DXC Technology Teams with Blockchain Specialist IOTA at Hannover-Messe- Industrie — Making Industry 4.0 Safe
Pressemitteilung -- April 19, 2018
Böblingen, 19 April 2018 — DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company, today announced that it will do a live presentation of secure Industry 4.0 services together with blockchain specialist IOTA at Hannover-Messe-Industrie, the leading trade show for industrial technology.
The live demo by DXC Technology, together with Berlin-based IOTA, will present practical solutions using blockchain technology integral for secure digital transformation services. Martin Rainer, manufacturing industry leader, DXC Technology North and Central Europe, noted that this presentation will show that digital security has become a reality and is no longer a future vision from the research library.
“According to survey results of the DXC study on digital transformation in Germany, 67 percent of industrial managers in Germany expect smart factory networks to create new security risks that they cannot manage with their own expertise,” said Rainer. “At the same time, preventing digital security risks ranks as top priority for three-quarters of companies. Yet, most companies don’t know how to professionally secure the new Industry 4.0 networks.”
DXC Technology’s partner IOTA, with its distributed ledger technology, provides a security technology for mass data processing. This secure technology enables advanced Industry 4.0 networking with sensors and allows for the outcome of big data streams to be safely handled. Such a security solution is applicable to M2M communication, which is part of the new digital partner networks.
“The blockchain brings important advantages to vital areas of digital transformation. These include the decentralized structure and also the high inherent level of security, plus protection against manipulation,” said Dominik Schiener, IOTA co-founder. “Existing processes will be designed more efficiently and completely new business models will be developed.”
DXC’s expertise in information technology and know-how of production facilities makes it an ideal integration partner for IOTA’s blockchain technology. Digital networking with partner platforms, for example, requires secure processing of contractual relationships via smart contracts. Blockchain technology can make these programs safer — the code for smart contracts can be integrated into the blockchain and solidly store the contract history. Thus, the involved parties can automatically trigger payments and process them securely without intermediaries.
Blockchain technology offers great possibilities that are key for companies to overcome one of the main obstacles on their path to transformation: making the digital world safe and secure.
About DXC Technology
DXC Technology (DXC: NYSE) is the world’s leading independent, end-to-end IT services company, serving nearly 6,000 private and public-sector clients from a diverse array of industries across 70 countries. The company’s technology independence, global talent and extensive partner network deliver transformative digital offerings and solutions that help clients harness the power of innovation to thrive on change. DXC Technology is recognized among the best corporate citizens globally. For more information, visit www.dxc.technology.