Flitto Achieves $7 Million Export Milestone with AI Data and Solutions
## Flitto Triumphs with 7 Million Dollar Export Tower Award! Proves Leadership in Global AI Market Flitto, an artificial intelligence (AI) data and solutions company, once again proved its unique competitiveness in the global market by rece...
## Flitto Triumphs with 7 Million Dollar Export Tower Award! Proves Leadership in Global AI Market
Flitto, an artificial intelligence (AI) data and solutions company, once again proved its unique competitiveness in the global market by receiving the '7 Million Dollar Export Tower' award at the 62nd Trade Day ceremony. This achievement, accomplished in just one year following last year's '5 Million Dollar Export Tower' award, signifies export performance reaching approximately 10 billion won and is a result of recognition for its contribution to overseas market development and export growth.
The key driving force behind this success was the increased overseas demand for language data and translation/interpretation solutions, driven by the explosive growth of the global generative AI market. Flitto built high-quality AI training data through its own platform and successfully supplied it to global big tech companies, thus driving its export performance.
Furthermore, Flitto's innovative AI translation and interpretation solutions also significantly contributed to driving performance. The simultaneous interpretation solution 'Live Translation' has proven its technological prowess by supporting real-time communication without language barriers at over 200 major global events, including Google, Meta, and Amazon Web Services (AWS). In addition, the conversational solution 'Chat Translation Enterprise' has been introduced not only at major transportation hubs like Seoul Station and Incheon International Airport but also recently at the APEC Senior Officials' Meeting, facilitating over 10,000 instances of multilingual communication annually.
Leveraging this award as a stepping stone, Flitto plans to expand its research and development (R&D) investments for advancing AI language data quality. Furthermore, it plans to further diversify its export portfolio through the launch of B2C translation and interpretation solutions incorporating hyper-personalization technology and the expansion of support for global events.
Lee Jung-soo, CEO of Flitto, stated, "I am very proud that our AI language data technology has secured demand in the global market and achieved significant results. Moving forward, through continuous technological development, we will break down language barriers and expand an AI ecosystem where everyone can communicate freely." Flitto will accelerate its efforts to lead the global market with its language AI technology and elevate the status of K-AI.
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