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Utimaco Applauded by Frost & Sullivan for Improving Public-Key Encryption and Data Security and for Its Competitive Strategies
Utimaco offers comprehensive and industry-specific expertise by working on complex design and implementation projects with diverse organizations that have distinct security needs and requirements
SAN ANTONIO, Sept. 4, 2024 /PRNewswire/ — Frost & Sullivan recently assessed the post-quantum cryptography (PQC) industry and, based on its findings, recognized Utimaco with the 2024 Global Competitive Strategy Leadership Award. The company is a leading global provider of on-premises and cloud-based payment and general-purpose hardware security modules (HSMs), which act as the central Root of Trust for any digital environment. Utimaco supplies the Root of Trust for a variety of industries and use cases, ranging from autonomous cars to hospitals and national critical infrastructure.
By cross-cutting verticals, the company provides specialized offerings to manufacturers, governments, mobile network operators, banks, airports, and utilities, among others. Utimaco’s portfolio is widely integrated in the market for its multiple layers of digital trust and cybersecurity and includes solutions for:
- Data protection
- Key management
- Secure payments
- Telecommunication
- Public warnings
Utimaco complemented its organic growth and offerings through a series of strategic acquisitions across the security ecosystem. It acquired Atalla Product Line from Micro Focus to expand into the U.S. market and added payment HSM and enterprise key management to its existing general purpose portfolio. The company substantially expanded its portfolio for the payments and financial industries by acquiring solutions provider GEOBRIDGE for key management and MYHSM for an as-a-service offering known as Trust as a Service Marketplace. It also acquired exceet Secure Solutions (ESS) and REALSEC, further increasing its IT and IoT security footprint in Europe. With its acquisition of Celltick, a global leader in public warning and mass notification systems and the world’s largest cell broadcast center provider, Utimaco expanded its comprehensive offering to government, telecommunications, and enterprise customers. Finally, after acquiring conpal, it fully integrated its file and folder encryption solutions to complete its data protection portfolio.
Ozgun Pelit, senior industry analyst at Frost & Sullivan, said: “Utimaco’s expertise in deploying HSMs both for general purpose and specialized use cases translates well to the post-quantum era, which requires high levels of customization and adaptability. Utimaco also strategically positions itself as a wide-ranging partner for organizations in this monumental task, providing consultancy services, quantum-readiness assessments, and crypto-agility solutions—an integral part of migration to PQC as a leading HSM supplier.”
Utimaco also actively participated in PQC standardization efforts and interoperability processes, including collaborative research projects and thought leadership. It is closely engaged in the broader ecosystem of quantum security, working on proofs of concept and active standardization in quantum key distribution and quantum random number generation. Placing a strategic focus on PQC to prepare the security infrastructure for the quantum era, Utimaco has been the first mover in developing PQC-ready HSMs. It developed the Quantum Protect application as an extension for its General Purpose HSMs to enable the implementation of new and quantum-resistant algorithms through a technology partnership with ISARA, a leading provider of quantum-safe security solutions. This paved the way for large organizations to test and integrate quantum-safe algorithms into their operations very early on and before the release of official standards. Testing its functional compliance with the NIST algorithms on a regular basis, Utimaco strives to be feature-complete and supports individual algorithms selected by European and international security agencies.
“The transition from legacy algorithms to PQC and overcoming interoperability and performance challenges involves industry-specific requirements and adaptability. Utimaco’s strategic positioning and expertise in a wide range of industries and applications put the company at a great advantage in migration to PQC,” added Ozgun. With its strong overall performance, Utimaco earns Frost & Sullivan’s 2024 Global Competitive Strategy Leadership Award in the Post-Quantum Cryptography industry.
Each year, Frost & Sullivan presents this award to the company that has leveraged competitive intelligence to successfully execute a strategy that results in stronger market share, competitive brand positioning, and customer satisfaction.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in 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, megatrends, 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.
Contact:
Ashley Shreve
E: [email protected]
About Utimaco
Utimaco is a global platform provider of trusted Cybersecurity and Compliance solutions and services with headquarters in Aachen (Germany) and Campbell, CA (USA). Utimaco provides on-premises and cloud-based hardware security modules, key management, data protection as well as data intelligence solutions for regulated critical infrastructures and Public Warning Systems. Utimaco is one of the world’s leading manufacturers in its key market segments.
500+ employees around the globe create innovative solutions and services to protect data, identities and communication networks with responsibility for global customers and citizens. Customers and partners in many different industries value the reliability and long-term investment security of Utimaco’s high-security products and solutions. Find out more on www.utimaco.com.
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BEIJING, Nov. 15, 2024 /PRNewswire/ — On November 14, 2024, ThunderSoft (Stock Code: 300496), a world leading OS and intelligent device products and technology provider, and HERE Technologies, the leading location data and technology platform, announced a strategic partnership to enhance collaboration in intelligent navigation and high-definition maps. The collaboration aims to support the efficient development of navigation systems, contributing to a more connected and intelligent mobility ecosystem.
The agreement will see both companies maximize their technical strengths and platform resources for comprehensive, multifaceted cooperation. ThunderSoft’s Aqua Drive OS will integrate HERE location data and services, including HERE SDK, HD Map and autonomous driving solutions. These AI-powered elements, create a foundation for developers worldwide to build intelligent system platforms. Additionally, the partnership will deliver tailored intelligent navigation solutions for international markets, addressing the diverse requirements of automotive manufacturers and consumers.
The companies will also collaborate to develop immersive and interactive 3D high-definition mapping solutions by combining HERE’s map data with ThunderSoft’s Kanzi Map engine, establishing a new benchmark in intelligent driving and navigation.
Deon Newman, Senior Vice President and General Manager of HERE Technologies said, “This strategic partnership with ThunderSoft represents a transformative step in delivering on the potential of AI and software-defined vehicles. By uniting our best-in-class location technology with ThunderSoft’s advanced system capabilities, we will together deliver greater insight and intelligence to every journey, empowering our clients to create richer, more personalized experiences for their customers worldwide.”
Hengshang Chang, Executive President and President of SmartVehicle Business Group of ThunderSoft, highlighted the strategic importance of the collaboration, “Our collaboration with HERE holds immense significance. By integrating HERE’s map data and location platform capabilities with ThunderSoft’s pioneering vehicle OS technology, we aim to develop more competitive, globally-oriented intelligent navigation systems for the automotive industry, enabling automakers to achieve accelerated growth.”
About HERE Technologies
HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. Find out how HERE is moving the world forward at here.com.
About ThunderSoft
ThunderSoft, a well-known intelligent operating system products and technologies provider, has been continuously accumulating and innovating in the operating system field, with its business expanding gradually from smart phone to smart vehicle, AIOT and smart industries. Website: https://en.thundersoft.com
View original content:https://www.prnewswire.co.uk/news-releases/thundersoft-partners-with-here-technologies-to-enhance-intelligent-navigation-solutions-302307004.html
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .
Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.
As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.
With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.
Supervision by International Regulatory Institutions to Ensure Top-Tier Safety
As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.
Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.
Dedication to Shape the Industry with Innovative Solutions
Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.
This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.
Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.
Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!
E-mail: [email protected]
The post Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets appeared first on .
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