Giant South Korean information technology company, Samsung Electronics has launched a program of the next 100 years. Samsung claimed to have a strategy for 100 years rather than 25 years or annual targets.
President and CEO of Samsung Electronics BK Yoon who was in Dubai to attend the Summit 2015 The Government acknowledges its secret weapon is in three things called 3P.
3P secret that is Product, Process and People (human resources). The three pillars that form the history of innovation Samsung.
"The vision we see the next 100 years and is active in accordance with the priorities and competitiveness, with the ultimate goal be long-term industry leader," said Yoon as quoted from Emirates247, Wednesday, February 11th, 2015.
Yoon tells difficult times such as Samsung make changes to the TV industry by issuing a super-thin LED televisions.
"During that time, I learned that the only way to advance is to leave all the technology and thinking behind and reset the rules of the game."
Now, Yoon boasted if in every second, 20 Samsung devices in the hands of customers. Nearly 665 million Samsung devices have been sold in 2014.
According to Yoon, technology is the key to penetrate the mega-trend, especially with the concept of the Internet of Things (IOT).
By implanting sensors, intelligent components, and enhanced connectivity in everyday devices, and using Big Data analysis to understand and act on the information they produce, IOT holds infinite possibilities to provide solutions that make our lives more healthy, comfortable and safe .
For Yoon, Samsung's future will be dominated by the Internet of Things technology. In 2020, Samsung will embed IOT technology on all devices issued. To that end, Yoon called an open ecosystem to harness the transformational potential of the IOT.
"In order to run a successful IOT, it must be developed starting from the day-to-day needs and is built on an open ecosystem," he said. Therefore, Yoon expect no support from the government. Collaboration between government and the private sector is very important to open up infinite possibilities of the IOT.
source: emirates247.com
