SKT Launches AI-powered Veterinary Diagnostic Assistance Service X Caliber in Australia

Rhea-AI Summary

SK Telecom (NYSE:SKM) has launched its AI-powered veterinary diagnostic service, X Caliber, in Australia in collaboration with ATX Medical Solutions. X Caliber can analyze X-ray images of pets within 15 seconds and does not require local server installation. The service boasts a sensitivity of 86-94% across various types of X-rays. The launch follows successful beta tests and will be available to over 100 veterinary clinics in Australia. Additionally, SK Telecom has signed a commercial contract with MEDIVET Pet Hospital & Clinic in Indonesia to introduce X Caliber. SK Telecom is also providing beta services in North America, Europe, and Asia, aiming for a global market expansion.

Positive

• X Caliber launched in Australia, a market with one of the highest pet ownership rates.
• Commercial contract with MEDIVET Pet Hospital & Clinic in Indonesia to expand X Caliber.
• X Caliber sensitivity ranges from 86% to 94% for various abnormalities in pet X-rays.
• Over 100 veterinary clinics in Australia can now use X Caliber.
• No need for separate server installation; accessible on mobile devices and PCs.
• Active beta services in North America, Europe, and Asia indicate global expansion.

Negative

• SK Telecom faces competition in the AI diagnostic market.
• Initial sensitivity rates, while high, may not be sufficient to convince all veterinarians.
• Dependence on cloud services could raise concerns about data security and privacy.
• Implementation and adoption in new markets could face regulatory and logistical challenges.
• Expansion to global markets involves significant financial and operational risks.

• In collaboration with ATX Medical Solutions, SKT launches X Caliber in Australia, which has one of the highest rates of pet ownership in the world
• SKT also inked a commercial contract with MEDIVET Pet Hospital & Clinic to offer X Caliber in Indonesia.

SEOUL, South Korea, May 28, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM, "SKT") today announced that it officially launched its AI-based veterinary X-ray image diagnosis assistance service 'X Caliber' in Australia.

X Caliber is an innovative service that uses AI to analyze X-ray images of dogs/cats within around 15 seconds. Since X Caliber uses cloud to store and retrieve data, there is no need to install a separate server within the hospital. Veterinarians can examine the results of the AI-based image diagnosis on their mobile devices or PCs anywhere, anytime. The sensitivity of X Caliber stands at 86-94%: 94% for detection of 16 different abnormal patterns from abdominal X-ray images of dogs; 88% for detection of 10 different abnormal patterns from chest X-ray images of dogs; and 86% for detection of 7 different abnormalities from musculoskeletal X-ray images of dogs.

Since entering a strategic partnership with ATX Medical Solutions ("ATX"), a leading provider of medical devices in Australia, in November 2023, SKT has been working closely with ATX to prepare for the commercial launch of the service by running beta tests. With today's official launch, X Caliber can be used by over 100 veterinary clinics in Australia.

Australia is a pet-loving country with one of the world's highest pet ownership rates. Over two thirds of households are estimated to own a pet, with the total number of pets standing at around 29 million as of January 2024. The average number of pets per household in Australia is 1.3 dogs and 1.6 cats.

SKT and ATX will also be attending the Australian Veterinary Association (AVA) Conference 2024, one of the largest gatherings of veterinary professionals in Australia, in Melbourne from May 27-31, to introduce X Caliber to veterinarians.

Moreover, SKT announced that it signed a commercial contract with MEDIVET Pet Hospital & Clinic, Indonesia's largest premium veterinary hospital chain, to provide X Caliber to MEDIVET's hospital. The company sees this deal as a good opportunity to introduce X Caliber not only to Indonesia, but also to the rest of the Southeast Asian market.

Meanwhile, SKT is currently actively providing beta service to veterinary clinics in North America, Europe, and Asia to further expand X Caliber's presence in the global market.

About SK Telecom

SK Telecom has been leading the growth of the mobile industry since 1984. Now, it is taking customer experience to new heights by extending beyond connectivity. By placing AI at the core of its business, SK Telecom is rapidly transforming into an AI company with a strong global presence. It is focusing on driving innovations in areas of AI Infrastructure, AI Transformation (AIX) and AI Service to deliver greater value for industry, society, and life.

For more information, please visit our LinkedIn page www.linkedin.com/company/sk-telecom.

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SOURCE SK Telecom

FAQ

What is the sensitivity rate of SKM's X Caliber diagnostic service?

The sensitivity rate of X Caliber ranges from 86% to 94% for detecting various abnormalities in pet X-rays.

When did SK Telecom launch X Caliber in Australia?

SK Telecom launched X Caliber in Australia on May 28, 2024.

Which veterinary clinics in Indonesia will use SKM's X Caliber?

MEDIVET Pet Hospital & Clinic in Indonesia has signed a commercial contract to use X Caliber.

What is the primary advantage of X Caliber for veterinarians?

X Caliber allows veterinarians to analyze X-ray images of pets within 15 seconds without needing a separate server, and results can be viewed on mobile devices or PCs.

How many veterinary clinics in Australia will use SKM's X Caliber?

Over 100 veterinary clinics in Australia will use X Caliber.

What event will SK Telecom and ATX Medical Solutions attend to promote X Caliber?

They will attend the Australian Veterinary Association (AVA) Conference 2024 in Melbourne from May 27-31.

In which regions is SK Telecom providing beta services for X Caliber?

SK Telecom is providing beta services in North America, Europe, and Asia.