Alte A Sets New Record: 300% Annual Growth for 3 Years with 'Alt Safe'

Alt-A, an innovative company specializing in AI-based traffic solutions, has recently garnered significant industry attention by achieving a remarkable 300% sales growth for three consecutive years. In particular, the company boasts unrivaled expertise in solving complex traffic problems that arise in urban "last-mile" sections. At the core of Alt-A's success is its flagship product, 'Alt Plus'. This edge AI solution intelligently utilizes existing CCTV infrastructure to dramatically improve traffic flow in private properties such as apartment complexes and logistics centers, as well as in narrow alleyways. After 8 years of on-site verification, it has proven stable 24-hour operation and outstanding effectiveness, which in turn leads to a safer and more efficient urban environment. Currently, Alt-A's innovative solutions have successfully been implemented in five districts of Seoul, as well as in major areas of Gwangju, Incheon, and Gyeonggi Province. This rapid expansion is attributed to the differentiated technological prowess of 'Alt Plus' and its optimized service capabilities for last-mile environments. Alt-A adopts a modular development approach, allowing it to flexibly provide cost-effective customized solutions tailored to individual customer needs. Notably, its selection as an innovative product by the Public Procurement Service last June opened the door for direct contracts with local governments, solidifying its trust and competitiveness in the public sector. Lee Tae-woo, CEO of Alt-A, presented a strong vision for future growth. The company is currently on the verge of signing contracts with five new clients, and has announced the establishment of a dedicated organization for more systematic customer management. Furthermore, Alt-A is preparing for an assertive entry into the smart city B2B market, planning to expand its business into extensive areas such as smart streetlights and building energy management, with the aim of becoming a leader in building key infrastructure for future cities.