January 24, 2024
AIMATICS announced on January 24 that it signed a memorandum of understanding (MOU) with Thailand’s Grace Products to introduce AI-based traffic accident management systems.
The signing ceremony was held at AIMATICS’ Bangkok office, with representatives from both companies in attendance, as well as officials from the Thai National Assembly and related organizations. The event included discussions on strengthening cooperation to bring advanced safety products and solutions into Thailand.
Through this agreement, AIMATICS will supply its AI video recognition cameras and safety platforms to improve driver monitoring and road safety in Thailand. The system analyzes driving data using AIMATICS’ proprietary AI algorithms, enabling faster and more reliable accident prevention services.
Grace Products plans to integrate AIMATICS’ AI-powered video analysis technology into its transportation services, expanding deployment across various sectors to provide enhanced road safety solutions throughout Thailand.
AIMATICS CEO Lee Han-oh stated, “Southeast Asia is a key region where demand for AI camera-based safety services is growing rapidly. This partnership with Grace Products is especially meaningful as it helps us strengthen our presence in Thailand. Through this collaboration, we plan to expand our AI-based driver safety business across Southeast Asia.”
Source: Asia News Agency (아시아N)