The market potential for this technology is huge. The increasing spending by large enterprises and government organizations is driving the growth of the cybersecurity market. Additionally, the emergence of stringent regulatory compliances due to security concerns is expected to increase, impacting positively on market growth. The infrastructure protection market is also expected to grow at a significant pace over the projected frame due to the growing adoption of IoT devices and the increasing use of email & web- based applications. In 2017, Europe accounted for a share of over 20% in the global cybersecurity industry. The regional markets are expected to grow exponentially due to a rise in the number of government investments and public- private partnerships to enhance the cybersecurity infrastructure. Asia Pacific cyber security market is predicted to grow at a CAGR of 20% over the forecast timespan. Extensive digitalization across multiple industry verticals and the rising number of smartphone users are factors driving the growth of the cybersecurity in the region. Cuten technology is well positioned to address the gap in this growing market. The product and method of the intelligent security transceiver has been protected under Patent Cooperation Treaty (PCT). The innovation is ready for commercial deployment.
FlashEscape™ - AN INNOVATIVE ONE SIZE FITS ALL RACKING SYSTEM Arc flash incidents occur every day in around the world and these accidents result in injuries ranging from minor burns to permanent hearing and vision loss, to death. At least one death is attributed to Arc Flash daily worldwide. Many energy companies spend huge amount of money on medical claims due to these accidents. Presently Vacuum Circuit Breakers truck/carriages (VCBs) are manual rack-in and rack-out of service positions. Although these are equipped and protected with interlocking switches/devices from hazardous racking operation, malfunction of interlocking mechanism can result to catastrophic and life-threatening accidents due to arc flash explosion.
UNITEN has developed an innovative automated remote racking system that enables personnel to stand outside the arc flash boundary.
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Malaysian Technology Strategic Outlook 2019/2020 Intergration of High Technology
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