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LG CNS announces strategic platform rebrand to focus on IoT, blockchain and AI

August 28, 2018 / James Bourne

A curious announcement from LG CNS, the South Korean giant’s IT services and consulting arm – the company is rebranding its platform business to focus on technologies around the Internet of Things (IoT), blockchain and artificial intelligence (AI). The release, which can be found here (Korean), notes that – rudimentarily translated – LG CNS’s strategic branding ‘means that it will lead the platform and solution-based business model as well as enabling efficient digital transformation of [the] customer business by providing the core technology of the fourth industrial revolution as a platform that customers can trust and choose.’ There are seven brands LG CNS will be working under. IoT is covered through INFioT, an ‘infinite scalable internet platform’, smart city platform Cityhub, smart factory automation tool Factova, and Enerdict, which provides energy management services. AI is covered by DAP, the company’s multi-cloud-base...