South KoreaManufacturing2024 – ongoingLS Group
LSGPT for employee contract review and document drafting
LS Group made LSGPT available across the group and reported 98% lower costs than an alternative AI solution
Problem
License costs and data-security concerns complicated group-wide AI deployment. AI use also differed across affiliates.
Approach
LS ITC developed LSGPT using OpenAI models and connected it with Microsoft 365. Employees used templates for contract review and document drafting. Encryption and access controls protected internal data.
Results
Takeaway
The reported cost reduction compared LSGPT with an alternative commercial AI solution. It did not measure a reduction in total administrative spending.
Categories
- Size
- Large enterprise
- Industry
- Manufacturing
- Business function
- Internal work and knowledge managementFinance, risk and legal
- Innovation type
- Process innovation
- AI technology
- Generative AI
- Adoption
- Built in-house
- Evidence
- Company's own claim
Sources
Source summaries
An LS ITC executive described LSGPT deployment across approximately 12,000 employees. LS reported a 98% cost reduction against an alternative commercial AI solution and described contract-review and drafting uses.
Full details are in the original sources.