Hyundai Engineering & Construction said on the 8th that it signed a "business agreement for joint development and application of smart safety technology for construction machinery" with HD Construction Equipment at its headquarters in Gye-dong, Jongno-gu, Seoul, on the 7th.
The agreement was pursued to strengthen safety management capabilities centered on construction equipment and to build a sustainable cooperation system based on the two companies' technological prowess and on-site operating experience.
The two companies plan to cooperate on: ▲ joint development of smart safety technologies applied to construction equipment such as excavators and review of on-site adoption ▲ technical consultations and standardization efforts to incorporate safety devices from the manufacturing stage ▲ establishment of demonstration and verification systems for smart safety devices.
A range of safety technologies tailored to work environments will be applied, focusing on excavators, a representative type of construction equipment. The two companies plan to introduce next-generation construction equipment incorporating artificial intelligence (AI), such as the Smart Around View Monitor (SAVM) and the Overload Warning Device (OWD), and will cooperate to create safer work environments.
The Smart Around View Monitor detects worker approach with an AI-based camera and provides 360-degree video in real time. It allows operators to see the surroundings of the equipment at a glance, reducing blind spots and helping improve work efficiency and concentration.
The Overload Warning Device detects a risk of equipment tipping during operations or an overload condition and warns the operator, helping prevent on-site safety accidents. Excavators equipped with next-generation safety technologies are scheduled to be deployed to sites sequentially starting in the second half of this year.
A Hyundai Engineering & Construction official said, "Through this agreement, we have secured a foundation to precisely manage risk factors at sites through smart safety technologies applied to construction equipment," adding, "We will push demonstrations focusing on key equipment with AI-based safety functions and gradually expand the scope of application to various trades and sites."
Hyundai Engineering & Construction is applying a variety of smart safety technologies at sites, including an AI-based safety monitoring system, remote-control tower cranes, wearable robots, and unmanned drone stations.