[Edaily Reporter Kim Hyun-ah ] AI service specialist ESTsoft Corp.(047560)projected that its annual order intake for this year will exceed 10 billion won, driven by growth in its Artificial Intelligence Transformation (AX) business.

ESTsoft Corp. announced on the 6th that it recorded approximately 6.3 billion won in orders from its AX business in the first half of this year. This represents a roughly six-fold increase compared to the 1.1 billion won in revenue recorded after the launch of the AX Business Division in the second half of last year. The company forecast that, given its current projects, it will maintain a similar level of orders in the second half of the year, bringing its annual order volume to over 10 billion won.

The company cited its integrated AX solution strategy—which combines its proprietary AI technology—as the driving force behind this growth. EastSoft is supplying public institutions and corporations with solutions such as the Agent AI “Allen,” the real-time conversational AI service “Perso Interactive,” the AI video production solution “Perso Studio,” and the AI dubbing service “Perso Dubbing,” all integrated into large-scale system implementation projects.

Approximately 70% of first-half revenue came from AX projects with public institutions and universities. Additionally, the K-FAST (free ad-supported streaming TV) project led by the Ministry of Science and ICT, along with AI avatar-based video production projects, supported this growth.

In particular, in the public AX sector, the company secured projects in the agriculture and disaster safety fields as part of the pan-governmental AX Sprint project, jointly promoted by the Ministry of Economy and Finance, the Ministry of Trade, Industry and Energy, the Ministry of Science and ICT, and the Ministry of Agriculture, Food and Rural Affairs. In the K-FAST project, EastSoft demonstrated its competitiveness by executing the project for two consecutive years based on its AI dubbing capabilities.

ESTsoft Corp. explained that it currently has a pipeline of about 30 AX projects targeting public institutions, universities, and corporations, indicating a high likelihood of securing additional contracts.

Jang Seung-il, Head of ESTsoft Corp.’s AX Business Division, said, “The AX implementation experience we have accumulated through national AI projects and collaborations with public institutions, local governments, universities, and corporations is translating into tangible results in the market.” He added, “As the growth momentum from the first half of the year is expected to continue into the second half, we anticipate achieving annual contract awards of over 10 billion won this year.”