Hyundai Engineering & Construction (000720.KS) is introducing construction equipment equipped with artificial intelligence-based smart safety technology to strengthen safety management at construction sites.
Hyundai E&C said Thursday that it signed a memorandum of understanding with HD Hyundai Construction Equipment on "joint development and application of smart safety technology for construction machinery" at its headquarters in Gye-dong, Jongno-gu, Seoul, on Wednesday. The two companies will strengthen equipment-centered safety management capabilities and build a sustainable cooperation framework based on their respective technological expertise and field operation experience.
The agreement covers joint development and on-site deployment of smart safety technology for construction machinery including excavators, technical consultations and standardization efforts to incorporate safety devices from the manufacturing stage, and establishment of a system for verifying and validating smart safety devices.
AI-powered next-generation safety technology will first be applied to excavators, a flagship category of construction equipment. The initiative centers on two core technologies. The Smart Around View Monitor (SAVM) uses AI-based cameras to detect workers approaching equipment and provides 360-degree video in real time. It reduces blind spots, improving both work efficiency and safety simultaneously.
The Overload Warning Device (OWD) detects tipping risks or overload conditions during operations and alerts the operator. The device is expected to enhance on-site accident prevention and equipment operational stability. Excavators equipped with the next-generation safety technology are scheduled for phased deployment to construction sites starting in the second half of this year.
"Through smart safety technology, we have secured a foundation for precisely managing risk factors at construction sites," a Hyundai E&C official said. "We plan to carry out field verification focusing on key equipment with AI-based safety functions, and expand the scope of application to various work types and sites going forward."