Ta Ya Group x TXOne Networks - New Startup Experience Leading the Way, Jointly Developing the OT Security Blue Ocean【Business Today】

2024/11/01

Ta Ya Group x TXOne Networks - New Startup Experience Leading the Way, Jointly Developing the OT Security Blue Ocean

Business Today

TXOne founder and CEO Liu Rong-Tai.

       The Industry 4.0 wave is sweeping across the globe. While enhancing efficiency through smart networking technology, manufacturing faces unprecedented cybersecurity challenges. TXOne Networks, a startup focused on OT (Operational Technology) security, uses its field experience and technical services to help 3,600 global enterprises enhance OT system defense capabilities, and has received investment from energy chain leader Ta Ya Group. Through Ta Ya Group's "Dual E Strategy," on one hand building comprehensive upstream and downstream business scope in the Energy industry chain, and on the other hand promoting the development of Emerging opportunities through forward-looking investments, both parties can deepen market positioning and gain advantages in energy transformation trends.

OT Security Demand is Urgent, TXOne Technology Stands Out

       Connecting equipment through networks to expand data usage value has become an important strategy for manufacturing, energy, and various vertical sector operators to improve system efficiency. However, this approach also opens previously closed OT systems to exposure under cybersecurity threats. Facing this risk, traditional IT security solutions cannot meet the special needs of OT environments. TXOne Networks' security solutions designed specifically for OT environments can respond to specific field requirements, providing comprehensive protection mechanisms without affecting existing equipment operations.

TXOne Networks CEO Liu Rong-Tai pointed out that the company's predecessor was the Industrial IoT security department of cybersecurity giant Trend Micro, possessing rich industry experience. "We fully understand the operational characteristics and limitations of various vertical sectors, so the solutions we launch can respond to different types of customer needs, providing the most optimized OT security architecture."

       Strategically, TXOne Networks focuses on industry giants, competing for the largest or most indicative customers in the industry. Through close cooperation with leading enterprises, they jointly develop the most suitable security solutions, thereby establishing security standards for the entire industry. This strategy has allowed TXOne to quickly establish industry influence. Currently, among the world's top ten semiconductor foundries, six are TXOne customers; among the top ten automakers, five adopt their solutions. Additionally, the top two aerospace companies are also their customers. This powerful and unique technical capability and strategy not only gained market favor but also became a key investment target for Ta Ya Group.

Ta Ya Group Embraces Innovative Technology, Optimistic About TXOne Seizing Energy Transformation Opportunities

       Ta Ya Group's choice to invest in TXOne is mainly focused on forward-looking positioning in energy transformation and innovative technology fields. Liu Rong-tai mentioned that TXOne's OT security solutions are not only applicable to manufacturing but also applied to critical infrastructure such as power and oil & gas, highly aligned with Ta Ya Group's energy business. "In recent years, energy facilities have rapidly moved toward intelligence. The cybersecurity protection of power plant OT systems has become increasingly important. TXOne's solutions can protect power plant OT systems, thereby enhancing critical infrastructure resilience. This complements Ta Ya's development in energy storage systems." Additionally, Ta Ya places great emphasis on information security management. In 2022, it passed certification from SGS Taiwan and obtained the ISO 27001 Information Security Management System (ISMS) certificate, ensuring that all Ta Ya employees implement the confidentiality, integrity, and availability of information security management in daily information operations.

Accelerating International Expansion, Creating Win-Win Vision

       For TXOne, Ta Ya Group's capital injection will help promote upcoming business expansion. Liu Rong-tai revealed: "Currently, TXOne's revenue ratio between Europe/America and Asian markets is approximately four to six. We believe the former, particularly the U.S. market, still has greater growth potential." Regarding market development, TXOne will continue to strengthen technical capabilities and expand the application breadth of solutions, hoping to achieve revenue scale of $100 million in 2025.

       Overall, the cooperation between Ta Ya Group and TXOne Networks embodies both parties' common vision in the intelligent era and demonstrates Ta Ya's diversified positioning in innovative technology fields. Ta Ya not only continues to cultivate deeply in the energy chain industry but also invests in startups, committed to creating second and third growth curves. Through this cooperation, Ta Ya's investment will help TXOne Networks expand market leading advantages, while TXOne Networks' enormous growth potential in the OT security field will accelerate Ta Ya's third growth curve, becoming a paradigm of cross-domain win-win cooperation.

Full article source: : Business Today   https://www.businesstoday.com.tw/article/category/183015/post/202410240034/