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We have been through a lot in the past few years, such as COVID, inflation, natural disasters, war and more. All have had an impact on the global economy.
Combine that with increased consumer demand, labor shortages and supply chain issues. And it's easy to understand that manufacturing companies continue to see the challenges even today, in 2023, said Shilpa Prasad, director of new ventures at LG, during a session at the Transform 2023 event this week.
During a fireside chat with Sokwoo Rhee, Senior Vice President of Innovation at LG Electronics and Head of LG NOVA Incubator, Prasad discussed the challenge of using new technologies and bringing them to life. turn them into opportunities to change the way we work on a daily basis. lives.
LG NOVA is a North American innovation arm of LG Electronics, which sells 20 million devices of all kinds per year. And overall, LG is a $70 billion manufacturer, one of the largest in the world, with 128 factories and 85,000 people working there. These factories already have robotics and automation, and the company is evaluating how artificial intelligence can further help.
EventVB Transform 2023 on demand
Did you miss a session of VB Transform 2023? Sign up to access the on-demand library for all of our featured sessions.
Register nowWhile the company must look at the products and processes of these factories, it must also put the people in the workforce and those it hires first, Prasad said.
"We are constantly looking at how technology can play an important role in solving this problem and in particular how we can apply generative AI," she said.
In 2017, LG Electronics launched the Q platform, which uses computer vision and AI to detect product defects. He helps the company achieve its key performance indicators on production, including at a plant in Clarksville, Tennessee. Robots can effectively handle many automated tasks on the assembly line. And LG continues to leverage AI to make operations more efficient and to test decisions every step of the way, Rhee said.
“That in itself is tremendous value for...
Missed the excitement of GamesBeat Summit? Don't worry! Tune in now to follow all live and virtual sessions here.
We have been through a lot in the past few years, such as COVID, inflation, natural disasters, war and more. All have had an impact on the global economy.
Combine that with increased consumer demand, labor shortages and supply chain issues. And it's easy to understand that manufacturing companies continue to see the challenges even today, in 2023, said Shilpa Prasad, director of new ventures at LG, during a session at the Transform 2023 event this week.
During a fireside chat with Sokwoo Rhee, Senior Vice President of Innovation at LG Electronics and Head of LG NOVA Incubator, Prasad discussed the challenge of using new technologies and bringing them to life. turn them into opportunities to change the way we work on a daily basis. lives.
LG NOVA is a North American innovation arm of LG Electronics, which sells 20 million devices of all kinds per year. And overall, LG is a $70 billion manufacturer, one of the largest in the world, with 128 factories and 85,000 people working there. These factories already have robotics and automation, and the company is evaluating how artificial intelligence can further help.
EventVB Transform 2023 on demand
Did you miss a session of VB Transform 2023? Sign up to access the on-demand library for all of our featured sessions.
Register nowWhile the company must look at the products and processes of these factories, it must also put the people in the workforce and those it hires first, Prasad said.
"We are constantly looking at how technology can play an important role in solving this problem and in particular how we can apply generative AI," she said.
In 2017, LG Electronics launched the Q platform, which uses computer vision and AI to detect product defects. He helps the company achieve its key performance indicators on production, including at a plant in Clarksville, Tennessee. Robots can effectively handle many automated tasks on the assembly line. And LG continues to leverage AI to make operations more efficient and to test decisions every step of the way, Rhee said.
“That in itself is tremendous value for...
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