LG Group is adopting Palantir Technologies' AX (AI transformation) model, with LG CNS leading the collaboration between the two companies. One LG manufacturing affiliate has already completed a successful proof-of-concept trial using Palantir's model. The partnership is expected to significantly accelerate AI transformation across the entire LG Group.
LG CNS announced on the 12th that it signed a strategic partnership agreement with Palantir on the 11th (local time). LG CNS CEO Hyun Shin-kyun traveled to the United States to meet with Palantir founder and CEO Alex Karp to finalize the deal.
"This strategic partnership will be a crucial turning point in expanding LG CNS's AX business to a global level," Hyun said. "By combining LG CNS's industry expertise with Palantir's AI platform capabilities, we will lead our customers' AX innovation."
Ryan Taylor, Palantir's Chief Revenue Officer and Chief Legal Officer, said, "LG Group is such a bold and forward-thinking organization that we can say Palantir exists precisely for companies like this. We are committed to supporting LG's transformation into an AI-powered enterprise of the future."
Palantir is a global IT company that provides solutions for building generative AI-based business systems using large-scale data. The company excels at solving complex problems including national security, fraud prevention, supply chain management, and financial risk management. Its key platforms include Foundry, which integrates and refines dispersed enterprise data to build data-driven operational systems, and the Artificial Intelligence Platform (AIP), which combines generative AI with unified data environments to support real-time corporate decision-making.
With this partnership, LG CNS plans to first accelerate AI transformation across the group. Before targeting external clients, LG CNS conducted a proof-of-concept applying Foundry and AIP to quality control at one LG Group manufacturing affiliate. That company has since signed a full project contract. LG CNS has also completed internal validation by applying Foundry and AIP within its own operations. Building on this expertise, LG CNS will support the deployment of Palantir platforms across various LG Group affiliates in manufacturing, energy, electronics, and logistics.
Industry observers view this partnership as part of LG Group's broader AX initiative. Earlier this year, LG Group Chairman Koo Kwang-mo called for comprehensive AI transformation in his New Year's address, stating, "At this inflection point where a new future is opening, we need innovation that goes beyond our past success formulas." LG Group affiliates have since established dedicated AX organizations. LG Electronics merged its existing DX Center and business innovation unit into an elevated "AX Center." LG Energy Solution is moving to hold its "AI Transformation Council," attended by key executives, at the top management level. LG Display converted its Digital Transformation (DX) group into an "AX Group" and elevated it to report directly to the CEO.
LG Group's accumulated AX experience is also expected to help attract external clients in the future. "Through this opportunity, we can build a track record of deploying Palantir across all industrial sectors via LG Group affiliates," an LG CNS representative said. "This will serve as a strong reference for future external sales."
The collaboration is also expected to expand Palantir's influence in the Korean market. Since 2021, Palantir has jointly pursued a "Future Advanced Shipyard Project" with HD Hyundai based on data, AI, and robotics. HD Hyundai holds a 34% stake in Palantir Korea. In March last year, Palantir signed its first strategic partnership in Korea with KT, granting KT exclusive sales rights for Korea's financial industry.
"Korean companies have largely focused on building their own Palantir-style models internally rather than using Palantir's actual model, due to security and staffing concerns," an industry source said. "Many companies want to use Palantir's model, but realistically only large corporations can actually sign such contracts."