AIoT: The Technology and Its Limitless Possibilities

We live in the age of technological advancement and progress is happening at an unprecedented speed. With newer technologies emerging every day, it is unreasonable to not be intrigued by their implications on business. Artificial Intelligence and the Internet of Things are two independent technologies that are changing the face of several industries, one advancement at a time. While Artificial Intelligence promises to automate and simplify everyday tasks for humans, the Internet of Things is rapidly bridging the gap between physical and digital. The convergence of these two technologies promises to simplify lives through connected devices.

This convergence has already been witnessed in several industries and is being hailed as the Artificial Intelligence of Things or AIoT. Experts across industries claim that Artificial Intelligence of Things is set to redefine the future of the industry and mold intelligent and connected systems.

Applications

The Artificial Intelligence of Things is a congruence of AI and IoT infrastructures being used to achieve several applications across industries more accurately and efficiently. We already know that IoT generates scores of data, but this data is pretty useless in its raw form, it the organization, analysis, and interpretation of the data that makes it invaluable. Manually parsing through all of that data can take months given the sheer volume of it. This is where AI comes in. Modern AIs are programmed to efficiently handle large amounts of data to turn them into coherent pieces of information.  Together, IoT and AI make for a great technological tool for business. Take a look at some other applications of AIoT in business.

Marketing

Good marketing comes from a series of well informed and well-researched decisions. For example, deciding on where the budget is allotted, what market strategy is put into action, or which campaign is prioritized. While human decisions can be fallible, most businesses today cannot afford to make big mistakes. This is where AIoT turns into a big help. Through the Artificial Internet of Things, marketers can get reports about market trends, probabilities, customer behavior, and more, most of these in real-time. These reports help marketers make informed decisions that are much likely to result in success.

Drones

Drones are one of the biggest advancements of IoT technology. In fact, drones are so popular with such varied applications, that drones can be talked of as a separate technology in themselves. These flying machines were originally invented for military purposes such as surveillance or weapon deployment but markets have rapidly found utility in drones for many other purposes. Today, they are being used as delivery bots, nature conservation, surveillance mechanisms, research tools, safety equipment, field substitutes, agriculture, geo-mapping, and a lot more.

With AIoT, drones have become smarter, more adaptable, and way more useful. As Artificial intelligence allows drones to make minor decisions, their applications have gotten wider and more sophisticated. In a brilliant use case of AIoT, a drone enthusiast named Peter Kohler has started the Plastic Tide Project which uses drones to locate plastic on the ocean surfaces. The drones are powered by AI which allows them to locate plastic and not other elements like marine life or corals. These drones then hover over the plastic waste and speed up the ocean cleaning process.

Drones can be used to map farmlands, determine the optimum farming processes and schedules, count the cattle, monitor their health, and even undergo certain physical tasks in agriculture, all thanks to the Artificial Intelligence of Things.

AR/VR

Augmented Reality and Virtual Reality are both heavily data-dependent technologies. There cannot be a convincing virtual reality unless there is data available for creating the said simulation. AR and VR have both found applications in several industries like healthcare, gaming, training, education, design, and manufacturing. Most of these applications fall in the critically important category and therefore, the AR or VR must be accurate to the minutest detail. This can only be achieved with mounds of data from the actual reality. With the help of IoT, this data is not accessible, and AI interprets it in a way that it can be turned into several different formats.

Infrastructure

One of the most useful applications of AIoT has been infrastructure. Artificial Intelligence of Things has fuelled innovation and planning for smart cities across the world. With the open data available for urban planning, cities are now becoming safer and more convenient to live in. AIoT has also made it possible to optimize energy consumption and ensure safer roadways through traffic surveillance. With smart energy grids, smart streetlights, and smart public transport, energy consumption and carbon emissions are both controlled.

Moreover, AIoT has given a whole new life to urban design, and now comfort and aesthetics do not have to be sacrificed for convenience.

Energy

As we discussed above, Artificial Intelligence of Things is instrumental in optimizing energy consumption in urban areas. However, the applications of AIoT in the energy sector are not limited to smart cities. Many utilities providers across the globe are already gearing up to incorporate AIoT in their process. The expected benefits from the Artificial Intelligence of Things range from improved grid management, power quality, reliability, and restoration resilience to enhanced cybersecurity and better integration of distributed energy.

Most utilities providers have still not adopted the new technology but with the increasing complexity of grid management and higher customer experience demands, there is no denying that they will have to deploy AIoT solutions to tackle these.

Robotics

In layman’s experience robots are either extremely sophisticated machines from sci-fi that undertake every task humans can and more, or they are these clunky things that can pass you the butter. In practice, however, robotics is a lot more practical than these ideas. Today, robotics is at the forefront of AIoT applications.

The Artificial Intelligence of Things is being used in robotics for several applications such as surgical procedures, manufacturing, and even first aid. In healthcare specifically, AIoT powered robots are taking huge leaps. Robotic surgery eliminates the chance of human error and offers a much more precise surgical experience with minimum invasion. This enhances the success rate of surgery and aids faster recovery in patients.

Logistics

The convergence of AI and IoT has made a huge impact on logistics as it is now possible to automate the entire process, track the goods, as well as monitor the entire trajectory from deployment to delivery. With the addition of drones and robotics, even the last mile delivery can be automated with zero human intervention. This makes for faster delivery, better customer experience, as well as a well-designed supply chain management system.

Industrial

As the concept of adding smart sensors to physical objects emerged in the 1980s, a new term was coined a decade later—Industrial Internet of Things. IIoT is now a huge phenomenon of automating and optimizing industrial operation technologies across the globe. As IIoT is deployed in several factions of the industry including manufacturing, supply chain management, human resources, and energy management, these devices and sensors generate a massive amount of data daily. The data generated from even a single process can be dizzying, and this is where AI makes a difference. AI can not only manage this data but also find the relevant points of data and analyze it for business purposes.

Edge Computing

Artificial Intelligence has given way for another technology i.e. Edge computing. Edge computing allows a device to process data itself rather than rely on remote data servers to do so. It may seem like a small feat but think of the possibilities it offers—drones don’t have to be connected to find their way, smart appliances can interact with each other without a shared network, and thermostats can change the temperature based on your past preferences automatically.

Edge computing is by no way a new technology but, in the future, it offers huge possibilities like smart automobiles and aircraft, or even robots in every home.

Frequently Asked Questions


What are the examples of Artificial Intelligence?

Some of the most common examples of Artificial Intelligence are Google Maps and Uber. The AI allows you to find routes to any destination and even hail rides there.

How does AI help IoT?

Artificial Intelligence can comb through millions of data points in seconds to come up with patterns and analyze them. As IoT generates a lot of data continuously, AI is a powerful and complementary technology that helps IoT.

Is IoT related to Artificial Intelligence?

Internet of Things and Artificial Intelligence are two separate technologies that interact with each other well as their functions aid each other progress. AI helps with the data generated by IoT, and IoT provides relevant data for AI to analyze.

Spotlight

Powelectrics Limited

Powelectrics supply equipment and solutions for monitoring, control and automation to a wide range of industries, with a strong focus on remote monitoring. Sensing & telemetry benefits all areas of business and Powelectrics are able to provide systems that are affordable & flexible, bringing down the total solution cost, opening up new applications.The innovative & award winning Metron2 device addresses a range of remote monitoring and alarming applications. The Metron2 has been designed to operate across the globe, driving down the cost of telemetry, opening up new projects as well as providing a cost effective alternative to ongoing and existing installations. For the LPG sector we have an ATEX approved battery powered telemetry device available, ideally suited to remote tank level monitoring applications.Powelectrics telemetry makes sense, with products that are designed to be easy to install with low cost communications, adaptable software options & powerful yet flexible protocols

OTHER ARTICLES
Enterprise Iot

The IoT Smarthome Battlefield: A Jointly Endorsed IoT Standard for the Home Area Network

Article | July 20, 2023

Google announced that together with Amazon and Apple (the big 3 smart home players) they will work on the adoption of a joint wireless IoT standard for the smart home. This new connectivity standard is designed to make it easier for smart home products to work with each other.In the statement, Google said they were “joining Amazon, Apple and others to create Connected Home over IP, a new independent working group managed by the Zigbee Alliance (separate from the existing Zigbee 3.0/Pro protocol). We’re contributing two of our market-tested and open-source smart home technologies, Weave and Thread. Both are built on IP and have been integrated into millions of homes around the world.”

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Smart Home Technologies: Zigbee, Z-Wave, Thread, and Dotdot

Article | June 28, 2023

If you own smart home products like SmartThings or Nest, you may be familiar with some of the technologies behind them. Network protocols like Zigbee and Z-Wave dominate the industry, while Thread, a younger network standard, is gaining headway as a strong contender in the battle for market share. Although this may seem like your typical rivalry between industry leaders, the competitive landscape is more complicated than selecting one over another.

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12 Industrial IoT Companies You Should Know

Article | October 11, 2023

As the industrial IoT market continues to expand at rapid rates, companies across the world are reaping the benefits. Utilizing this growing network of tools and systems, businesses have been able to prevent costly downtime, decrease product development costs, enhance customer engagement and satisfaction and acquire and implement intelligent data for strategic planning purposes.The potential benefits are seemingly endless, and the list of organizations that are embracing this industrial revolution is continuing to grow, so let’s highlight some of the main IIoT companies you need to know for a number of the most common IIoT use cases.

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Who should lead the push for IoT security?

Article | February 10, 2020

The ease with which internet of things devices can be compromised, coupled with the potentially extreme consequences of breaches, have prompted action from legislatures and regulators, but what group is best to decide? Both the makers of IoT devices and governments are aware of the security issues, but so far they haven’t come up with standardized ways to address them. The challenge of this market is that it’s moving so fast that no regulation is going to be able to keep pace with the devices that are being connected,” said Forrester vice president and research director Merritt Maxim. “Regulations that are definitive are easy to enforce and helpful, but they’ll quickly become outdated.”The latest such effort by a governmental body is a proposed regulation in the U.K. that would impose three major mandates on IoT device manufacturers that would address key security concerns.

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Powelectrics supply equipment and solutions for monitoring, control and automation to a wide range of industries, with a strong focus on remote monitoring. Sensing & telemetry benefits all areas of business and Powelectrics are able to provide systems that are affordable & flexible, bringing down the total solution cost, opening up new applications.The innovative & award winning Metron2 device addresses a range of remote monitoring and alarming applications. The Metron2 has been designed to operate across the globe, driving down the cost of telemetry, opening up new projects as well as providing a cost effective alternative to ongoing and existing installations. For the LPG sector we have an ATEX approved battery powered telemetry device available, ideally suited to remote tank level monitoring applications.Powelectrics telemetry makes sense, with products that are designed to be easy to install with low cost communications, adaptable software options & powerful yet flexible protocols

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Security

Xiaomi Strengthens Data Protection with Independent Audit of Compliance

Xiaomi | February 03, 2022

Xiaomi, a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core, has today announced the findings of an independent review into its data protection compliance. Xiaomi appointed TRUSTe LLC, a subsidiary of TrustArc, to conduct an independent audit of its data protection and security management. The review comprehensively evaluated whether the processing of personal information conducted by Xiaomi is performed in compliance with the General Data Protection Regulation (GDPR) of the European Union (EU). The TRUSTe review summary states: "The measures described in the GDPR Validation Assessment were suitably designed to provide reasonable assurance" that all 40 GDPR Validation Requirements would be met. As the first ever Chinese enterprise to receive certification from TRUSTe, Xiaomi continues to submit to outside scrutiny when it comes to data protection and user privacy, adopting the GDPR of the EU compliance assessment since 2018. The Validation Requirements focus on program-level measures in eight areas: Integrated Governance, Risk Management, Resource Allocation, Policies and Standards, Processes, Awareness and Training, Monitoring and Assurance, and Reporting and Certification. A member of the Global Privacy Solutions team from TRUSTe validated that Xiaomi has met the applicable Validation Requirements. Cui Baoqiu, Xiaomi Vice President and Chairman of Xiaomi Security and Privacy Committee, said the GDPR Validation Assessment is an important step in continuously enhancing the company's data and security compliance. Xiaomi strives to uphold the highest standards of user privacy policies and practices, particularly for its users in the EU, he added. "We regularly engage with TRUSTe, as well as other credible institutions globally to warrant that Xiaomi's user privacy protection, including GDPR compliance, keeps improving and perfecting its practices to offer our users reliable and trustworthy products and services. I'm very pleased to see that Xiaomi has completed TRUSTe's annual audit of GDPR privacy compliance, which demonstrates our commitment to privacy protection." Cui Baoqiu, Xiaomi Vice President and Chairman of Xiaomi Security and Privacy Committee TrustArc, which is based in the U.S., is a leading global privacy compliance and risk management company with decades of deep expertise and leadership in building and maturing comprehensive privacy programs and enabling continuous compliance, information governance, and data security. User security and privacy is Xiaomi's top priority. In 2014, Xiaomi established its Security and Privacy Committee. In 2016, Xiaomi became the first Chinese enterprise to receive certification from TrustArc. Xiaomi adopted the GDPR of the EU compliance assessment in 2018, and continues to submit to outside scrutiny when it comes to data protection and user privacy. In 2019, Xiaomi security and privacy practices were certificated on ISO/IEC 27001 and ISO/IEC 27018. The company also published the first version of the MIUI security and privacy white paper. About Xiaomi Corporation Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core. Embracing our vision of "Make friends with users and be the coolest company in the users' hearts", Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology. Xiaomi is one of the world's leading smartphone companies. The company's market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world's leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020. Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

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Security

Xiaomi Strengthens Its Position on Consumer IoT Security with Proposed Global Common Standards

Xiaomi Corporation | January 18, 2022

Xiaomi, a consumer electronics and smart manufacturing company that established the world's leading consumer AIoT (AI+IoT) platform, has published a new set of proposed global standards to support and reassure consumers about the security of their data while using IoT products. The guideline entitled "Cyber Security Baseline for Consumer Internet of Things Device Version 2.0" *[1] aims to protect security and user privacy with a comprehensive set of requirements covering guidelines from device hardware, device software to device communication. It also states the requirements on data security and privacy, which include communication security, authentication and access control, secure boot, data deletion, etc. It is a security baseline that all Xiaomi smart devices should follow. The guideline of Xiaomi meets the need of the consumer IoT industry as there is no such general standard that can be publicly queried and implemented. Now companies can use this guide to avoid some basic security and privacy protection risks, and to quickly improve the security and privacy protection capabilities of their IoT products. Xiaomi owns the world's leading consumer AIoT platform. As of November 2021, Xiaomi's AIoT platform has connected more than 400 million devices, excluding smartphones and laptops, and there are more than 8 million users with 5 or more Xiaomi IoT devices around the world. Xiaomi offers the most comprehensive security protection to its users and explores the best industry solutions and common standards for other stakeholders. The guideline comes as the British Standards Institution (BSI) confirmed that Xiaomi Mesh System AX3000 has obtained the BSI IoT Kitemark™ Certificate, which has undoubtably proved the high degree of consistency between the Cyber Security Baseline for Consumer Internet of Things Device of Xiaomi and the international IoT security standards held by BSI. "Users' security and privacy is the top priority of Xiaomi, and we promise that this applies to all markets where we operate. I'm delighted to see that Xiaomi Mesh System AX3000 has also successfully joined the BSI Kitemark™ certification. Over the years, we have made great efforts to protect users' security and privacy. I'm confident and proud to say that Xiaomi is in the leading position of IoT security policies and practices in the world, and we will continue to work hard to build a better IoT ecosystem for our users." said Cui Baoqiu, Xiaomi Vice President and Chairman of Xiaomi Security and Privacy Committee. "Connected devices can bring huge benefits to society, but it is imperative that their function and security can be trusted throughout the required device life. By achieving the BSI Kitemark™ for IoT Devices for its product and having its systems regularly and independently tested and monitored, Xiaomi is demonstrating to consumers their commitment to safeguarding information. Congratulations to the team at Xiaomi for this achievement." David Mudd, BSI Global Digital and Connected Product Certification Director The BSI IoT Kitemark™ is a product and service quality certification owned and operated by BSI. It conducts technical testing and security audits for IoT systems, giving consumers reassurance and confidence of secure and trust-worthy IoT devices under the highest standards. Obtaining the BSI IoT Kitemark™ Certificate means that Xiaomi products are in compliance with multiple cybersecurity standards, including the ETSI/EN303645 standard issued by European Telecommunications Standards Institute (ETSI), as well as the Open Web Application Security Project® (OWASP) Top 10 security requirements. It is the third time that Xiaomi received this international security accreditation, following Mi 360° Home Security Camera 2K and Xiaomi Home App, which achieved the BSI Kitemark™ Certificates in July 2021. These are only a small part of the bigger picture of what Xiaomi has achieved on IoT security. In June 2021, Xiaomi published the Xiaomi IoT Privacy White Paper *[2], explaining the security and privacy policies and practices of Xiaomi's IoT products, gaining trust by increasing the transparency. In November of the same year, in The Contemporary Use of Vulnerability Disclosure in IoT (Report 4: November 2021) *[3] published by the Internet of Things Security Foundation (IoTSF), Xiaomi was listed as one of the 21 IoT device suppliers that met the extended threshold test, namely received the highest rating for security vulnerability disclosure policy, which demonstrates Xiaomi's leadership in IoT security. In the future, Xiaomi will keep improving its IoT security framework, while strengthening its security management and technical testing capabilities to fulfill the responsibility of a global industry leader and let everyone in the world enjoy a better and smarter life through innovative and safe technology. About Xiaomi Corporation Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core. Embracing our vision of "Make friends with users and be the coolest company in the users' hearts", Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology. Xiaomi is one of the world's leading smartphone companies. The company's market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world's leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020. Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

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Industrial IoT

Dolphin Design, a leader in Edge Computing and AI platforms for IoT, is expanding into Asia and opens a processing center in Singapore

Soitec | January 06, 2022

Dolphin Design, a company specialized in advanced chip design, will open its new dedicated Edge Computing and AI branch in Singapore at Pasir Ris where the France-based semiconductor company Soitec operates a fab. Dolphin Design's vision is to enable the largest possible AIoT/EDGE IoT semiconductor community to deliver products with ultimate energy efficiency and performance given its mantra "Consume less energy while increasing performance". Soitec holds an 80% stake in Dolphin Design. While the hub of the power management and audio activities will remain in France, Dolphin Design wants to move some of its processing activities to Singapore. The branch will become a center of excellence in R&D and industrialization for its processing activity and a key pillar in its business development in Asia and worldwide. It will also become a regional application lab and customer support center for its processing IP platform portfolio. Dolphin Design also plans to build demo boards and software in Singapore, especially for its growth in AI algorithms, leveraging its strong platform for entrepreneurial and industrial developments in the semiconductor sector. Dolphin Design`s development plan in Singapore calls for the recruitment of 10 local talents in the coming months and up to 50 in total by 2023. Highly skilled engineers with a background in AI or Edge Computing, from fresh graduates to those with over 15 years of experience in that fields will be sought. Qualified staff will have the opportunity to further hone their expertise with training stints in Dolphin Design’s headquarters in France. In addition, the staff would also benefit from being co-located with Soitec as this will enable them to gain exposure to and cross-learning capabilities in the engineered substrate manufacturing. Chang Chin Nam, Senior Vice President and Head Semiconductor of Singapore´s Economic Development Board (EDB), said, “We value partnerships with semiconductor companies such as Dolphin Design in addressing the global demand for semiconductor solutions, in growth areas such as Edge Computing and AI. The semiconductor industry is a key pillar of Singapore’s economy, and Dolphin Design’s decision to site its new Edge Computing and AI branch in Singapore is testament to our attractiveness as a global hub for chip design. EDB is delighted to support Dolphin Design’s establishment in Singapore, which will create good job opportunities for Singaporeans.” Cyril Menon, Operations Senior Executive Vice President at Soitec and Chairman of the Dolphin Design Board, said, “Dolphin Design is gaining momentum and its expansion to Singapore is an exciting milestone for its development. We are very proud to welcome Dolphin Design in our fab in Singapore, where we manufacture cutting-edge semiconductor materials. We look forward to leveraging the combined synergies of Dolphin Design’s R&D and Soitec’s engineered substrates manufacturing capabilities to provide an integrated, value-added solution for the semiconductor ecosystem. We know that the opportunities surrounding AI and Edge Computing are virtually limitless today and having Dolphin Design under one roof with Soitec in Singapore will allow it to harness Soitec’s regional footprint and jointly capture and exploit the potential of these technologies.” “Singapore is a strategic location for our future development. While we already have cooperation programs with local universities, we now want to leverage Singapore ecosystem to build a development center that will be essential to our roadmap on Edge Computing and AI for IoT. We are proud that this initiative is strongly supported by the local authorities through EDB. Our goal is to recruit the best engineers in the region to help us grow and develop new solutions for our customers. Being in Singapore will also allow us to be closer to our Asian customers and provide them with quick support.” Philippe Berger, CEO of Dolphin Design About Dolphin Design Dolphin Design is an innovative and fast-growing semiconductor company in which Soitec holds a majority stake of 80%. The copmany employs more than 180 people, including 140 engineers who design the key functions of an integrated circuit - called "IP blocks or platforms" - or even the complete integrated circuit - called ASIC or System-on-Chip (SoC). The company has unique know-how in optimizing energy efficiency, which earned it the honor of being one of the 1000 companies worldwide to receive the Solar Impulse label. Alongside its customers which today number more than 600 companies, Dolphin Design focuses on long-term, human and ingenious collaborations that enable billions of people to use energy-efficient electronic equipment’s or devices every day. Whether its customers are targeting consumer electronics markets, including IoT, multimedia, AI and 5G, or automotive and aerospace markets, Dolphin Design helps them unleash their creativity to make their products more competitive while being more responsible with their energy consumption. Dolphin Design´s mantra to its customers is simple: "Tell us your biggest dream. Dare the impossible. We make it happen". About Soitec Soitec is a world leader in designing and manufacturing innovative semiconductor materials. The company uses its unique technologies and semiconductor expertise to serve the electronics markets. With more than 3,500 patents worldwide, Soitec’s strategy is based on disruptive innovation to answer its customers’ needs for high performance, energy efficiency and cost competitiveness. Soitec has manufacturing facilities, R&D centers and offices in Europe, the U.S. and Asia. Fully committed to sustainable development, Soitec adopted in 2021 its corporate purpose to reflect its engagements: "We are the innovative soil from which smart and energy efficient electronics grow into amazing and sustainable life experiences.

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Security

Xiaomi Strengthens Data Protection with Independent Audit of Compliance

Xiaomi | February 03, 2022

Xiaomi, a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core, has today announced the findings of an independent review into its data protection compliance. Xiaomi appointed TRUSTe LLC, a subsidiary of TrustArc, to conduct an independent audit of its data protection and security management. The review comprehensively evaluated whether the processing of personal information conducted by Xiaomi is performed in compliance with the General Data Protection Regulation (GDPR) of the European Union (EU). The TRUSTe review summary states: "The measures described in the GDPR Validation Assessment were suitably designed to provide reasonable assurance" that all 40 GDPR Validation Requirements would be met. As the first ever Chinese enterprise to receive certification from TRUSTe, Xiaomi continues to submit to outside scrutiny when it comes to data protection and user privacy, adopting the GDPR of the EU compliance assessment since 2018. The Validation Requirements focus on program-level measures in eight areas: Integrated Governance, Risk Management, Resource Allocation, Policies and Standards, Processes, Awareness and Training, Monitoring and Assurance, and Reporting and Certification. A member of the Global Privacy Solutions team from TRUSTe validated that Xiaomi has met the applicable Validation Requirements. Cui Baoqiu, Xiaomi Vice President and Chairman of Xiaomi Security and Privacy Committee, said the GDPR Validation Assessment is an important step in continuously enhancing the company's data and security compliance. Xiaomi strives to uphold the highest standards of user privacy policies and practices, particularly for its users in the EU, he added. "We regularly engage with TRUSTe, as well as other credible institutions globally to warrant that Xiaomi's user privacy protection, including GDPR compliance, keeps improving and perfecting its practices to offer our users reliable and trustworthy products and services. I'm very pleased to see that Xiaomi has completed TRUSTe's annual audit of GDPR privacy compliance, which demonstrates our commitment to privacy protection." Cui Baoqiu, Xiaomi Vice President and Chairman of Xiaomi Security and Privacy Committee TrustArc, which is based in the U.S., is a leading global privacy compliance and risk management company with decades of deep expertise and leadership in building and maturing comprehensive privacy programs and enabling continuous compliance, information governance, and data security. User security and privacy is Xiaomi's top priority. In 2014, Xiaomi established its Security and Privacy Committee. In 2016, Xiaomi became the first Chinese enterprise to receive certification from TrustArc. Xiaomi adopted the GDPR of the EU compliance assessment in 2018, and continues to submit to outside scrutiny when it comes to data protection and user privacy. In 2019, Xiaomi security and privacy practices were certificated on ISO/IEC 27001 and ISO/IEC 27018. The company also published the first version of the MIUI security and privacy white paper. About Xiaomi Corporation Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core. Embracing our vision of "Make friends with users and be the coolest company in the users' hearts", Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology. Xiaomi is one of the world's leading smartphone companies. The company's market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world's leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020. Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

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