LG Software India, in contrast appears to be doing the kind of work that any other services company in India is doing?
Can you explain this? LG is a $80 billion group. LG Soft India (LGSI) has equity ownership by LG Electronics, American International Group (AIG) and by their employees. The company has been established to provide an impetus for LG, the conglomerate’s global entry into the software IP and services area. Within Korea, LG has a 6,000-member company LG CNS (earlier LG-EDS). LG CNS provides services only in Korea whereas LGSI was set up to address the global market. It’s also a misconception that we are just another services company. LGSI works in a few specific niche areas. LGSI has three business units. One, the Enterprise Technology Group, working in the area of business applications – e-commerce, supply chain, e-procurement etc. That’s one area of service we offer. Two, the Convergent Technology Group that provides technology expertise for specific areas in which LG operates. For instance, television today is analog television; but it will go digital sooner or later. To get to digital t
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