Two WND companies selected for 2024 IT application innovation solutions list

WND company IdeaBank specializes in cryptographic technology. [Photo/WeChat account: kechuangxinwu]

Two companies from Wuxi National Hi-Tech District (WND), IdeaBank and Realid Technology were selected for the 2024 shortlist of information technology application innovation solutions released by the Cybersecurity Industry Development Center of the Ministry of Industry and Information Technology.

Founded in 2001, IdeaBank is a high-tech enterprise specializing in cryptographic technology research, secure IoT systems, and classified information systems. Its self-developed "Cryptographic Solution for the Electronic Labor Contract Public Service Platform" stood out from 1,324 entries submitted by 1,040 organizations nationwide. This achievement marks a significant recognition of IdeaBank's technical strength in data security.

A booth of Realid Technology. [Photo/WeChat account: kechuangxinwu]

Realid Technology is a company focused on high-precision positioning technology. It provides one-stop personnel positioning solutions for industries such as petrochemicals, smart factories, and smart cities. Its self-developed "Industrial Internet + Safety Production Positioning and Perception System" enables precise indoor and outdoor positioning of personnel in industrial environments.

With features such as real-time location monitoring, electronic fencing, smart alerts, and trajectory playback, it has been adopted by nearly 4,000 factories in high-risk industries like petrochemicals, power plants, and steel mills, significantly reducing accident risks and improving operational efficiency.