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Shinhan Life - KT Sign Joint Business Agreement MOU Regarding AI Home Workout App ‘HowFIT’

“Based on this business partnership, we intend to establish a next-generation content platform by furthering the HowFIT service”

“Starting with this business agreement with KT, Korea’s largest IPTV operator, we will extend the mobile app-based HowFIT service to TV screens and provide new experiences to the 9 million KT olleh TV users.”

Shinhan Life and KT have signed a business agreement (MOU) to jointly promote the AI-based home workout platform HowFIT business model.

The two companies are planning to cooperate in promoting HowFIT and other joint projects. The first step was the decision to jointly develop the HowFIT service to be used on KT olleh TVs. This will start with cooperation in multiple fields including service planning, marketing, and exchange in media platforms and other digital services, amongst others.

HowFIT is an AI based home workout service developed jointly by Shinhan Life and iPIXEL. This provides coaching by analyzing users movement, counting the frequency of their exercises and providing feedback on their accuracy. This uses AI algorithms running on a smartphone and does not require additional wearable devices.

 

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