Doosan Group and International Business Machines Corporation (IBM) announced they have expanded their partnership in digital solutions and environmental, social, and governance (ESG) during a recent executive meeting in the United States. The companies also mentioned that they will start working on artificial intelligence strategies.
The Doosan Group and IBM Corp. discussed further collaborations on the mentioned segments in New York City late last week. At the meeting, the South Korean company was represented by its vice chairman, Park Ji Won, who met with IBM senior executives, including Chairman Arvind Krishna and senior vice president Rob Thomas, as per Pulse News.
Strengthening Their Ties in Various Businesses
The Doosan Group confirmed on Sunday, April 7, that its cooperation with IBM has been expanded. The companies said they will boost their ties in the digital solutions business and work more on AI this time.
During the meeting, the executives evaluated the current status of their collaborative projects. They have also discussed future plans for these ongoing works while exchanging insights on different technological trends for their future projects.
Doosan to Adopt IBM’s Technology
Doosan Group said its renewed partnership with IBM is mainly to enhance their tie-up in digital solutions. The South Korean heavy equipment manufacturer company has teamed up with IBM to set up the enterprise resource planning system in Doosan Bobcat. This leading global company specializes in building compact construction equipment, utility equipment, and portable power.
Doosan adopted IBM’s operational technology security solutions and formed artificial intelligence strategies together. According to Korea Joongang Daily, Doosan aims to digitize its Doosan Enerbility unit, Doosan Robotics, and other subsidiaries through its tie-up with IBM. Finally, the firm’s vice chairman, Park Ji Won, also visited the latter’s quantum research and development center for joint efforts in quantum computing technologies.
Photo by: Carson Masterson/Unsplash


How AI prompting turned writerly description into an everyday skill
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom
Heineken Names JDE Peet’s CEO Rafael Oliveira as New Chief Executive
California Drivers Sue BP, Walmart, 7-Eleven Over Alleged AI Gas Price Fixing
Qualcomm Nears $4 Billion Acquisition of AI Chip Startup Modular
Ryan Cohen Rejects GameStop Pay Package, Prepares New eBay Acquisition Plan
Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence
Meta Pauses Employee Activity Tracking Program Over Data Security Concerns
Apple Signals Product Price Hikes Amid Rising Memory Chip Costs
Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White
SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist
Nike CFO Shake-Up Fuels Concerns Over Turnaround Strategy
Trump Says Anthropic No Longer Seen as National Security Threat 



