LG unit announces brandings for enterprise new tech platforms

LG unit announces brandings for enterprise new tech platforms

Business news |
By Rich Pell

The company says it will release new strategic brands for each of its seven platforms of newly developed technologies, which include blockchain, artificial intelligence (AI), internet of things (IoT), smart city, smart factory, robot services, and smart energy. The brands are part of the company’s plans to develop the “efficient digital transformation of customer business by providing the core technology of the fourth industrial revolution as a platform that customers can trust.”

The company’s AI offering – to be called “DAP” – will offer AI-based big data analytics and data visualization tools. Its INFioT IoT platform will offer AI-based analytics and collect data from IoT devices, while its smart city platform – Cityhub – will use DAP to collect data from cities.

The smart factory platform – called Factova – will be based on the company’s experience helping manufacturing affiliates deploy integrated automation tools for their factories. The robot services unit – called Orott – will allow companies to connect robots with their existing IT systems.

The company’s smart energy platform – dubbed Enerdict – supports solar, wind, fuel, and other new energies to increase power consumption efficiency. Finally, Monachain, the company’s recently-launched blockchain platform, is a private chain that offers digital identity, community token, and digital supply chain management for enterprises.

According to reports, the company also plans to announce a cloud platform buy the end of the year.


Related articles:
LG announces new brand for AI smart home appliances
LG’s new smart sensor makes ‘dumb’ appliances ‘smart aware’
Smart factories: Choosing the right industrial software

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