NEWS
Eaton launches Asset Manager application to help construction industry identify genuine products
Intelligent power management company Eaton , has launched the innovative Eaton Asset Manager application to help the commercial and construction industries ensure the use of genuine electrical products .
Eaton , has launched Asset Manager to
help the commercial and construction industries ensure the use of genuine electrical products . This application is designed to enhance safety and compliance by providing a reliable means to authenticate genuine , tested , and safe electrical protection devices .
Eaton Asset Manager mobile application , is a powerful tool designed to help users authenticate genuine Eaton products . By scanning a product ’ s QR code or using the application ’ s search functionalities , users can access product information , manage their products , and ensure they are using safe , genuine Eaton components .
Simon T Bircham , Brand Protection Manager for Eaton EMEA , remarked , “ The Eaton Asset Manager application empowers users to verify the authenticity of our products easily , ensuring that they are protected against the dangers of counterfeit electrical components .”
According to the Organisation for Economic Co-operation and Development , OECD , the global trade in counterfeit goods reached $ 509 billion in 2019 , accounting for 3.3 %
Seventh edition of Global Aerospace Summit returns to Abu Dhabi in September
The seventh edition of the Global
Aerospace Summit is set to return to Abu Dhabi in September 2024 . Representing the aerospace , aviation , space , and defence sectors , the premier thought leadership forum will aim to accelerate investments to drive greater sustainability , youth engagement and innovation for the industry .
The Summit is a CEO-led , critical meeting of the world ’ s aerospace supply chain that brings together sector and government leaders at the highest level for strategy development and partnerships . The two-day event will take place on 25 – 26 September at the St Regis , Saadiyat Island Resort in Abu Dhabi .
SMEs in the aerospace supply chain and emphasise environmental responsibility .
Other key themes include global business aviation trends , such as supersonic travel and sustainability initiatives , as well as critical issues in liquidity , mergers and acquisitions , M & A , and supply chain resilience for original equipment manufacturers , OEMs .
Alongside this , it will delve into advancements in space exploration and military space investments , the connectivity opportunity presented by satellite broadband , and emerging technologies such as artificial intelligence , electric propulsion , hydrogenpowered aircraft , and more . of global trade , and this continues to be a significant and growing threat today .
Europol ’ s 2021 report highlights that counterfeiting is increasingly linked to organised crime , underscoring the severe risks and damages caused by these illegal activities .
Counterfeit goods also threaten markets across the Middle East , but authorities are persistently tackling this issue . According to the Global Organised Crime Index 2023 , in Kuwait , authorities frequently make large-scale seizures of counterfeit goods , including electrical items , which makes it essential for consumers to authenticate these goods .
Dubai Police ’ s Economic Crimes Department seized counterfeit goods worth approximately AED 8.7 billion , around USD 2.3 billion between 2019 to 2024 , whereas Saudi Arabia has seized over 41 million counterfeit items .
High-level speakers include HE Dr Mohamed Al Kuwaiti , Head of Cyber Security at the UAE Government , Mohammed Al-Qahtani , Chief Information Security Officer of Riyadh Airports , and Laila Odina , CEO of Riga International Airport .
With Abu Dhabi a hub for economic development , the summit will explore ways to build aerospace clusters and ecosystems , foster international partnerships , and invest in research and development to drive innovation and value across the UAE .
The 2024 edition will centre on several objectives designed to drive the industry forward and address global aerospace concerns , exploring new ways to enhance technological and strategic capabilities , attract investment , strengthen domestic
Panel sessions will focus on developing the country ’ s defence industry system , investing in the region ’ s thriving aviation sector , embracing environmental responsibility for a greener future and optimising airport infrastructure for future growth .
www . intelligentcio . com INTELLIGENTCIO MIDDLE EAST 9