Ulala LAB (Chief Hak Ju Kang), which is a savvy manufacturing plant stage organization, declared that it has been granted the main prize on SME (Little & Medium Venture) segment at ‘ITU World Telecom 2016’ held in Bangkok, Thailand from fourteenth to seventeenth.

In this occasion, directed by an UN Specific Office called ITU, 17 government offices and 250 exhibitors and in addition roughly 8,000 participants from 136 countries around the world had taken an interest. The main prize on Worldwide SME that Ulala LAB had gotten is a prize of the most noteworthy expert, in which it is granted to SME & startup that had displayed the most inventive arrangement in light of Data and Correspondence Innovation. In this manner, it implies a considerable measure for startup, for example, Ulala LAB.

At ITU World Telecom, Ulala LAB exhibited around 170 various types of sensors and in addition wimfactory stage where it is consolidated with self-created IoT gadget called WICON and incorporated administration framework for brilliant manufacturing plant called WIM-X. This administration has picked up notoriety for its predominance as an ease, high productivity stage that can be used solely by little and medium assembling organizations that constitute over 80% of the worldwide assembling industry.

Wimfactory screens the state of manufacturing plant and creation offices progressively, and it gives a forecast of breaking down and in addition its notice keeping in mind the end goal to enhance effectiveness in the generation through boosting the nature of product offering and checking the rate of surrender and glitch. Furthermore, it gets a gigantic consideration since wimfactory makes it conceivable to manufacture a shrewd industrial facility in a brief timeframe with a cost short of what one tenth of what it costs for huge organizations to fabricate savvy processing plant, which can cost from many millions up to a few hundred billion won.

Hak Ju Kang, Chief from Ulala LAB, said that “I think all the diligent work at last gets paid off in the wake of winning the principal prize honor at ITU World Telecom where more than 8,000 participants from 136 countries around the world participated. Later on, I will incorporate my organization with a worldwide Shrouded Champion in the field of brilliant processing plant.”

In the interim, Worldwide SME part is continued by a fair-minded and strict which comprise of two stages. Fifteen worldwide SME & new businesses had been chosen after the main period of careful examination of reports. What’s more, after the second period of introduction and Q&A before the boards from each field, the organization that had the most creative arrangement had been chosen as the prize winning organization.