WISeKey Becomes Member of IBM’s PartnerWorld integrating Watson to its unique Trusted IoT Platform
ZUG, Switzerland – September 26, 2017 – WISeKey International Holding Ltd (SIX: WIHN), a provider of Cybersecurity and IoT solutions, has been selected to become a member of IBM PartnerWorld. This initiative synergizes partnerships domestically and around the world, and makes WISeKey’s technology and services available to a much broader audience.
PartnerWorld, IBM’s worldwide marketing and enablement program, is designed to create new revenue and market opportunities for IBM and IBM Business Partners by offering its members sales, marketing, technical, training and collaboration benefits designed to help grow businesses and drive increased profits.
The award-winning PartnerWorld program provides its members with resources to help clients thrive in the digital era, and is tailored to the needs of each member. This cooperation will allow WISeKey to resolve complicated cybersecurity and IoT environments burdened by exponential volumes of data, threats and IoT growth.
WISeKey proposes a vertical cybersecurity platform, its “Trusted IoT Platform,” which secures the life cycle of connected devices, from the hardware security and “Root of Trust” to Blockchain and Artificial Intelligence to process the data generated by the IoT network. WISeKey also offers a range of contact and contactless secure micro-controllers that protect the digital identity of the connected devices. Designed to meet the most stringent security requirements, many of these products are EAL5+ Common Criteria security-certified.
Through its integration with IBM Watson, WISeKey aims to enhance the security of the data exchanged with IoT devices. WISeKey will leverage a digital identity that the device can use to authenticate itself in the IoT network, using a dual-factor authentication at the device level, and to encrypt the communications. Currently, most IoT devices are not built with embedded secure systems, which makes these devices vulnerable to exploitation. By integrating the WISeKey identity and secure chip into the IoT hardware and platform, objects connected to the Vertical Platform can develop their own cybersecurity behavior and make smarter and safer decisions.
Objects secured with these IoT chips produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens. Imagine an intelligent car with a system processing authenticated data for each of the vehicle’s components, being able to predict when its parts will require maintenance and to digitally sign all the logs required to prove that service was provided. This platform can be used in multiple industrial applications, allowing for optimized productivity across industries through predictive maintenance on equipment and machinery, creating truly smart homes with connected appliances, and providing critical communication between devices including self-driving cars and smart homes.
The possibilities that IoT brings to the table are endless. WISeKey’s technology creates a platform that helps connected devices to become intelligent devices that can learn from attacks, defend themselves, and transfer this intelligence to other devices in the network.
As a benefit of the IBM Watson cloud service, WISeKey’s technology becomes available to smaller IoT manufacturers that do not have the resources or expertise to perform thorough security analysis of their products. With the ability to adopt this platform, these manufacturers can reduce the number of unprotected products that are released to consumers.
This new partnership with IBM opens up many possibilities for improving the overall security functionalities and creating new business processes by taking advantage of the world of digital identification at the object level, which once combined with Big Data and AI allows us to gather and process all available information and generate actionable insights.
WISeKey (SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying via a Virtual Platform large scale digital identity ecosystems. WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) and IoT Microchips provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.
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Press and investor contacts:
| WISeKey International Holding Ltd
Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
| WISeKey Investor Relations (US)
Contact: Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
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