AI News, Why and how do we intelligently combine IoT and non IoT? artificial intelligence

WISeKey’s Trusted Hardware to the Cloud Ecosystem with IoT MicroChips and Root of Trust has been installed on over 4 billion devices

ZUG, GENEVA - July 1, 2019 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN), a leading global cybersecurity and IoT company today announced that its WISeKey Trusted Hardware to the Cloud Ecosystem has reached significant milestones:  over 1 billion objects have been already secured by WISeKey VaultIC Chips and over 3 billion Root of Trust (RoT) are recognized by all operating systems (OS) and applications like internet browsers or email applications.

The WISeKey Ecosystem install base has expanded in virtually all IoT sectors (smartcards, smart cities, drones, anti-counterfeiting, smart lighting, servers, mobile phones, etc.).  WISeKey is uniquely positioned to be at the edge of IoT as VaultIC Secure Elements protect a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications detect cybersecurity attacks or predict the failure of their equipment before it happens.

This platform can be used in multiple industrial applications, allowing for optimized productivity across industries through predictive maintenance on equipment and machinery, creating truly smart homes with connected appliances, and providing critical communication between devices including self-driving cars and smart homes.

WISeKey chips are built with unique features able to secure storage, cryptographic calculations and digital signatures, and are specifically designed to execute sensitive calculations, without leaking information such as power consumption patterns or electromagnetic emissions to the outside world.

The data is stored deep down within the protected memory of the chips, which are designed with unique capabilities not to allow other software to run on them and are equipped with various hardware sensors and protection mechanisms making them resistant to hardware attacks. If the WISeKey Secure Elements had been used for sensitive data storage for the Application Microcontrollers affected by the recent ‘Meltdown’ and ‘Spectre’ attacks, the attack would not have been successful.

WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.).  WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange.

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Ideal for enterprise-grade data management, Lumada combines the power of artificial intelligence, advanced analytics and intelligent Asset Avatars - commonly known as digital twins - to streamline and simplify management of connected business and industrial assets.

This helps to increase asset utilization and accelerates the time to value of IIoT initiatives, driving faster time to actionable insights and high-value business outcomes for industrial and enterprise customers.

Customers looking to further accelerate the time to value of their IIoT initiatives with Lumada will also benefit from co-creation services engagements with Hitachi, which taps them into Hitachi's expansive industrial, operational technology (OT) and information technology (IT) expertise to create customized IoT solutions tailored to their unique requirements.

Gartner Magic Quadrant for Industrial IoT Platforms, Eric Goodness, Scot Kim, Ted Friedman, Alfonso Velosa, Emil Berthelsen, Amitesh Shrivastava, 25 June 2019 Gartner Disclaimer Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation.

We combine technology, intellectual property and industry knowledge to deliver data-managing solutions that help enterprises improve their customers' experiences, develop new revenue streams, and lower the costs of business.

The company's consolidated revenues for fiscal 2018 (ended March 31, 2019) totaled 9,480.6 billion yen ($85.4 billion), and the company has approximately 296,000 employees worldwide.

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