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PR Newswire

Enea Signs Traffic Management Contract Worth USD 1.3 Million

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STOCKHOLM, July 2, 2020 — Enea has signed a five-year contract for deployment of a Traffic Management platform and related software modules for acceleration and optimization with a local telecom service provider in Egypt. The minimum contract value is USD 1.3 million.

The contract includes a defined number of initial software licenses and associated services, such as integration, support, and maintenance. Software license and integration service revenues are recognized during the platform deployment project which is scheduled to occur during Q3 2020-Q1 2021. The customer has the option to purchase additional licenses in accordance with network traffic usage. Support and maintenance revenues will be recognized during the full contract period.

Enea is a market leader supporting mobile operators around the world in managing wireless network traffic more efficiently (lower total cost of ownership), and effectively (faster network speeds). The Enea Openwave Traffic Management solutions alleviate radio access network (RAN) congestion and maximize customer quality of experience.

"Traffic management technology helps customers handle increasing traffic and improve quality-of-experience for end users", says Jan Häglund, President and CEO of Enea. "The new contract confirms our position as market leader."   

This information is information that Enea AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set below, on July 1, 2020 at 21:00 CEST.

For more information contact:

Jan Häglund, President and CEO
E-mail: jan.haglund@enea.com

Lotta Trulsson, Executive Assistant
E-mail: lotta.trulsson@enea.com
Phone: +46 8 507 140 00

About Enea

Enea is a world-leading supplier of innovative software components for telecommunications and cybersecurity. Focus areas are cloud-native, 5G-ready products for mobile core, network virtualization, and traffic intelligence. More than 3 billion people rely on Enea technologies in their daily lives. Enea is listed on Nasdaq Stockholm. For more information: www.enea.com.   

This information was brought to you by Cision http://news.cision.com

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ESET promotes Parvinder Walia to President of Asia Pacific & Japan

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SINGAPORE, July 2, 2020 — ESET, a global leader in cybersecurity, has named Parvinder Walia as President of Asia Pacific & Japan (APJ) to oversee the continued expansion and development of the business in the region. Parvinder will be responsible for driving ESET’s go-to-market strategy and accelerating business expansion in the region. He succeeds Lukas Raksa, Chief Operating Officer for Asia Pacific (APAC).

ESET promotes Parvinder Walia to President of Asia Pacific & Japan
ESET promotes Parvinder Walia to President of Asia Pacific & Japan

Parvinder is a seasoned sales and marketing leader and has held several roles at ESET over the past decade. This new role builds on his previous responsibilities as Sales and Marketing Director for APAC Region, where he drove the sales strategy for ESET’s channel driven business model, expanded the partner network, and led the sales and marketing teams in the region.

"Parvinder has been instrumental in driving our business success and expansion in the APAC region over the past decade," said Miroslav Mikuš, Chief Sales Officer of ESET. "We are proud of Parvinder’s career progression and achievements. It is a testament to ESET’s culture of developing internal talent. I am confident that Parvinder has the right mix of experience and leadership qualities to drive the next phase of growth in a rapidly evolving business environment."

"I am looking forward to working closely with our customers and partners at a time when cybersecurity is more important than ever. As work from home becomes the new normal, businesses must rethink their cybersecurity strategy," said Parvinder. "Helping our partners and customers navigate through the uncertainty is the first priority for me."

Parvinder joined ESET as Channel Marketing Manager for APAC in April 2009 and was based in Sydney, Australia. He moved to Singapore in 2010, when ESET’s regional office in Singapore was established. Prior to working with ESET, he was with CA Technologies managing APAC accounts for internet security products. Parvinder has a double Master’s in Business Administration and Engineering Management from the University of Technology Sydney.

About ESET

For more than 30 years, ESET® has been developing industry-leading IT security software and services for businesses and consumers worldwide. With solutions ranging from endpoint and mobile security to encryption and two-factor authentication, ESET’s high-performing, easy-to-use products give consumers and businesses the peace of mind to enjoy the full potential of their technology. ESET unobtrusively protects and monitors 24/7, updating defenses in real time to keep users safe and businesses running without interruption. Evolving threats require an evolving IT security company. Backed by R&D centers worldwide, ESET is the first IT security company to earn 100 Virus Bulletin VB100 awards, identifying every single "in-the-wild" malware without interruption since 2003. For more information, visit www.eset.com or follow us on LinkedIn, Facebook and Twitter.

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PR Newswire

Tencent Music Entertainment Group Announces Strategic Partnership with CoMix Wave Films

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Partnership brings to TME’s platforms the soundtracks of CoMix Wave Films Inc.’s popular animated works, including 5 Centimeters per Second and The Garden of Words

SHENZHEN, China, July 2, 2020 –Tencent Music Entertainment Group (TME) (NYSE:TME) has established a strategic partnership with CoMix Wave Films Inc. (CWF), a leading Japanese animated movie studio and distribution company known especially for the works of Makoto Shinkai and Jiro Tsunoda. Under this new partnership, the original soundtracks from 17 popular animated movies, including 5 Centimeters per Second and The Garden of Words, both directed by Makoto Shinkai, will go live on TME’s music platforms – QQ Music, Kugou Music, Kuwo Music and WeSing.

As a leader in the Japanese anime sector, CWF has a strong lineup of works deeply loved around the world. Makoto Shinkai Studio, an emerging animation studio under CWF, has drawn the attention of Chinese animation fans for its capabilities in creating immersive experiences in each of its works, with Your Name and Weathering With You as two of the most successful, by leveraging the unique combination of refined visual effects and emotionally strong soundtracks.

CWF commented on the strategic partnership, "TME has over 800 million monthly active users across several leading Chinese digital music and entertainment platforms, each of which boasts a huge user base of young people that offers a great environment to provide a deeper understanding of Japanese culture as embodied by music. With years of experience and accumulated expertise in digital music, TME will help CWF accelerate its digital transformation. By leveraging TME’s proven capabilities in promotion and distribution of digital music and entertainment works, CWF expects to offer animated music fans a diversified lineup of content and experiences, unleashing the unlimited power of music." 

TME, a long-established player in the segment encompassing ACG (anime, comic and game) songs, selected leading global animation firm CWF as its strategic partner with the aim of addressing demand from fans for access to music specific to their preferences, while maximizing the value that can be derived from the various ACG music segments. TME plans to combine its strength in terms of music and entertainment with CWF’s strong production capabilities in anticipation of boosting the growth of the music IP industry.

As part of TME’s efforts to enhance its presence in the world of Japanese ACG music, the company signed a deal with Japanese music label Being in March 2020. With the partnership, TME obtained the music copyrights of popular animations owned by Being, including Detective Conan, Slam Dunk, Dragon Ball and Chibi Maruko-chan, immersing music fans in a wonderful world of animation accompanied by great music. 

By adding the Japanese ACG music collection to its portfolio, TME has expanded its footprint in content verticals and accelerated the build-out of an international content ecosystem. In recent years, TME has already entered into strategic cooperation agreements with famous overseas labels, including Sony Music, Warner Music Group, Universal Music Group, Being, Inc, Believe Digital, Stem Music, Roba Music Publishing, Hillsong and Twin Music.

Looking ahead, TME plans to work with CWF and other partners to build a global multicultural digital music and entertainment ecosystem and create a music partner-friendly environment as they co-create content for every conceivable musical genre. TME will continue pursuing its vision of increasing the value of musical content and further exploring the potential of the music industry by providing fans with engaging music and entertainment experiences while enhancing the connections between fans and content.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME) is the leading online music entertainment platform in China, operating the country’s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME’s mission is to use technology to elevate the role of music in people’s lives by enabling them to create, enjoy, share and interact with music. TME’s platform comprises online music, online karaoke and music-centric live streaming services, enabling music fans to discover, listen, sing, watch, perform and socialize around music.

For more information, please visit https://www.tencentmusic.com/

Media Contact:
Edmond Lococo, ICR Inc.
Phone: +86-10-6583-7510
Email: TME.PR@icrinc.com  

 

PR Newswire

TUV Rheinland: Cyber risks for industrial plants underestimated

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TUV Rheinland and Ponemon Institute publish worldwide study on the Cybersecurity of industrial plants. All information at https://go.tuv.com/otsurvey-2020

COLOGNE, July 2, 2020 — Cyberattacks can threaten the industrial facilities of companies even more than their IT systems. However, a holistic view of the security of industrial plants is often lacking. This is a key finding of a recent study on security in industrial companies by TUV Rheinland and the Ponemon Institute.

Operational Technology in the sights of the hackers

Operational Technology (OT) is the main target for cyberattacks on industrial plants. These are devices and systems that control or monitor industrial processes – such as motors, pumps or valves. "OT systems differ in function and technology from classic corporate IT. At the same time, successful cyberattacks on OT systems often cause particularly high levels of damage to the companies affected", explains Petr Láhner, Executive Vice President of the Business Stream Industrial Service & Cybersecurity at TUV Rheinland. "We have therefore placed the Cybersecurity of Operational Technology at the center of our study, following on from the findings of the first study on this subject in 2019".

Measures for IT and OT systems not coordinated

For the "2020 Study on the State of Industrial Security", the independent market research company Ponemon Institute surveyed more than 2,200 cybersecurity experts worldwide from the automotive, health and pharmaceutical, logistics and transport, mechanical engineering, oil and gas and utility sectors. The Ponemon Institute, based in Traverse City, Michigan, is dedicated to independent research on information and privacy management in companies.

The following results show how much cyberattacks endanger OT systems:

  • More than half of the respondents (57 percent) say that their companies firmly expect attacks on OT systems.
  • Almost half (48 percent) are convinced that cyber threats pose a greater risk to OT systems than to the IT environment.
  • Almost two thirds (63 percent) of those surveyed stated that security measures for IT and OT systems are not coordinated in their companies.
  • For almost half of the respondents (47 percent), cyber threats to OT systems have increased over the past year. These include attacks such as phishing, social engineering and extortion software ("ransomware").

"From our point of view, it is crucial that companies tailor their cybersecurity measures to the specific requirements in Operational Technology. For example, some control systems may have limited cybersecurity controls in place and could subsequently be vulnerable to cyber threats. To do this, companies have to assess their OT cyber risk and invest time and money for best effect. It is alarming that in the view of the experts surveyed, there are too few financial or professional resources available for OT security. In addition, a holistic view of the security of industrial plants is often still lacking. In an increasingly networked world, industrial plants are only really secure if both their IT and OT cybersecurity is addressed", Láhner says.

The "Study 2020 on the state of industrial safety" is available for free download at https://go.tuv.com/otsurvey-2020.

About TUV Rheinland

TUV Rheinland stands for safety and quality in almost all areas of business and life. Founded almost 150 years ago, the company is one of the world’s leading testing service providers with more than 21,400 employees and annual revenues of 2.1 billion euros. TUV Rheinland’s highly qualified experts test technical systems and products around the world, support innovations in technology and business, train people in numerous professions and certify management systems according to international standards. In doing so, the independent experts generate trust in products as well as processes across global value-adding chains and the flow of commodities. Since 2006, TUV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption. Website: www.tuv.com

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PR Newswire

Final Entry Deadline Approaching in The 17th International Business Awards

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FAIRFAX, Va., July 1, 2020 — The final entry deadline for the 2020 (17th annual) edition of The International Business Awards® is Tuesday, July 28.

All individuals and organizations worldwide — public and private, for-profit and non-profit, large and small — may submit nominations to The International Business Awards(R).
All individuals and organizations worldwide — public and private, for-profit and non-profit, large and small — may submit nominations to The International Business Awards(R).

The International Business Awards, one of the eight Stevie Awards programs, are widely considered to be the world’s premier business awards competition. In 2019 the competition attracted more than 4,000 nominations from organizations in more than 70 nations.

All individuals and organizations worldwide—public and private, for-profit and non-profit, large and small—may submit nominations to The International Business Awards. The final entry deadline this year is Tuesday, July 28. Entry details are available at www.StevieAwards.com/IBA.

Juries featuring more than 150 executives will determine the Stevie Award winners. The Gold, Silver, and Bronze Stevie Award winners will be announced on September 9. Stevie Award winners will be honored at a virtual awards ceremony this year.

New this year are a variety of COVID-19 response awards categories that do not have entry fees. These aim to honor heroes of every industry including medical, education, food delivery, media, public service, business response, and more.

The International Business Awards recognize achievement in every facet of the workplace. Categories include:

The IBAs feature more than 40 categories that do not require the payment of entry fees, including all 35 of the Company/Organization of the Year categories, and that there are many new and revised features of the IBAs for 2020, including:

  • Nine new categories to recognize singular business achievements in areas such as business turnaround, finance, revenue generation, and science and technology, among others.
  • The simplification of submission requirements in the Company/Organization, Corporate Communications & Public Relations, Marketing, and New Product & Product Management category groups.

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, the Stevie Awards for Sales & Customer Service, and the new Middle East Stevie Awards. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

* PR Newswire Asia is the Official News Release Distribution Partner of 2020 Asia-Pacific Stevie® Awards.

Contact: Clara Im
Clara@stevieawards.com
+82-2-3443-8389

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PR Newswire

Körber Unveils Next-Generation Sorter for Supply Chain Automation

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Körber Crossbelt Sorter enhances depth and breadth of supply chain solutions with complete materials handling portfolio

HAMBURG, Germany, July 2, 2020 — Körber, the global supply chain technology leader from software to materials handling automation, today unveils the Körber Crossbelt Sorter. The latest addition to Kӧrber’s portfolio empowers businesses to create truly unified automation solutions to excel in today’s increasingly complex supply chain landscape.

Supply chains must handle more products, more suppliers and fulfill through various channels. Consumer expectations for choice, convenience and speed add to this complexity. To maintain a competitive edge, businesses need automation technologies to handle the evolving challenges of ecommerce and fast moving consumer goods (FMCG). However, many businesses lack a solid strategy and struggle with implementation, integration, and costs. Kӧrber overcomes all of this.

"Kӧrber has the goal of strategically aligning our supply chain technologies and expertise to the needs of our customers and the industry," says Stephan Gӧttsche, chief executive officer at Körber Supply Chain – Automation. "The Körber Crossbelt Sorter exemplifies this. One in three companies still manages supply chain processes manually. This is one of many initiatives we are taking to expand our portfolio and capitalize on our 30+ years of expertise in system integration to design automation systems for today and tomorrow’s demands."

The Crossbelt Sorter seamlessly integrates with any materials handling equipment (MHE) to create unified automation systems. Be it conveyors, shuttles, or beyond, the Crossbelt Sorter uniquely links the MHE of different functional areas – receiving, storage, multi-stage picking, or dispatch. Hence, the Crossbelt Sorter dynamically distributes goods based on any criteria to the proper destination at any stage in the process. Furthermore, the sorter’s modular design enables quick and simple integration with the existing system landscape. The result is a higher level of automation, enabling shorter reaction times, increased efficiency and higher throughput. Examples of success include transport of up to 14,000 containers per hour, carrier changeovers in only 10 minutes, and conveying speeds of 1.8 m/s.

"Conquering today’s supply chain complexities requires higher levels of automation," said Pieter Feenstra, chief sales officer for Kӧrber Supply Chain –  Automation. "Intelligently linking different material handling components is necessary to excel in today’s market. Körber offers the consulting, the solutions, the software and systems integration to make it a reality for businesses of any size."

The Körber Business Area Supply Chain is part of the international technology group Körber. This includes Aberle, Aberle Software, Cirrus Logistics, Cohesio  Group, Consoveyo, DMLogic, HighJump, inconso, Otimis, Langhammer, Riantics and Voiteq. Körber has proven success with thousands of companies worldwide.

About the Business Area Körber Supply Chain
Supply chain challenges are growing by the day. Körber offers a unique range of proven end-to-end logistics technologies – for every company size and business or growth strategy. The range of services includes not only software but also automation solutions, voice, robotics and transport systems – and brings together the know-how for comprehensive system integration under one roof. As a global partner, we meet today’s challenges as well as logistics’ constantly changing requirements. "Conquer supply chain complexity" – with Körber. The Business Area Supply Chain is part of the international technology group Körber. Find out more at www.koerber-supplychain.com

Contact:
Heather Smith
heather.smith@highjump.com

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HEVC Advance Announces Royalty Rates to Remain at Current Levels

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Caps will also remain unchanged for HEVC Advance Licensees in the program before 2021

BOSTON, July 2, 2020 — HEVC Advance, an independent licensing administrator, today announced that the current royalty rates offered by its HEVC/H.265 Pool License will remain unchanged for its next five-year term, beginning January 1, 2021, through December 31, 2025 (the “First Renewal Term”).

HEVC Advance also announced that the Category and Enterprise Caps will increase by 20% beginning on January 1, 2021, but those increases will be suspended through the end of the First Renewal Term for all Licensees in the program by December 31, 2020, and that remain in good-standing.

“We are very pleased that our Licensors have decided to maintain existing royalty rates and caps for those companies that are meeting their IP obligations,” said HEVC Advance CEO, Peter Moller.  “This decision of our Licensors is especially note-worthy considering the overwhelming success of the HEVC Advance pool in consolidating HEVC patent owners – with now 29 Licensors and ~11,000 essential patents as compared to our launch in 2016 with 6 Licensors and ~500 essential patents – all with no increase in royalty rates!”

HEVC Advance reminds any holders of HEVC Standard Essential Patents that are not yet Licensors in the HEVC Advance Pool that incentives in the form of increased patent points are still available for patents submitted and determined to be essential by December 31, 2020. For further information please contact HEVC Advance at licensing@hevcadvance.com.

About HEVC Advance
HEVC Advance is an independent licensing administrator company formed to lead the development, administration and management of an HEVC/H.265 patent pool for licensing essential patents. HEVC Advance provides a transparent and efficient licensing mechanism for HEVC patented technology. For more information about HEVC Advance, visit www.hevcadvance.com.

Contact: press@hevcadvance.com

PR Newswire

Cyient Launches Empowering Tomorrow Together

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The move brings together all sustainability and CSR initiatives of the company under one umbrella and aims to build synergies, optimize resources, and maximize impact of the Cyient Foundation outreach programs

HYDERABAD, India, July 2, 2020 — Cyient, a global engineering and technology solutions company, today announced the launch of its "Empowering Tomorrow Together" initiative. This move consolidates Cyient’s position as purpose-driven brand and will expand the impact of the Cyient Foundation’s outreach programs by leveraging synergies, optimizing resources, and ensuring maximum impact across all sustainability and CSR focus areas.

Mr. BVR Mohan Reddy, Executive Chairman and Founder, Cyient
Mr. BVR Mohan Reddy, Executive Chairman and Founder, Cyient

Aligned with Cyient’s corporate brand promise of "Designing Tomorrow Together," this program is rooted in the need to build lasting relationships and empowering stakeholders to make a difference. Empowering Tomorrow Together will cover activities under four focus areas: education, digital literacy, social innovation, and community development.

Speaking on the announcement, Mr. BVR Mohan Reddy, Executive Chairman and Founder, Cyient, said, "At Cyient, we believe that the true measure of progress for an organization is the positive impact it has on the society and community within which it exists. For the last 18 years, the Cyient Foundation has pursued long-term sustainable community development by providing high-quality education and healthcare programs and driving environment-focused projects. By bringing all our initiatives under the ‘Empowering Tomorrow Together’ credo, we hope to expand our potential to create impact and truly empower local communities by touching more lives in the days and years to come."

Commenting on the development, Mr. Krishna Bodanapu, MD & CEO, Cyient, said, "Cyient has been taking purposeful steps toward creating lasting change for all its stakeholders. From our CSR philosophy that impacts the society at large to our Diversity and Inclusion principles of creating a collaborative workplace that supports diverse thinking and inspires people to reach their potential—we are committed to the philosophy of Empowering Tomorrow Together."

During FY20, the company spent over INR 8 crore on its CSR programs exceeding the minimum 2% spend mandated by the Ministry of Corporate Affairs, Government of India.

For more information on Empowering Tomorrow Together, please visit https://cyient.today/3eJHEhX

About Cyient

Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company.  As a Design, Build, and Maintain partner for leading organizations worldwide, Cyient takes solution ownership across the value chain to help customers focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, domain knowledge, and technical expertise to solve complex business problems.

Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy.

For more information, please visit www.cyient.com

Follow news about the company at @Cyient

Media Relations

Perfect Relations
Vishal Thapa
Mobile: +91 9701834446
Email: vthapa@perfectrelations.com

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Geek+ Helps Streamline Winit’s Warehouse Operations

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Winit Cincinnati Fulfillment Center deploys Geek+ Picking robots to meet the uptick in online sales

SAN DIEGO, July 2, 2020 — Geek+, a global AMR leader, announces its commitment to provide smart logistics solutions for enabling efficient and flexible operations to Winit, an integrated supply chain solutions provider for cross-border e-commerce serving industry leaders like eBay, for its fulfillment center located Cincinnati, Ohio.

With an inventory subject to a wide variety of products, massive SKUs, and a rapid increase in online sales, Winit has been looking for solutions that can streamline their warehouse operations, mitigate against management issues due to high turnover of warehouse workers, and enable flexible yet affordable scaling of operations.

Rick DeFiesta, Director of Business Development and Partnership at Geek+, said: “We are pleased that Winit has chosen our Goods-to-Person solution for optimizing their warehouse operations and we are confident that our P-series robots will exceed expectation to increase picking efficiency, simplify processes, and reduce management issues.”

Winit Cincinnati Fulfillment Center will be expanding it’s already 6,200 square meters (66,736 square feet) of robotics warehouse space to 11,000 square meters (118,403 square feet). In turn, the company sees great opportunities in the Geek+ Robot-as-a-Service (RaaS) Model, which provides affordable and tailored solutions that help companies flexibly and quickly scale their operations to meet fluctuations in demand.

“We look forward to working with Geek+ and are very happy to be deploying their smart logistics solutions as they provide an affordable option that can enable a flexible expansion of our operations and mitigate against challenges associated with a shortage of warehouse workers,” said Xiaoliang Luo, Vice President of Operation at Winit. “With an automated warehouse, we will ensure a smooth operation by reducing the COVID-19 impact for our fulfillment center”.

Geek+ Goods-to-Person Picking System, empowered by Geek+ proprietary smart algorithms, uses P-series warehouse robots to eliminate redundant walking of the picking workers, improve picking accuracy, and reduce labor intensity. The AI-driven system features robot task management, combined order optimization and picking, inventory management, dynamic wave optimization, and adjustments of inventory layouts for maximum efficiency.

About Geek+

Geek+ is a global technology company leading the intelligent logistics revolution. We apply advanced robotics and AI technologies to realize flexible, reliable and highly-efficient solutions for warehouses and supply chain management. Geek+ counts 300 global customers and has deployed more than 10,000 robots worldwide. Founded in 2015, Geek+ has over 800 employees and is headquartered in Beijing, with offices in Germany, the UK, the US, Japan, Hong Kong and Singapore.

For more information, please visit: https://www.geekplus.com/

PR Newswire

YITU Technology received ISO/IEC 27701:2019 certification from BSI, becomes the first Chinese AI company to obtain it

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SHANGHAI, July 1, 2020 — On June 30, 2020, YITU Technology, the world’s leading artificial intelligence (AI) company, received the ISO/IEC 27701:2019 certification from the British Standards Institution (BSI) for its privacy information management system, becoming the first AI company in China to receive it.

YITU’s ISO/IEC 27701:2019 certification
YITU’s ISO/IEC 27701:2019 certification

To date, YITU has obtained a number of authoritative international standards certifications for information security and privacy protection, including ISO/IEC 27701:2019 and ISO/IEC 27001:2013. ISO/IEC 27701:2019 is the world’s strictest, widely accepted international certification for privacy information management systems (PIMS) that meet best practices outlined in regulations such as the General Data Protection Regulation (GPDR). 

YITU Technology is the first Chinese AI firm to receive the ISO/IEC 27701:2019 certification

“With the rapid development of AI, the technology has seen in-depth application across numerous sectors and industry chains. The new normal that has been established in the wake of the COVID-19 epidemic is bringing digitization and industrial transformation to the forefront of businesses. A true commitment to confronting data security risks is key to the promotion of a healthy and responsible attitude toward the future growth and development of AI,” said Martin Zhang, Managing Director, BSI for Greater China. “The receipt of the ISO/IEC27701:2019 certification fully demonstrates YITU’s ongoing commitment to protecting data privacy.“

With the comprehensive and systematic standardization of ISO/IEC 27701: 2019, YITU has upgraded its Privacy Information Management System (PIMS). The company includes a legal compliance unit responsible for protecting user privacy, an information security unit responsible for the management and technical implementation and involves human resource unit to enhance a culture of responsibility.

By sharing relevant insights and cases with industry and academia, YITU contributed in the writing of Chinese national standards such as requirements for the protection of biometric Information, voiceprint recognition data and other information security technologies, and participated in the preparation of national AI Security Standardization White Paper (2019 Edition) and AI Ethics and Risk Management Report (2020 Edition).

YITU’s AI-empowered solutions have been rapidly adopted by hundreds of hospitals and organizations worldwide fighting against Covid-19 on the frontlines. The ability to quickly take up the challenge and responsibility can be ascribed to the company’s commitment to complying with local laws and regulations and having made the protection of user privacy a top priority. By implementing policies and international standards, YITU has taken upon itself a leadership role in building a more standardized and trustworthy AI ecosystem, with the aim of building a safer, smarter and healthier world.

About YITU Technology

YITU Technology is a pioneer in practical artificial intelligence research and innovation that provides advanced AI-based business solutions to build a safer, smarter and healthier world. YITU owns a world-class R&D team that drives industrial development to find comprehensive solutions in the areas of machine vision, speech and language understanding.

To learn more, please visit www.yitutech.com

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