AimBe lab will lead a big change in the livestock ecosystem
[Lam International = Reporter Minji Kim] "It is the basic attitude of our team to have the right direction, repeat quick failures and quick successes, and contribute positively to the people around us."
Byung-soo Go, CEO of AimBe lab, spoke about his management philosophy in his recent interview with Ram International. 'AimBe lab', led by CEO Go, is a solution development company based on data analysis such as artificial intelligence (AI) and big data, and was established in April of last year.
AimBe labs gathered experts from each field who have already developed a number of solutions and have successful commercialization experiences. It was selected as a top 10 company in an agrifood startup contest organized by the Ministry of Agriculture, Food and Rural Affairs six months after its founding last year, and it is growing fast enough to enter overseas markets, including a venture company and ISO 9001 certification.
CEO Go introduced, "We are currently developing solutions that can optimize livestock feed management and order/delivery processes using the Internet of Things (IOT) and AI, and the market response such as cooperative farms is good." By attaching Aimbiran's IOT device to the feed bin, farmers can track the remaining feed and feeding status in real time anytime, anywhere, and automatically order the optimal timing and amount.
"Livestock farmers can save labor and save money," he said. "By lowering the introduction cost to the existing 50% level, the burden on farmers has been relieved." “If our solution is applied, it will increase operating profit by optimizing the work process of not only farmers but also feed companies, and furthermore, it will lead to a significant impact on stakeholders and the entire livestock ecosystem by creating effects to reduce carbon emissions and prevent the spread of livestock infectious diseases "We can make it," Go analyzed.
In fact, the primary industry is already rapidly shifting from the existing rice crop center to the livestock center. According to the Korea Rural Economic Institute, in the case of Urana, the rice market, which is currently 9 trillion won, will shrink to 7.3 trillion won by 2029, but the livestock market of 12.4 trillion won is expected to grow to 16 trillion won.
The number of livestock continues to increase worldwide, and the number of feed bins is also increasing accordingly. In the case of Vietnam, feed utilization infrastructure is rapidly being established, with 20 feed factories established locally by leading feed companies such as Korea and Thailand.
CEO Go said, "These market trends and growth are creating conditions for our solutions to be applied in the global market. We are preparing various attempts with our cooperative partners based on our achievements so far."
CEO Go also had difficulties in the early days of his founding. CEO Go said, "Before I started my business, I served in the military for 11 years, but after I was discharged, I realized it even more. The organization protects its members, and has proven manuals, manpower, and resources."
In contrast, when I first started my business, I had to start everything by myself without any of these things. "What to do, where to go and whom to meet, in what direction and at what speed to go, it was often painful and scary to decide for yourself," he recalled.
However, in the process, the experience of meeting mentors, teammates, and cooperative partners was different from what they felt within the organization, Go said. He said, "It was a meaningful experience where I felt a sense of accomplishment and a sense of vocation when the work I pursued with my colleagues returned with great achievements.
Thanks to these efforts, it is receiving a good response not only in Korea but also in overseas markets.
CEO Go said, "We are communicating with many companies in Europe, North America, and Southeast Asia." As a partner, we signed an MOU. This proved our success in the global market that we first planned, and it was meaningful.”
In his future plans, he said, "This year, we are aiming to acquire partners and enter the market in the growing Southeast Asia market as our short-term goal." He said, "We are pursuing future growth with a plan to build a smart livestock cluster based on the consumption pattern of feed and a business model that expands to a comprehensive livestock platform and a modularized smart livestock franchise." Rather, it will enable data-driven decision-making, which will have a positive impact on the sustainability of the primary industry and the livestock market.”
Source: Lamb International (http://www.lamb.international/news/articleView.html?idxno=1395 )