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SMEs and LG CNS Partner to Boost AI Adoption

From Hankyoreh · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Korea Federation of SMEs and LG CNS signed a partnership agreement to promote AI adoption among small and medium-sized enterprises.
  • The collaboration aims to bridge the AI utilization gap between large corporations and SMEs, aligning with the government's AI transition initiative.
  • The federation expects to combine its manufacturing and industry data with LG CNS's AI technology for practical AI implementation.

The Korea Federation of SMEs (KBIZ) and LG CNS have partnered to accelerate the adoption of artificial intelligence (AI) within small and medium-sized enterprises (SMEs). The agreement, signed on Tuesday in Seoul, aims to address the growing disparity in AI utilization between large corporations and smaller businesses.

This initiative aligns with the government's broader strategy to promote an "AI Transition" (AX) across industries. KBIZ Chairman Kim Ki-moon expressed optimism about the collaboration, stating, "We expect that the combination of the SME manufacturing data and various industry field data accumulated by KBIZ with LG CNS's AI technology will lead to a practical AI transition."

The partnership is anticipated to leverage KBIZ's extensive data resources and LG CNS's technological expertise to develop practical AI solutions tailored for SMEs. This move is seen as crucial for enhancing the competitiveness of smaller businesses in an increasingly digital landscape.

We expect that the combination of the SME manufacturing data and various industry field data accumulated by KBIZ with LG CNS's AI technology will lead to a practical AI transition.

— Kim Ki-moonChairman of the Korea Federation of SMEs, expressing expectations for the partnership.
DistantNews Editorial

Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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