A Remarkable Year for Lenovo: Embracing the Future of AI
As we wrap up another fiscal year, Lenovo stands proud of the remarkable achievements made towards advancing the vision of "Smarter AI for All." This year marks a milestone as the company celebrates two decades of global expansion and steps into its fifth decade of existence. Lenovo is strategically positioned to leverage the transformative potential of artificial intelligence (AI) and usher in a new era of growth.
A Year of Exceptional Achievements
Lenovo has experienced one of its most successful years to date. Despite the challenges posed by global political and economic instability, the company has achieved substantial revenue growth and a significant increase in profits year over year. Lenovo’s unwavering commitment to innovation and operational excellence has been pivotal in reaching these milestones.
The company’s smart devices segment continues to lead the global PC market, maintaining a competitive edge and expanding rapidly in the smartphone sector. The smart infrastructure business has experienced hypergrowth, achieving breakeven status in the latter half of the fiscal year, and is now on a trajectory towards sustainable profitability. This success is driven by robust growth in both cloud service provider and enterprise/small to medium-sized business (SMB) segments. Additionally, Lenovo’s solutions and services business has delivered impressive growth and profitability, developing new AI solutions across diverse sectors while leveraging the Lenovo Hybrid AI Advantage.
Operational Excellence and Innovation
Central to Lenovo’s success is its commitment to operational excellence, exemplified by its unique ODM+ model. This approach combines in-house manufacturing with outsourced production, offering cost competitiveness and enhanced customization. By learning from industry best practices, Lenovo can adopt cutting-edge technologies and processes. The company’s Global/Local model further harnesses global resources in capital, talent, supply chain, manufacturing, and research and development. At the same time, it ensures localized sales, marketing, fulfillment, and services to customers in 180 markets worldwide. This model fosters higher customer satisfaction, robust compliance, community engagement, and secure operations.
A key factor in Lenovo’s triumphant year is its increased investment in innovation, with a strong focus on hybrid AI. In the realm of personal AI, Lenovo leads the global AI PC race by introducing advanced AI agents and innovative form factors that have captivated the industry. In enterprise AI, Lenovo has launched AI servers and continues to be a market leader with its Neptune liquid cooling solutions. The Lenovo Hybrid AI Advantage integrates hybrid infrastructure, a model factory, and an agent platform with AI services and applications, delivering significant value to enterprise customers.
Lenovo’s AI Decade
Looking towards the future, Lenovo is committed to a decade defined by hybrid AI. The company aims to integrate public, personal, and enterprise AI to meet customer needs for effectiveness, efficiency, responsiveness, security, privacy protection, and sustainability.
Lenovo’s milestone AI PC product has transformed personal computing into personalized AI experiences. The upcoming generation of devices will feature significantly improved on-device AI inferencing capabilities. Lenovo is pushing the boundaries by developing personal super AI agents with enhanced perception, interaction, cognition, decision-making, autonomy, and evolutionary capabilities. These advancements will create a secure and private AI experience for users, bringing them closer to the concept of personal AI twins.
In enterprise AI, Lenovo is expanding hybrid infrastructure by combining client devices, edge computing, networks, and hybrid cloud environments. This infrastructure streamlines data collection, storage, processing, and deployment of trained AI models. Utilizing enterprise data, Lenovo develops functional and vertical solutions through its model factory and agent platform. The Lenovo Hybrid AI Advantage encompasses the full potential of these capabilities, creating a variety of AI applications — or "domain AI agents" — for enterprises and organizations. Collectively, these domain AI agents form an enterprise super AI agent. Furthermore, Lenovo is building enterprise super AI agents, either as digital assistants or robots, to command domain AI agents, access enterprise knowledge, perform reasoning, orchestrate tasks, and proactively execute jobs, bringing the concept of enterprise AI twins closer to reality.
New Partnerships and Expanding Horizons
Lenovo’s recent partnerships add to the excitement of this transformative journey. The company’s collaboration with Alat opens doors for growth in Saudi Arabia and the Middle East/Africa region, while expanding Lenovo’s global footprint and enhancing supply chain resilience.
Additionally, building on the success of its F1 partnership, Lenovo is now the official technology partner for FIFA. This partnership with two of the most technologically advanced and popular sports in the world — F1 and FIFA — provides Lenovo with a prime opportunity to showcase its technology and solutions on a global stage.
This is an exhilarating time for Lenovo. Twenty years after its initial steps towards global expansion, the company has developed a unique model that has proven effective in navigating uncertain times. With a focus on operational excellence, innovation, and a diverse and unified One Lenovo team worldwide, Lenovo is confident that its best days are yet to come, and it is on track to turn its vision into reality.
For further information, readers can refer to Lenovo’s FY2024/25 Annual Report available here.
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