SEOUL, July 24, 2014 — LG Electronics Inc. (LG) announced a 165 percent increase in second-quarter net profit compared with the same period last year, reflecting strong earnings from both the TV and mobile operations. LG reported second-quarter 2014 net profit of KRW 412 billion (USD 399.8 million) and operating profit of KRW 606 billion (USD 588.5 million), an increase of 26.5 percent year-over-year. Unaudited second quarter consolidated revenues of KRW 15.37 trillion (USD 14.93 billion) increased 7.7 percent from the previous quarter. The LG Home Entertainment Company saw steady…

Due to their central role in client relationships, advisors are at the heart of traditional wealth management models. However, the need for advisors to guide clients through options in an opaque market is increasingly being called into question. As information proliferates and technology expands, potentially disruptive new competitors are coming online and forcing wealth managers to reconsider the role of the advisor. New channels for obtaining investment advice and selecting and evaluating advisors are emerging—all with the backdrop of a rapidly changing regulatory landscape. This is broader than just toolsets.…

(Fornebu 23 July 2014) Telenor Group is reporting solid financial performance for the second quarter with profitable growth. The results show close to four million new customers, continued revenue growth, a strong EBITDA margin of 36% and an operating cash flow of more than NOK 5.6 billion. Telenor Group reported revenues of NOK 26.8 billion in the quarter, representing an organic revenue growth of 1.6%. “The strong results in Norway reflect the rapid rise in customer demand for mobile data and our ability to provide relevant services supported by superior…

Manufacturers will attract and retain more millennial customers than their competitors if they implement ERP software today. Tork, a professional hygiene brand owned by Svenska Cellulosa Aktiebolaget (SCA), recently completed its sixth green business survey andproduced crucial information for any business currently dealing with millennials. Millennials, or Generation Y, include young people born between the early 1980s and the early 2000s. The Gen Y population is not only the group most dedicated to the purchase of sustainable products, it will also pay a higher price for them and has done so more consistently than…

Security Solutions Offer MSPs a Great Opportunity for Business Growth, But Service Providers Must Address the Licensing Issues Managed services providers (MSPs) are experiencing a world of change these days, as cloud computing and the “as-a-service” trend continues to grow and have a huge impact on virtually every aspect of IT. Consider the impact that the growth of public cloud services from Amazon Web Services and other providers has had on IT operations. And think about how much virtualization technologies from vendors such as VMware has changed the way data…

IDC Health Insights today revealed a new methodology to help healthcare organizations navigate the challenges of Big Data and analytics (BDA) projects aimed at supporting the achievement of integrated care objectives. As European health systems face increasing pressure on care services due to resource constraints and an aging population with chronic diseases, integrated care seems an ideal solution to address health system sustainability challenges. Integrated care pathways, involving greater collaboration between hospital and primary care as well as social care settings, will require information to be relevant to the context in…