DENSO, Companies Initiate Demonstration to Expand Automotive Recycling Process

DENSO CORPORATION and other partners have been chosen by an industry-government-academia collaborative project aiming to expand the recycle content for automobile in the fiscal year 2023 supported by Ministry of the Environment, Japan. The project, titled “Demonstration of Manufacturing-and-Recycling Integrated Process for Horizontal Cycle* Enabled by Automated Sophisticated Dismantling of ELVs, (end-of-life vehicles)” has begun in early March and is scheduled to conclude by the end of January 2025.

Project participants include REVER CORPORATION, DIC Corporation, UACJ Corporation, Kaneshiro Sangyou, KYUSHU METAL INDUSTRY CO., LTD., SUMITOMO CHEMICAL COMPANY, Daido Steel Co., Ltd., Toray Industries, Inc., Toyoda Gosei Co., Ltd., TOYOTA BOSHOKU CORPORATION, Nomura Research Institute, Ltd., Furukawa Electric Co., Ltd., MATEC Inc., Mitsui Chemicals, Inc., Waseda University, and others.

In recent years, the automotive industry has sought to transition to a circular economy to achieve a more sustainable society. In the effort, it is necessary to significantly expand the use of recycled materials in automotive products, helping reduce the need for freshly cultivated natural resources.

Even so, current global processes often involve shredding ELVs and separating the remaining materials for use in recycled products, a process that can make acquiring high-purity material a challenge. Further compounding the issue is a lack of shared standards between the manufacturing and recycling industries. Moreover, the recycling industry responsible for ELV processing faces business challenges such as severe labor shortages and the need to optimize work environments. Addressing these challenges requires a shift towards new processing methods for ELVs that not only solve these issues but also ensure the quality and quantity of recycled materials.

In this project, participating companies such as ELV dismantling and shredding operators, dismantling system providers, material manufacturers, automotive parts manufacturers, and research institutions are collaborating to realize a new ELV processing method based on automated sophisticated dismantling and conduct a technology demonstration of an integrated process.

Through this demonstration, the group will identify the challenges involved in implementing this integrated ecosystem that combines manufacturing and recycling industries within society. Specifically, the project will include the technology demonstration of the automated sophisticated dismantling process, the high-purity and re-resource processes for various materials extracted through advanced dismantling, and the prototyping and evaluation of parts made from these recycled materials. Additionally, the project will verify the sustainability of the whole process, evaluating how much carbon output it can reduce compared to current processes.

We will aim to contribute to the expansion of recycled materials in automotive parts and the realization of a circular economy in the automotive industry through this demonstration.

*Horizontal Cycle: A recycling system that utilizes used products as resources to produce the same product.


Topic: Press release summary

Companies highlight integrated approaches as the new frontier for industrial decarbonization

Dubai – WEBWIRE

In anew business briefpublished today by the World Business Council for Sustainable Development (WBCSD)Switch project, companies ABB, Accenture, Eaton and Schneider Electric, together with the BASE Foundation, Climate Group, Global Sustainable Electricity Partnership (GSEP) and Integrate to Zero explain how integrating decarbonization solutions presents a fast lane to net zero operations.

The technology behind decarbonization ismaturing quickly and becoming increasingly competitiveamid fossil fuel price volatility.Half of the worlds largest companies have set public net-zero emissions goals, with commitments up by more than 40% since 2022.

As shown in the brief published today, when businesses bundle and integrate decarbonization solutions, they unlock synergies and larger environmental and financial benefits, charting a faster course to ambitious renewable goals. Integrated approaches canreduce operational emissions by up to 50%, secure energy supply and optimize returns on capital investment and the risk profile of technology adoption.

Integrated decarbonization will require equally integrated business decarbonization strategies, aligning investment decisions with environmental targets and new revenue models, and coordinated policies to link building and transport technologies with the grid.

Government and business leaders will convene for COP 28 in a few days to determine the next urgent steps on the global race to net zero. They must recognize integrated approaches as a cornerstone of global decarbonization efforts, particularly in critical discussions on investment and policy frameworks needed totriple the capacity of renewable energy sources and double energy efficiency by 2030.

Anke Hampel, Group Head of Sustainability, ABB, said: Ahead of COP 28, it is important to remember that the solutions and technology that can get us to net-zero are within reach for businesses. We call on businesses and governments to approach sustainability holistically and review financing and governance models that can accelerate the implementation of sustainability roadmaps.

Companies need to switch to net-zero operations to deliver on ambitious net-zero targets. An integrated net-zero pathway will help industrial leaders get there faster and roll out decarbonization strategies at scale. We stand with our Switch partners to help companies in accelerating global decarbonization efforts, and we will continue to do so through state-of-the-art carbon modeling incl. an integrated carbon modeling tool and holistic net-zero strategies, saidWytse Kaastra,LeadAccentureSustainability Services Europe and Utilities sector lead Europe.

With our partners in the WBCSD Switch project, we invite business leaders from around the world to reduce their carbon emissions and energy costs by focusing on demand-side flexibility, energy resilience, and self-sufficiency to transform their buildings and facilities into integrated energy hubs, highlightedTim Darkes, President, Corporate and Electrical Sector EMEA, Eaton.

Vanessa Miler-Fels, VP Global Environment, Schneider Electric, said: Business leaders have a clear, practical path to decarbonization: digital and electrification. But bold steps are needed to make this a reality, starting with embedding sustainability in all operations and preparing grids as the essential backbone to the energy transition.

Integrated energy is the next frontier of corporate decarbonization. Combining on-site, on-grid, and on-road solutions will reduce emissions and save money. It also provides companies energy security as theyd be far less impacted by the volatile fossil fuel markets, it builds business resilience, and opens up the potential for future revenue streams. Climate Group supports WBCSD in scoping out the corporate demand for these innovations and accelerate action in this crucial area. commentedHelen Clarkson, CEO, Climate Group.

Vincent-Michel Duval, Executive Director, GSEP,said: The electrified, zero-carbon technologies needed to rapidly decarbonize not only exist, but they are mature and scalable. Adopting an integrated approach can go a long way in catalyzing the swift decarbonization needed to achieve climate targets and unlock further benefits for businesses and society, ranging from improved efficiency to energy security. GSEP is delighted to have contributed our unique perspective on the importance of electrified solutions to this initiative.

[p”Integrating distributed renewable energy resources on-site, on-road, on-grid creates a larger, cleaner more resilient power system, quickly, at lower cost to utilities and with huge business benefits. saidDan Hamza-Goodacre, Founder and Chief Energy Officer, Integrate to Zero.[/p]

Thomas Deloison, Director, Mobility, WBCSD, said: Business leaders must seize the integrated decarbonization opportunity not only to play their part in the global race to net zero, but also to realize that low carbon technologies create value for society, the planet and balance sheets. We are delighted to release the result of work conducted by a unique group of like-minded businesses and partners forming the Switch project.

Businesses and partners of the WBCSD Switch project mobilize projects, build and share best practices, and advocate for the adoption of integrated approaches in leading events. For more information, consult our website or contact Thomas Deloison, WBCSD atdeloison@wbcsd.org.

XPO Named One of the 2023 Top Companies for Women to Work for in Transportation

Women In Trucking recognizes XPOs industry leadership of advancing gender diversity for the third consecutive year and names it to the Elite 30 list

Greenwich, Conn. – WEBWIRE

XPO (NYSE: XPO), a leading provider of freight transportation in North America, has been named one of the 2023 Top Companies for Women to Work for in Transportation by the Women in Trucking Association (WIT). The company is receiving this recognition for the third consecutive year. This year, WIT also named XPO to its Elite 30 list of the nations most exceptional employers.

XPO was selected for its commitment to gender diversity, exemplified through its employee-focused culture, offering competitive compensation and benefits, and providing professional development and growth opportunities for career advancement.

Carolyn Roach, chief human resources officer at XPO, said, Women at all levels and in all job functions are making a tremendous impact on the success of our company, and were dedicated to providing a supportive workplace in which all employees can build rewarding careers. Were honored to be recognized by WIT as an Elite 30 employer and appreciate being awarded for the work were doing to foster greater gender diversity and professional advancement for women in the transportation industry.

With 22,000 employees in North America, XPO is focused on bridging the gender gap at all stages of an employees journey, from talent attraction and recruitment to talent retention. The company offers a comprehensive and progressive suite of benefits and professional development programs that help remove barriers and enable women to thrive in their careers at XPO.

Earlier this year, XPO senior service center manager Kimberly Torres was recognized as part of WITs 2023 Top Women to Watch in Transportation, which honors the top performing women in the industry who go the extra mile to support other women and help to improve gender equality at their companies and in the industry.

About XPO
XPO, Inc. (NYSE: XPO) is one of the largest providers of asset-based less-than-truckload (LTL) transportation in North America, with proprietary technology that moves goods efficiently through its network. Together with its business in Europe, XPO serves approximately 50,000 customers with 563 locations and 38,000 employees. The company is headquartered in Greenwich, Conn., USA. Visit xpo.com for more information, and connect with XPO on Facebook, X, LinkedIn, Instagram and YouTube.

Impressive companies, remarkable individuals take centre stage at the 13th PropertyGuru Asia Property Awards (Singapore)

PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today named the Winners and Highly Commended recipients of the 13th Annual PropertyGuru Asia Property Awards (Singapore), supported by Mitsubishi Electric Asia Pte Ltd.

Singapore’s finest development companies and most accomplished real estate leaders were present at the black-tie gala dinner and presentation ceremony held at The Ritz-Carlton, Millenia Singapore. Around 49 golden statuettes, representing a diverse array of categories, were presented at the gala event, celebrating established and up-and-coming names alike in the real estate industry.

GuocoLand earned the Best Developer award, its fourth win in this category, in addition to the Special Recognition in ESG and Special Recognition in Sustainable Design and Construction. The company also garnered three wins for its project Lentor Modern, namely Best Integrated Development, Best Private Condo Development, and Best Private Condo Architectural Design.      

UOL Group Limited, last year’s Best Developer titleholder, was named Best Residential Developer, Best Sustainable Developer, and Best Hospitality Developer. The company also gained two Special Recognitions. UOL Group Limited and Singapore Land Group Limited jointly won four titles for their projects Watten House and Pinetree Hill.

Hoi Hup Realty Pte Ltd was named Best Lifestyle Developer while its subsidiary Hoi Hup Sunway Katong Pte Ltd scored four wins for the project known as The Continuum. Another subsidiary, Hoi Hup Sunway Kent Ridge Pte Ltd, attained a win for its project Terra Hill.

Frasers Property Singapore was another big winner of the night, scoring six wins, including Best Mixed Use Developer. Riviere, a project by Frasers Property Singapore, gained two wins, including the sought-after Best Condo Development (Singapore) award.

The sought-after Best Housing Development (Singapore) title went to Pollen Collection, a project by Bukit Sembawang Estates Limited. The company achieved a total of four wins, including the title of Best Landed Developer.

Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management) received the Best Commercial Developer title, plus two wins for its project Solitaire on Cecil. Da Vinci Land was meanwhile named Best Breakthrough Developer.

The Assembly Place won the title of Best Co Living Operator  , buoyed by a win for the project Campus @ Telok Kurau. Eugene Lim YJ, founder and CEO, The Assembly Place, came to accept the very first Rising Star award, presented by official portal partner PropertyGuru.com.sg, in recognition of his impactful arrival in the real estate scene.  

Tan Zhiyong, chief executive officer, MCC Singapore, also graced the celebration with his presence. He accepted the Singapore Real Estate of the Year award from the editorial team of Property Report by PropertyGuru, the official magazine.

Tan Zhiyong said: “I am proud to be conferred the Real Estate Personality of the Year award and I would like to thank PropertyGuru for this accolade. It is my privilege to be inducted in the hall of fame for this category.”

Another big winner of the night was EL Development Pte Ltd, garnering five wins for the projects Pullman Singapore Hill Street and Blossoms By The Park.

Jeremy Williams, managing director, Marketplaces, PropertyGuru Group, said: “I would like to extend my congratulations to this year’s recipients of the PropertyGuru Asia Property Awards (Singapore), celebrating the country’s finest developers, projects, and designs. The accolades this year have been presented to established and emerging names alike in the industry, and deservedly so. With their forward-thinking, sustainable ideas and innovations, these exemplary enterprises can light the way for building the cities of tomorrow, starting with Singapore, and deliver value to property seekers.”

Jules Kay, GM of PropertyGuru Asia Property Awards and Events, said: “The style, sustainability, and smartness of Singapore’s world-leading built spaces never fail to impress. The best developments in the Lion State not only meet the needs of the property seeker, but also the greater good of the community. With a variety property types and target buyers, this year’s winning projects represent Singapore real estate at its finest: technologically sophisticated, well-integrated into the local environment, and thoughtfully designed. As part of the region’s business and tourist hub, these award-winning properties set the stage for how people will live, work, and thrive in tomorrow’s cities.”

The independent panel of judges who determined the list of awardees this year consist of Kristin Thorsteins, chairperson of the Awards in Singapore and head of partnerships – growth for APAC, IWG PLC; Annalisa Dass, director, digital strategy, EY-Parthenon; Chua Shang Chai, partner, Dentons Rodyk & Davidson LLP; Greg Shand, architect, Robert Greg Shand Architects; Henry Woon, director, Atelier Ten; Ar. Ivy Koh, deputy COO, SJ Architecture, Surbana Jurong Consultants Pte Ltd.; Roy Ling, CEO, board director, and adjunct professor, FollowTrade; Tay Kah Poh, adjunct associate professor, NUS Department of Real Estate; and Wenhui Lim, partner, Spark Architects.

As official supervisor, HLB Singapore Foo Kon Tan upheld the selection process’ fairness, transparency, and integrity, under the leadership of Raymond Kong and Chen Tsai-Wei Vivian.

Main country winners of the PropertyGuru Asia Property Awards (Singapore) will be eligible to advance to the 18th PropertyGuru Asia Property Awards Grand Final on Friday, 8 December in Bangkok, Thailand. Winners will compete for honours against their peers from Cambodia, Indonesia, Malaysia, Philippines, Thailand, and Vietnam, as well as Australia, India, Japan, and China.

Organised by PropertyGuru Group, the 13th PropertyGuru Asia Property Awards (Singapore) are supported by gold sponsor Mitsubishi Electric Asia Pte Ltd.; official portal partner PropertyGuru.com.sg; official magazine Property Report by PropertyGuru; media partners AspirantSG, d+a Magazine, SquareRooms, and Top 10 Singapore; supporting association Singapore Estate Agents Association; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

COMPLETE LIST OF WINNERS AND HIGHLY COMMENDED AWARDEES

13th PropertyGuru Asia Property Awards (Singapore)

DEVELOPER AWARDS                            

Best Developer                                 
WINNER: GuocoLand

Best Residential Developer                            
WINNER: UOL Group Limited        

Best Landed Developer                  
WINNER: Bukit Sembawang Estates Limited

Best Mixed Use Developer                              
WINNER: Frasers Property Singapore                           

Best Commercial Developer                           
WINNER: Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management)

Best Hospitality Developer                             
WINNER: UOL Group Limited

Best Lifestyle Developer                                  
WINNER: Hoi Hup Realty Pte Ltd

Best Sustainable Developer                           
WINNER: UOL Group Limited

Best Breakthrough Developer                        
WINNER: Da Vinci Land                            

Best Co Living Operator                 
WINNER: The Assembly Place

DEVELOPMENT AWARDS

Best Integrated Development                       
WINNER: Lentor Modern by GuocoLand

Best Mixed Use Development                        
WINNER: One Bernam by HY-MCC (Bernam) Pte Ltd

Best Mega Scale Condo Development                          
WINNER: Grand Dunman by Grand Dunman Pte. Ltd.                            

Best Ultra Luxury Condo Development                        
WINNER: Klimt Cairnhill by Low Keng Huat (S) Limited                            

Best Luxury Condo Development                 
WINNER: Watten House by UOL Group Limited and Singapore Land Group Limited                            

Best Premium Condo Development                               
WINNER: The Continuum by Hoi Hup Sunway Katong Pte Ltd
HIGHLY COMMENDED: Pinetree Hill by UOL Group Limited and Singapore Land Group Limited
HIGHLY COMMENDED: Terra Hill by Hoi Hup Sunway Kent Ridge Pte Ltd                            

Best Private Condo Development                
WINNER: Lentor Modern by GuocoLand
HIGHLY COMMENDED: Blossoms By The Park by EL Development Pte Ltd
HIGHLY COMMENDED: Grand Dunman by Grand Dunman Pte. Ltd.
HIGHLY COMMENDED: The LakeGarden Residences by Wing Tai Asia                            

Best Executive Condo Development                              
WINNER: Altura by TQS (2) Development Pte Ltd          

Best Completed Private Condo Development                              
WINNER: Seaside Residences by Frasers Property Singapore                                              

Best Nature Integrated Development                           
WINNER: The LakeGarden Residences by Wing Tai Asia
HIGHLY COMMENDED: Terra Hill by Hoi Hup Sunway Kent Ridge Pte Ltd                            

Best Waterfront Condo Development                           
WINNER: Riviere by Frasers Property Singapore                            

Best Landed Housing Development                              
WINNER: Pollen Collection by Bukit Sembawang Estates Limited                            

Best Lifestyle Development                            
WINNER: The Continuum by Hoi Hup Sunway Katong Pte Ltd                            

Best Green Development                                 
WINNER: The LakeGarden Residences by Wing Tai Asia                                                                                  

Best Hotel Development                                  
WINNER: Pullman Singapore Hill Street by EL Development Pte Ltd

Best Reconstruction Project Development                  
WINNER: Solitaire on Cecil by Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management)

Best Industrial Development                         
WINNER: CT FoodNEX by Chiu Teng Group                                              

DESIGN AWARDS                            

Best Mega Scale Condo Architectural Design                              
WINNER: Grand Dunman by Grand Dunman Pte. Ltd.

Best Luxury Condo Architectural Design                     
WINNER: Watten House by UOL Group Limited and Singapore Land Group Limited                            

Best Premium Condo Architectural Design                 
WINNER: The Continuum by Hoi Hup Sunway Katong Pte Ltd
HIGHLY COMMENDED: Pinetree Hill by UOL Group Limited and Singapore Land Group Limited

Best Private Condo Architectural Design                     
WINNER: Lentor Modern by GuocoLand                     

Best Ultra Luxury Condo Interior Design                      
WINNER: Klimt Cairnhill by Low Keng Huat (S) Limited                            

Best Premium Condo Interior Design                             
WINNER: Terra Hill by Hoi Hup Sunway Kent Ridge Pte Ltd

Best Private Condo Interior Design                                 
WINNER: Blossoms By The Park by EL Development Pte Ltd

Best Luxury Condo Landscape Design                          
WINNER: Watten House by UOL Group Limited and Singapore Land Group Limited                                                                                                    

Best Mega Scale Condo Landscape Design                                  
WINNER: Grand Dunman by Grand Dunman Pte. Ltd.                            

Best Premium Condo Landscape Design                     
WINNER: Pinetree Hill by UOL Group Limited and Singapore Land Group Limited                                    

Best Private Condo Landscape Design                         
WINNER: Blossoms By The Park by EL Development Pte Ltd

Best Hotel Architectural Design                    
WINNER: Pullman Singapore Hill Street by EL Development Pte Ltd                            

Best Hotel Interior Design                               
WINNER: Pullman Singapore Hill Street by EL Development Pte Ltd
HIGHLY COMMENDED: Pan Pacific Singapore by UOL Group Limited                            

Best Office Architectural Design                   
WINNER: Solitaire on Cecil by Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management)                            

Best Co Living Space                      
WINNER: Campus @ Telok Kurau by The Assembly Place
HIGHLY COMMENDED: Duke Residences by The Assembly Place
HIGHLY COMMENDED: Hovoh Complete Homes by Hovoh Pte Ltd

Best Sales Gallery Architectural Design                       
WINNER: The Continuum by Hoi Hup Sunway Katong Pte Ltd
HIGHLY COMMENDED: Grand Dunman by Grand Dunman Pte. Ltd.                          

BEST OF SINGAPORE AWARDS                            

Best Condo Development (Singapore)                         
WINNER: Riviere by Frasers Property Singapore                            

Best Housing Development (Singapore)                      
WINNER: Pollen Collection by Bukit Sembawang Estates Limited                                             

SPECIAL AWARDS                            

Rising Star                        
WINNER: Eugene Lim YJ, Founder and CEO, The Assembly Place

Special Recognition in ESG                             
WINNER: Bukit Sembawang Estates Limited
WINNER: Frasers Property Singapore
WINNER: GuocoLand
WINNER: UOL Group Limited

Special Recognition in Sustainable Design and Construction                    
WINNER: Frasers Property Singapore
WINNER: GuocoLand
WINNER: UOL Group Limited

PUBLISHER’S CHOICE                            

Singapore Real Estate Personality of the Year                            
WINNER: Tan Zhiyong, Chief Executive Officer, MCC Singapore               

ABOUT PROPERTYGURU ASIA PROPERTY AWARDS

PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. 

In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023. 

For more information, please visit AsiaPropertyAwards.com

ABOUT PROPERTYGURU GROUP

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 37 million property seekers2 to connect with almost 60,000 agents monthly3 to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, and Vietnam.

PropertyGuru.com.sg was launched in Singapore in 2007 and since then PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.  

For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

(1) Based on SimilarWeb data between October 2022 and March 2023.
(2) Based on Google Analytics data between October 2022 and March 2023.
(3) Based on data between January 2023 and March 2023.
(4) Based on data between October 2022 and March 2023.

PROPERTYGURU CONTACTS:

General Enquiries:
Richard Allan Aquino, Head of Brand & Marketing Services
M: +66 92 954 4154
E: allan@propertyguru.com   

Media & Partnerships:
Nate Dacua, Media Relations & Marketing Services Manager
M: +66 92 701 2510
E: nate@propertyguru.com

Sponsorships:
Kanittha Srithongsuk, Regional Manager, Awards Sponsorship
M: +66 93 293 9794
E: kanittha@propertyguru.com

Sales & Nominations:
Alicia Loh, Awards Manager (Singapore)
M: +65 8382 0078
E: alicia@propertyguru.com.sg


Topic: Press release summary

75% of Companies Struggling with IT Operational Challenges in a Hybrid World

Sporadic firmware updates, inadequate endpoint protection, and inaccurate asset databases harm enterprise security and efficiency

PALO ALTO, Calif. – WEBWIRE

HP Inc. (NYSE: HPQ) announced the findings of a new commissioned study, conducted by Forrester Consulting, highlighting the need for companies to adopt always-on endpoint management to cater for increasingly dispersed global workforces.

72% of companies surveyed currently have a hybrid working model, with 75% of respondents reporting that the shift to remote and hybrid working models has magnified IT operational challenges.1

Forrester Consultings survey of 312 IT and security decision makers shows that companies are struggling to balance asset management, user experience assurance, and risk management.

Key findings in the 2023 study, Mastering Endpoint Security In A Hybrid World, include:

  • The top challenges companies face when managing remote endpoints are ensuring data security (60%); keeping software on remote devices up to date (55%); and maximizing the accuracy of asset databases (55%).
  • Just42% of companies perform firmware updates annually, 23% update every two years or less, and 12% only update when essential putting firms at risk of security vulnerabilities and compatibility issues.
  • Two-thirds (67%) of respondents say ensuring secure and continuous communication with remote endpoints is a major concern for their companys IT department.
  • IT is having to rely on subpar protection, with 50% citing inadequate endpoint security solutions as an obstacle to addressing security and management challenges. Meanwhile, 54% believe full-disk encryption provides substantial protection for endpoints but acknowledge it can be insufficient. For example, if the attacker has physical access to the device.

Dr. Ian Pratt, Global Head of Security for Personal Systems at HP Inc., comments:

The flexibility of being able to work and hire employees all over the world is one of the many benefits of living in a digital economy. Yet as the workplace evolves, security must too. To offer secure, efficient, and user-friendly IT experiences in the future, companies will need an always-on endpoint management infrastructure that can support this new way of working.

Always-on connectivity is the lynchpin of comprehensive endpoint management

In considering how these challenges may be overcome, 75% of respondents believe improved endpoint management would have a positive impact on overall business operations and efficiency.

Companies cited a need for more efficient endpoint software tracking and management (48%). To achieve this, respondents want device backup and restore capabilities (55%), automation of device recovery processes (47%), BIOS update deployment (46%), and device location tracking (46%).

To enhance remote endpoint security and management, 82% of respondents are also considering investment in solutions that can geo-locate, lock, and erase PCs remotely.

Solutions such as HP Wolf Protect and Trace2with HP Wolf Connect, once available, will be able to locate, lock and erase a PC remotely, even when its turned off or disconnected from the internet.3

An always-on approach to fleet management is vital to creating a secure device life cycle and optimizing distributed working environments. Continuous endpoint monitoring and real-time device management will help companies to protect sensitive data on the move and lower IT costs by reducing PC remediation or replacements, concludes Dr. Pratt.

About the research

This study, commissioned by HP and carried out by Forrester, surveyed 312 IT and security decision makers at companies with 500 or more employees across multiple industries in NA, EMEA and APJ. The study began in March 2023 and was completed in September 2023.

About HP

HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit: http://www.hp.com.

About HP Wolf Security

HP Wolf Security is a new breed of endpoint security. HPs portfolio of hardware-enforced security and endpoint-focused security services are designed to help organizations safeguard PCs, printers, and people from circling cyber predators. HP Wolf Security provides comprehensive endpoint protection and resiliency that starts at the hardware level and extends across software and services. Visithp.com/security.

Copyright 2023 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the expresswarranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

[1] Based on a study of 312 IT and security decision makers at companies with 500 or more employees across multiple industries in NA, EMEA and APJ, commissioned by HP and carried out by Forrester.

[2] HP Wolf Protect & Trace with Wolf Connect is planned to be available on select HP commercial G10 laptops and mobile workstation devices. Devices with Cat-M module do not support Internet access. Internet service for devices with 4G LTE and 5G modules is not included and must be purchased separately. Wolf Connect Service not available in all countries. Other restrictions limitations apply, please see data sheet for complete details.

[3] Based on HPs internal analysis of find, lock and erase software services for PCs as of March 2023.