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Weraser was awarded the Grand Prize at 'Core Innovation Korea 2024', hosted by Kookmin Ilbo and Cookie News, in recognition of its innovation in logistics management and data processing.

Weraser's flagship platform 'WiseConvey' is an AI data management solution specialized for the logistics industry, improving work efficiency by automating document processing and data integration. WiseConvey processes all documents within 10 seconds using AI vision technology and specialized AI agents, while providing multilingual support and real-time integrated data management capabilities. Through this, they achieved a 90% reduction in document processing time and increased data accuracy to 99.9%.

In the existing logistics market, as the volume of document processing rapidly increased, errors and delays due to manual work persisted. Weraser's solution overcomes these limitations and provides efficiency suitable even for small and medium-sized logistics companies by reducing labor costs by 60-80% and decreasing error processing costs by more than 90%. This also accelerates the establishment of a paperless logistics environment.

Weraser has been recognized for its technological capabilities through CompanyD, JB Ventures, and the TIPS (Tech Incubator Program for Startup) program, and is gaining attention in the global market through participation in Nautilus Investment and OpenAI's global collaboration program. Additionally, headquartered at Chungnam Startup Marunavi, the company is establishing itself as an enterprise that coexists with the local community through nurturing local logistics startups, mentoring, cultivating AI technology talent, and creating jobs for young people.

With this award as a stepping stone, Weraser plans to lead digital innovation in the logistics industry and further expand its digital transformation solutions to strengthen the competitiveness of small and medium-sized logistics companies. The company also plans to contribute to local economic revitalization and environmental protection through the establishment of a smart logistics data hub.

Hyunjong Kim, CEO of Weraser, said, 'I established Weraser to solve the problems of the traditional logistics industry with AI technology, based on rich logistics industry experience gained at a shipping company,' and added, 'Based on more than 30 years of logistics expertise, we will become a leading company driving the digital transformation of global logistics.

This awards ceremony was conducted through recommendations from business support organizations in 17 cities and provinces nationwide and individual applications. On the 28th of last month, eight external experts, including academics, press, investment institutions, and patent attorneys, participated in a fair evaluation process.

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