– GHB won the prize of new technology in recognition of prevention of illegal filming and illegal recording prevention technology
SEOUL, South Korea, Dec. 22, 2020 — GHB, a company to provide platform business model and solution, won the prize of new technology in recognition of prevention of illegal filming and illegal recording prevention technology at the 2020 Blockchain Awards Ceremony hosted by Korea Blockchain Enterprise Promotion Association.
GHB was awarded new technology at the 2020 Blockchain Awards Ceremony
The prevention of illegal filming technology is a technology that detects a frequency of the hidden camera’s frequency band (50Mhz-6Ghz) by the device to resonate and finds the hidden camera under filming.
GHB was awarded new technology at the 2020 Blockchain Awards Ceremony
The illegal recording prevention technology detects near-field recording frequencies that are active through secret recording detection devices (phones, devices), and long-distance call recording via smartphone is a recording detection application that disables recording by activating an illegal recording function using white noise.
GHB will apply the patent for illegal filming prevention technology and illegal recording prevention technology and defined the position "we will try to commercialize it as soon as possible".
GHB (CEO Ko Ho-bum) actively responds to overseas marketing and advertisements, and tries to complete a new advertisement system that maximizes the effectiveness of advertisements by applying an open advertisement platform system that allows advertisement consumers to directly discover advertisement sponsors and conduct platform business.
Kim Hyung Jung, a head of judging panel (special professor at Korea University), evaluated "Through this screening of the winners, it was an opportunity to confirm that the scope of application of blockchain technology is expanding not only in public institutions, but also in overall society and economy such as music, second-hand transactions, e-sports, fashion, product exports, and M&A between companies".
Through joint awards with prominent lawmakers such as Lee Won-wook, chairman of the National Assembly’s Science, Technology, Information, Broadcasting and Communication Committee, and Kim Byung-wook, secretary of the National Policy Committee(Democratic Party of Korea), Lee Jung-moon (State Affairs Commission), Jeon Jae-soo (State Affairs Commission), Yang Ki-dae (Public Administration and Security Committee), and Lee Yong-sun(Foreign Affairs and Unification Committee), it is expected to contribute to political and corporate issues by discussing and delivering the issues of block chain industry to political circles.
The deep network visibility and Zero Trust secure access offered by Pulse Secure’s (acquired by Ivanti) solutions have established the company as a valuable security partner in the era of remote working
SINGAPORE, Dec. 18, 2020 — Based on its recent analysis of the Asia-Pacific secure remote access market, Frost & Sullivan recognizes Pulse Secure® (acquired by Ivanti) with the 2020 Asia-Pacific Secure Remote Access Company of the Year Award. Pulse Secure (acquired by Ivanti) demonstrated an impressive year-on-year growth of 29.2% in 2019, which was much higher than the industry average of 5.8%. This growth was mainly because of the healthy adoption of the company’s Pulse Access Suite and the continual innovation of its flagship network access control solution.
"Pulse Secure (acquired by Ivanti) enriched the VPN features that enable the Pulse Connect Secure solution to deliver smooth and blended access to public cloud services and data center applications. With the integration of its SSL VPN feature into the next-generation firewall, Pulse Secure (acquired by Ivanti) became one of the few vendors to offer a dedicated secure remote access solution," said Amy Lin, Industry Analyst – ICT Practice, Cyber Security & Digital Transformation.
With distributed workforces becoming the norm, employees have been demanding greater mobility and flexibility in terms of remote access to applications. An increasing number of enterprises have embraced the bring-your-own-device (BYOD) trend, creating additional challenges for IT teams in terms of monitoring and managing access to enterprise networks and applications. Pulse Secure (acquired by Ivanti) addresses these concerns by offering granular access control through its Pulse Connect Secure solution. This tool was designed to help users identify the person accessing the network and present greater visibility into the type, location, and time of information retrieval.
"Pulse Secure (acquired by Ivanti) enriched the VPN features that enable the Pulse Connect Secure solution to deliver smooth and blended access to public cloud services and data center applications. With the integration of its SSL VPN feature into the next-generation firewall, Pulse Secure (acquired by Ivanti) became one of the few vendors to offer a dedicated secure remote access solution," said Amy Lin, Industry Analyst – ICT Practice, Cyber Security & Digital Transformation. "Furthermore, its continued efforts to fortify relationships with channel partners across the region resulted in clear growth momentum in emerging markets, including China, Southeast Asian countries, and India."
As a vendor positioned to provide easy and comprehensive, software-defined, and secure remote access solutions for people, devices, things, and services, Pulse Secure (acquired by Ivanti) helps ensure customer productivity remains optimal. The vendor provides hardware (Pulse PSA Series) and virtual appliance options (PSA-V Series) for customers, in addition to cost-effective SSL VPN solutions. The Pulse Connect Secure solution secures access from data center applications to the cloud; therefore, users can have the same experience from different environments and on different devices. The solution’s user-friendly clientless access enables customers to access enterprise networks from any web browser, without requiring software installation or device maintenance.
"Pulse Secure (aquired by Ivanti) has a strong business presence in Japan, China, India, Australia, South Korea, and Singapore and more than 20 million users, including numerous Fortune 500 organizations. It has established a strong foothold in the service providers; banking, financial services, and insurance; and government sectors," noted Lin. "Its winning combination of organic and inorganic growth strategies has positioned it ideally for continued growth in the secure remote access market."
Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
The Ivanti intelligent experience platform helps make every IT connection smarter and more secure across remote infrastructure, devices, and people through automation. From PCs and mobile devices to virtual desktop infrastructure and the data center, Ivanti discovers, manages, secures and services IT assets from cloud to edge in the everywhere enterprise — while delivering personalized employee experiences. In the everywhere enterprise, corporate data flows freely across devices and servers, empowering workers to be productive wherever and however they work. Ivanti is headquartered in Salt Lake City, Utah and has offices all over the world. For more information, visit www.ivanti.com and follow @GoIvanti.
HYDERABAD, India, Dec. 18, 2020 — ValueLabs, a global technology services provider, won the IBSI Global Fintech Innovation Award for the Best Original & Adoptable Concept in Compliance & RegTech. It was for the Enterprise Customer Due Diligence solution which they built for Diligent, a Singapore-based global RegTech company.
The IBSI Global FinTech Innovation Awards honors technology players and banks for their excellence in driving impact through banking technology implementations and innovations using emerging technologies. This year, IBSI winners were chosen on the basis of innovation excellence, best practices & tools adopted, originality & simplicity, adaptability of the concept and program complexity & governance.
The Enterprise Customer Diligence solution is a SaaS based application which enables banks and RegTech companies to onboard and maintain ongoing relationships with customers while complying with regulatory and policy requirements. The solution provides a 100% configurable rules engine that performs due diligence for clients across multiple topographies and jurisdictions.
"We are delighted to be recognized by IBSI for driving innovation in the BFS space and we are confident that this solution will help the industry to reimagine the ways in which customer onboarding and due diligence happen. Also wanted to congratulate our partners at Diligent on this award and thank them for allowing us to be a part of their journey," said Arjun Rao, CEO of ValueLabs.
"In this digital era of banking, it is essential for banks and FIs to take necessary measures to comply with ever changing industry regulations and compliance requirements. This solution automates every process of KYC and CDD and enables digital compliance vision for our clients," said Anoop Singh, SVP & Head of Emerging Markets, Valuelabs, who accepted the award. "We are also planning to significantly expand our global presence in BFS in 2021 and this recognition inspires us to deliver more innovative solutions for the BFS & RegTech industry."
About ValueLabs
ValueLabs is a global technology company focused on Product Development, Data Technology and Digital services. Powered by The Digital Flywheel™, ValueLabs provides end-to-end solutions in the fields of Customer Experience, Data & Analytics, Product Development, and Automation. Over the last 23 years, the company has expanded to 32 locations, 5500 associates and 150 clients worldwide. Their focus on employees and clients have resulted in industry-leading client Net Promoter Scores (NPS) of over 60 and 80 respectively.
SINGAPORE, Dec. 18, 2020 — Enterprise Asia announced the winners of the International Innovation Awards 2020. The awards, which was presented virtually on 16 December 2020, recognises outstanding innovations and innovative practices that seek to improve the standards of living across the world.
29 Innovations Awarded the International Innovation Awards 2020
29 winners across three categories: Product, Service & Solution and Organisation & Culture were selected from 120 submissions across the globe after a rigorous review process by a panel of eminent judges, with scoring done using the Awards’ proprietary 8-D Benchmark.
The International Innovation Awards is a part of Enterprise Asia’s #innorev – a global movement to mobilise innovation to serve humanity and drive long-term value creation in businesses.
This year’s judging panel comprises of Martin Daffner, founder of Innobrix, Philippe De Ridder, founder and CEO of Board of Innovation, Professor Wonjoon Kim of Korea Advanced Institute of Science and Technology (KAIST), Makoto Shibata, head of FINOLAB and former head of global innovation of Bank of Tokyo – Mitsubishi UFJ, Professor Nadia Thalmann of Nanyang Technological University, and Professor Natcha Thawesaengskulthai of Chulalongkorn University.
"The pandemic is a stark reminder that the only way forward for humanity lies in innovations. Standing still is not an option. If businesses have been wondering if they should put more resources into R&D and in enabling innovations – the pandemic has given all of us a resounding answer", said Richard Tsang, president of Enterprise Asia.
"Innovation is no longer a luxury or an optional function within organisations. For businesses to survive and thrive, innovation must form part of our organisational DNA. This is critical to allow businesses to adapt quickly, future proof themselves and remain relevant regardless of the uncertainty and complexity of the marketplace", Tsang added.
Among the notable recipients of the ‘InnoCube’ are:
1. Taiwan’s Buffalo Machinery Co., Ltd. with AXILE Intelligent Automation, a smart automation solution to help manufacturers save time and increase productivity;
2. Belgium’s Cigna International Markets Global Innovation Team with Cigna Innovation Catalyst, an internal employee engagement initiative focused on accelerating innovation across Cigna’s 14 international markets;
3. Turkey’s Eurasia Tunnel with Speed Regulating Moving Lighting (Pacemaker Lighting) Technology, implemented at the Eurasia Tunnel of Istanbul which has regulated traffic in the tunnel’s deepest point and reduced accidents significantly in the Europe–Asia direction;
4. Cambodia’s Prince Bank PLC’s HR in a Pocket, an internal application which allows employees to perform operational processes digitally, whilst offering e-training modules accessible by all employees.
5. TCL QLED Android TV C815 from TCL Electronics Holdings Limited, MainlandChina, TCL QLED Android TV C815 has enriched TCL’s product line and provides consumers with 4K QLED Display Beyond their Imagination.
6. Bean Vermicelli Double Dragon Balance (DD Balance) from Thai Wah Public Company Limited, Thailand, which through natural fermentation and a proprietary freezing process, modified the starch content, resulting in a gradual release of glucose into the bloodstream, which in turn is beneficial to health and weight management.
7. Top Glove Corporation Berhad from Malaysia with Finessis, an innovative range of surgical glove made from Flexylon®, a proprietary high performance elastomer, which redefines clean, comfort and reactive protection especially during long operative procedures and is accelerator free, hence eliminating the risk of irritant contact dermatitis.
The International Innovation Awards are organised annually by Enterprise Asia, Asia’s largest non-governmental organisation for entrepreneurship. The International Innovation Awards 2020 is supported by the Australian Chamber Of Commerce In Vietnam, British Chamber Of Commerce Singapore, Malaysian Chamber Of Commerce (Hong Kong & Macau) Limited, Malaysian Investment Development Authority, National Institute Of Entrepreneurship And Innovation Cambodia, Singapore Business Federation, Singapore National Employers Federation, Singapore Indian Chamber Of Commerce And Industry, Singapore Malay Chamber Of Commerce & Industry. PR Newswire as Official News Release Distribution Partner, Avanguardia Group Sdn Bhd as the Official Production Partner, Asian N.G.O, BusinessWorld, Commercial Times, Esquire Philippines, Hong Kong Economic Times, Kumparan, SME Magazine and The Asian Entrepreneur as the official media partners.
RECIPIENT LIST OF THE INTERNATIONAL INNOVATION AWARDS 2020
COMPANY
INNOVATION
MARKET
PRODUCT CATEGORY
Berich (Thailand) Co., Ltd
Vitara® Anti-Melasma Spot Serum
Thailand
Buffalo Machinery Co., Ltd
AXILE Intelligent Automation
Taiwan
iPower Products Limited
360 degree Far-Infrared Radiant Electric Pendant Heater With Light
One-stop EPC Service & Solution for The Solar Industry
Thailand
Medidata Solutions International Asia Pacific Pte. Ltd.
myMedidata – The Industry’s First Patient Portal Platform
Singapore
Metropolitan Waterworks Authority (Thailand)
Anti -Salinity Tools (ANSAT)
Thailand
NutiFood Nutrition Food Joint Stock Company
Nutifood Nutrition Research Institute In Sweden
Vietnam
Prince Bank PLC.
HR in a Pocket
Cambodia
Rizal Commercial Banking Corporation (RCBC)
Best Digital Inclusion Initiative
Philippines
Sai Gon Thuong Tin Commercial Joint Stock Bank
Sacombank Digitalisation Strategy
Vietnam
YouGov
YouGov Direct
Singapore
ORGANISATION & CULTURE CATEGORY
AIA International Limited Taiwan Branch
Real Ambition Brought to Life
Taiwan
Cigna International Markets Global Innovation Team
Cigna Innovation Catalyst
Belgium
K11 Concepts Limited
K11 Retail Digitalisation Strategy
Hong Kong
About Enterprise Asia
Enterprise Asia is Asia’s largest non-governmental organisation for entrepreneurship. It’s 4 pillars are entrepreneurship, innovation, sustainability and growth. Established in 2006, Enterprise Asia has over 8,000 alumni and members and across 18 countries. For more information, visit www.enterpriseasia.org.
About International Innovation Awards
The International Innovation Awards is an annual regional recognition program that recognises outstanding innovations, and in the process, encouraging organisations to continue investing in innovations. For more information, visit www.innovationaward.org.
KUALA LUMPUR, Malaysia, Dec. 11, 2020 — BookDoc, a home-grown Malaysian health-tech company (with presence in 5 countries and 20 cities, MY, SG, HK, TH, IND), has again been recognised as the top health-tech company across Asia, battling over 100 other participants across Asia. The company has bagged top spot in the Innovation Challenge hosted by Healthcare Fintech Alliance (HFA), an alliance comprised of industry giants among them, Alibaba and Pfizer as well as Fintech Academy Singapore.
(from top: Dr. Lilian Koh, CEO of Singapores Fintech Academy; Founder and CEO of BookDoc, Dato’ Chevy Beh)
The HFA was formed to jump-start transformation across Asia Pacific’s health-tech and fin-tech sectors. Under this alliance, each partner will provide their expertise and support to start-ups in these two sectors, with the goal of driving innovative solutions for challenges faced in the healthcare industry.
As the winner of the HFA Innovation Challenge, BookDoc will bring home the prize money of USD50,000 from Pfizer, USD10,000 from Alibaba Cloud, along with the regional support, mentorship and backing of Alibaba, Pfizer and Fintech Academy Singapore.
The Award ceremony was held in-conjunction with ASEAN Responsible & Inclusive Business Forum (RIBF) 2020 on 10th December, The RIBF is a prestigious event attended by numerous industry and government leaders, including Ambassador Ong Keng Yong, Singapore’s Ministry of National Development, Ministry of Foreign Affairs; Ms. Sim Ann, Senior Minister of State for the Ministry of Communications and Information, Ministry of National Development; Mr. Edwin Tong, Minister for Culture, Community and Youth; CIMB ASEAN Research Institute; Google; Microsoft; Huawei; Nestle; and AWS. The grand prize was presented by Mr Sridhar, Managing Director of Pfizer India to BookDoc’s Founder and CEO, Dato Chevy Beh.
"We are honoured to go through this rigorous process and to be selected as the most innovative company across Asia by industry experts among them tech-giant, Alibaba and leading pharmaceutical company, Pfizer which is the first company to be 94% FDA approved for COVID-19 vaccination to combat this pandemic."
ABOUT BOOKDOC
BookDoc, with a presence in 5 countries and 20 cities (Malaysia, Singapore, Indonesia, Hong Kong and Thailand), is an online platform that operates across the healthcare continuum connecting patients to healthcare professionals anytime and anywhere, while incentivising people to stay active.
It has established an integrated online ecosystem which comprises seven (7) comprehensive platforms i.e.
Search & Book : Allows users to search and book healthcare professionals anytime and anywhere, and integrates seamlessly with navigation (Google Map, Waze), transport (Grab, Uber, Malindo Air), accommodation (Agoda, Airbnb) and recommended restaurants & attractions (TripAdvisor) for a hassle-free and enjoyable overall healthcare appointment experience;
Activ : The higher the step count, the greater the rewards! By exercising, users can earn rewards and discounts from over 100 major retail partners in 12 countries (redeemable across over 4,400 offline and online locations);
Marketplace : A premium e-Commerce platform with a variety of health services available which users can enjoy at discounted rates and redeem at hospitals, clinics and other health/wellness facilities with over 5,000 SKUs (ranging from health-screening, dental, gym membership, RT-PCR COVID-19 Test, etc.);
Tele-Consult : Professional consultation from the comfort of your own home, Tele-Consult brings healthcare to users’ fingertips with specialists covering children, skin, mental, women’s and sexual health through a live chat session with healthcare practitioners;
Events & News : The latest medical & health information made available along with events (health conferences, marathons, blood donation drive etc.);
Health Coaching : Users can reach out to our team of in-house nutritionists and dietitians on dietary advice to achieve their desired goals;
COVID-19 Feature : Lab Uberisation of RT-PCR COVID-19 Test at the comfort of people’s homes; Webinar sessions on COVID-19 related matters; Tele-Consultation for Mental Health.
The company is backed by a diverse group of investors from entrepreneurs to seasoned healthcare and insurance professionals, bankers, regulators as well as ICT professionals. It is available online at www.bookdoc.com, App Store, and Google Play Store.
BookDoc is a multi-award-winning company that has won awards from CNBC as one of the World’s Top 100 Startup Companies; ASEAN Summit (Business Awards 2019-2020) as the most innovative startup in the region and also by Frost & Sullivan (2015-2019) as one of the most innovative healthcare technology startups in the region.
SINGAPORE, Dec. 11, 2020 — Osome has been awarded Xero’s Singapore Partner of the Year for Xero Awards Asia 2020. The annual Xero Awards for Asia recognises excellence among their accounting and bookkeeping partners and celebrates the role of its partners in helping small businesses across Asia thrive.
"It was incredibly tough to judge the many entries in this year’s Xero Awards: Asia – so many of our accounting, bookkeeping and app partners are doing amazing things to help small businesses thrive," as stated on the Xero Awards: Asia website.
Finalists were assessed on innovation, marketing strategy, knowledge of Xero’s products and tools, amongst other criteria for the Singapore Partner of the Year award.
Osome, which has been a Platinum Partner of Xero since March 2020, is a technology company that disrupts traditional business administration. It provides online accounting services for SMEs especially those involved with selling their products via e-commerce platforms like Amazon, Lazada and Shopee. In addition to that, Osome also provides a comprehensive range of back-end services like incorporation, payroll and corporate secretarial service. These are tedious but unavoidable tasks which entrepreneurs usually outsource. With over 5000 clients across Singapore, Hong Kong and the United Kingdom, the company has recently raised USD$3 million in funding from XA Network and AltaIR Capital.
"This is amazing news to receive at the end of 2020. It strengthens our commitment to free up entrepreneurs’ mind and time by turning painful paperwork tasks into an Osome experience, while they grow their business. As we enter 2021, we will be improving the technology behind our service to focus on customer experience," said Victor Lysenko, CEO and Founder of Osome.
About Osome
Osome, which is based in Singapore, was launched in January 2018 to facilitate business management for small and medium-sized enterprises (SMEs). Its suite of services includes online business registration, accounting, taxation, corporate secretary services, and payroll management. Its platform uses automation tools and AI (artificial intelligence) to increase response time and accuracy, and to lower cost. It has market presence in Singapore, United Kingdom, Hong Kong. In 2020, it raised US$3 million in funding led by Target Global, including Phystech Ventures, AD.RU funds, and several angel investors.
Report ranking based on market dynamics, trends and competitive landscape across a variety of sectors
SINGAPORE, Dec. 10, 2020 — Entrust, a leading provider of trusted identities, payments and data protection, today announced it has been named the clear technology winner in the Quadrant Knowledge Solutions 2020 SPARK Matrix™: IoT Identity & Access Management report. In the report, Entrust scored the highest in ratings across the various performance parameters and has been positioned as the overall technology leader in the global Internet of Things (IoT) Identity and Access Management (IAM) market based on its solutions offering, market presence and customer value proposition.
The report provides an in-depth analysis of the global IoT IAM market, inclusive of market dynamics, trends, the vendor landscape and a competitive positioning analysis that spans across a variety of sectors including enterprise IT, industrial, building and facilities, infrastructure, healthcare and more. This research and analysis provides IT teams with vital information needed to evaluate vendor capabilities, competitive differentiation and market position.
While IT teams are rapidly adopting smart devices across all sectors to create value through workflow efficiencies, innovation and business transformation, there is a growing concern for the security vulnerabilities these devices bring. Entrust’s comprehensive IoT security solutions enable organisations to build a secure, connected ecosystem – from scalable enrollment and provisioning of trusted identities to identity lifecycle management to authentication and policy-based authorisation to detailed access control.
"Entrust has proven it has the expertise and broad portfolio of IoT Identity Issuance and Identity Management solutions to easily support medium to large scale IoT deployments in a variety of sectors," said Divya Baranawal, Research Director for Quadrant Knowledge Solutions. "Based on our market analysis, they are the clear technology leader in this space."
"We are extremely honoured to be recognised by Quadrant Knowledge Solutions in this way," said Jay Schiavo, Vice President of Digital Certificate & Signing Solutions for Entrust. "Our digital security portfolio provides a foundation of trust while offering the scalability needed to meet rapidly changing business needs – supporting the addition of new user groups, new use cases, evolving security threats and more."
Entrust keeps the world moving safely by enabling trusted identities, payments and data protection. Today more than ever, people demand seamless, secure experiences, whether they’re crossing borders, making a purchase, accessing e-government services or logging into corporate networks. Entrust offers an unmatched breadth of digital security and credential issuance solutions at the very heart of all these interactions. With more than 2,500 colleagues, a network of global partners, and customers in over 150 countries, it’s no wonder the world’s most entrusted organisations trust us. For more information, visit www.entrust.com.
In addition to detecting weapons, Evolv Express™’ ability to detect body temperature makes it an ideal tool to optimize safety measures and ensure minimum person-to-person interaction
SANTA CLARA, Calif., Dec. 10, 2020 — Based on its recent analysis of the North American AI-based touchless security screening solution market, Frost & Sullivan recognizes Evolv Technology with the 2020 North American Technology Innovation Leadership Award for Evolv Express™. As the only touchless security screening system in the world, it is a viable alternative to existing metal detector arches and handheld wands due to its ability to identify concealed weapons with high sensitivity and accuracy.
"Evolv Express™ comprises a low-frequency electromagnetic sensor and AI feature that can detect, locate, and automatically categorize concealed explosives and firearms on visitors or employees in real-time while ignoring other harmless personal items such as smartphones, keys, coins, and belts. There is no need for visitors to stop, empty their pockets, and open their bags for physical/invasive security screening," said Varun Babu Industry Analyst. "Significantly, it is 10x faster than traditional metal detectors and can screen more than 3,600 individuals per hour, wherein individuals can walk at a normal pace one at a time, or in groups via multi-lane entrances. This reduces manpower costs and the need for additional security guards at multi-lane security screening checkpoints."
Evolv is primarily deployed at large workplaces, ticketed venues, and schools. To date, it has screened more than 50 million individuals and prevented visitors from carrying over 5,000 weapons into facilities and events. The solution is also highly adaptable to address COVID-19-related challenges. With workers now slowly returning to the workplace, the company has modified the solution to help assess health risks. The Evolv Express Thermal Imaging Package comprises a thermal sensor and the Evolv TempCheck™ software application that aids companies in screening their employees and visitors for elevated temperatures.
Meanwhile, STANLEY Security, the world’s second-largest electronic security company and global integrator of comprehensive security solutions, has strategically collaborated and invested in Evolv Technology. It also has global distribution agreements with Johnson Controls and many other regional distributors worldwide. This business model empowers the company to achieve a wide global presence with extended support from resellers and channel partners.
"Evolv’s recent addition of the thermal sensor and the Evolv TempCheck software application in Evolv Express is aiding its expansion efforts in Europe and Asia-Pacific," noted Babu. "With more than 100 patents filed related to its automatic threat detection technology with real-time analysis and modular imaging system, Evolv’s technology is unique and not easily duplicated anywhere in the world."
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies that deliver significant customer value.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Evolv Technology provides touchless security screening systems that ensure safety without sacrificing the visitor experience. The company’s latest product, coupled with a thermal imaging package, spots concealed weapons and potential virus infection threats using advanced digital sensors and artificial intelligence that is incredibly accurate, discreet and delivers significantly more throughput than older technologies. Evolv Express™ has earned industry accolades such as the 2020 Edison Awards™, two Campus Safety 2020 BEST Awards, and Campus Security & Life Safety magazine’s Secure Campus 2020 Awards. Evolv’s customers include hundreds of outdoor entertainment venues, stadiums, large-scale events, cultural landmarks, corporations and warehouses, schools and hospitals around the globe. Led by a team of security industry thought leaders with a track record for delivering first-to-market products, the company holds more than 100 patents. Evolv’s investors include Bill Gates, Florida Governor Jeb Bush’s firm, Finback Investment Partners, DCVC (Data Collective), General Catalyst Partners, Lux Capital, SineWave Ventures and STANLEY Ventures. The company’s partners include STANLEY Security and Johnson Controls. For more information, visit https://evolvtechnology.com.
Standard seamlessly integrates AI and computer vision technology into the retailer’s existing infrastructure, providing an enhanced shopping experience for customers
SANTA CLARA, Calif., Dec. 9, 2020 — Based on its recent analysis of the North American autonomous retail checkout market, Frost & Sullivan recognizes Standard with the 2020 North American Technology Innovation Leadership Award. Through a first-of-its-kind AI- and computer vision-powered checkout-free solution, the Standard platform enables a frictionless shopping experience for customers, enabling them to walk into a store, grab what they need, and walk out without having to stand in line or scan anything. The Standard platform also helps retailers autonomously capture product data and track customer movement in a store. It leverages deep-learning-based product segmentation and an identification technique to provide real-time intelligence to retailers for improved customer retention, smooth purchase experiences, and higher profits.
Standard
"Unlike competing solutions that require a gamut of custom hardware systems, shelving, sensors, and scanning software that drive up the cost and complexity of implementation at the store, Standard’s retail checkout infrastructure consists of nothing more than AI-based ceiling-mounted cameras. This setup enables simple integration of the company’s infrastructure into the store’s existing layout, thereby eliminating the need for reconfiguration," said Dhiraj Badgujar, industry analyst at Frost & Sullivan. "Standard has also created an alternative checkout-free model that can be utilized by all brick-and-mortar retailers, irrespective of store size."
Standard’s computer vision cameras track customers based on their shape and movement, eliminating the need for scanning, facial recognition, and other biometric identification processes while ensuring customer privacy and security. Customers within the store are connected through the Standard mobile app (which can be white labeled by retailers) that enables in-store cameras to map them to their payment methods. The data captured by the cameras is transferred to the AI platform installed at the checkout counter, where machine learning algorithms process it in real time to instantly recognize which items the person has, provide insights and enable a smooth payment experience, thereby eliminating the long wait time at the payment counter.
Standard’s technology is less expensive than competing solutions and can be easily retrofitted; it leverages cameras that are cost-effective and flexible enough for easy deployment within stores. Other solutions, in contrast, utilize sensors installed on multiple shelves, involve scanning, and require the store to adjust to the solution. Standard’s technology can recognize thousands of different products within a 20-foot range, even in a very crowded store.
"The company uses a software-as-a-service (SaaS) model to successfully demonstrate its platform for global retail customers. Initially focused on securing a strong foothold in the United States, Standard has expanded into Europe, Japan, and other markets around the world," noted Badgujar. "The combination of resources, proven expertise, and affordable technology development has enabled Standard to achieve commercial success and position itself as a trusted partner in the North American autonomous retail checkout industry."
"With the ability to now safely shop in seconds without waiting in line, our customers around the world tell us that the Standard platform has transformed the retail experience," said Jordan Fisher, Founder and CEO, Standard. "We are honored to receive this award, the result of the tireless and groundbreaking work of the entire Standard team."
Each year, Frost & Sullivan presents the Technology Innovation Leadership Award to the company that has demonstrated uniqueness in developing and leveraging new technologies that deliver significant customer value.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.
Standardis transforming retail as we know it, with the first autonomous checkout solution that works in any existing store and allows customers to walk in, grab what they need, and walk out without waiting in line or stopping to scan or pay. The company’s machine vision and AI-powered solution is the only one that can be quickly and easily installed in retailers’ existing stores, representing a giant leap forward for retail tech and enabling retailers to rapidly deliver an amazing new shopping experience to customers. The first and best-funded startup in this space, Standard has launched multiple operational stores with customers, and is working with retailers around the world. Learn more at https://standard.ai/
BANGKOK, Dec. 9, 2020 — Thailand Convention and Exhibition Bureau announced the winners of the 3rdThailand’s MICE Startup competition, a project aimed to develop innovative solutions for the operation of new normal MICE, with HybridSolution project by NewMediaX winning the top award for its excellent provision of online and offline exhibition engagement.
Thailand Convention and Exhibition Bureau (TCEB) announced the winners of the 3rd Thailand’s MICE Startup competition, a project aimed to develop innovative solutions for the operation of new normal MICE
NewMediaX pairing with the organiser of Thailand Toy Expo, won a cash award of 400,000 baht for ‘HybridSolution’, an integrated Internet of Things (IoT) hardware and software system that helps exhibitors build online and offline engagement. The second prize winner is Loops and MICE & Communication, whose vanpooling service for mega sports events won them 200,000 baht. The third prize winner, AltoTech and SYN Hotel, won 100,000 baht for their smart hotel energy management solution with Artificial Intelligence (AI) and IoT.
Mr. Chiruit Isarangkun Na Ayuthaya, President of TCEB, said: "The annual ‘Thailand MICE Startup’ competition is significant not only for Thailand’s MICE industry but also the country’s economy. In 2018, TCEB foresaw the need to create a channel to help our MICE players go digital when we launched ‘Thailand MICE Startup’. Today, COVID-19 has amplified the importance of digital capabilities and this competition has become a leading platform for our MICE entrepreneurs to discover and apply innovation. It is also a showcase for Thailand’s startups, whose skills and ideas can help our MICE organisations prepare for a digital future."
This year, the judges have introduced new criteria to ensure marketability. Not only must competing teams develop a solution to address a specific pain point, they must also demonstrate return-on-investment for MICE entrepreneurs, impact on the MICE industry, effectiveness in addressing new normal challenges, ability to foster collaboration between MICE entrepreneurs and startups, and practical considerations.
This third edition of the competition, which was launched in July, entered the final round in November when the five finalist teams were unveiled. They were: 1) Loops and MICE & Communication; 2) SSP Platform and Green World Media; 3) Potioneer and BITEC; 4) AltoTech and SYN Hotel; and 5) NewMediaX and the organiser of the Thailand Toy Expo.
Three affiliated public agencies have supported the ‘Thailand MICE Startup’ competition since its launch. They are the National Science and Technology Development Agency (NSTDA), the Digital Economy Promotion Agency (depa), and the National Innovation Agency (NIA).
Mrs. Suwipa Wanasathop, Vice President of the NSTDA, said: Software Park Thailand which is under NSTDA is committed to matching the capabilities of our tech and digital entrepreneurs with the needs of industry. TCEB’s ‘Thailand’s MICE Startup’ competition has proved to be an excellent platform for this purpose with many promising ideas presented. We are delighted to support the creation of these future-ready solutions through this competition and see them adopted by the MICE industry."
Mr. Chatchai Khunpitiluck, Senior Executive Vice President – Digital Economy Unit, The Digital Economy Promotion Agency (depa), said: "TCEB’s ‘Thailand’s MICE Startup’ competition has a direct impact on Thailand’s MICE industry and demonstrates the value of a well-defined cross-sector collaboration. It’s also an excellent platform for startups to showcase their cutting-edge capabilities and for industry to look for new ways to rapidly deliver enhanced digital experiences."
Dr. Pun-Arj Chairatana, Executive Director of The National Innovation Agency (Public Organization) (NIA), said: "The COVID-19 pandemic has fuelled the rise of virtual events and we have responded with partnerships with Thai inventors to co-create new digital tools to meet new market demands. We share an identical mission to TCEB’s ‘Thailand’s MICE Startup’ competition – to accelerate the invention of technologies that will enhance efficiency and enrich customer experience. We are impressed by the range of solutions generated and the thought process behind each idea."
Thailand: Redefine Your Business Events Experience the Extraordinary with Our Extra Care
About TCEB
A LEADING AGENCY AT THE FOREFRONT OF THAILAND’S MICE INDUSTRY
Established in 2004, Thailand Convention & Exhibition Bureau (Public Organization) or TCEB – the government agency under the supervision of the Prime Minister – has been assigned a role to promote, support and develop business events industry – corporate meetings, incentive trips, conventions, exhibitions, mega events and world festivals. Serving as a strategic partner, TCEB helps deliver creative ideas and solutions to bring success and fulfill the requirements of business events. The overarching goal is to drive Thailand to become a global MICE and mega events destination that can drive the country’s strategic industries and national economy.
