iot network - AI-Tech Park https://ai-techpark.com AI, ML, IoT, Cybersecurity News & Trend Analysis, Interviews Tue, 27 Aug 2024 12:00:06 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.16 https://ai-techpark.com/wp-content/uploads/2017/11/cropped-ai_fav-32x32.png iot network - AI-Tech Park https://ai-techpark.com 32 32 Tuya Announces Changes to Board and Senior Management https://ai-techpark.com/tuya-announces-changes-to-board-and-senior-management/ Tue, 27 Aug 2024 09:54:12 +0000 https://ai-techpark.com/?p=177702 Tuya Inc. (“Tuya” or the “Company”) (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that Ms. Yao (Jessie) Liu has tendered her resignation as a director, the Chief Financial Officer and senior vice president of Tuya, effective September 16, 2024. Ms. Liu has made this decision to devote more...

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Tuya Inc. (“Tuya” or the “Company”) (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that Ms. Yao (Jessie) Liu has tendered her resignation as a director, the Chief Financial Officer and senior vice president of Tuya, effective September 16, 2024. Ms. Liu has made this decision to devote more time to her personal endeavors.

The Company is grateful for the invaluable contributions she made during her more than 5-year tenure. “On behalf of Tuya, I want to express our deep appreciation to Jessie for her invaluable contributions to Tuya. Since joining in 2019, Jessie has been instrumental in our success, particularly in leading our public listings on the New York Stock Exchange in 2021 and the Hong Kong Stock Exchange in 2022,” said Mr. Xueji (Jerry) Wang, Tuya’s founder, director, and Chief Executive Officer. “Her capital market and financial expertise have been crucial in shaping Tuya’s strategic direction and strengthening our position in the global IoT industry. Additionally, Jessie’s efforts in driving operational optimization and efficiency management have significantly contributed to enhancing our business and financial profitability, even amidst challenging headwinds. We are immensely grateful for her service and wish her the very best in her future endeavors.”

Reflecting on her time at Tuya, Ms. Liu stated, “It has been a tremendous honor to be part of Tuya’s journey. I am proud of what we have achieved, especially our commitment to building a global IoT developer ecosystem. I am grateful to Jerry, the Board, and my colleagues for their trust and support throughout the years. As I prepare to devote more time to my personal endeavors, I remain confident in Tuya’s bright future as a leading global cloud platform service provider.”

Following Ms. Liu’s departure, Mr. Yi (Alex) Yang, a director, co-founder of the Company, will take on the additional role of Chief Financial Officer.

Mr. Yang, who will assume the role of Chief Financial Officer, brings extensive experience in operational leadership, including expertise relating to both business and financial management. As a director and co-founder, Mr. Yang has played a pivotal role in Tuya’s growth since its startup, funding and strategic direction. His deep understanding of our business and related financial operations, combined with his track record in driving efficiency and profitability, positions him well to continue building on the strong foundation laid by Ms. Liu.

The Company remains fully committed to our long-term strategic vision of being a global leader in the smart solution industry. The transition in leadership will not alter our focus on delivering value to our shareholders, enhancing our developer ecosystem, and maintaining our position as a leading cloud platform service provider. The Board and management team are unified in driving Tuya’s growth and ensuring continuity in our financial and operational strategies.

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Wiliot announced the launch of WiliBot https://ai-techpark.com/wiliot-announced-the-launch-of-wilibot/ Tue, 20 Aug 2024 17:15:00 +0000 https://ai-techpark.com/?p=177044 The company’s new WiliBot GenAI chatbot opens a portal between the physical world and artificial intelligence. By allowing “things to talk,” businesses and consumers can ask questions about – and have conversations with – the myriad products connected to the ambient Internet of Things. Wiliot, the ambient Internet of Things...

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The company’s new WiliBot GenAI chatbot opens a portal between the physical world and artificial intelligence. By allowing “things to talk,” businesses and consumers can ask questions about – and have conversations with – the myriad products connected to the ambient Internet of Things.

Wiliot, the ambient Internet of Things (IoT) pioneer, announced today the launch of WiliBot, a generative AI (GenAI) chatbot that enables natural-language conversations with any ambient IoT-connected product. When the power of generative AI is combined with this enormous source of real-time ambient physical world data, companies – and eventually consumers – can have important conversations with the products they make, source, distribute, and ultimately purchase.

With WiliBot, companies will be able to converse with their products and supply chains by asking questions such as: What’s the shelf life of this product? How did it get to the store? Which product should I stock next, and why? Is this product safe to stock, and why? What is the carbon footprint of this product, and why is it so low or so high? 

“Ambient IoT and generative AI are increasingly symbiotic technologies,” explained Wiliot CEO Tal Tamir. “Ambient IoT generates vast amounts of data about trillions of everyday things, and GenAI can uniquely make sense of all that data. On the flipside, GenAI learns by analyzing vast amounts of data. To a real extent, that data has so far been finite, but ambient IoT presents massive new physical world datasets that a GenAI platform like WiliBot — and others — can use to describe products, materials, supply chains, and everything connected to the internet.”

Wiliot’s Ambient Data Platform uses stamp-sized, self-powered IoT Pixels affixed to products, packaging, containers, crates, pallets, and more. These IoT Pixels communicate via Bluetooth information such as location, temperature, humidity, and carbon footprint to the Wiliot cloud where businesses analyze the data.

Wiliot-developed AI and machine-learning algorithms can then identify supply chain “events” and automatically generate alerts or AI responses that allow business to course-correct or optimize their operations, like when sensing that shipments of produce or pharmaceuticals have been handled at unsafe temperatures.

“Although Wiliot’s work in generative AI is relatively recent, the company has long been a pioneer in artificial intelligence and machine learning for deriving insights into ambient IoT data,” Tamir continued. “As more companies have begun rolling out Wiliot’s Ambient Data Platform, we’ve been asked how GenAI capabilities might make the transformation even easier. Our answer is WiliBot, the real-world combination of ambient IoT and AI.”

Wiliot will begin piloting WiliBot with key enterprise customers starting immediately, with a broader rollout scheduled for late 2024 and into 2025. During this piloting phase, WiliBot will be used by businesses seeking to ask questions about their ambient IoT-enabled products and supply chains.

In the future, this convergence of ambient IoT and generative AI will be made available to consumers in-store and at-home through an ecosystem of mobile apps – enabling consumers to speak to and converse with their products to better understand their carbon footprint, materials composition, ethical sourcing compliance, quality and safety, and more.

“Wiliot’s Ambient Data Platform already allows companies to gain unprecedented intelligence about trillions of products,” Tamir concluded. “Now more businesses – and in the future consumers – will be able to ask about and easily understand everything about those products. With WiliBot, we’re answering the question, ‘What if your products could talk?’ Now they can, in natural language, thanks to WiliBot.”

WiliBot is built on top of a leading large language model (LLM) to combine the breakthrough capabilities of ambient IoT with GenAI computational power to usher in a new era of supply chain visibility.

The importance of the linkage between ambient IoT and AI has been recently borne out in projects with leading food retailers. In the projects, the Wiliot Ambient Data Platform revealed that food shrink accounts for roughly 5 percent of goods in the food chain – food that is lost, damaged, or spoiled before it reaches store shelves. 

The Wiliot platform is able solve two-thirds of these food shrink issues – ensuring a safer food supply, higher customer satisfaction, and lower costs – while WiliBot will now democratize access to these insights across the organization.

Wiliot will demonstrate WiliBot and its Ambient Data Platform at MWC Las Vegas 2024, October 8-10, in West Hall Booth 910. The company will also offer insights on the convergence of ambient IoT and artificial intelligence in its October 9 session, titled “5G Advanced Release 19: Transforming Industries with Ambient IoT and AI.”

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SEALSQ Introduces QS7001 for IoT security in the Post-Quantum Era https://ai-techpark.com/sealsq-introduces-qs7001-for-iot-security-in-the-post-quantum-era/ Tue, 20 Aug 2024 08:30:00 +0000 https://ai-techpark.com/?p=176934 SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, is pioneering the shift to quantum-resistant cybersecurity with its newly developed post-quantum chip, QS7001. As the digital age progresses, the need for robust, quantum-resilient security becomes...

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SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, is pioneering the shift to quantum-resistant cybersecurity with its newly developed post-quantum chip, QS7001. As the digital age progresses, the need for robust, quantum-resilient security becomes more pressing than ever. SEALSQ’s groundbreaking platform represents a vital advancement in securing critical data and infrastructure against the imminent threats posed by quantum computing.

SEALSQ’s QS7001: A Game-Changer in Post-Quantum Cybersecurity
In response to the growing quantum threat, SEALSQ has introduced the QS7001, a cutting-edge RISC-V secure hardware platform specifically designed for IoT security in the post-quantum era. The platform incorporates NIST’s recommended quantum-resistant algorithms, Kyber and Dilithium, to ensure robust protection against quantum-enabled breaches. This innovation positions SEALSQ at the forefront of the transition to post-quantum security solutions.

“The QS7001 represents a transformative leap in cybersecurity,” said Jean Pierre Enguent, CTO at SEALSQ. “As quantum computing capabilities advance, the vulnerabilities of current encryption methods become increasingly apparent. With our QS7001, we are set to provide industries and governments with the tools they need to safeguard their data and devices against the looming quantum threat.”

Additional details can be found at https://www.sealsq.com/semiconductors/post-quantum-risc-v-chips

The Quantum Computing Threat and Its Impact on Cybersecurity
Quantum computing is set to revolutionize multiple industries, but it also poses significant risks to current encryption methods. Traditional cryptographic algorithms like RSA and ECC, which have been the bedrock of secure communications, are increasingly vulnerable to attacks by quantum-enabled adversaries. The immense processing power of quantum computers, which can solve complex mathematical problems exponentially faster than classical computers, threatens to render existing cryptography obsolete.

The urgency of addressing this threat was underscored by the recent release of three quantum-resistant encryption algorithms by the U.S. National Institute of Standards and Technology (NIST). These algorithms, developed through NIST’s rigorous post-quantum cryptography standardization process, are a critical step toward securing sensitive data from future quantum attacks.

For more information visit: https://www.sealsq.com/about/research-innovation/quantum-proof-cryptography

Post-Quantum Cryptography: A Necessary Evolution
The advent of quantum computing requires a proactive approach to secure today’s and tomorrow’s information. Post-quantum cryptography (PQC) is not merely an enhancement of existing methods but a complete rethinking of how data security is approached in a world where quantum attacks are no longer theoretical but imminent. NIST’s newly introduced standards, encapsulated in FIPS 203, 204, and 205, offer a framework for general encryption and digital signatures that are resistant to quantum computing capabilities.

SEALSQ’s QS7001 platform is certified to the Common Criteria EAL5+ and compliant with FIPS SP800-90B, ensuring it meets the highest standards of reliability and security. The QS7001 is engineered to protect IoT devices across sectors such as healthcare, finance, and critical infrastructure, providing a robust line of defense against “harvest now, decrypt later” threats—where adversaries gather encrypted data today, intending to decrypt it once quantum technology matures.

Securing the Future: SEALSQ’s Vision for a Quantum-Resistant World
SEALSQ’s commitment to leading the post-quantum transition is evident not just in the QS7001 platform but in the company’s broader strategy. By aligning with NIST’s guidelines and industry standards, SEALSQ is setting a new benchmark for secure IoT solutions in a rapidly evolving cybersecurity landscape.

“As we stand on the brink of the quantum era, it’s essential that we prepare for the security challenges it will bring,” added Bernard VIAN, Managing Director, “SEALSQ is dedicated to ensuring that our customers and partners are equipped with the technology needed to stay ahead of these emerging threats. The QS7001 is just the beginning of our journey toward building a resilient, quantum-secure digital future.” https://www.ineltek.co.uk/post/ensuring-iot-security-post-quantum-sealsq-solutions

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Lexmark Named 2024 Global Print Security Leader by Quocirca https://ai-techpark.com/lexmark-named-2024-global-print-security-leader-by-quocirca/ Mon, 19 Aug 2024 14:30:00 +0000 https://ai-techpark.com/?p=176867 Enhanced security-led hardware portfolio and refreshed Secure by Design approach earn accolades from industry watchers Lexmark, a global imaging and IoT solutions leader, has been named a leader in print security by Quocirca, a global print and market insight research firm. This is the third consecutive year Lexmark has earned the designation....

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Enhanced security-led hardware portfolio and refreshed Secure by Design approach earn accolades from industry watchers

Lexmark, a global imaging and IoT solutions leader, has been named a leader in print security by Quocirca, a global print and market insight research firm. This is the third consecutive year Lexmark has earned the designation.

In its Print Security Landscape 2024 report, Quocirca recognized Lexmark’s recent achievements — including refreshing its Secure by Design messaging and enhancing its security-led hardware portfolio with the new flagship 9-Series A3 platform.

“Our Secure by Design approach continues to win accolades from industry analysts because it sets the standard for security,” said Melanie Hudson, Lexmark senior vice president and chief commercial officer. “Customers can depend on Lexmark in a world of ever-evolving technology threats and disruptions.”

In naming Lexmark a 2024 print security leader, Quocirca highlights Lexmark’s:

  • Secure by Design approach. “Lexmark’s long-established Secure by Design approach ensures security is embedded in all its products. This encompasses core device security, device and data hardening, and security solutions and services to build in features designed to fit customers’ varied security risk profiles.”
  • Enhanced security services. “Recent developments include a new Security Services program launched in January 2023 in North America and EMEA and November 2023 in Australia and New Zealand, with other geographies to follow.”
  • Core technology ownership. “A strong differentiator for Lexmark is technology ownership across hardware, firmware and software, which enables it to quickly assess and address customer-specific security needs.”

Quocirca Director Louella Fernandes said, “Lexmark once again demonstrates its security prowess by refreshing its Secure by Design messaging to create a fresh narrative around its robust security story to educate and inform customers. The company’s strong credentials and technology ownership allow it to quickly size up potential customers, offering customizable solutions based on each client’s security needs.”

Supporting resources

  • Read an excerpt of the Quocirca Print Security Landscape 2024 report.
  • Learn more about Lexmark’s Secure by Design approach.
  • Learn more about the new Lexmark 9-Series printers and multifunction products (MFPs).
  • Subscribe to the Lexmark News Blog.
  • Follow Lexmark on LinkedIn. 

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Milesight, Morse Micro Unveil Wi-Fi variants of three products https://ai-techpark.com/milesight-morse-micro-unveil-wi-fi-variants-of-three-products/ Fri, 16 Aug 2024 13:50:00 +0000 https://ai-techpark.com/?p=176708 Enhanced IoT Connectivity Range Brings Wi-Fi HaLow to Market Milesight, a global leader in smart IoT solutions, and Morse Micro, a leading fabless semiconductor company specializing in Wi-Fi HaLow solutions, are thrilled to announce the arrival of Wi-Fi HaLow variants of the X1 Sensing Camera, VS135 Ultra ToF People Counter,...

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Enhanced IoT Connectivity Range Brings Wi-Fi HaLow to Market

Milesight, a global leader in smart IoT solutions, and Morse Micro, a leading fabless semiconductor company specializing in Wi-Fi HaLow solutions, are thrilled to announce the arrival of Wi-Fi HaLow variants of the X1 Sensing Camera, VS135 Ultra ToF People Counter, and the HL31 Wi-Fi HaLow Gateway. This new range can transmit pictures and other data at higher speeds with low power consumption thanks to Wi-Fi HaLow. This partnership marks a significant milestone in advancing IoT connectivity and delivering unparalleled performance to customers worldwide.

The new Wi-Fi HaLow versions of the X1 Sensing Camera, VS135 Ultra ToF People Counter, and HL31 Wi-Fi HaLow Gateway have been designed to revolutionize the way IoT devices connect and communicate, offering unmatched range, power efficiency, and device capacity.

Milesight’s new Wi-Fi HaLow devices are designed to meet the growing needs of various industries and applications, including:

  • Smart City Solutions: Enhancing urban living with smart lighting, parking, and waste management systems.
  • Smart Building Solutions: Improving automation in buildings with accurate people counting and enhanced coverage.
  • Smart Retail: Enhancing customer experience and engagement with valuable insights.
  • Agricultural Applications: Revolutionizing farming with remote monitoring and precision agriculture tools.
  • Logistics and Asset Tracking: Ensuring efficient and secure tracking of assets and inventory.
  • Healthcare Innovations: Improving patient care with remote monitoring and telemedicine solutions.

Leon Jiang, Vice President at Milesight, said: “Wi-Fi HaLow has quickly gained global recognition for its robust performance and reliability. We are excited to launch the Wi-Fi HaLow versions of the X1 Sensing Camera, VS135 Ultra ToF People Counter, and HL31 Wi-Fi HaLow Gateway today. Milesight has always been at the forefront of adopting cutting-edge technologies to enhance our product offerings. Integrating Wi-Fi HaLow technology aligns with our commitment to providing innovative and reliable solutions to our customers. Wi-Fi HaLow’s extended range, low power consumption, and high device capacity make it the perfect fit for our diverse range of IoT applications.”

Professor Neil Weste, Fellow at Morse Micro, added: “Using the Milesight camera and gateway has been a game-changer in demonstrating the potential of Wi-Fi HaLow. The extended range and low power consumption are particularly impressive, opening up new possibilities for IoT applications that were previously out of reach. This collaboration exemplifies how advanced technology can seamlessly integrate into various industry scenarios, delivering tangible benefits.”

Michael De Nil, CEO of Morse Micro, commented: “The collaboration between Milesight and Morse Micro represents a significant step forward for the IoT industry. By leveraging the strengths of Wi-Fi HaLow technology, we are set to deliver exceptional connectivity solutions that will empower businesses and communities worldwide. This partnership underscores our shared vision of pushing the boundaries of IoT innovation. With Wi-Fi HaLow’s superior range and efficiency, combined with Milesight’s cutting-edge product offerings, we are confident in our ability to meet the evolving needs of our customers and drive the future of IoT connectivity. Together, we are not just enhancing products but also enabling smarter, more connected environments.”

Wi-Fi HaLow, based on the IEEE 802.11ah standard, is an innovative technology designed to provide long-range, low-power connectivity ideal for IoT applications. Unlike traditional Wi-Fi, Wi-Fi HaLow operates in the sub-1 GHz frequency band, offering extended range and improved penetration through walls and obstructions. With its ability to connect thousands of devices, Wi-Fi HaLow is poised to transform various industries, from smart cities and agriculture to logistics and healthcare.

Availability

The Wi-Fi HaLow version of X1 Sensing Camera, VS135 Ultra ToF People Counter, and HL31 Wi-Fi HaLow Gateway are available now across most regions. Contact Milesight IoT to start a design evaluation. Learn more at: https://www.milesight.com/

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Uniphore Appoints Ravi Mayuram as New Chief Technology Officer https://ai-techpark.com/uniphore-appoints-ravi-mayuram-as-new-chief-technology-officer/ Wed, 14 Aug 2024 15:44:17 +0000 https://ai-techpark.com/?p=176462 Uniphore, one of the world’s largest AI-native, enterprise-class companies, today announced the appointment of Ravi Mayuram as the company’s new Chief Technology Officer (CTO). Mayuram brings over 25 years of experience in engineering leadership and is poised to further Uniphore’s leadership in Enterprise AI. At Uniphore, Mayuram will lead the engineering team...

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Uniphore, one of the world’s largest AI-native, enterprise-class companies, today announced the appointment of Ravi Mayuram as the company’s new Chief Technology Officer (CTO). Mayuram brings over 25 years of experience in engineering leadership and is poised to further Uniphore’s leadership in Enterprise AI.

At Uniphore, Mayuram will lead the engineering team and take on the scaling up of Uniphore’s engineering platform, technology and AI groups, while ensuring the highest standards of security and performance.

Mayuram comes to Uniphore with a deep leadership background, having held several senior technical and management positions at leading software companies including Couchbase, BEA, HP, Informix, Oracle, and Siebel Systems. As an engineering leader, he has built teams from the ground up – in both established companies and startups – where he has been responsible for building systems, including operating systems, distributed databases, PaaS, SaaS as well as Edge and IoT systems.

Most recently, Mayuram was the Chief Development Officer at Luminary Cloud, where he led Products, Design and Engineering. Before that he was CTO of Couchbase, a leading cloud-native NoSQL database company, where he oversaw innovation, development and delivery of their popular database platform, and was instrumental in making them a successful public company. He has also led innovations in the areas of social graph, search and analytics at Oracle, and helped to initiate the company’s Cloud Collaboration Platform. His startup experience includes BroadBand Office (a Kleiner-Perkins venture), and Plumtree (acquired by BEA).

“It is with tremendous excitement that we welcome Ravi Mayuram to the Uniphore leadership team,” said Umesh Sachdev, CEO and co-founder of Uniphore. “As Uniphore becomes the preferred AI partner for the world’s largest enterprises, I am confident Ravi will help turbocharge our AI leadership and innovation into the future.”

Mayuram expressed enthusiasm about joining Uniphore, stating, “I am honored to join Uniphore at such a pivotal time in the company’s journey. Uniphore’s culture of AI innovation is unlike any other in the industry with technology that is tried, tested and trusted by the biggest companies. I am eager to work with this talented team of world-class engineers and leaders to further advance Uniphore’s technology and deliver even greater value to customers.”

For additional information on the U and Q product lines, please click here. To stay up to date with the latest commentary, follow Uniphore’s blog, or connect on LinkedIn, X, Facebook, or Instagram.

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OptConnect Achieves Seventh Consecutive Year on the Inc. 5000 List https://ai-techpark.com/optconnect-achieves-seventh-consecutive-year-on-the-inc-5000-list/ Wed, 14 Aug 2024 12:30:00 +0000 https://ai-techpark.com/?p=176384 Ongoing Success Reflects Company’s Rapid Growth and Expanded Global Presence OptConnect, an industry leader in managed wireless solutions, proudly announces its inclusion in the 2024 Inc. 5000 list, marking the seventh consecutive year the company has achieved this accolade. This recognition highlights the sustained growth and exceptional performance of OptConnect...

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Ongoing Success Reflects Company’s Rapid Growth and Expanded Global Presence

OptConnect, an industry leader in managed wireless solutions, proudly announces its inclusion in the 2024 Inc. 5000 list, marking the seventh consecutive year the company has achieved this accolade. This recognition highlights the sustained growth and exceptional performance of OptConnect among America’s fastest-growing private companies.

“We are honored to be included in the Inc. 5000 for the seventh year in a row. This achievement not only validates our growth strategy and ongoing commitment to innovation, but also reflects the hard work and dedication of our entire team,” said OptConnect CEO, Chris Baird. “2024 has been a remarkable year for us, marked by key product launches, strategic expansions, and growth into emerging sectors. Our success is a direct result of the passion and expertise of our employees, whose collective efforts have driven us to new heights. This recognition underscores our unwavering commitment to advancing industry-leading IoT capabilities and delivering outstanding value to our customers worldwide. We couldn’t have achieved this without our incredible team.”

The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. This year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.

In 2024, OptConnect achieved significant milestones, including the strategic acquisition of M2M DataGlobal, which has expanded the company’s global reach and capabilities. Additionally, the launch of the ema:USB, the world’s first smart USB modem, has reinforced OptConnect’s position as an innovator in managed wireless solutions. These accomplishments reflect the company’s ongoing dedication to growth and innovation, reinforcing its leadership position in the IoT connectivity industry.

For complete results of the Inc. 5000, including company profiles and an interactive database, visit www.inc.com/inc5000.

For more information about OptConnect, please visit www.optconnect.com.

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Manufacturers Rely on Observability to Drive Security, AI & IoT Adoption https://ai-techpark.com/manufacturers-rely-on-observability-to-drive-security-ai-iot-adoption/ Wed, 14 Aug 2024 11:59:00 +0000 https://ai-techpark.com/?p=176381 New Relic State of Observability for Industrials, Materials, and Manufacturing report shows 44% of respondents say the adoption of AI technologies are driving the need for observability, with 65% able to resolve incidents faster after adoption New Relic, the intelligent observability platform, published its State of Observability for Industrials, Materials, and...

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New Relic State of Observability for Industrials, Materials, and Manufacturing report shows 44% of respondents say the adoption of AI technologies are driving the need for observability, with 65% able to resolve incidents faster after adoption

New Relic, the intelligent observability platform, published its State of Observability for Industrials, Materials, and Manufacturingreport, which offers insights and analysis on the adoption and business value of observability. The report is based on insights from 285 technology professionals and was developed in association with the 2023 Observability Forecast. It shows that manufacturers are investing in observability to optimize uptime and improve productivity, cross-team collaboration, and strategic decision making.

The report highlights the importance of implementing full-stack observability, with respondents reporting a higher return on investment (ROI) after adoption. Additionally, 65% of industrials, materials, and manufacturing respondents said their mean time to resolution (MTTR) has improved since adopting observability. The report found that the primary strategies and trends driving observability include security (50%), AI technologies (44%), and IoT technologies (43%).

“We are witnessing a significant shift in how manufacturers adapt and thrive in a world driven by technology. These industries rely on observability to push innovation forward while maintaining reliable systems for their customers—all while cutting downtime and costs,“ said New Relic Chief Product Officer Manav Khurana.

Observability and AI drive industry advantages

As the manufacturing industry enters the Fifth Industrial Revolution, there is a strong focus on adopting new technologies to create a competitive advantage. Close to half (44%) of manufacturing organizations said AI technologies were driving observability needs. The powerful combination of technologies like observability and AI are creating greater insights into telemetry data and are crucial to addressing the surmounting complexities of growing data sets. Observability is critical to the success of AI, since it helps teams to understand their telemetry data, how to improve MTTR, and enables developers to easily apply fixes to code-level errors in their integrated development environment (IDE). It also increases automation for rapid alerts while improving incident detection and resolution.

Observability is key to reducing outages

Manufacturing organizations that had achieved full-stack observability saw a substantial rate of improvement in MTTR, with 34% reporting an improvement by 25% or more since adopting observability. These organizations also experienced less frequent high-business-impact outages, with 30% reporting outages at least once a week, compared to the average of 32%. Additionally, just 12% of responses estimated outages cost their organizations more than $1 million per hour compared to 21% overall.

Investments in observability drive productivity

More than half (51%) of manufacturing organizations said that observability improves cross-team collaboration and strategic decision making. When it came to what improved their life the most, nearly half (47%) of practitioners said observability increases productivity and that they can find and resolve issues faster.

“New Relic is a critical component in our DevSecOps cycle. New Relic will allow us to normalize the process of driving continuous application and service improvement through observing the user experience, which is key for any project and moves beyond setting and forgetting after deployment,” said Mitsuhiro Mabuchi, Ph.D, Group Manager, Cloud CoE Grp., DS System Development Dept., Advanced Data Science Management Div., Advanced R&D and Engineering Co., (Concurrently Lead of the CCoE Virtual Team at the Direct Reporting Digital Transformation Promotion Dept.), Toyota Motor Corporation.

For more information, view the State of Observability for Industrials, Materials, and Manufacturingreport.

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HPE Aruba Networking introduces NDR and Campus-based ZTNA https://ai-techpark.com/hpe-aruba-networking-introduces-ndr-and-campus-based-ztna/ Fri, 09 Aug 2024 16:15:00 +0000 https://ai-techpark.com/?p=176031 Expanded security solutions feature behavioral analytics for threat detection and response and ability to enforce security policies in the cloud and the local area network via Zero Trust Network Access (ZTNA) Hewlett Packard Enterprise (NYSE: HPE) today announced the expansion of its security-first, AI-powered networking portfolio with the introduction of...

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Expanded security solutions feature behavioral analytics for threat detection and response and ability to enforce security policies in the cloud and the local area network via Zero Trust Network Access (ZTNA)

Hewlett Packard Enterprise (NYSE: HPE) today announced the expansion of its security-first, AI-powered networking portfolio with the introduction of behavioral analytics-based network detection and response (NDR) capabilities, delivered by HPE Aruba Networking Central.

The company is also enhancing its cloud-based universal ZTNA approach by extending its reach to campus-based local area networks. This new local edge capability brings the same access control policies defined for the cloud directly to campuses and data centers, delivering a superior user experience and consistent enforcement regardless of a user’s location or connection method.

The new NDR solution leverages telemetry from HPE Aruba Networking Central’s data lake to train and deploy AI models to monitor and detect unusual activity in vulnerable IoT devices that play an increasingly important role in supporting mission-critical business processes. As the opportunity grows for IoT to provide organizations with data to train and activate Generative AI models, so too does the critical need to detect changes in network traffic patterns, connection status or dynamic device attributes that are indicative of a successful compromise.

“Enterprises are increasingly realizing that unsecured IoT devices in the network present an observability blind spot in their security solutions. Those devices can be exploited for initiating larger network attacks, and thus are also one of the largest contributors to a growing attack surface,” said Jon Green, chief technology and security officer, HPE Aruba Networking. “In addition, as security teams increasingly rely on the network to deliver zero trust security solutions, HPE Aruba Networking is providing the ability to leverage a single access control policy for application resources, on-prem or off-prem, that customers can adopt to reduce overlapping and potentially confusing controls.”

Also, to accelerate threat response, HPE Aruba Networking Central combines attack detection with new policy recommendations to protect against threats by intercepting potential attacks. To ensure recommendations will not disrupt network operations, teams can also preview changes to their security policies before implementation as part of their enforcement and response workflow.

“Companies need AI-powered behavioral network detection and response, universal security policies, and edge-to-cloud enforcement to protect users, devices, and applications at scale  a key consideration as AI assets throughout the enterprise increasingly become attack targets,” said Maribel Lopez, founder and industry analyst at Lopez Research.

These new tools further expand HPE Aruba Networking’s security portfolio, following the new solutions unveiled at the RSA Conference in May, which included AI-powered security observability and monitoring capabilities within HPE Aruba Networking Central, and the company’s first SSE firewall-as-a-service. Also at the conference, HPE Aruba Networking was recognized for one of the “Coolest Cybersecurity Products at RSAC 2024.”

HPE Aruba Networking Central and HPE Aruba Networking SSE will be on display at Black Hat USA 2024, taking place August 7-8, 2024, at booth #1160. In addition, HPE will be showcasing secure compute management and Zerto rapid air-gapped recovery solutions that complement network security controls for comprehensive protection against cyber threats like ransomware.

Additional Resources & Recent HPE Aruba Networking News:

  • Read today’s HPE Aruba Networking Blog: Network security: first defense against ransomware
  • Fighting AI cyber risks with AI: battle the rise of GenAI security threats with new AI networking security and observability tools from HPE Aruba Networking
  • Hewlett Packard Enterprise leverages GenAI to enhance AIOps capabilities of HPE Aruba Networking Central platform
  • HPE Aruba Networking introduces high-capacity Wi-Fi 7 access points to improve enterprise security, address AI and IoT challenges
  • HPE simplifies deployment of private cellular networks with launch of HPE Aruba Networking Enterprise Private 5G

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

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KORE Receives 2024 IoT LPWAN Excellence Award https://ai-techpark.com/kore-receives-2024-iot-lpwan-excellence-award/ Thu, 08 Aug 2024 16:45:00 +0000 https://ai-techpark.com/?p=175859 KORE, a global leader in Internet of Things (“IoT”) Solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, announced today that KORE LPHub™ (formerly known as KORA) has received a 2024 IoT LPWAN Excellence Award presented by TMC and Crossfire Media. The 2024 IoT Evolution LPWAN Excellence Award...

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KORE, a global leader in Internet of Things (“IoT”) Solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, announced today that KORE LPHub™ (formerly known as KORA) has received a 2024 IoT LPWAN Excellence Award presented by TMC and Crossfire Media.

The 2024 IoT Evolution LPWAN Excellence Award recognizes the products and solutions that leverage the LPWAN (Low power, wide area network) protocol to enable secure communication between devices.

KORE LPHub, a SaaS-based Service Delivery Platform (SDP), seamlessly deploys, manages, and connects LoRaWAN devices over a cost-effective, low-power, wide-area (LPWA) network, ensuring device longevity. Whether private or public, on cloud or on-premise, LPHub supports and amplifies your LoRaWAN footprint with lower costs and less hassle.

“It is not just a messaging management platform, but also a complete set of tools to simplify any LoRaWAN deployments,” said Ron Totton, KORE’s Interim President and Chief Executive Officer. “LPHub provides the ability to manage multiple public and private LoRaWAN networks via a single interface, gateway provisioning in just a few clicks and real-time usage analytics, giving customers full control and visibility.”

“The solutions selected for the IoT Evolution LPWAN Excellence Award exemplify outstanding products and solutions that leverage the LPWAN protocol. It is my honor to congratulate KORE for their innovative work and contribution to this rapidly evolving industry,” Carl Ford, Community Developer, IoT Evolution World.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

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