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Get ready for an eye-opening discussion on the challenges faced by manufacturing enterprises in today’s world. Shilpa Prasad, director of new ventures at LG, shared her insights at the Transform 2023 event this week. With COVID, inflation, natural disasters, and war impacting the global economy, combined with consumer demand and supply chain issues, it’s no wonder these challenges persist even in 2023.
In a fireside chat with Sokwoo Rhee, corporate senior vice president of innovation at LG Electronics and head of the LG NOVA incubator, Prasad discussed the importance of leveraging new technologies to transform our daily lives. LG NOVA, the North American innovation arm for LG Electronics, is at the forefront of this transformation. With 128 factories and 85,000 employees, LG is a $70 billion manufacturing giant that is already utilizing robotics and automation. Now, they are exploring the potential of artificial intelligence to further enhance their operations.
