Launch of WiseNut's AI Search Solution SF-1 V7 Vector Edition
Expected to Drive Growth in Public Sector Sales
WiseNut, a specialist company in artificial intelligence (AI) agents, announced on the 15th that it has newly launched the AI search solution Search Formula-1 (SF-1) V7 Vector Edition and simultaneously completed its official registration on the Public Procurement Service Digital Service Mall.
WiseNut has been recording solid achievements in public projects through its AI search solution SF-1 V7, and with the procurement registration of this new edition product, it plans to accelerate sales expansion in the public sector within a short period.
The SF-1 V7 Vector Edition is the first vector search product registered on the Public Procurement Service Digital Service Mall. It is a new version of the search solution that applies a hybrid of keyword search and vector search functions, dramatically improving the accuracy of search results.
The core feature of the SF-1 V7 Vector Edition is the flexible selection of optimized search methods according to user intent and data characteristics. For clear keyword-based queries, it applies ▲matching-centered 'keyword search,' and for question-type sentences or long natural language queries, it applies ▲meaning-based similarity computation 'vector search,' enabling customers to obtain more accurate and relevant results.
WiseNut expects that search precision and quality will be significantly enhanced in various real work environments going forward.
A company representative stated, "During actual public project execution, we confirmed that search accuracy noticeably improved in public and administrative tasks where understanding query intent is crucial, such as searching administrative rules, regulations, and laws." They added, "Vector search is a core technology that enables the transition to generative services," and emphasized, "The introduction of the SF-1 V7 Vector Edition will serve as a practical stepping stone to facilitate gradual expansion into generative AI agents in the future."
Through the swift procurement registration of the SF-1 V7 Vector Edition, WiseNut has enhanced accessibility and convenience, making it easier for public institutions and public enterprises to adopt. It is expected that vector search application will become possible in the public sector to maximize search accuracy and data exploration efficiency.
CEO Kang Yong-sung explained, "WiseNut has conducted the largest number of search projects domestically and has felt that the demand for advanced search that precisely responds to increasingly diverse and complex queries beyond simple search has been steadily increasing." He continued, "Following the search solution's achievement of the highest sales rate in the same industry in the procurement market last year, we will further expand our market share in the public sector through this new product registration and accelerate full-scale sales growth."
Since 2017, WiseNut has sequentially registered eight products including AI search, collection and analysis, chatbot, and SaaS services on the Public Procurement Service Digital Service Mall, gaining recognition for the reliability and effectiveness of its AI technology. According to last year's comparison of annual contract performance for various AI solutions on the Procurement Information Open Portal, all registered products in the same industry, including search, collection and analysis, and chatbot solutions, ranked first in sales rate across all categories.
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