IEG

What IEG does

IEG Co., Ltd. (주)아이지) is a Korean mechatronics and STEM technology company headquartered in Seongnam, Gyeonggi Province, founded in 2009. It develops, manufactures, and integrates hardware and software across four business segments: Smart Factory solutions (MES, POP, Cloud on Siemens MindSphere, Edge Computing, CSP/digital twin, VR/AR/MR, Machine Vision, and robotics modules integrated with ABB, KUKA, OMRON, and SIEMENS platforms); K-Disinfection AI products (autonomous disinfection robots, facial-recognition disinfection gates, thermal fever detectors, and daily disinfectant products); Educational Equipment (PLC trainers spanning Siemens, Mitsubishi, LSIS, and Allen-Bradley platforms, plus robotics, pneumatics/hydraulics, renewable energy, and circuit simulation trainers such as EDISON and CASPOC); and Overseas ODA business delivering vocational training centers and STEM solutions through KOICA, EDCF, and ADB-funded projects in 12+ countries. The company employs 51-100 people and operates with partners that include ABB, KUKA, SIEMENS, OMRON, SoftBank Robotics, and National Instruments.

IEG's go-to-market is a B2B enterprise sales motion combining direct field engagement with major Korean industrial groups (Samsung Electronics, Samsung Display, LG Chem, LG Electronics, Hyundai Mobis), project-based sales to universities and technical high schools, and ODA-funded project delivery in developing markets. Revenue is generated primarily through custom-quoted hardware sales, system integration services, training and consulting engagements, and ODA project delivery; pricing is not publicly disclosed and is determined per project via customer inquiry. The company has received the Export Tower Award ($300M cumulative, 2016), ISO 9001/14001/45001 certifications, INNO-BIZ A grade, and the Korean Ministry of SMEs and Startups 'Small Giant Company' designation. In December 2024, IEG closed its first disclosed institutional funding round of $3.4 million led by IBK Venture Investment and Kolon Investment.

Name

IEG

Legal name

(주)아이지

Website

https://ieg.kr

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

IEG Co., Ltd. (주)아이지) is a Korean mechatronics integrator founded in 2009 that designs, manufactures, and delivers smart factory solutions, AI-enabled disinfection products, STEM educational equipment, and overseas ODA vocational training projects to Korean enterprises, universities, and government development agencies across 12+ countries.

Ownership category

akta.pro rank

Product category

Industrial Automation Equipment

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Integrated Systems Design (7373), Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Mechatronics Systems & Integration (EDAOAHAB)

akta.pro secondary industries

Instrumentation & Process Control (I&C) (EDAOABAF), Technical Enablement & Adoption Services (Change Management, Adoption, Champions) (BPAEANAC), Hardware & Embedded/IoT Programming (Microcontrollers, Raspberry Pi) (EDAMACAL)

Keywords

• Smart factory solutions
• Industrial automation equipment
• Educational training equipment
• Disinfection robotics
• Mechatronics systems

Headquarters

HQ city

Seongnam

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Educational Equipment Sales: Manufactures and supplies educational equipment including PLC trainers, automation systems, hydraulics/pneumatics equipment, renewable energy practice systems, robots, drones, microprocessors, LED training systems, and PC-based control platforms to educational institutions and industries
2. Smart Factory Solutions: Provides comprehensive smart factory solutions including MES, POP, Cloud, Edge Computing, VR/AR/MR, and CSP solutions for manufacturing digital transformation
3. K-Disinfection Products: AI-based disinfection robots, disinfection gates with facial recognition, stand-type fever detectors, and daily disinfection products for facilities including schools, hospitals, government offices, and commercial buildings
4. Overseas ODA Projects: International development assistance projects including vocational training center construction, equipment supply, training programs, and consulting services funded through KOICA, EDCF, and ADB programs in developing countries
5. Training and Consulting Services: Provides training courses, consulting, and technical education solutions for domestic and overseas educational institutions and industries

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

IEG designs, manufactures, and integrates Smart Factory solutions, educational training equipment, K-Disinfection robotics, and mechatronics systems for industrial, educational, and government customers. Its offerings combine hardware (PLC trainers, industrial robots, disinfection gates, AMR) with proprietary software platforms (MES/iMES, POP, CSP digital twin, Cloud, Edge Computing) and are delivered as turnkey projects across South Korea and 12+ countries via ODA programs.

Product overview

IEG is a Korean technology company providing IT + Industry convergence solutions across four main business segments: Smart Factory solutions (including Robot, Machine Vision, POP, MES, Cloud, Edge Computing, IoT, CPS, and VR/AR/MR modules), K-Disinfection products (AI-powered robots, gates, and software for virus prevention), Educational Equipment (PLC trainers, automation systems, and simulation software for institutions), and Overseas ODA/High-tech Education Center services. The Smart Factory portfolio includes core platforms like MES Solution (iMES) and POP Solution, complemented by specialized modules for robotics, machine vision, digital twin (CSP Solution), cloud connectivity (MindSphere), edge computing, and AR/VR maintenance. The K-Disinfection line features autonomous disinfection robots and AI-enabled gates with thermal screening. Educational offerings span multi-brand PLC trainers (Siemens, Mitsubishi, LSIS, Allen-Bradley), circuit simulators, and robot programming software. Software products include CASPOC for power electronics, RobotStudio for IRC5, EDISON circuit simulation, and custom MES/POP solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart Factory Solution Comprehensive Smart Factory offering integrating robots, machine vision, POP, MES, cloud computing, edge computing, IoT, CPS, and VR/AR/MR for digital manufacturing transformation of industrial customers.
• Robot Solution Diverse robot solutions including collaborative robots, double-armed robots, and automatic transfer robots for smart factory automation and manufacturing process improvement for industrial customers.
• MES Solution (iMES) Manufacturing Execution System providing real-time monitoring, tracing, management, control, and process optimization for industrial manufacturers.
• CSP Solution (Cyber Physical System) Cyber-Physical System providing integrated environment process software for digital twin implementation, enabling real-time monitoring and simulation of physical manufacturing processes for industrial customers.
• Cloud Solution (Siemens MindSphere) Industrial IoT cloud platform built on Siemens MindSphere for connected factory operations and data analytics for industrial manufacturers.
• VR/AR/MR Solution Virtual, augmented, and mixed reality solution for maintenance training and predictive maintenance applications in factory operations.
• Edge Computing Solution Edge computing solution providing real-time data processing through distributed servers at the factory level for low-latency manufacturing operations.
• K-Disinfection AI Solutions AI-powered disinfection product family including Zero Contact Disinfection Service Robots, AI-based Disinfection Gates, Smart Single Disinfection Gates with facial recognition, Stand-type Fever Detectors, and daily disinfectant products for preemptive virus protection in schools, hospitals, government offices, and commercial buildings.
• IEG 3200 Multi PLC Trainer Multi PLC Trainer with replaceable PLC modules, peripheral device modules, and 64 I/O point connector for automation control practice at educational institutions and training centers.
• IEG 3226-05 PLC Trainer (Mitsubishi Q03UDE) PLC Trainer with Mitsubishi Q03UDE processor featuring 64 digital I/O points, expandable analog practices, and CC-Link communication capability for educational use.
• IEG 3226S-10 PLC Trainer (Siemens S7-300) PLC practice device with Siemens S7-300 Series, 64 digital I/O points, and 4/2 channel analog practices for automation training at educational institutions.
• IEG 3400N Mini MPS Trainer Mini MPS (Modular Production System) Trainer covering supply, inspection, transportation, classification, storage, and AC servo control practices for production automation engineer qualification at educational institutions.
• CASPOC Power Electronic CAD Software Power electronic CAD software for design and simulation of electric components in power electronics and new renewable energy fields, supporting SMPS circuit modeling and control algorithm simulation for engineering education and industry.
• RobotStudio for IRC5 ABB offline robot programming and simulation software with virtual robot technology, CAD import support (IGES, STEP, VRML, VDAFS, ACIS, CATIA), and AutoPath optimization for industrial robot deployments.
• EDISON Ver 5.0 Circuit Simulation Software

Quantifiable outcome

• $300 million Export Tower Award demonstrating significant international trade volume
• +2 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability8 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• KoTDA (Korea Trade-Investment Promotion Agency)minorGTM or Marketing Partner · 1 April 2025FAT (Foreign Investment Attraction) visit by KoTDA CIC members in April 2025 for establishment of KAIST in Kenya, demonstrating international trade promotion support.
• SIEMENS (Germany)coreTechnology or Integration · 1 March 2019Partnership signed in March 2019 for industrial cloud solutions. IEG provides Siemens MindSphere-based cloud solutions and industrial IoT platforms as part of smart factory offerings.
• KUKA (Germany)coreTechnology or Integration · 1 June 2015Partnership signed in June 2015 for robot solutions. IEG provides KUKA robot-based solutions for manufacturing process automation and smart factory implementations.
• Aldebaran Robotics / SoftBank RoboticscoreTechnology or Integration · 1 May 2014Partnership established in May 2014 for NAO and Pepper robots. In 2023, IEG signed an official reseller contract with SoftBank Robotics for emotional and service robots including Pepper Robot demonstrations and deployments.
• ABB (Switzerland)coreTechnology or Integration · 1 November 2012Partnership signed in November 2012 for industrial robots and automation solutions. IEG collaborates with ABB on robot solutions for smart factory implementations, providing diverse robot solutions for manufacturing process improvement.
• OMRON (Japan)coreTechnology or Integration · 1 October 2012Partnership signed in October 2012 for automation and control solutions. IEG develops practice equipment using OMRON products including vision sensors, PLCs, and sequence control systems for educational and industrial applications.
• National Instruments (Korea)coreTechnology or Integration · 1 January 2010Partnership established in 2010 for intelligent education robots and LabVIEW-based training solutions. IEG develops various practice equipment using NI ELVIS II and other National Instruments products.
• KOICAcoreStrategic or Co-development PartnerIEG is registered as a procurement company for KOICA (Korea International Cooperation Agency) and participates in international development assistance projects including the $6 million Kenya KAIST ODA project.
• EDCF / ADBminorStrategic or Co-development PartnerIEG participates in ODA projects funded through EDCF (Economic Development Cooperation Fund) and ADB (Asian Development Bank) for vocational training center construction in developing countries.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Festo Didactic: Festo Didactic is the world's leading German-based provider of technical education and mechatronics/automation training equipment and digital learning factories. Its product scope (training rigs, learning factories, curricula for PLC, pneumatics, robotics) directly overlaps with IEG's Educational Equipment and Smart Learning Factory offerings, making it the closest direct peer.
• Amatrol: Amatrol is a US-based manufacturer of mechatronics, automation, electrical, hydraulics/pneumatics and process control training equipment for technical education and industry. IEG and Amatrol compete head-to-head in supplying PLC trainers, smart factory training rigs and STEM/vocational laboratory installations to universities and government training institutes.
• Lucas-Nülle: Lucas-Nülle is a German manufacturer of didactic training systems for electrical engineering, electronics, automation, renewable energy, and mechatronics. Its catalog of educational workstations and plug-in experiment systems competes directly with IEG's PLC trainers, electrical/electronic simulation software, and renewable energy practice equipment used in technical universities.

Broad incumbents

• Siemens AG: Siemens is a global industrial automation incumbent and the provider of the MindSphere industrial IoT platform that IEG integrates into its smart factory solutions. While Siemens is a partner of IEG, it is also a broad incumbent whose Digital Industries portfolio competes with IEG's MES, digital twin (CSP), and Smart Factory offerings at the enterprise level.
• ABB Group: ABB is a global industrial robotics, automation, and digital factory incumbent and a core IEG technology partner (robots and RobotStudio). As a broad incumbent, ABB's Robotics & Discrete Automation business competes with IEG's robot process automation and smart factory integration work at large enterprise customers.
• Yaskawa Electric: Yaskawa is a Japanese industrial robot and factory automation incumbent with Motoman robots and i³-Mechatronics smart factory concept. IEG's robotics-driven process automation and Smart Learning Factory offerings compete with Yaskawa's enterprise factory automation and educational/training programs, especially in APAC markets.
• Omron Corporation: Omron is a Japanese industrial automation incumbent offering PLCs, vision sensors, safety and robotics solutions, and is a long-standing IEG technology partner. As a broad incumbent, Omron's automation stack competes with IEG's integrated smart factory and educational automation solutions across APAC and global deployments.
• Rockwell Automation: Rockwell Automation is a US-based industrial automation incumbent with Allen-Bradley PLCs and the FactoryTalk smart manufacturing platform, which IEG supports in its PLC training equipment. As a broad incumbent, Rockwell's enterprise-level MES, edge and analytics solutions compete with IEG's smart factory stack for large manufacturer RFPs.

Regional players

• Doosan Robotics: Doosan Robotics is a Korean collaborative robot manufacturer and a domestic peer operating in Korea's robotics and smart factory ecosystem. While primarily a cobot hardware vendor, its growing push into turnkey automation solutions targets overlapping Korean manufacturing and education customers that IEG also serves.
• LS Electric: LS Electric is a Korean industrial automation and low-voltage power equipment manufacturer with PLC and smart factory exposure. Its automation product line overlaps with the PLC, drive, and automation training equipment that IEG supplies to educational institutions and industrial customers in Korea.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCHWJCtr_jPgtnKuIDRBj96g
• Facebookfacebook.com/pg/ieg.kr/community
• Instagraminstagram.com/ieg.kr/?hl=ko
• Xx.com/iegkr

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IEG