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ASTRI’s Innovative Smart Mobility Technologies Shine at Autumn Electronics Fair

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HONG KONG, Oct. 14, 2024 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) is showcasing smart mobility technologies, including cutting-edge Cellular Vehicle-to-Everything (C-V2X) technologies aim at enhancing autonomous driving safety, at the 44th HKTDC Hong Kong Electronics Fair (Autumn Edition), running from 13-16 October at the Hong Kong Convention and Exhibition Centre (HKCEC).

The exhibition, drawing thousands of buyers and industry professionals from home and abroad, is one of the world’s premier electronics marketplaces, fostering industry exchange and collaboration.  Participation at this annual flagship event would help promote ASTRI’s connected autonomous vehicles technology, bringing homegrown innovation to the global arena, and reinforcing Hong Kong’s status as a leading international innovation and technology hub.

With smart mobility taking centre stage at this year’s Electronics Fair, ASTRI hosted a seminar today titled “Navigating Tomorrow: How Connected Autonomous Vehicles Reshape Industries”, where industry leaders shared insights into the future of autonomous driving, including market potential and associated challenges.

ASTRI’s Chief Operating Officer Ir Chris Chong said at the seminar that autonomous vehicle (AV) technology mitigates human error and driving misconduct, thereby enhancing road safety. He added that the city’s autonomous driving technology is progressing in tandem with global developments. In alignment with the government’s initiative to further advance driverless technologies, ASTRI plans several autonomous bus trial runs at different locations in Hong Kong next year.

Other seminar speakers include Mr Kenny Chan, Chief Director, Innovative Mind, ASTRI; Dr Weisong Wen, Assistant Professor, Department of Aeronautical and Aviation Engineering, and Team Member of Research Centre for Deep Space Explorations, The Hong Kong Polytechnic University; Mr Richard Lee, Functional Manager, CUHK Jockey Club Institute of Ageing and CUHK Institute of Health Equity; Ms Doris Leung, Founder and CEO, Diamond Cab (Hong Kong) Limited; Mr Jojo Xu, CEO and Co-founder, Libpet Tech Ltd; and Mr Falcon Chan, Partner, Strategy, Risk & Transactions, Deloitte China.

ASTRI’s booth is located at HKCEC’s Convention Hall Foyer [booth number: CH-J04], and the smart mobility technologies on display at the fair are:

1.    Smart Mobility Management Platform

ASTRI’s platform offers comprehensive fleet management, including vehicle status monitoring and dispatching. Seamlessly integrating connected and autonomous vehicles (CAV), it meets the evolving demands of future smart mobility. By combining V2X systems with traffic data from open sources and ASTRI’s own deployments, the platform leverages AI to provide real-time insights, transforming urban mobility. These insights facilitate informed and cautious decision-making, enhancing the safety of drivers, passengers, and pedestrians. 

2.    Pilot Project of Autonomous AIBus Operation on Public Road with Real Traffic

The pilot project funded by the Smart Traffic Fund is being trailled firstly on public roads in Hong Kong. Following the Code of Practice for Trial and Pilot Use of Autonomous Vehicles published on 1 March 2024. The West Kowloon Cultural District serves as the testbed, the total length of the route is tentatively scheduled to be approximately two kilometers. A road test with selected passengers is scheduled to be commenced in 2025, providing practical data for the future adoption of autonomous driving technology on public roads in Hong Kong.

3.    Privacy-Preserving Sensing System on Roadside Units (RSUs)

These systems collect environmental information while safeguarding personal privacy by processing data locally, without transmitting to cloud servers. This ensures real-time, low-power sensing capabilities, ideal for applications like smart home automation and robotics. This combination of data privacy and efficient sensing facilitates more secure and reliable technology integration into everyday life.

4.    Mid-Range and High-Precision Full-Dome Light Detection and Ranging (LiDAR) 

Utilising ASTRI-owned intellectual property, this LiDAR achieves high scanning accuracy at economical cost. Designed for medium-range, high-precision 3D sensing, it serves applications in building information modeling (BIM), security, intelligent logistics, and smart cities. The LiDAR enhances overall efficiency by generating detailed BIM models within seven minutes. Its integration with V2X technology advances smart mobility, detecting movements of road users in real-time, enhancing navigation capabilities of CAVs.

5.    Real-Time On-Train Intrusion Detection System  

This system, which is co-developed by MTR and ASTRI, offers real-time detection of unexpected objects within tunnels, using multi-sensing fusion technology. It identifies objects even in extremely low-light conditions, generating a 3D train envelope and providing instant alerts. This enhances railway safety and contributes valuable data for the development of Smart Railway.

Meanwhile, Dr Justin Chuang, Vice President, Communications Technologies, ASTRI spoke at the Symposium on Innovation & Technology, jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Hong Kong Electronics and Technologies Association, where he discussed the role of wireless communications technologies in promoting digital twins and related applications.

About ASTRI

Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’s competitiveness through applied research. ASTRI’s core R&D competence in various areas is grouped under five Technology Divisions: Advanced Electronic Components and Systems; Artificial Intelligence and Trust Technologies; Communications Technologies; Innovative Mind, and IoT Sensing and AI Technologies. It is applied across six core areas which are Smart City, Financial Technologies, New-Industrialisation and Intelligent Manufacturing, Digital Health, Application Specific Integrated Circuits and Metaverse.

Over the years, ASTRI has nurtured a pool of research, I&T talents and received numerous international awards for its pioneering innovations as well as outstanding business and community contributions. ASTRI has transferred more than 1,500 technologies to the industry and has been granted over 1,100 patents in the Mainland, the United States, and other countries. For further information, please visit www.astri.org

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SOURCE Hong Kong Applied Science and Technology Research Institute (ASTRI)

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Alcor Achieves Great Place to Work® Certification™ for Fourth Consecutive Year, Honored as Best Workplace for Women!

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SAN FRANCISCO, Oct. 14, 2024 /PRNewswire/ — Alcor Solutions, a leading global provider of cloud solutions and digital transformation services, is proud to announce that it has earned its fourth consecutive Great Place To Work® Certification™ across the US, Canada, and India regions. This certification reflects Alcor’s continuous pursuit of nurturing an empowering work environment that fosters people-centricity, mutual trust, open communication, innovation, and long-term financial stability. It also positions Alcor among the elite organizations where employees feel supported and rewarded for their outstanding work.

“Achieving this prestigious certification for the fourth consecutive year is a monumental milestone for us,” said Amit Singh, Chief Executive Officer at Alcor Solutions, Inc. “This global recognition is not just a testament to our commitment to excellence but a reflection of the dedication and passion of our incredible team. At Alcor, we believe that our people are our greatest asset. This certification underscores our ongoing efforts to create a culture of empowerment where every individual feels valued and inspired to innovate. Together, we will continue to push boundaries, embrace new challenges, and strive for excellence in everything we do.”

The Great Place To Work® Certification™ is a globally accepted “Employer of Choice” recognition that most organizations aspire to achieve. Recognized in over 170 countries and regions, this certification is awarded to companies that prioritize building a high-performance, high-trust culture with positive employee experiences. This research-backed verification also empowers organizations to recruit and retain top talent, elevate productivity, and gain valuable insights into their workplace culture.

“Alcor’s Great Place To Work achievement for four consecutive years across India, Canada, and India underscores our unwavering commitment to creating a positive and inclusive workplace culture. At Alcor, our core values of integrity, collaboration, responsiveness, and quality guide everything we do. These values, along with our exceptional employees and strong leadership, have been instrumental in our success. This recognition is a testament to the dedication and hard work of our global team. We remain committed to supporting our employees’ growth and well-being, and I look forward to continuing this journey together,” said Lisa Clinton, Sr. Director – HR/Operations, Alcor Solutions, Inc.

Alcor is also honored to be recognized as one of India’s Best Workplaces™ for Women in the Mid-Size Company category by the Great Place To Work India team. This recognition places Alcor among the top 100 organizations in India, chosen through a rigorous evaluation process. The company stands out for fostering an equitable culture where women have access to fair opportunities, play a key role in strategic decision-making, and thrive in a collaborative, merit-based environment. Alcor remains dedicated to shaping the future of work by empowering women to grow, lead, and succeed in their careers.

“Women are an integral part of our society, and the same holds true at Alcor. From showcasing exceptional caliber to contributing innovative ideas to excelling in leadership roles, women at Alcor have played a crucial role in driving our organization’s growth. Their positive feedback has affirmed Alcor as one of India’s Best Workplaces for Women. We remain committed to providing equal opportunities and support for women to thrive and succeed,” said Jyoti Chak, HR Manager at Alcor Solutions, Inc.

Alcor’s consistent recognition by the Great Place To Work® Institute across multiple regions emphasizes its global commitment to employee well-being and organizational excellence. The company remains dedicated to nurturing a workplace culture that champions diversity, equality, cutting-edge innovation, and collaborative success.

To know more about Alcor, please visit our website at www.alcortech.com or follow us on LinkedIn, Twitter, and Instagram.

About Alcor 

Founded in 2008, Alcor Solutions, Inc. is a global digital transformation services company serving Fortune 500, Government Agencies, and other leading organizations in multiple industry verticals across the US, Canada, Europe, Japan, and India regions.

Alcor is a ServiceNow® Elite partner and works with various innovative enterprise technologies to deliver solutions and services that help drive digital transformation for businesses. They advise leading businesses on cloud platforms, solution architecture, enterprise service management, and integrated IT service delivery. The company also provides business process consulting to capture, re-engineer, and improve processes that can easily be automated to deliver real value.

Media Contact:
Monisha Singh
information@alcortech.com

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SOURCE Alcor Solutions, Inc.

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SAFE Credit Union Now Offering Digital Gift Cards from National Retailers

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The move is the latest initiative by SAFE to provide members with top-notch digital banking experiences.

FOLSOM, Calif., Oct. 14, 2024 /PRNewswire-PRWeb/ — To provide an additional benefit to members, not-for-profit SAFE Credit Union now offers a rewards program with cash back from online gift cards purchased for national retailers the likes of Target and Amazon.

“Digital gift cards offer an extra level of purchasing power,” says SAFE Credit Union Chief Technology Officer Mike McCarthy.

SAFE is partnering with New York-based Fintech Prizeout to offer its new Gift Card+ rewards program. The completely digital experience – from purchasing, delivery, and card usage – allows members to easily earn cash back after purchasing digital gift cards for top national brands.

Gift Card+ gift cards can be purchased through SAFE Credit Union’s Online Banking or Mobile App in amounts ranging from $5 to $500 each, with each earning from 2 to 30 percent cash back.

“Our Gift Card+ program supports our promise to increase digital experiences and engagement with our members,” says SAFE Credit Union President and Chief Executive Officer Faye Nabhani. “Providing more ‘ease of use’ to upload these gift cards, and at a savings, for friends and family or to shop for everyday purchases is a prime example of how we are working to help our members build financial freedom.”

The rewards program also offers an opportunity for the credit union to share with its members and consumers the added convenience and security purchasing digital gift cards can often provide.

“Digital gift cards offer an extra level of purchasing power,” says SAFE Credit Union Chief Technology Officer Mike McCarthy. “They come directly into your email, and you can forward them to participants. No more losing a physical card in a drawer somewhere or having yet another piece of plastic to throw away.”

The digital gift cards are sent to SAFE members via email and can be easily opened in the SAFE Mobile App’s Gift Card+ tool, and in some cases can be uploaded into their personal digital wallets.

The cashback rewards can be deposited directly into a SAFE member’s checking or savings accounts or applied toward more gift cards.

A not-for-profit credit union, SAFE shares profits with its members through dividends and low interest loan rates and fees and provides financial education to communities within the 13 counties it serves.

About SAFE

SAFE Credit Union is a not-for-profit, state-chartered credit union in Northern California with over $4.6 billion in assets and more than 236,000 members. Insured by NCUA.

Media Contact

Robyn Eifertsen, SAFE Credit Union, 916-809-7002, robyn.slagle-eifertsen@safecu.org, safecu.org

View original content:https://www.prweb.com/releases/safe-credit-union-now-offering-digital-gift-cards-from-national-retailers-302274721.html

SOURCE SAFE Credit Union

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Netwrix Announces CEO Transition: Appointing Grady Summers as CEO

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FRISCO, Texas, Oct. 14, 2024 /PRNewswire/ — Netwrix, a leading cybersecurity provider of solutions that make securing data, identity and infrastructure easier, announced that Grady Summers has been appointed Chief Executive Officer (CEO) effective immediately. Summers succeeds Steve Dickson, who has successfully led the company through record growth during his six-year tenure.

Under Dickson’s leadership, Netwrix achieved significant growth and value creation. Since joining the Netwrix board in 2017 and becoming CEO in 2018, Dickson has expanded the portfolio organically and through twelve acquisitions from one to more than fifteen product families, leading to a 23x growth in annual recurring revenue (ARR). Under Dickson’s leadership, Netwrix expanded the number of organizations that use its products to more than 13,500. In addition, during Dickson’s tenure, Netwrix quadrupled its global headcount with personnel in more than 35 countries. Dickson also led Netwrix through two successful value-creation events. Dickson will remain on the board of directors while devoting his time to strategic investment opportunities.

“It’s been an honor to drive Netwrix’s business forward by hiring and working with a truly amazing and talented group of people. I’m pleased with the progress we have made in terms of expanding our portfolio to help our customers be more secure today than they were yesterday, by growing our commitment to our partners around the globe, and by focusing on future technologies that will be the answer for securing every organization’s sensitive data,” commented Dickson.

Grady Summers brings more than 25 years of product, technology, and business leadership experience to Netwrix. As the Executive Vice President of Products at SailPoint, he helped drive the company’s SaaS transformation, product line expansion, and rapid ARR growth. Before SailPoint, Summers held senior leadership roles at cybersecurity stalwart FireEye / Mandiant. He was previously a Principal at Ernst & Young and the Chief Information Security Officer at General Electric.

“I am thrilled to be joining Netwrix at such an exciting time in its journey,” said Summers. “Steve has done a phenomenal job growing Netwrix from a one-product cybersecurity business focused on audit and compliance into a vibrant and dynamic global provider of cybersecurity solutions. I look forward to building on his legacy and driving Netwrix to the next phase of growth and success.”

Dickson has worked closely with Summers to ensure a smooth transition and will continue to provide strategic guidance through his continued position on the Netwrix board of directors. The company remains committed to ensuring a brighter digital future for any organization with its innovative cybersecurity solutions.

About Netwrix

Netwrix champions cybersecurity to ensure a brighter digital future for any organization. Netwrix’s innovative solutions safeguard data, identities, and infrastructure reducing both the risk and impact of a breach for more than 13,500 organizations across 100+ countries. Netwrix empowers security professionals to face digital threats with confidence by enabling them to identify and protect sensitive data as well as to detect, respond to, and recover from attacks.

For more information, visit www.netwrix.com.

CONTACT:
Erin Jones
Avista PR for Netwrix
P: 704.664.2170
E: pr@netwrix.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/netwrix-announces-ceo-transition-appointing-grady-summers-as-ceo-302275291.html

SOURCE Netwrix

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