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eCloudvalley Wins Dual Sustainability Awards from TAISE

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Sustainable development with digital resilience is the core competency

HONG KONG, Dec. 10, 2024 /PRNewswire/ — eCloudvalley Digital Technology (6689), the leading digital transformation service provider, proudly announces the prestigious honor of receiving dual awards from Taiwan Institute for Sustainable Energy (TAISE) for its outstanding sustainability reporting and practices. The “Global Corporate Sustainability Award (GCSA) – Sustainability Reporting Award Bronze Class” and “Taiwan Corporate Sustainability Award (TCSA) – Sustainability Individual Performance-Information Security Leadership” were granted together to eCloudvalley for the first time this year. CEO of eCloudvalley, Linda Lin, personally attended the Global Corporate Sustainability Forum (GCSF) to receive the awards. Previously, eCloudvalley had also been awarded to “TCSA Gold Award for Sustainability Report” for three consecutive years, a testament to the company’s commitment to corporate sustainability. Moving forward, the Company will remain its initial commitment to continuously meet up its promises on sustainability.

Honored by benchmark awards, eCloudvalley fulfills its sustainability and social responsibility commitments

The Taiwan Institute for Sustainable Energy (TAISE) has been dedicated to promoting sustainable development in Taiwan in line with global standards. The Global Corporate Sustainability Award (GCSA) and the Taiwan Corporate Sustainability Award (TCSA) are the two key benchmarks. The “Sustainability Reporting Award” under GCSA had reached to its seventh year, judged by a panel of international experts from various perspectives, recognizing enterprises for the disclosure of sustainability information in comprehensive, transparent and credible manners. The award of “Information Security Leadership” by TCSA has been held for 17 years accumulated over 900 participants to encourage cybersecurity awareness and technical security capabilities within the corporations. This year in 2024, the award welcomed more than 1,700 professionals and judges. eCloudvalley had the honor to receive two awards in the same year, highlighting its outstanding performance in sustainable development and corporate social responsibility.

eCloudvalley values its employees, leads its future with sustainable development, and promotes high transparency and data-driven green initiatives

For all these years, eCloudvalley believes in data-driven philosophy, providing highly transparent information in sustainability. Since the early OTC (Over-The-Counter) period, the Company has regularly published annual sustainability reports, actively responding to the needs of stakeholders. We follow both domestic and international sustainability regulations and guidelines, integrating sustainability and climate change strategies into business operations. We lead the future development of the company by leveraging digital resilience and competitiveness in cloud services. Our core sustainability goals and focus are:

Organizational Development: Encourage innovation, create a flexible shared environment, and foster a friendly workplace atmosphere. The gender ratio of employees is close to 1:1, reflecting our diversity and equality.Human Rights Commitment: Issued a Human Rights Declaration, committing to equal pay for equal work, a healthy and safe work environment, freedom of association, harmonious labor relations, and the protection of personal data.Human Rights Due Diligence: Conducted a human rights risk assessment based on United Nations and international human rights initiatives, completing the first human rights due diligence investigation.Social Responsibility: Through volunteer clubs and various departments, promote cloud technology adoption, support vulnerable communities, engage in environmental protection, and actively create a positive social impact.Net-Zero Carbon Emissions: On World Environment Day this year, eCloudvalley officially announced its goal to achieve net-zero carbon emissions by 2050. Since 2022, the headquarters has utilized renewable energy in the offices, reaching a usage rate of 3.6% in 2023, with a commitment to increase by 10% in 2025.

eCloudvalley builds defense-grade cybersecurity, implementing a dual approach combines policy and technology

Cybersecurity resilience is a key for sustainable business operations, and also an important indicator for achieving ESG goals. Therefore, enterprises need to establish robust information security strategies to lay a solid foundation for the development of sustainability.

eCloudvalley Digital Technology, as a leading cloud service provider in Taiwan, strongly emphasizes on information security. Since 2017, the Company has obtained dual certifications of ISO 27001 and ISO 27017, demonstrating its high commitment to cybersecurity. Focusing on three main pillars – Organizational Policy, Facility and Physical Management, and Internal Communication and Continuous Management – eCloudvalley has appointed a Chief Information Security Officer, established the Information and Communication Security Committee, and implemented a comprehensive information security management plan. This plan covers network security, cybersecurity education, third-party monitoring, and employee security drills to ensure effective management of information security risks. The Company also regularly reports on the effectiveness of its cybersecurity policies.

In 2023, eCloudvalley achieved a significant cybersecurity performance, with no data breaches reported during the year and multiple third-party certifications received. To date, eCloudvalley has earned the AWS Managed Security Service Provider (AWS MSSP) certification (2023), the “Trusted Cloud Provider” certification from the Cloud Security Alliance (2023), and the “Cyber Essentials Mark” from the Cyber Security Agency of Singapore (CSA) (2024). Additionally, the Company’s rating by the third-party organization, SecurityScorecard, was upgraded to A grade, underscoring its strong commitment to cloud information security.

Moving forwards, eCloudvalley continues to drive sustainable development

eCloudvalley will continue to strengthen its core competencies, enhance overall corporate capabilities, and advance ESG goals toward sustainable operations. At the same time, we are actively assisting clients in tackling carbon emission challenges by promoting cloud adoptions as well as implementing our own vision of sustainable development. This effort shall support our clients in achieving their digital transformation and net-zero carbon reduction goals.

Download eCloudvalley 2023 ESG report here: https://www.ecloudvalley.com/esg-en/p/download 

About eCloudvalley 

eCloudvalley Digital Technology (6689), a digital transformation service provider, was founded in 2013 and is dedicated to offering enterprise-level cloud services. In 2017, eCloudvalley achieved the distinction of becoming the first AWS Premier Tier Services Partner in the Greater China. In 2019, it became an SAP Gold Sales Partner. In 2021, it was recognized as a Microsoft Licensing Solution Partner. Additionally, eCloudvalley is an Oracle Value Added Reseller (VAR). In 2022, Google Cloud was officially integrated into its public cloud services, providing a “one-stop multi-cloud service” to meet the needs of enterprise clients. eCloudvalley has also formed alliances with global leaders like SAP, a leader in ERP systems; Salesforce, a leader in customer relationship management; and Oracle, a leading enterprise software provider, to offer comprehensive cloud application services. eCloudvalley has established a global presence, with offices in Taiwan, China, Hong Kong, the Philippines, Singapore, the United States, Malaysia, Thailand, Indonesia, Vietnam, and Australia.

Learn about eCloudvalley services: https://www.ecloudvalley.com/en/

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SOURCE eCloudvalley Digital Technology Co., Ltd.

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Global AI Leader and Enterprise Transformation Visionary Zeya Ottomone Appointed Chief Executive Officer of Integrow

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Author of Empowered to Execute in the Agentic Era to Lead Next Generation of AI-Powered Enterprise Innovation

ATLANTA, July 24, 2026 /PRNewswire-PRWeb/ — Integrow announced the appointment of Zeya Ottomone as Chief Executive Officer, marking a significant milestone in the company’s evolution as it accelerates its vision to become a global leader in Agentic AI-powered enterprise software and business transformation.

Integrow announced the appointment of Zeya Ottomone as Chief Executive Officer, marking a significant milestone in the company’s evolution as it accelerates its vision to become a global leader in Agentic AI-powered enterprise software and business transformation.

With more than three decades of executive leadership spanning Fortune 500 enterprises, global technology organizations, and enterprise software innovation, Ottomone joins Integrow at a defining moment in the evolution of artificial intelligence.

Widely recognized for helping organizations modernize operations, simplify complex business ecosystems, and deliver measurable transformation outcomes, Ottomone has led some of the industry’s largest enterprise modernization initiatives across ERP, CRM, workforce management, cloud computing, cybersecurity, artificial intelligence, and intelligent automation. His appointment signals Integrow’s commitment to redefining how enterprises execute strategy in the era of autonomous AI.

“Artificial Intelligence is no longer about automation alone, it’s about empowering organizations to execute faster, make smarter decisions, and fundamentally rethink how work gets done,” said Zeya Ottomone, Chief Executive Officer of Integrow. “We’re entering the Agentic Era, where intelligent AI agents become trusted digital teammates capable of planning, reasoning, collaborating and executing alongside people. At Integrow, we’re building the enterprise platform that makes that future practical, secure and measurable for every organization.”

Ottomone is internationally recognized as a leader in enterprise technology, SaaS transformation, digital modernization and AI-enabled business strategy. Throughout his career he has held executive leadership and C-level positions with ABB, Honeywell, AmerisourceBergen, Cable & Wireless, Chicago Tribune and Rimini Street, leading global organizations through large-scale transformation initiatives across North America, Europe, Asia-Pacific and the Middle East. His expertise spans enterprise applications, Salesforce ecosystems, ServiceNow, ERP modernization, customer experience, intelligent operations, data strategy, and the emerging field of Agentic AI.

Before joining Integrow, Ottomone led global SaaS Centers of Excellence focused on enterprise transformation, helping organizations modernize critical business operations while reducing technology complexity and accelerating innovation. A certified Lean Six Sigma Master Black Belt and recognized executive advisor, Ottomone has consistently delivered operational excellence by combining strategic leadership with emerging technologies to create sustainable business value.

His appointment also coincides with the upcoming publication of his new book, Empowered to Execute in the Agentic Era, which explores how organizations can bridge the gap between strategy and execution by leveraging AI, empowering people, and building intelligent enterprises capable of continuous innovation. The book reflects many of the same principles that will guide Integrow’s next phase of growth: human-centered AI, intelligent automation, operational excellence, and measurable business outcomes.

Under Ottomone’s leadership, Integrow will accelerate investment across:

Agentic AIEnterprise AI PlatformsIntelligent ERPAI-powered CRMHuman Capital ManagementIT Service ManagementPredictive AnalyticsAutonomous WorkflowsEnterprise CopilotsIndustry-specific AI Solutions

The company’s vision is to deliver a unified enterprise platform where AI is embedded into every business process, enabling organizations to eliminate operational silos, automate decision-making, increase productivity, and create competitive advantage through intelligent execution. “Zeya represents exactly the type of visionary leader required for the next generation of enterprise software,” said Harvey Nicholson, Chair of Corporate Governance and Member of Integrow’s Board of Directors. “His global experience, deep understanding of enterprise technology, and forward-looking vision for Agentic AI position Integrow to become one of the industry’s most innovative AI-powered enterprise software companies.”

Wayne Gadson, Chair of Growth Strategy, added: “The future belongs to organizations that can execute strategy with intelligence, speed and confidence. Zeya has spent his career helping enterprises achieve exactly that. His appointment marks the beginning of an exciting new chapter for Integrow, our customers and our partners worldwide.” As enterprises face mounting pressure to modernize operations, reduce costs, improve workforce productivity and harness the power of artificial intelligence, Integrow is uniquely positioned to help organizations transform through a single AI-powered enterprise platform that unifies finance, operations, customer engagement, workforce management, projects and service delivery.

“Our mission is simple,” Ottomone concluded. “We don’t believe AI should replace people. We believe AI should elevate people. The organizations that will define the next decade won’t simply adopt AI—they’ll empower every employee to execute better decisions every day. That’s the future Integrow is building.”

About Integrow

Integrow is a global enterprise software company delivering next-generation AI-powered business applications built on Salesforce. The platform unifies ERP, CRM, Human Capital Management, IT Service Management, Project Management, Field Service, Finance and Operations into a single intelligent ecosystem enhanced by Agentic AI.

By embedding artificial intelligence into every workflow, Integrow enables organizations to modernize operations, accelerate innovation, improve decision-making and execute strategy with confidence.

For more information, visit www.integrow.com.

Media Contact

Media Team, Integrow, Inc., 1 855-333-4769, info@integrow.com, www.integrow.com 

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SOURCE Integrow, Inc.

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Lufax Announces Board and Management Changes

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SHANGHAI, July 24, 2026 /PRNewswire/ — Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced changes to its board of directors and senior management, effective July 25, 2026.

Ms. Fangfang Cai (“Ms. Cai”), Mr. Shibang Guo (“Mr. Guo”) and Mr. Peifeng Li (“Mr. Li”) have resigned as non-executive directors of the Company and from their respective positions on the Board’s committees. Mr. Tongzhuan Xi (“Mr. Xi”) has resigned as an executive director, the chief financial officer and the authorised representative of the Company (“Authorised Representative”) under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Hong Kong Listing Rules”), with effect from July 25, 2026. Each of the four directors cited personal work arrangements as the reason for their resignation and confirmed there is no disagreement with the Board and no matter relating to their departure that needs to be brought to shareholders’ attention.

The Company has begun a search for a new chief financial officer. During the transition, the CFO’s duties will be temporarily assumed by the Company’s internal team to ensure continuity of the Company’s financial functions. Mr. Xiang Ji, an executive director and the Company’s chief executive officer, has been appointed as the Authorised Representative, the Company’s designated liaison with the Stock Exchange under the Hong Kong Listing Rules, in place of Mr. Xi, with effect from July 25, 2026.

The Board has appointed Mr. Wai Kin Chim (“Mr. Chim”) as an independent non-executive director for an initial three-year term commencing July 25, 2026.

Mr. Chim, aged 65, has over 40 years of experience in international banking and extensive board experience in Asia Pacific, having worked in Hong Kong, Singapore and Beijing. He specializes in risk management and internal control, with a strong emphasis on corporate governance, credit risk, market risk and capital management.

Mr. Chim served as a loan officer at Standard Chartered Bank, Hong Kong Branch, from October 1985 to August 1988. He was then employed by Bankers Trust Company, Hong Kong Branch, as a vice president of the Asia Credit Department from September 1988 to October 1996. He subsequently served as the managing director and the chief credit officer for Deutsche Bank AG, a company listed on the Frankfurt Stock Exchange under ticker symbol DBK, for Asia Pacific (non-Japan Asia), from October 1996 to November 2006. He joined Bank of China Limited, a company listed on the Main Board of the Stock Exchange under stock code 3988, as the chief credit officer from March 2007 to March 2015.

Mr. Chim was an independent non-executive director of Standard Chartered Bank (China) Limited from October 2015 to October 2017. He served as an independent non-executive director of HDR Global Trading Limited, owner and operator of the BitMEX digital asset trading platform, from February 2021 to February 2022. Mr. Chim served as a non-executive director of China Chengtong Hong Kong Company Limited from July 2022 to June 2025. Mr. Chim is currently an independent non-executive director of OCBC Bank (Hong Kong) Limited, since November 2017; an independent non-executive director of Banco OCBC (Macau), S.A., since August 2023; an independent non-executive director of China Intellogis Technology Co., Ltd., since June 2024; and a director of Hong Kong Dance Company Limited since June 2026.

Mr. Chim obtained a Bachelor of Science degree from the Chinese University of Hong Kong in 1983 and an MBA degree from Indiana State University, USA, in 1985. He also graduated from the Senior Executive Program at Columbia University in 2000.

In connection with these changes, with effect from July 25, 2026, Ms. Cai will step down from the Nomination and Remuneration Committee, and Mr. Koon Wing Ernest Ip has been appointed as a member to that committee. The Company’s Special Committee will comprise Mr. Dicky Peter Yip, Mr. Koon Wing Ernest Ip and Mr. Siu Hong Cheng, continuing under the chairmanship of Mr. Dicky Peter Yip, with effect from July 25, 2026.

The Board would like to take this opportunity to thank Ms. Cai, Mr. Guo, Mr. Li and Mr. Xi for their service during the tenure of their office and warmly welcome Mr. Chim to the Board.

About Lufax

Lufax is a leading financial services enabler for small business owners in China. The Company offers financing products designed principally to address the needs of small business owners. In doing so, the Company has established relationships with 85 financial institutions in China as funding partners, many of which have worked with the Company for over three years.

Investor Relations Contact

Lufax Holding Ltd
Email: Investor_Relations@lu.com

ICR, LLC
Robin Yang
Tel: +1 (646) 308-0546
Email: lufax.ir@icrinc.com

 

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SOURCE Lufax Holding Ltd

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UMD Smith School Researchers Warn AI Security Lapses Highlight Urgent Need for Independent Oversight

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COLLEGE PARK, Md., July 24, 2026 /PRNewswire/ — A series of recent AI security lapses—including the OpenAI–Hugging Face breach—raises a fundamental question, say a pair of researchers at the University of Maryland’s Robert H. Smith School of Business: Can tech companies safely govern the powerful AI systems they build, or is stronger outside oversight now essential?

In its incident report, OpenAI confirmed that one of its experimental AI agents exploited a weakness in its testing environment while working on a routine benchmark task. The system wasn’t instructed to behave maliciously; instead, its persistence turned a small design flaw into a real escape. Earlier tests showed similar behavior, including agents that learned to bypass security checks by manipulating authentication tokens.

This pattern echoes findings from Dean’s Professor of Information Systems Siva Viswanathan at the Smith School, who studies how large technology platforms enforce rules. His research on mobile app privacy—published in Management Science—examined Google’s rollout of Android 6.0, which gave users more control over what data apps could collect. Developers were granted a flexible window to update their apps. Many used that flexibility to delay compliance for months, continuing to gather user data until Google imposed consequences such as lower search rankings and reduced visibility in its app store.

Viswanathan’s takeaway: when companies rely on voluntary compliance, self‑interested actors often exploit the slack. Real accountability requires pairing flexibility with firm, enforceable penalties.

That lesson now reverberates across the AI sector. As companies race to build increasingly capable systems, Viswanathan says oversight must treat these AI systems as strategic actors and must include strong safeguards that can pause or reverse a system before harm occurs.

He notes that a separate study from Anthropic underscores the stakes. In controlled tests, even an AI system designed to monitor another AI inherited the same flaws it was supposed to catch. In some cases, the “judge” model failed to flag clear sabotage because it agreed with the agent’s goals, allowing dangerous behavior to pass without human review.

Balaji Padmanabhan, Dean’s Professor of Decisions, Operations and Information Technologies and director of the Smith School’s Center for Artificial Intelligence in Business, extends Viswanathan’s governance argument into the realm of autonomous AI agents, warning that the same structural weaknesses now carry far higher stakes.

“The fact that this breach occurred organically without the AI agent being asked to be malicious is itself notable. Imagine what someone who actually intends to do harm can do. It’s also not terribly reassuring that the same firms we depend on for AI infrastructure, who are facing these issues, are the ones assuring enterprises that their systems with guardrails are perfectly safe,” says Padmanabhan. “We have to wake up to the fact that we’ve created capabilities that let software become as powerful as we want it to be—and then some. It’s time we seriously ask what’s needed to create an infrastructure to play defense well.”

Across the independent studies, the pattern is consistent, says Viswanathan: Voluntary compliance fails when the governed actor is more capable than the regulator. And AI systems cannot be governed by trust or good intentions alone. Oversight must be preventive, independent and capable of stopping harmful behavior before it spreads.

About the University of Maryland’s Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.

Contact: Greg Muraski, gmuraski@umd.edu

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SOURCE University of Maryland’s Robert H. Smith School of Business

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