LS Group Signs Agreement with MS for Digital Transformation

Group IT Infrastructure Transitioned and Built into Cloud System
Strengthening Networking for Employees Worldwide

On the 2nd, LS Group and Microsoft Korea signed a 'strategic partnership' at the LS Yongsan Tower. (From left) LS ITC CEO Jo Eui-je, Microsoft Korea CEO Lee Ji-eun are taking a commemorative photo after signing the MOU.

[Asia Economy Reporter Park Sun-mi] LS Group announced on the 2nd that it has signed a strategic partnership agreement (MOU) with Microsoft Korea (hereinafter MS) to further accelerate digital transformation by converting and building its IT infrastructure into a cloud system.

Through LS ITC, the group's IT service company, LS plans to introduce MS Azure to all affiliates over the next five years and apply collaboration platforms such as Teams and MS365 within this year. Azure is MS's cloud computing service (a technology that processes data on computers connected via the internet rather than on one's own computer), and MS365 is MS's software-as-a-service (SaaS) integrating Windows, Office, Teams, OneDrive, and document security.

In particular, Teams is a representative collaboration platform with over 100 million daily users worldwide, providing integrated real-time communication and task management functions optimized for remote and non-face-to-face work.

By converting existing IT infrastructure such as ERP, servers, and software into a cloud environment applying MS's latest technology, LS expects that its employees in more than 100 locations across 25 countries worldwide will be able to utilize the group's data assets in real time, with enhanced networking functions and speed.

Starting in May this year, LS plans to form a regular consultative body with MS to integrate artificial intelligence (AI) and data analytics technologies into the businesses of major affiliates such as LS Cable & System, LS Electric, LS-Nikko Copper, and LS Mtron to strengthen product competitiveness and create new business opportunities.

This collaboration with MS for digital transformation reflects the will of Chairman Koo Ja-eun, who took office as LS Group chairman in January this year. In his inaugural speech, Chairman Koo emphasized data-driven globalization, stating, “To continue LS’s global growth momentum, we will establish a cloud-based global business system so that LS employees can understand and utilize data assets scattered across various regions worldwide in the same way and in real time.”

LS is also conducting technical consultations with MS and SiteMachine, a global partner company based in Silicon Valley, USA, to collect and analyze big data generated from manufacturing processes within group affiliates and utilize it. SiteMachine is a manufacturing data analytics specialist company in which LS invested shares in 2019 to accelerate digital transformation.

Jo Eui-je, CEO of LS ITC and Group CIO, said, “Through this collaboration, we expect flexible data expansion, automated SaaS-based efficient operations, and improved work productivity of group members,” adding, “We will accelerate digital transformation with Microsoft Korea to provide differentiated solutions to our customers.”

This content was produced with the assistance of AI translation services.