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business news
HID names new president & CEO
Austin, Tx (USA)
HID Global, a worldwide leader in identity solutions, has named Björn Lidefelt as the company’s new President and CEO. Björn joins the company after serving as Chief Commercial Officer (CCO) at HID parent com-
pany Assa Abloy, where he oversaw branding, communications, commercial development and strategy. He also has extensive experience in international sales and marketing, having spent more than nine years in Asia Pacific markets including
China and Malaysia. Björn Lidfelt succeeds Stefan Widing, who led HID Global for over four years. “I look forward to leading a dedicated and talented global workforce focused on delivering
industry-leading solutions to governments, universities, hospitals, financial institutions and some of the most innovative companies on the planet to create trusted physical and digital places,” Björn added.
Acquisition strengthens Securitas in Iberia
Stockholm, Sweden and Madrid, Spain
Securitas has acquired the Spanish company Techco Security at an estimated purchase price €22 million (MSEK230). Techco Security offers a integrated security services including installation, maintenance and remote guarding services as well as access control, electronic alarm surveillance and fire protection,
and supports clients through two operations centres in Madrid and Barcelona. The company has approximately 520 employees with a strong footprint across Spain and Portugal. Techco Security’s annual sales was MEUR $50 million (MSEK 520) in 2018. “The acquisition represents an important milestone in the
transformation of our company. We will have an even stronger position in delivering quality electronic security services to our clients and we will continue growing the business together with the team”, says Jorge Couto, Divisional President, Security Services Ibero-America. In the full year of 2018
security solutions and electronic security sales represented 20 percent, or approximately BSEK 20, of total Securitas Group sales. Securitas ambition for its security solutions and electronic security business is to double the size from approximately BSEK 20 in 2018 to approximately BSEK 40 in 2023.
Bosch develops a code of ethics for AI
Stuttgart, Germany
Bosch has established ethical “red lines” for the use of artificial intelligence (AI). The company has now issued guidelines governing the use of AI in its intelligent products.
Bosch’s AI code of ethics is based on the following maxim: Humans should be the ultimate arbiter of any AI-based decisions. “Artificial intelligence should serve people. Our AI code of ethics provides our associates with clear guidance regarding the development of intelligent products,” Bosch CEO Volkmar Denner said at the opening of Bosch Connectedworld (BCW), the company’s annual IoT conference in Berlin. “Our goal is that people should trust our AIbased products.” AI is a technology of vital importance for Bosch. By 2025, the aim is for all Bosch products to either contain AI or have been developed or manufactured with its help. The company wants its AI-based products to be safe, robust, and explainable. “If AI is a black box, then people won’t trust it. In a connected world, however, trust will be essential,” said Michael Bolle, the Bosch CDO and CTO. Bosch is aiming to produce AI-based products that are trustworthy. The code of ethics is based on Bosch’s “Invented for life” ethos, which combines a quest for innovation with a sense of social responsibility. Over the next two years, Bosch plans to train 20,000 of its associates in the use of AI. Bosch’s AI code of ethics governing the responsible use of this technology will be part of this training programme. AI offers major potential Artificial intelligence is a global engine of progress and growth. The management consultants PwC, for example, project that between now and 2030, AI will boost GDP in China by 26 percent, by 14 percent in North America, and by around 10 percent in Europe. This technology can help overcome
challenges such as the need for climate action and optimise outcomes in a host of areas such as transportation, medicine, and agriculture. By analysing huge volumes of data, algorithms are able to reason and make decisions. Well in advance of the introduction of binding EU standards, Bosch has therefore taken the decision to actively engage with the ethical questions that the use of this technology raises. The moral foundation for this process is provided by the values enshrined in the Universal Declaration of Human Rights. Humans should retain control Bosch’s AI code of ethics stipulates that artificial intelligence should not make any decisions about humans without this process being subject to some form of human oversight. Instead, artificial intelligence should serve people as a tool. Three possible approaches are described. All have the following in common: in AI-based products developed by Bosch, humans should retain control over any decisions the technology makes.
Bosch has established ethical “red lines” for the use of artificial intelligence (AI).
The importance of trust Bosch also hopes its AI code of ethics will contribute to public debate on artificial intelligence. “AI will change every aspect of our lives,” Denner said. “For this reason, such a debate is vital.” It will take more than just technical know-how to establish trust in intelligent systems – there is also a need for close dialogue among policymakers, the scientific community, and the general public. This is why Bosch has signed up to the High-Level Expert Group on Artificial Intelligence, a body appointed by the European Commission to examine issues such as the ethical dimension of AI.
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