SECURITY

Finite State Recognized For IoT Security Innovation in 2021 CyberSecurity Breakthrough Awards Program

Finite State, CyberSecurity Breakthrough | October 04, 2021

Finite State, the leader in connected device security, today announced that it has been named the winner of the “IoT Device Security Solution of the Year” award in the fifth annual CyberSecurity Breakthrough Awards program conducted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market today.

Finite State defends critical devices, networks, and supply chains by leveraging massive data analysis to provide transparency to device manufacturers and their customers – enabling them to understand and mitigate their risks before they are compromised. The platform brings transparency and visibility to the supply chains that create connected devices and embedded systems.

The Finite State platform automatically analyzes each device, allowing users to identify risk across a comprehensive matrix of factors. Once device firmware is uploaded to the platform, users gain access to an overall risk score, a robust Software Bill of Materials (SBOM), a list of existing threats and vulnerabilities, and a wide array of other factors that affect the security of the device. After unpacking and analyzing every file, configuration, and setting in a firmware build, the platform identifies known and zero-day vulnerabilities, shows a contextual risk score, and provides actionable insights that product teams can use to secure their software.

“Just like a car is assembled from parts, firmware is assembled from software components. Typically, 80-95% of these components come from third-party vendors or open source software. When one component has a security flaw, that flaw is baked into the finished product - oftentimes without the device manufacturer’s knowledge,” said Matt Wyckhouse, CEO of Finite State.

“Just like a car is assembled from parts, firmware is assembled from software components. Typically, 80-95% of these components come from third-party vendors or open source software. When one component has a security flaw, that flaw is baked into the finished product - oftentimes without the device manufacturer’s knowledge,” said Matt Wyckhouse, CEO of Finite State. “We’re providing a holistic approach to analyzing these devices, and the supply chain that underpins them, in a single SaaS solution which helps customers quickly identify, prioritize, and remediate product security risk. We are excited to be recognized by CyberSecurity Breakthrough as we continue to support our customers’ shifting security needs due to the rapidly increasing demands for connected device and product security.”

The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work, and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security, and many more. This year’s program attracted more than 4,000 nominations from over 20 different countries throughout the world.

“Embedded device firmware in the memory of connected devices performs many functions once controlled by physical systems. Because this firmware can impact the physical world much more than ordinary software, it’s beginning to attract cyber attackers who see firmware as a weak link to gain unauthorized access to critical systems and infrastructure,” said James Johnson, managing director, CyberSecurity Breakthrough. “Finite State delivers a ‘breakthrough’ solution to address this new cybersecurity challenge, helping companies extend their security program and scanning capabilities to cover the entire ecosystem of all critical, connected devices. Congratulations to the entire Finite State team on being our choice for our ‘IoT Device Security Solution of the Year’ award for 2021.”

About Finite State
Finite State empowers organizations to gain control of product security for their connected devices and supply chains. Backed by a team of seasoned cybersecurity experts, our automated, easy-to-use platform arms our customers with the actionable insights, critical vulnerability data, and remediation guidance necessary to mitigate product risk and protect the connected attack surface. Finite State delivers the deep analysis and visibility required for organizations to find and address security issues at every stage of the development lifecycle, for devices and embedded systems in industries from healthcare and utilities to automotive and manufacturing.

About CyberSecurity Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people. The CyberSecurity Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more.

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SOFTWARE AND TOOLS

Molex Explores the Potential of the Industrial Metaverse to Accelerate Next-Gen IoT Infrastructures in New Research Report and Webinar

Molex | November 03, 2022

Molex, a global electronics leader and connectivity innovator, today released a new report that examines the emerging world of the industrial metaverse and its impact on next-generation Internet of Things (IoT) infrastructures. To help companies prepare for what lies ahead, "Unleashing the Power of the Industrial Metaverse" offers pragmatic insights on the integration of physical and virtual technologies and processes to speed product-design cycles while improving production-line efficiencies and economics. "One of Molex's greatest assets is our engineering expertise, and the industrial metaverse will streamline everything from product development through commercialization and ultimately fulfillment, Modernizing IoT infrastructure to take full advantage of the metaverse is a strategic business imperative that will result in deeper, more productive customer experiences and richer data insights today and well into the future." Mike Giresi, Chief Digital Officer, Molex Industrial Metaverse as Productivity Force Multiplier Molex and Arrow commissioned the development of this report to offer perspective on how the industrial metaverse will transform manufacturing through increased adoption of Artificial Intelligence (AI), Augmented Reality/Virtual Reality (AR/VR), digital twins, Machine Learning (ML) and predictive analytics. These early enablers already are gaining traction in industrial settings to support manufacturing automation, process optimization, remote assistance, and training, as well as predictive maintenance. As these technologies and use cases establish a firm foothold, they will create momentum for consumer-focused applications by facilitating faster inflection points and quantum leaps in productivity. According to the report, a robust industrial metaverse will deliver unprecedented value, starting with the design and ideation phase of product development all the way through manufacturing, sales, service and maintenance. Immediate and Long-Lasting Impact on Next-Gen IoT The industrial metaverse also will have a major impact on next-gen IoT infrastructure while creating new opportunities and challenges for today's engineers. As such, engineers are uniquely positioned to be among the first group to tap the full potential of the industrial metaverse. To that end, the report addresses five functional pillars, including speed and bandwidth, signal integrity, form factor, power consumption and electromagnetic interference (EMI). In addition, the report offers guidelines for how companies can get started, as well as advice on integrating core capabilities throughout their internal and external business processes while ensuring secure connectivity and seamless data analysis. Molex and Arrow Sponsor Industrial Metaverse Webinar The webinar "Unlocking the Potential of the Industrial Metaverse" will be held on December 6, 2022, at 9AM PT/12PM ET Expert panelists will discuss how the industrial metaverse is transforming manufacturing and what to do to prepare for the next wave in digital transformation: Samantha G. Wolfe, Founder of PitchFWD, an emerging tech consultancy, adjunct professor at NYU's Steinhardt School and co-author of "Metaversed" Mark Schuerman, Senior Business Development Manager, Molex and industrial automation expert Rob Meyer, Digital Engineering Manager, Arrow and lead technical consultant for e-commerce operations Click here to register for the webinar Molex Reinforce Industrial Automation Expertise at SPS'22 Molex also will be joining other industrial automation leaders at SPS 2022 in Nuremberg, Germany, November 8-10, Hall 10.0, #110 Visit Molex to learn how the company is optimizing the power of Industry 4.0 technologies and delivering the latest Ethernet capabilities About Molex Molex is a global electronics leader committed to making the world a better, more-connected place. With presence in more than 40 countries, Molex enables transformative technology innovation in the automotive, data center, industrial automation, healthcare, 5G, cloud and consumer device industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life.

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ENTERPRISE IOT

Exeger and Atmosic Technologies Partner to Create Energy Harvesting Solutions for the IoT Sector

Atmosic Technologies | September 14, 2022

Exeger, the Swedish deep tech company today announces its partnership with US-based semiconductor company Atmosic Technologies. The partnership will enable companies to create attractive energy harvesting solutions for the Internet of Things (IoT) sector. Both Exeger and Atmosic develop components within the field of energy harvesting. Stockholm-headquartered Exeger is the inventor and manufacturer of the groundbreaking Powerfoyle® solar cell technology that converts all forms of light into clean, endless energy. Exeger’s photovoltaic cells can be produced in any shape and size, which will help drive the adoption of light-powered products in the next generation of connected consumer and industrial devices. California-headquartered Atmosic Technologies develops innovative energy harvesting wireless System-on-Chips (SoCs) and IoT modules with ultra-low power features that include an integrated boost converter and sophisticated power management technologies to optimally control, store, and distribute available power. Following Exeger’s announcement last year of the Powerfoyle Indoor platform, which has been optimized for low light levels, Atmosic and Exeger’s collaboration makes it easy for manufacturers to develop devices with significantly extended or even endless battery life when utilizing Powerfoyle. Atmosic’s low-power wireless chipsets and Exeger’s solar cells create attractive solutions for low-power standards-driven IoT devices such as Bluetooth® remote controls, sensors, beacons, and keyboards. The combined technologies work especially well for devices in a variety of applications from the smart home to enterprise, healthcare, and industrial environments. “Atmosic’s extremely low-power solutions, combined with our Powerfoyle solar cell technology, will help reduce – and in many cases eliminate – the use of disposable batteries for IoT devices, This opens up a huge opportunity in the 400 billion USD IoT market which will greatly accelerate its transition to clean endless energy.” Giovanni Fili, CEO and Founder of Exeger “Our partnership with Exeger enables our customers to create innovative IoT products that operate reliably and robustly even without a battery and in the lowest of lighting conditions,” said David Su, CEO at Atmosic. “Our combined solutions will help reduce the need for costly battery replacement and maintenance of IoT deployments, fueling a more sustainable IoT in the future.” About Exeger Exeger is a Swedish company with a unique solar cell technology that converts all forms of light into electrical energy. This material, Powerfoyle, is the world’s only fully customizable solar cell. With its superior design properties, it can be integrated seamlessly into any electronic device. Powerfoyle enhances every product it is integrated into with extended or even unlimited battery life, putting the power of cutting-edge solar cell technology directly in the hands of people. Exeger is leading the way to energy independence through more sustainable and user-friendly products – with the vision to touch the lives of a billion people by 2030. About Atmosic Technologies Atmosic™ Technologies is an innovative fabless semiconductor company, designing ultra-low power wireless and energy harvesting solutions to dramatically reduce and disrupt device dependency on batteries, aiming to deliver forever battery life and the battery free connected Internet of Things. The company’s products enable the IoT device ecosystem—designers and manufacturers, as well as end users and those responsible for deployments—to dramatically lower costs and efforts associated with maintaining the growing Internet of Things in Personal, Home, Auto, Healthcare, Industrial, Enterprise and Smart Cities segments. In addition to these tangible business advantages, Atmosic aims to reduce ecological impacts with its vision of dramatically reduced battery consumption in the Internet of Things.

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ENTERPRISE IOT

Connecting Industry and Talent at Alberta IoT Demo Day

Alberta IoT | November 21, 2022

Alberta IoT seeks to support industry in several ways, including building talent within the province. Through roundtable discussions, industry partners of Alberta IoT identified a need for: More opportunities to meet with student talent; and Educating students on opportunities for technology related careers across different industry sectors In response to these industry needs, Alberta IoT has launched the Demo Day initiative with support from Calgary Economic Development and SAIT School for Advanced Digital Technology. Demo Day seeks to showcase the impact and opportunity technology has across various industry sectors with a focus on traditional industries such as construction or telecommunication. The event is open to industry as well as students at SAIT to explore the technologies leading to impactful transformation in these more traditional sectors. “Alberta IoT’s Demo Day at SAIT is an excellent opportunity for students to gain insight into the range of careers available in Alberta’s emerging technology market and to connect industry with their future talent pool. As we continue to experience significant growth in the tech sector, working closely with industry partners to create work-integrated learning opportunities will further prepare students for successful careers.” - Dr. Raynie Wood, Dean of SAIT's School for Advanced Digital Technology. By bringing together 20 industry exhibitors, students can expect an immersive experience in the heart of the SAIT main campus to explore career opportunities and technology applications that they may not have previously considered. “Our goal as an Association really is to be a connector. The Demo Day event on November 23 is about connecting industry to talent, and to one another, while educating all participants on the impact emerging technologies are having across various sectors,” Brenda Beckedorf, Executive Director of Alberta IoT Association. ABOUT ALBERTA IOT Alberta IoT is a non-profit, member based association that exists to nurture and support the growth of Alberta’s Internet of Things and emerging technology sectors. Our mission is to position Alberta as the worldwide leader in IoT and emerging technology. ABOUT SAIT SADT The School for Advanced Digital Technology (SADT) is committed to preparing our students to thrive in the borderless, global economy. We offer an exciting range of media and technology programs built on a foundation of applied, technology-immersed experiences and enhanced with work-integrated learning opportunities. Sait.ca ABOUT CALGARY ECONOMIC DEVELOPMENT Calgary Economic Development is an opportunity-maker, helping to spark Calgary’s economic growth and diversification. Our job is to connect people with resources to help them grow their careers or businesses, thrive in new locations or markets, and feel at home in our welcoming and inclusive community. We offer a wealth of information to help everyone succeed and we tirelessly promote Calgary, in Canada and around the world. We’re exhilarated about our role in shaping and sharing Calgary’s story.

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DEVICES

Road Ready Introduces Fus1on, their Next-Gen Cloud-based IoT Connectivity Platform

Road Ready | November 01, 2022

Road Ready has unveiled its next-generation connectivity platform, Fus1on, a true IoT solution, optimized for cloud computing, that provides the ability to scale delivery of tailored fleet data solutions to commercial transportation customers. Fus1on by Road Ready was unveiled Monday at a press event at the 2022 ATA Management Conference and Exhibition in San Diego and will serve as the new foundation for Road Ready connectivity solutions as the brand thinks beyond smart trailers and toward smart fleets — then to its ultimate goal — solutions that bring total visibility into the supply chain. “We set out nearly two years ago with a bold vision — to lead the way with breakthrough connected technologies that bring total visibility to the entire supply chain,” said Nada Jiddou, Executive Vice President of Clarience Technologies and General Manager of Road Ready. “The Fus1on platform is a significant leap forward in advancing that vision as we seek to help customers harness the power of the possible.” Road Ready is owned by Michigan-based Clarience Technologies, a global transportation technology provider whose team of companies include several well-respected names that serve commercial transportation — including Truck-Lite® advanced LED lighting, DAVCO® diesel filtration, ECCO® safety lighting and warning systems and Pressure Systems International® tire pressure monitoring and automatic tire inflation systems. Imagining a More Seamless Fleet Experience With technology changing transportation at an accelerating rate, Road Ready set out to create a product that would not only serve customers today but will also continue to serve them as the fundamentals of the transportation industry change with time. To determine the product requirements needed to support this change, the Road Ready team focused on its target customer — the fleet manager — considering all aspects of that person’s typical day. From there, the task was simply to imagine the power of the possible. “Although most fleet managers will tell you there is no typical day in the job, the pressures they face are striking, From the moment they wake up in the morning, the nature of their business requires them to continue to prioritize and reprioritize their day to complete what’s important — urgent priorities impacting today, operational priorities impacting performance this month, and strategic priorities impacting whether or not the company outperforms competitors long term.” Mark Johnson, Clarience Technologies Executive Vice President and Chief Marketing Officer With this insight in mind, Road Ready imagined a scenario where a typical fleet manager relied on a single source of data that could be analyzed and acted upon in different ways throughout the day, from a critical item checklist that prioritizes overnight issues that would be reviewed at home, to a comprehensive fleet performance dashboard that could be shared in real time with the entire fleet operations team to drive key performance indicators. Every scenario included a “single pane of glass” approach showing trailers, tractors, drivers, and all other fleet information in one place. Building a Foundation to Better Serve Customers With a clear, customer-focused vision, Road Ready defined the product requirements of the Fus1on platform. To integrate data more easily from a growing number of data sources, Road Ready Fus1on is built as a true IoT platform. The platform is designed to accept and integrate API feeds — a standardized approach that allows disparate apps to exchange data between one another at scale — without the extensive programming time required with custom integration. Fus1on is built to be able to accept an infinite number of APIs, each of which run queries for specific data requested by the Fus1on platform, which helps Fus1ion quickly request, process and display data from multiple sources. Additionally, Fus1on is purpose-built for cloud computing. For the platform, Road Ready partnered with Amazon Web Services (AWS), leveraging a proven cloud computing system that offers significant built-in features — including leading data security protocols as well as artificial intelligence and robotic process automation functions that will ultimately make Fus1on a safer, more reliable and more advanced connectivity platform. A Giant Step Toward a Better Customer Experience The technical architecture of the Fus1on platform only matters for one reason — to deliver a better product to customers. Road Ready wanted to ensure this is not only true at launch, but that the platform will continue to provide a better customer experience over time. Initially, Fus1on will be introduced as a replacement platform for the current Road Ready and Fleetilla platforms. Soon after launch, Road Ready plans to integrate increased functionality into the platform, including the ability for fleets to see the data from all their assets — trailers, tractors, trucks, containers, and other equipment — all on a single fleet dashboard. Fus1on will also enable near-complete customization opportunities, including the ability to incorporate any data feed they deem necessary, from electronic logging devices (ELDs) to repair service platforms to even enterprise resource planning (ERP) system data. Ultimately, Road Ready remains steadfast in its pursuit of total supply chain visibility. While that milestone remains on the horizon, the power of the Fus1on platform to rapidly integrate data being generated by the entire supply chain puts the brand one step closer. “Achieving total supply chain visibility is not impossible — it will happen in the near future,” said Jiddou. “When that day arrives, we will attribute the development of this platform as the major inflection point — giving our entire industry the ability to harness the power of the possible.” About Road Ready Road Ready, a Clarience Technologies brand, is a vertically integrated advanced telematics and smart fleet solutions SaaS provider headquartered in Southfield, Michigan. Road Ready offers custom telematics solutions to help fleets manage, optimize, and maximize their assets. Coupled with an expansive network of premier integration partners, customers can do more through a single interface, Road Ready continues to implement groundbreaking research and development to make impactful contributions to the transportation industry. About Clarience Technologies Clarience Technologies is a global transportation technology solutions provider serving vehicle manufacturers, aftermarket retailers, commercial fleets and consumers worldwide. Founded in 2020 and based in Southfield, Michigan, the company’s mission is to bring total visibility to transportation by delivering the technologies that keep the world moving forward—made possible by the nearly 3,000 employees who are guided by the company’s CLEAR Principles: Curiosity, Leadership, Enthusiasm, Accountability and Respect. The Clarience Technologies team of companies include Truck-Lite (1955), Road Ready (2017), ECCO Safety Systems (1977), Code 3 (1974), RIGID Industries (2001), Lumitec (2007), DAVCO (1976), LED Autolamps (2002), Pressure Systems International (1993) and Fleetilla (2000). Its track record of meaningful innovation is represented best by its breakthrough innovations over the years that have accelerated progress in transportation.

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