Digital transformation company LG CNS has linked up with various startup companies in a bid to promote digitalization (DX). Most importantly, the company also discussed investment opportunities and other strategic collaborations.

The company held its own Startup Day from April 10 to 11 in Silicon Valley, United States. Accordingly, several key figures from LG CNS were in attendance. Among them are Sunjung Kim, CTO of LG CNS, Min Bae, head of the Security & Solution Business division, and Eddie Jang, head of the Data Analytics & AI division.

LG CNS engaged in various discussions on potential strategic collaborations and investment opportunities with the startups that attended the event. Moreover, LG CNS plans to offer differentiated DX services to enterprise clients. Particularly, through future collaborations with startups. As part of this commitment, LG CNS made an equity investment in the U.S. generative AI startup ‘Anthropic’ last year.

More than ten startups from two sectors, generative AI and enterprise software testing, attended ‘Startup Day.’ These companies, primarily based in Silicon Valley, are in early operational stages, having secured Series A or Series B funding.

Unparalleled DX Services

LG CNS, along with LG Technology Ventures and other local investment firms, invited the startups. Notably, these startups have introduced innovative technologies and solutions within their respective fields. Particularly, they engaged in substantive discussions with LG CNS, exchanging insights on industry trends and their technological expertise.

In the generative AI sector, the invited startups specialize in GPU infrastructure, AI model training optimization, AI coding, and the Future Contact Center (FCC). The GPU infrastructure service refers to a service that increases the accessibility and availability of AI infrastructure. On the other hand, AI model training and inference optimization generally means to improve the performance of existing AI models. Particularly, by applying engineering technologies such as distributed training and computational optimization.

LG CNS aims to enhance the capabilities of its ‘DAP GenAI platform¹⁾‘ by integrating various AI expertise of startups. Thus, the ultimate goal is to offer even more distinctive generative AI services to its enterprise clients.

Also invited in the event are several startups from the enterprise software testing solution sector. These companies specialize in verifying corporate systems and identifying errors before they are launched to the public.

Meanwhile, LG CNS highlights its own IT system pre-verification solution, PerfecTwin, which uses the actual transaction data from clients. In the future, LG CNS intends to expand its system verification portfolio and lineup through discussions with local startups.

Sunjung Kim, CTO of LG CNS, emphasized, “We will further expand the spectrum of DX technology in close collaboration with global tech startups. (We will also be) providing unparalleled DX services in both generative AI and enterprise software testing sectors to our clients.”

Note:

1) DAP GenAI Platform: DAP, which stands for Data Analytics & AI Platform, is LG CNS’s IT solution brand for the AI/big data platform. Specifically, DAP GenAI Platform provides a wide range of services, ranging from basic document summarization to advanced corporate tasks. These include service recommendations and drafting reports using clients’ internal databases.

-16 April 2024-