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LG Highlights Importance Of Open Innovation Strategy

2 months ago
in Technology
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LG Highlights Importance Of Open Innovation Strategy
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President and CTO of LG Electronics (LG), Dr. Park, has disclosed the company’s inspiring vision for open innovation in the era of social distancing.

Park disclosed this at the virtual all-digital CES® 2021. As the host of LG Future Talk, Park explained and demonstrated how open innovation has been the underlying principle of the company’s latest technological breakthroughs.

Park highlighted groundbreaking products such as the LG PuriCare Wearable Air Purifier and the LG Smart Thermal Camera which effortlessly help to ensure consumers’ well-being and safety. He said that LG is also adapting its CLOi robots for various environments and tasks – from disinfecting high-traffic areas in public and commercial spaces to making door-to-door deliveries and serving food in restaurants – to improve hygiene and minimize health risks for both employees and customers.

samndaads

Park was joined by the president and CEO of the Consumer Technology Association, Gary Shapiro, to talk about the growing power of partnership across disciplines and industries to deliver what is right for consumers.
Dr. Park also outlined exciting plans to develop an ecosystem by connecting all products and services across categories, providing consumers with a fulfilling user experience and unsurpassed convenience.

He said, “It’s not just about individual appliances and devices that have AI capacity and connectivity; it’s more about building an ecosystem where LG and partners work together to expand, enhance and enrich what we offer to those we serve.”

samndaads

Also, the CEO of Element AI, Jean-François Gagné said, “Levels of AI Experience framework at CES 2020. The two companies, along with other partners, are developing an innovative, new platform called the AIX Exchange that will enable industry leaders, researchers, policymakers and consumers, to engage directly with one another to discuss how to best implement AI for the good of all.’’

Another key point of the talk centered on LG’s vision for creating a consistent and connected user experience that extends to all areas of consumers’ lives. Dr. Park, together with the executive vice president of DXC Technology and president and CEO of Luxoft, Dmitry Loschinin, unveiled LG and DXC Luxoft’s new joint venture named Alluto, which will reimagine the in-vehicle experience, leveraging LG’s webOS Auto to seamlessly connect car to home and office.

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