Today, all businesses are required to be agile and react promptly to changes in the business environment and to customer behaviour. If one pays close attention, it is very evident that digitization has become a significant asset for many companies’ quest for growth. Executives consider that strategic intent behind their digital programs is either to build competitive advantage in an existing business or to create new business and tap new profits.
The highlight is that digitization is of strategic importance to many company leaders.
As a major emerging market and one of the fastest growing economies in the world, India’s initiative to Digitalize has somehow brought down the barrier that the rigid government processes has created in past. PM Narendra Modi’s initiative to Digitalize India is to transform India on a scale that would touch lives of those living in farthest corner of the country and will also bring a change in the way India live and work.
Most of the organizations are having only basic grasp on the value Digital can create. To reap the rewards at digital scale, organisations need to understand better what they can reap from digital initiatives. LG Business Solutions Team not only understood but was working towards solutions for this Digitalization era that is going to transform Indian Industries. Our division is not only working in accordance to global consumption patterns but has paid attention to the pace at which local Indian market is adapting with the international trends. Whether its application solutions for Corporate office, hospitality industries or local SMBs.
LG offers most versatile assortment of Displays and the offerings blend well with the growing requirements of various verticals like government, education, retail, corporate, BFSI, etc. Our aspiration is developing technologically advanced Seamless Display devices and building more effective user friendly solutions around these products that encourage acquisition of end customers in different verticals. We provide complete solutions to our customers along with some of our partners, this helps us in maintaining competitive parity and drive growth in near future. 2016 has been a year where we have showcased our technological advancement over our competition at its best. LG’s share in Digital Signage Display market has grown at a fast pace and that is evident from its current position as Market leader in Digital Signage Display Category. Digital Signage Display Market is growing at CAGR (`14~`18) 4.0% and LG’s market share is expected to grow exponentially and we focus on maintaining the position of Market Leader.
