung-gu on the 13th to deliver a 5 million KRW donation to the university’s Startup Support Fund.

CEO Sanghoon Cha stated, “As our company has rapidly grown with the help of Chungnam National University’s Startup Support Fund, I wanted to express my gratitude and set a positive example for future startup companies, which led me to make this donation.”

Originally launched as an in-house venture of Korea Water Resources Corporation (K-water), WI.Plat is a venture company that provides the ‘Intelligent Leak Management System (NELOW)’ based on IoT, artificial intelligence, and cloud technologies.

WI.Plat offers a smart leak management solution optimized for water supply leaks using an AI-based model. Since its inception, the company has supplied its system to K-water and local governments in 23 regions across South Korea and is currently conducting leak reduction projects in eight countries worldwide.

Copyright © Daejeon Ilbo. Unauthorized reproduction and redistribution are prohibited. (Original article link: Daejeon Ilbo)

WI.Plat Selected as Participant for Daejeon City’s 3rd D-Unicorn Project

 

WI.Plat has been selected as a participant in the 3rd cohort of Daejeon City’s D-Unicorn Project. On the 14th, Daejeon City presented plaques to the selected companies at the D-Unicorn Lounge.

The companies selected for the 3rd D-Unicorn cohort include WI.Plat, iBeam Technology Co., Ltd., Ingenium Therapeutics Co., Ltd., Triore Co., Ltd., Blue Tile Lab Co., Ltd., DataMaker Co., Ltd., bHaptics Co., Ltd., Lucent Block Co., Ltd., Qnova Co., Ltd., and Niva Corporation Co., Ltd.

What is the D-Unicorn Project?

The D-Unicorn Project is a program initiated by Daejeon City to identify and nurture promising local SMEs into mid-sized anchor companies. Launched in 2022, this project annually selects up to 10 promising companies and provides them with tailored growth programs. The aim is to foster their growth through focused support that matches the companies’ stages of development and specific needs.

Background of WI.Plat’s Selection

WI.Plat has been developing innovative technology aimed at sustainable water use through an intelligent comprehensive leak management system. The successful results of their pilot project in Indonesia and the recognition of their technological prowess both domestically and internationally led to their selection for the D-Unicorn Project.

Key Features of the D-Unicorn Project

  • Tailored Growth Programs: Support for company growth through various programs customized to the specific conditions, characteristics, and development stages of each company.
  • Business Space Provision: Selected companies are given priority access to the D-Unicorn Lounge, a dedicated business space.
  • Network Building: Support through networks with venture capital firms and government research institutions in Daejeon for technical and managerial consulting.
  • Investment Attraction and IR Support: Opportunities to attract investment through investment briefings linked with venture capital firms in the Seoul metropolitan area and other regions.
  • Financial Support: Up to 90 million KRW in funding for scaling operations and exploring global markets.

The D-Unicorn Project by Daejeon City announces its selection and application process annually in March, selecting around 10 companies. The selected companies can participate in the project for three years. For more information, you can contact the city’s Startup Promotion Division.

WI.Plat is expected to grow even faster with the support of Daejeon City through the D-Unicorn Project. We will continue to provide sustainable water management solutions through innovative technology development and application.

WI.Plat’s selection lays the foundation for further advancement in the field of sustainable water management technology. We ask for your continued interest and support.

Images are from Shinailbo original article

 

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WI.Plat Presents Innovative Water Management Solutions at AVPN Global Conference 2024

Event  AVPN Global Conference 2024
Session  Impact Live: Driving SDG Advancement through Technology and Innovation
Date  April 23, 2024 (Tuesday)
Venue  Salon 1, Park Hyatt

From April 23 to April 25, 2024, WI.Plat participated in the “Impact Live: Driving SDG Advancement through Technology and Innovation” session, hosted by KOICA at the AVPN Global Conference in Abu Dhabi, UAE. As a representative startup from the KOICA CTS program, WI.Plat presented its innovative water management solutions.

AVPN, the largest annual conference for impact investors and social innovation organizations in Asia, has been held since 2013. This year’s conference, themed “One Asia, One Future,” was the first to be held in the Middle East and gathered over 1,300 philanthropists, impact investors, corporate executives, policymakers, and researchers for vibrant discussions.

During the session hosted by KOICA, various startups that solve social and environmental challenges in developing countries through innovative technologies under the KOICA CTS program were showcased. WI.Plat presented its project on developing an intelligent water leak management platform in Indonesia, which has been ongoing from 2022 to 2024, aiming to improve efficient water resource management.

The KOICA CTS (Creative Technology Solutions) program aims to apply innovative ideas and technologies from startups, social enterprises, and innovators to international development cooperation, addressing complex development challenges and enhancing the effectiveness of aid projects to ultimately contribute to achieving the SDGs. (Source: KOICA official website)

KOICA plans to start the application process for the 2025 CTS program in June, with more details available on the KOICA website.

WI.Plat is proud to demonstrate the tangible impact of its technology in developing countries and is committed to expanding its solutions to more regions in collaboration with KOICA. The conference reaffirmed the importance of technological innovation on the global stage, and WI.Plat will continue to strive for a sustainable future.

 

4th Anniversary: Speech, Team Games, Cake, Teamwork, Growth

 

Event Name WI.Plat 4th Anniversary Celebration

Date March 4, 2024 (Monday)

Venue WI.Plat Headquarters and Local public field

March 3, 2020, marked the founding day of WI.Plat.

Every year, on the anniversary of its founding, WI.Plat expresses gratitude to its employees by hosting a celebratory event.

This year’s 4th-anniversary celebration event took place on Monday, March 4th. It began with a commemorative speech by CEO Sanghoon Cha, followed by safety management training for safe site activities and team-building indoor and outdoor games.

During the CEO’s anniversary speech, gratitude was expressed to all employees who have been part of WI.Plat’s journey from its inception to the present. A cake-cutting ceremony was held to celebrate WI.Plat’s four years of success and to look forward to a brighter future together. For this special occasion, WI.Plat illuminated the event with a cake featuring the popular strawberry si-ru cake from the local bakery, Sungimdang.

As the indoor and outdoor recreational activities commenced, the initially unfamiliar atmosphere quickly turned into one of spirited competition driven by passion. Team-based relay word games, shuttlecock kicking, flipping tiles, and a variety of other fun indoor games were enjoyed by all participants. Particularly, a game inspired by the TV show, where participants had to complete designated missions while blindfolded with a cockle hat, brought laughter and joy to everyone.

While WI.Plat has typically organized indoor activities to foster creativity during internal events, the opportunity to engage in outdoor activities brought about an energetic day for all. WI.Plat pledges to continue growing relentlessly to ensure that both existing employees and new additions will share in the future anniversary celebrations.

Thank you.

 

Check the article of WI.Plat’s 3rd Foundation Anniversary Event!