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Hyundai Motor and Kia’s Robotics LAB Announce Plans to Launch ‘X-ble Shoulder’ at Wearable Robot Tech Day

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Wearable robot ‘X-ble Shoulder’ to boost industrial efficiency and reduce musculoskeletal injuriesDesigned to assist overhead work by enhancing upper arm muscle strength, expected to find use in various industriesThe strong yet lightweight X-ble Shoulder enhances worker comfort by reducing shoulder load by 60% and muscle activity by 30%Hyundai Motor and Kia’s Robotics LAB announced commercialization plan for X-ble Shoulder, expected to begin deliveries in first half of 2025

SEOUL, South Korea, Nov. 27, 2024 /PRNewswire/ — Hyundai Motor Company and Kia Corporation have unveiled a reliable companion for industrial work, the wearable robot ‘X-ble Shoulder.’ This device, just by being worn, can increase workers’ efficiency and reduce musculoskeletal injuries. Two videos released on Hyundai Motor Group’s YouTube channel show the X-ble Shoulder in action, including product features and the development story.

Hyundai Motor and Kia unveiled the X-ble Shoulder at Wearable Robot Tech Day held at the Hyundai Motorstudio Goyang near Seoul. The X-ble brand — a combination of ‘X,’ symbolizing infinite potential, and ‘able,’ indicating that anything can be realized — heralds a new era in wearable technology.

The X-ble Shoulder, the first product in the X-ble line, is an industrial wearable robot developed by Hyundai Motor and Kia’s Robotics LAB. When used in ‘overhead work’ where the arm is raised, it can assist the user’s upper arm muscle strength and reduce the burden on the upper extremity musculoskeletal system.

The X-ble Shoulder will find use in various industries, including construction, shipbuilding, aviation and agriculture, not just automobiles. Following its domestic launch, the companies plan to gradually expand sales to overseas markets.

In addition to the X-ble Shoulder, Hyundai Motor and Kia plan to develop an industrial wearable robot ‘X-ble Waist’ to assist the waist when lifting heavy loads, and a medical wearable robot ‘X-ble MEX’ for the rehabilitation of the walking impaired.

“The X-ble Shoulder is a wearable robot that leverages the technical capabilities of the Robotics LAB and implements feedback from actual users,” said Dong Jin Hyun, Vice President and Head of Robotics LAB at Hyundai Motor and Kia. “Going forward, we aim to expand the availability of wearable robots, creating products that work naturally with users to enhance their daily lives. By pushing technological boundaries, we will make these beneficial products accessible to more people.”

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SOURCE Hyundai Motor Company; Kia Corporation

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ACT21 Software Achieves Great Place To Work Certification

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NOIDA, India, Nov. 28, 2024 /PRNewswire/ — ACT21, a leading SaaS company reshaping BFSI tech with low-code, and AI-driven solutions is proud to announce that it has been awarded the esteemed Great Place To Work® Certification by the Great Place To Work® India.

This significant recognition underscores ACT21’s commitment to fostering an exceptional workplace culture that prioritizes innovation, agility, transparency, and employee well-being. The Certification reflects the genuine experiences and feedback of our employees, showcasing their positive perspective on what it means to work at ACT21. Over 93% of employees whole-heartedly attested to ACT21 being a Great Place To Work.

ACT21 believes in maintaining a healthy work-life balance, which helps employees stay motivated and engaged while pushing the boundaries of innovation. Winning the ‘Great Place To Work’ underscores ACT21’s ongoing commitment to building a supportive, inclusive, and growth-oriented culture. 

Pankaj Gupta, Founder and CEO of ACT21 Software, shared his thoughts on this remarkable achievement, saying, “At ACT21, we truly believe that our people are our greatest asset. We prioritize work-life balance, encourage open communication, and celebrate innovation across all levels of the company. This recognition is a testament to our collective effort in creating a workplace that fosters creativity, productivity, and happiness. Our focus on employee satisfaction directly translates into the excellence we deliver to our clients.” 

Receiving the ‘Great Place To Work’ Certification reinforces ACT21’s mission to lead by example in both workplace culture and industry innovation, ensuring that the company continues to excel in both employee satisfaction and client service. 

About ACT21 Software 

ACT21 Software, headquartered in Noida, NCR, India, is a leading SaaS company reshaping BFSI tech with low-code, and AI-driven solutions. We empower financial institutions worldwide with comprehensive Business Process Automation to enhance efficiency, streamline operations, and drive data-driven insights, all while minimizing human intervention. 

Our suite of innovative products includes HyPerform, which optimizes incentives and increases sales by 30% through features like DIY capabilities and real-time analytics; Underwriter360, which enhances traceability and borrower experiences with smart automation, achieving a 5x conversion rate increase; and ImpaktApps, which facilitates rapid application development by converting ideas into impactful applications while cutting development costs by 50%. With a strong focus on improving productivity, reducing costs, and driving data-driven insights, ACT21 Software is dedicated to helping financial institutions thrive in an evolving technological landscape. 

Our commitment to excellence and innovation positions us as the partner of choice for organizations seeking to optimize their processes and embrace the future of finance technology. 

For more information, visit www.act21.io

About Great Place To Work

Great Place To Work is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions.   

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Global Times: Dialogue across Yangtze, Rhine, Danube bridges mutual learning between China and Europe

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BEIJING, Nov. 27, 2024 /PRNewswire/ — When Chinese scholar Li Xiuzhen first saw the Rhine River while studying in the Netherlands in 1996, she was deeply impressed by the river’s crystal-clear waters, similar to that of China’s Yangtze River. Although Li had never seen the Rhine before, this famous European river made the then young woman, who later became a well-known expert in wetland ecology, feel so close.

Two years later, Dutch scholar Huib de Vriend encountered the Yangtze River for the first time in Nanjing, East China’s Jiangsu Province, during his trip to China in 1998. “It was so vast,” he recalled to the Global Times on his first impression of the river, known as the mother river of China, with its wide expanse of water stretching as far as the eye could see. 

At that time, neither Li nor de Vriend knew that their respective institutions – East China Normal University (ECNU) in Shanghai and Delft University of Technology (TU Delft) in western Netherlands’ Delft city – would engage in over 20 years of continuous collaboration focused on major rivers and delta regions like the Yangtze and the Rhine, being a vivid example of people-to-people exchange between China and Europe in the academic field.

Now old friends, Li and de Vriend met again at an academic forum in mid-November. Themed “Yangtze-Rhine-Danube Regional Dialogue,” the forum brought together more than 100 global government officials, scholars and industry veterans, who shared their insights on topics including river improvement, environmental protection, the relationship between rivers and human society, and grass-roots exchanges based on rivers and deltas.

Dialogues on rivers from different regions is of great significance today, said Li, now deputy director of the Institute of Estuarine and Coastal Research at ECNU. 

“Rivers nurture civilization and promote communication, diminishing the constraints of geopolitics,” she told the Global Times. “Our academic exchanges based on rivers are an important part of grass-roots diplomacy.”

Similarities and differences 

Co-hosted by ECNU and Shanghai People’s Association for Friendship with Foreign Countries (SPAFFC), the forum held in Shanghai on November 21 explored the cultural exchanges and sustainable development cooperation mechanisms among the Yangtze River, Rhine River, and Danube River basins, promoting win-win development and fostering ChinaEurope friendship, said Chen Jing, president of SPAFFC. 

Many guests at the forum told the Global Times that there are numerous similarities and differences among these three rivers. It is these similarities and differences that provide value for mutual learning and motivation for cooperation among the involved countries, they said.

As a keynote speaker who provided a detailed introduction to the situation of the rivers Rhine, Meuse and Scheldt and their delta, de Vriend said the most obvious similarity between the Yangtze River and the Rhine River is that they are economic chains connecting particularly important economic areas. “Here in China is the case; and also, northwest Europe is the most important economic area there, thanks to the Rhine,” he said. 

Another major similarity is that both the Yangtze River and the Rhine River carry a lot of sediment, which can be used to build up land or to ensure that the river remains stable, de Vriend said. “So there are a lot of things in common between these rivers, but there are also differences,” he told the Global Times, noting that “differences are driving the collaboration.”

The flow rate and number of dams on the Yangtze River far exceed those of the Rhine, making mutual learning particularly appealing, he said. “It’s not only that we bring knowledge here, but we also get something back.”

Echoing de Vriend, Li said that academic cooperation between China and Europe in the field of rivers is a process of mutual learning. She said the Netherlands is ahead of China in its pollution remediation of the Rhine River, and its efforts in returning farmland to wetlands, which have offered many valuable experiences to learn from.

On the other hand, China is enlightening in its efficient implementation of certain central government-led policies, such as the 10-year fishing ban on the Yangtze River. “Similar policies would be very difficult to implement in Europe, due to the competing interests among different river basin countries,” he said.

Iulian Nichersu from Romania-based Danue Delta National Institute for Research and Development, another keynote speaker at the forum, said this was his first visit to China. He plans to visit the Yangtze River Delta, a part which is a UNESCO (United Nations Educational, Scientific and Cultural Organization) listed heritage.

Speaking of the possible areas for enhanced cooperation between China and Romania in the study of rivers, Nichersu highlighted nature preservation and wetland management as key areas for deeper collaboration. He mentioned that there have been some cooperative programs for ecological restoration between Chinese and Romanian institutions, which are important aspects of wetland management.

“They can serve as a way for information and knowledge exchange between these two systems,” he told the Global Times.

Long-term academic cooperation

The forum was held as part of a series of international meetings under the “Mega-Delta Programme.” The program was one of the inaugural 65 Decade Actions endorsed by the “United Nations Decade of Ocean Science for Sustainable Development (2021-2030),” making Chinese mainland’s sole inclusion.

Initiated by the State Key Laboratory of Estuarine and Coastal Research at ECNU, the “Mega-Delta Programme” aims to address distinctive challenges encountered by estuarine deltas across varied regions, typologies, and developmental stages amid global transformations. He Qing, director of the laboratory, believes that the fact that the program was selected demonstrates the essential role of rivers in facilitating cultural exchange.

“The development of human civilization is closely linked to rivers. Historically, the four major cradles of civilization all emerged around great rivers,” she told the Global Times. 

“Moreover, this program embodies the idea that, the UN needs scientists like us to take on a social responsibility to jointly preserve and protect our river ecosystems and civilizations,” she added.

In 2023, ECNU and SPAFFC co-hosted the Yangtze-Mississippi Regional Forum, focusing on dialogue between the two major rivers of China and the US. He said they plan to regularly hold such similar academic forums, which will include more of the world’s great rivers, such as the Mekong and the Amazon, to further promote dialogue and cooperation among more regions globally.

Over the past few decades, Chinese scholars have maintained close exchanges with their global peers in the field of river studies under supported of the government. The cooperation between ECNU and TU Delft, for instance, has involved long-term collaborative projects since 2002, under a strategic cooperation framework signed by the Chinese and Dutch governments, according to He.

With the help of these collaborative projects, many ECNU faculty and students in river studies have traveled to the Netherlands multiple times over the two decades, either for short visits or to pursue an 18-month graduate program at TU Delft. “As for myself, I’ve been to the Netherlands at least 30 times in the past 20 years, and I even know well the cashiers at the supermarket near TU Delft,” He said.

De Vriend is a frequent visitor at Institute of Estuarine and Coastal Research of ECNU. In addition to teaching, he supervises some doctoral students and occasionally offers management advice.

Close academic exchanges are especially valuable in the current complex international landscape. De Vriend mentioned that now in his country, there sometimes may be “a bit of stress” regarding collaboration with China. “But I think in our field, there’s no reason to have stress, and we can be relaxed about exchanging information and insights,” he told the Global Times.

Broader exchanges

2025 will mark the 50th anniversary of diplomatic relations between China and the European Union (EU).

“As two major global powers, markets, and civilizations, the China-EU relationship is vital for the well-being of both sides and for global stability and prosperity,” said Hao Zhongwei, director-general of Department of European and Asian Affairs of the Chinese People’s Association for Friendship with Foreign Countries (CPAFFC), in a speech delivered at the forum’s opening ceremony on November 21.

In addition to academic exchanges, the forum also featured a panel discussion on the broader topic of “Mechanisms of Collaboration between River Basins.” During this session, representatives from various governments, companies, and civil friendship organizations shared their views on how to further expand people-to-people exchanges between China and Europe in various fields.

Nagy Judit Éva, president of Hungarian-Chinese Friendship Association, was a guest at this session. She mentioned that this year marks the 75th anniversary of diplomatic relations between Hungary and China, and both countries have organized a series of activities, from government to grass-roots levels, to enhance mutual understanding and friendship. “Chinese culture is getting closer to Hungarian people, and in Hungary, learning the Chinese language is getting more and more popular.” she told the Global Times.

Luoding Lammel-Rath, chairperson of the German-Chinese Friendship Association, shared her observations on cooperation between China and Europe regarding rivers during this session, covering areas such as trade, navigation, flood warning, environmental and climate protection, as well as cultural and tourism exchanges.

Before the forum began, Lammel-Rath shared in a brief interview with the Global Times about a German festival called Mainfest. Mainfest is a celebration held in riverside cities like Frankfurt, originally derived from a fishing festival created by fishermen and captains to pay tribute to the rivers. Like China’s Dragon Boat Festival, it is a traditional holiday related to rivers.

Germany and China, as well as their peoples, are very similar, both hard-working and diligent, said Lammel-Rath. “Rivers provide a great opportunity for both sides to learn about each other,” she said. “Under this theme, there will be more development around people-to-people diplomatic relationships. That’s the future.” 

https://www.globaltimes.cn/page/202411/1323923.shtml

 

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SOURCE Global Times

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Team T5 Applauded by Frost & Sullivan for Deeply and Effectively Monitoring Regional Adversaries and Incidents

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With offices in Taiwan and Japan, TeamT5 provides in-depth localized threat intelligence, especially for organizations targeted by Chinese adversaries.

SAN ANTONIO, Nov. 28, 2024 /PRNewswire/ — Frost & Sullivan recently assessed the threat intelligence industry and, based on its findings, recognizes TeamT5 with the 2024 Taiwanese Company of the Year Award. This is the second time TeamT5 has received this award, having previously won it in 2023. The company leverages cybersecurity skills in-country to provide clients with cyber threat intelligence reports and anti-ransomware solutions. The insights gathered by TeamT5 are significant for regional organizations that are often targeted with Advanced Persistent Threat (APT) and malware by near neighbors. TeamT5, with its native Chinese-speaking analysts, can effectively understand the threat landscape and provide insights localized for countries and companies that face these threats daily. This ability is especially important in TeamT5’s home country of Taiwan, where attacks originating in China are the most common occurrence. TeamT5’s ThreatVision integrates with other solutions, such as ThreatQuotient’s ThreatQ, with an application programming interface (API) to enable organizations to customize how the solution is integrated into their workflows. This flexibility enables organizations to use ThreatVision to support their efficient workflows.

TeamT5 also provides a clear and intuitive information layout on the dashboard and comprehensive reports at various intervals, in addition to adding small touches that enhance the user experience, such as unique badge icons for each adversary group. The ThreatVision dashboard provides localized intelligence for ten regions, six industries, and seven countries. TeamT5 is actively adding localized dashboards, with the latest additional geographies being Thailand, Singapore, and Australia and the latest additional industries being media and military. The ThreatVision platform also caters to clients who have limited time, as TeamT5 provides downloadable indicators of compromise (IoC) for each report.  Users can integrate IoCs with their security information and event management (SIEM), firewall, or other relevant tool even if they do not have time to examine the reports thoroughly.  This flexibility and understanding of varying customer needs make TeamT5 an exceptional threat intelligence partner.

Georgia Edell, consultant for Frost & Sullivan, observed, “TeamT5 regularly updates clients on 32 identified Chinese adversaries, as well as North Korean, Vietnamese, and other adversaries in the region. This proactive approach to localized threat intel makes TeamT5 especially attractive for organizations, such as those in Taiwan, that are targeted by regional actors.”

TeamT5 has multiple report types to provide customers the most relevant information at the right time. APT reports arrive twice a week, monthly, and quarterly with the most up-to-date news on adversaries. The Cyber Affairs report provides bi-weekly updates on Chinese affairs, while two other bi-weekly reports offer updates on patch management and vulnerabilities. Beyond receiving extensive and localized reports and dashboards, customers can obtain even more information through automatic analysis and assistance hours using TeamT5’s ThreatVision credit system. Users can upload samples to check for malicious content and request additional details in exchange for automatic analysis points, while further information can be obtained using assistance hours. This system allows organizations to manage their expenditures based on their resources and the depth of analysis required. Additionally, TeamT5 is focused on recognizing customers’ current and future requirements. For example, while some reports are already available in Japanese and Chinese, the company is working on adding more Japanese-language content.

“TeamT5 excels in its ability to provide regular updates on regional adversaries, especially from China, which is the largest threat source for Taiwan. Users can be highly flexible in how they integrate and utilize the service, mitigating unnecessary spending while receiving the most useful insights for analysts. By continually innovating and considering customer feedback, TeamT5 is an attractive partner for many organizations,” added Edell. With its strong overall performance, TeamT5 earns Frost & Sullivan’s 2024 Taiwanese Company of the Year Award in the threat intelligence industry.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

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:
Tarini Singh
E: Tarini.Singh@frost.com

About TeamT5

TeamT5 consists of top cyber threat analysts. Leveraging our geographic and cultural advantages, we have the best understanding of cyber attackers in Asia Pacific. TeamT5 is frequently invited to share insights at top cybersecurity conferences. Our threat intelligence research expertise and solutions are recognized as the 2023-2024 Company of the Year Award in Taiwanese Threat Intelligence by Frost & Sullivan. Our endpoint detection and response solution is awarded Golden Award from COMPUTEX – Best Choice Award.     

Based on our research in malware & Advanced Persistent Threat (APT), we provide cyber threat intelligence reports and anti-ransomware solutions to clients in the USA, Japan, and Taiwan. Clients include government agencies, financial business, and high-tech enterprises.

Contact:
Chery Lin
E: pr@teamt5.org 

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