As we conclude one other profitable fiscal yr, I’m proud to replicate on the numerous strides we’ve made in advancing our imaginative and prescient of Smarter AI for All, whereas delivering robust efficiency and relentless innovation. Celebrating 20 years of going international and getting into the fifth decade of our journey, we’re uniquely properly positioned to harness the transformative energy of AI and pursue a brand new period of progress.
Considered one of Lenovo’s Finest Years Ever
I’m happy to report that Lenovo simply concluded among the finest years in our historical past. Regardless of international political and financial turbulence, we achieved substantial income progress and elevated revenue considerably yr on yr. Much more, we strengthened our dedication to innovation and saved elevating the bar for operational excellence.
Our good gadgets enterprise continued to guide the worldwide PC market with elevated aggressive benefit and expanded quickly and profitably within the international smartphone market. Our good infrastructure enterprise delivered hypergrowth, achieved breakeven within the second half of the fiscal yr, and is now turning right into a sustainably worthwhile enterprise, pushed by robust progress in each cloud service supplier phase and enterprise/ SMB phase. Moreover, our options and companies enterprise delivered excessive progress and excessive profitability, constructing new horizontal and vertical AI options whereas unleashing Lenovo Hybrid AI Benefit.
Key to those successes is our dedication to operational excellence, notably our distinctive ODM+ mannequin, combining in-house manufacturing with outsourced manufacturing to present us value competitiveness and higher customization. It additionally permits us to be taught from trade finest practices and undertake probably the most superior applied sciences and processes. Our distinctive International/Native mannequin leverages international sources in capital, expertise, provide chain, manufacturing in addition to analysis and growth, whereas delivering the final mile of native gross sales, advertising and marketing, achievement, and companies to clients in 180 markets. This mannequin helps drive greater buyer satisfaction, sturdy compliance, deep group engagement, and safer and resilient operations.
One other crucial issue behind our profitable yr is our elevated funding in innovation with a transparent concentrate on hybrid AI. In private AI, Lenovo is already main the worldwide AI PC race, introducing superior AI brokers and progressive kind components that wowed the trade. In enterprise AI, we’ve launched AI servers and continued to guide the market with our Neptune liquid cooling options. And Lenovo’s Hybrid AI Benefit combines hybrid infrastructure, mannequin manufacturing unit, and agent platform with AI companies and purposes to ship worth to enterprise clients.
Embracing Lenovo’s AI Decade
Wanting forward, I consider our fifth decade will likely be Lenovo’s AI decade.
Lenovo stays dedicated to a future outlined by hybrid AI — integrating public, private, and enterprise AI to fulfill buyer wants by way of effectiveness, effectivity, responsiveness, safety and privateness safety, and sustainability.
Our milestone AI PC product has remodeled private computing into personalised AI. And the upcoming technology will quickly characteristic considerably improved ondevice AI inferencing capabilities. However we don’t cease right here. We’re driving the subsequent stage of breakthroughs with private tremendous AI agent, which options new capabilities in notion and interplay, cognition and choices, and autonomy and evolution, making a safe and personal AI expertise for customers and taking them one step nearer to non-public AI twins.
In enterprise AI, Lenovo continues increasing hybrid infrastructure by combining shopper gadgets, edge computing, networks, and hybrid cloud environments. This construction streamlines knowledge assortment, storage, processing, and deployment of skilled AI fashions. Using enterprise knowledge, Lenovo develops practical and vertical options by way of our mannequin manufacturing unit and agent platform. Once we put all these capabilities collectively, and meet the necessities of safety, compliance and AI governance, we now have Lenovo Hybrid AI Benefit. By absolutely unleashing the capabilities constructed below Lenovo Hybrid AI Benefit, Lenovo has a mission of constructing quite a lot of AI purposes — or “area AI brokers” — for all sorts of enterprises and organizations. And collectively, all these area AI brokers inside an enterprise will kind an enterprise tremendous AI agent. Moreover, we’re constructing enterprise tremendous AI brokers, both as digital assistants or robots, to command area AI brokers to entry enterprise data, carry out reasoning, orchestrate duties and proactively execute jobs, thus making enterprise AI twins a a lot nearer actuality.
New Partnerships, Larger Alternatives
Including to this pleasure are our new partnerships.
Lenovo’s not too long ago introduced Alat partnership is opening doorways for us to pursue progress in Saudi Arabia and the Center East/Africa area, whereas increasing our international footprint and including resilience into our provide chain.
Much more, constructed upon the success with our F1 partnership, Lenovo is now the official expertise companion for FIFA. Between F1 and FIFA, Lenovo powers probably the most technologically superior and fashionable sports activities in the whole world — the right alternative to point out the world what our expertise and options can do.
This can be a really thrilling time for Lenovo. Twenty years after our first step of going international, we’ve constructed a singular mannequin that has confirmed to work at unsure instances. It would information to navigate any contextual challenges. With our operational excellence, dedication to innovation, and numerous and unified One Lenovo crew all over the world, I’m assured that our greatest days are but to come back, and we’ll flip our imaginative and prescient into actuality.
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Learn Lenovo’s FY2024/25 Annual Report: click on right here
