LG CNS CEO Shin-gyun Hyun (현신균) (left) and Palantir CEO Alex Karp (Alex Karp) pose for a photo at a strategic partnership signing ceremony. [Photo: LG CNS]

LG CNS said it will accelerate its domestic AX business by joining hands with U.S. AI software company Palantir Technologies.

LG CNS said it signed a strategic partnership agreement with Palantir on March 11 local time in the United States, ahead of Palantir's AIPCon event. The signing ceremony was attended by LG CNS CEO Shin-gyun Hyun (현신균) and Palantir co-founder and CEO Alex Karp (Alex Karp), along with other executives from both companies.

Palantir provides platforms including Foundry, which integrates and refines dispersed data within a company to build a data-driven operating system, and AIP (Artificial Intelligence Platform), which combines generative AI with an integrated data environment to support corporate decision-making in real time.

Under the strategic partnership agreement, LG CNS will provide Palantir's enterprise platforms, including Foundry and AIP, in forms optimized for each client. To do so, LG CNS will establish a dedicated organization for Palantir business called FDE (Forward Deployed Engineering). The FDE team will work with Palantir to identify and execute high value-added AX projects across industries including manufacturing, energy, electronics and logistics. It plans a full-scale business expansion starting with LG Group, which is actively considering adopting the Palantir platform.

LG CNS has already successfully completed a proof of concept to apply Foundry and AIP to a quality management area at one LG affiliate, and signed a main business contract based on that.

LG CNS has also completed verification of Foundry and AIP internally. By linking its own data platform and analytics capabilities with Foundry, it analyzed business and operational data in real time and secured capabilities to build risk prediction and decision-support systems using AIP. It plans to pursue strategies to accelerate expansion into external business based on execution experience accumulated through internal adoption.

Shin-gyun Hyun said, "This strategic partnership will be an important turning point in expanding LG CNS' AX business to a global level." He added, "We will combine LG CNS' industry expertise with Palantir's AI platform capabilities to lead customer AX innovation."

Keyword

#LG CNS #Palantir Technologies #Foundry #AIP #LG Group
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