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  3. Oda

Norway’s leading online grocery retail platform

Oda at a glance

Oda is Norway’s leading online grocery retail platform, offering a wide range of fresh and dry food, and household products at competitive prices with home delivery to its >80k Norwegian customers. Oda’s mission is to be the most efficient and sustainable online grocer in the world, leveraging its best-in-class operational efficiency and its already superior food waste reduction compared to traditional grocery retailers.

Revenue
EUR 296m
Location
Norway
Investment theme
Sustainable Food

How does Oda help?

Reality today

Our food value chain is inefficient, with unnecessary food waste, significant transportation emissions, and unsustainable customer food choices.

Approach

Oda improves responsible consumption and production within our food system – mainly driven by operational efficiencies in its supply chain. Food waste emissions are approx. 50% lower compared to traditional grocery retailers and transportation emissions are reduced by 13% through eliminating consumer trips to and from grocery stores.

Aspirational future

A less wasteful and emission­intensive food system that supports access to affordable food.

Who is impacted?

Oda directly serves more than 80k consumers in Norway, helping them access more than 8k unique products at competitive prices. Oda’s positive environmental impacts (through reduced emissions and food waste) also have indirect positive benefits for society broadly and for the environment.

Contribution

Oda contributes to reduction of food waste and emissions through its direct operations and offers consumers access to affordable and sustainable products.

Risks

Oda has limited control of upstream and downstream value chains and customer food choices, which can be a risk towards sustainable operations and products and reduce value chain emissions.

KPI reporting

Revenue (EURm)

Change from '22-'23: -24%

2023
296
2022
261

Average last mile delivery emissions per order (kg CO2e)

Target 2026: 0.6kg CO2e

Change from '22-'23: 10%

2023
1.1
2022
1
2021
1

Average last mile refers to the emissions associated with the final transportation leg, i.e.: delivering the order to the customer.

Spoilage share of operating revenue (%)

Target 2026: 0.35%

Change from '22-'23: -0.2 ppt

2023
0.60
2022
0.80
2021
0.70

Spoilage share is the amount of food spoiled (including food donated or sold by a third party) as a share of operating revenue.

Average climate footprint of food ­ products (kg CO2e/kg)

Change from '22-'23: 0%

2023
1.7
2022
1.7
2021
1.7

Avg. climate footprint of food products is the emissions associated with the production and distribution of a food product.

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  3. Sengenics

Immunoprofiling for advanced biomarker discovery

Sengenics at a glance

Sengenics is a one-of-a-kind immune­proteomics company that leverages its patented KREX™ technology for production of full-length, correctly folded, and functional proteins. The technology is used to support pharma and academic research to advance precision medicine through an increased understanding of the autoimmune response in humans. Sengenics is currently focused on measurement of auto­antibodies for applications in autoimmune diseases, oncology, neurological conditions, and infectious disease.

Year acquired
2020
Employees
45
Investment theme
Changing Demographics

What are the challenges Sengenics addresses

  • 80%

    of patients receive no benefit from treatment with the top 10 best-selling drugs in the world
  • 9.2%

    of OECD GDP is spent on healthcare

How does Sengencis help?

Reality today

We do not understand the biology of many leading diseases and lack appropriate biomarkers, preventing us from developing effective medication and delivering precision treatment.

Sengencis approach

Sengenics proteomics technology enables biological response research at unrivalled sensitivity and specificity, helping develop more targeted, effective, and efficient diagnostics and therapies.

Aspirational future

Deeper understanding of human biology and disease allows us to develop and deliver the most effective diagnostics and treatments for patients.

Who is impacted?

Researchers are impacted directly through more effective tools to understand human biology and more effective drug development. Patients are impacted indirectly through breakthroughs in treatments.

Contribution

Sengenics unique technology and collaborative partnerships with top biopharma companies contributes to the advancement of research on how to develop more targeted, effective and efficient diagnostics and therapies.

Risks

Sengenics impact depends in part on how its customers in biopharma choose to use its tools. Product quality is also fundamentally important, enabling reproducibility in research and precise, safe innovation in therapies.

SDG alignments

  • Good health

KPI reporting

Accumulated no. of publications

Change from '22-'23: 28%

2023
51
2022
40
2021
31

Accumulated no. of publications measures the total publications produced using Sengenic’s technology and thereby contributing to precision medicine.

Data points generated

Change from '22-'23: 117%

2023
26m
2022
12m
2021
9m

Data points generated measures the total count of individual pieces of data on proteins or autoantibodies generated within a year.

Number of samples profiled

Change from '22-'23: -5%

2023
4611
2022
4833
2021
4090

Number of samples profiled quantifies the total count of biological samples analyzed or characterized within a year.

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  3. G-CON Manufacturing

Cleanroom Solutions for Advanced Technology Industries

G-CON at a glance

G-CON innovates and delivers unrivalled cleanroom solutions for advanced technology industries with speed, certainty, and sustainability. G-CON designs, builds, and installs pre­fabricated cleanrooms PODs for pharma biotech companies providing a fully functional clean room that is easy to install, has a lower total cost of ownership, faster delivery times, and more consistent quality. G-CON acquired Plasteurop to further its footprint into the site-installed clean components market, providing components for the life science, semi-conductor, and battery market, expanding our offering and market opportunities.

Location
United States
Employees
247
Investment theme
Changing Demographics

What are the challenges G-CON addresses

  • ~ 25x

    more energy is consumed by cleanrooms than non-classified spaces of comparative scale
  • ~ 1-3

    years average time from project conception to drug availability on the market

How does G-CON help?

Reality today

Cleanroom construction for advanced technology is complicated, and the process of designing, sourcing and building a facility is complex and inefficient, resulting in unreliable delivery schedules and budgets.

G-CON approach

G-CON’s portfolio of modular and PODular solutions reduces variability and lead times, while providing the highest quality and certainty of cost and schedule for facility projects.

Aspirational Future

The rapid and reliable deployment of manufacturing capability in advanced technology industries through industry adoption of prefabricated facility solutions that are responsibly produced, efficient in operation and have durable value that encourages re-use.

Who is impacted?

Advanced technology industry manufacturers are impacted directly through more rapid and efficient deployment of cleanroom facilities to provide infrastructure and capabilities to support their critical operations.

Contribution

G-CON’s innovative cleanroom solutions disrupt traditional lengthy and inefficient on-site construction approaches, contributing to the ability of critical industries to develop, manufacture, and distribute advanced technology products more rapidly.

Risks

G-CON’s impact on advanced technology manufacturing is dependent on two key drivers: 1: increased adoption of prefabricated, and modular cleanroom solutions and 2: industry funding and investment in new facility infrastructure to support capacity requirements.

SDG alignment

  • Good health
  • Innovation and infrastructure

Impact KPIs

Total recordable incident rate

2023
2.7

Total recordable incident rate measures the frequency of workplace incidents resulting in injury, illness, or other recordable events per total number of hours worked.

Total cleanroom space (sqm)

2023
53812

Total cleanroom space (sqm) measures the total manufacturing area in square meters, ­ dedicated to cleanroom facilities within advanced­ technology industries.

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  3. Axion Biosystems

Instruments for customers in biopharma and academia

Axion at a glance

Axion Biosystems (“Axion”) is a global life science tools business headquartered in the US that develops, produces, and markets BEA (Bioelectronic Assay) and live-cell imaging instruments for customers in biopharma and academia. Axion’s products enable scientists to understand cell function in real-time, enabling research and the development of new therapies across various pharmaceutical segments (e.g., cell and gene therapies).

Location
United States
Employees
232
Investment theme
Changing Demographics

What are the challenges Axion addresses

  • 1in 6

    deaths are due to Cancer globally, making it one of the leading causes of death worldwide.
  • ~$ 1.3bn

    average cost of getting a new drug onto the market.

How does Axion help?

Reality today

The live-cell perspective is not fully integrated in the development of therapies and scientists need better tools to understand cell function to target diseases and drive patient outcomes.

Axion approach

Axion enables multi-dimensional, inter­operable live-cell analysis to improve drug discovery and development, driving breakthroughs in cell and gene therapies, ultimately leading to superior health outcomes.

Aspirational future

Faster, more accurate and cost-efficient drug discovery and development for precision medicine through real-time understanding of cell functioning and enablement of cutting-edge fields within biotechnology and medicine that address various medical conditions such as cancer, genetic disorders, and autoimmune diseases.

Who is impacted?

Researchers and biopharma are impacted directly by gaining insights through more effective tools that increase the understanding of cell functions. Patients are impacted indirectly through breakthroughs in treatment developments.

Contribution

Axion enables academia and biopharma to gain insights into cell function, and thereby contributes to speeding up the time and increasing the quality of critical drug development.

Risks

Axion’s impact depends partly on how its customers in academia and biopharma choose to use its tools. Engaging with customers can help to ensure that the research and innovation it enables translates into patient outcomes downstream.

SDG alignments

  • Good health
  • Innovation and infrastructure

KPI reporting

Number of publications

Change from '22-'23: 15%

2023
204
2022
178
2021
158

Number of publications measures the quantity of publications produced using Axion’s products, indicating contribution to research output on cell functioning.

Number of systems sold to Cell Gene Therapy (“CGT”) companies

Change from '22-'23: 23%

2023
27
2022
22
2021
12

Number of systems sold to CGT companies measures the enablement of companies operating in this cutting-edge field of biotechnology.

Number of experiments run

Change from '22-'23: 8%

2023
853k
2022
790k
2021
652k

Number of experiments run quantifies the total count of scientific or research experiments­ conducted within a year, using Axion’s technology.

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  3. myneva

Software solutions provider for the social sector

myneva at a glance

The myneva Group is one of the leading European software providers for all areas of social services. With over 290 employees, more than 3,900 customers and serving around 1,500,000 clients with its software solutions in the social sector, myneva covers the entire social sector from care for the elderly, integration assistance, child, and youth welfare to social assistance. As the only software provider in this sector, myneva is currently active in eight European countries (Germany, Netherlands, Finland, Austria, Switzerland, United Kingdom, Luxembourg, Belgium)

Year acquired
2021
Revenue
EUR 53m
Location
Germany
Employees
389
Investment theme
Tech-Enabled Resilience

What are the challenges myneva addresses

  • 13%

    of Europeans aged 80+ in 2070, up from just 4.9% in 2016.
  • 70%

    increase in the share of EU GDP spent on long-term care between 2016 and 2070.

How does myneva help?

Reality today

A growing and aging global population is putting increasing pressure on care provision, with risks to quality and outcomes for long-term care, youth care, and disability care due to significant labor shortages.

Myneva approach

myneva’s mission is to support carers with first-class solutions and expertise that make their care work easier and simultaneously improve time spent by caregivers to the quality of life of those in need of care.

Aspirational future

Long-term care is more effective, efficient, and accessible, with improved health and wellbeing for the elderly, disabled, and sick people.

Who is impacted?

Patients are impacted through higher quality, better organized, digitized care where myneva’s software streamlines administrative processes and thus enables caregivers to spend more time per patient. Caregivers are also positively impacted through a more positive, better organized caregiving experience.

Contribution

myneva’s software solutions support caregivers in their daily work and thereby contribute to shape and accelerate high-quality, efficient care delivery in Europe.

Risks

myneva works to minimize data security risks by using strict routines and protections for personal data. The impact of myneva’s solutions also depend on effective implementation and use from care organizations, which can be ensured by proper implementation and onboarding.

SDG alignments

  • Good health
  • Economic growth
  • Reduced inequalities

KPI reporting

Revenue (EURm)

Change from '22-'23: 6%

2023
42
2022
40
2021
40

Patients treated through myneva systems and solutions

Target 2030: 2.5m

Change from '22-'23: 0%

2023
1.53m
2022
1.52m
2021
1.22m

The number of patients benefiting from­ caregivers reduced time spent on admin.

Caregivers engaged through myneva systems and solutions

Target 2030: 839k

Change from '22-'23: 3%

2023
451k
2022
439k
2021
421k

The number of caregivers enabled to reduce time on admin.

Admin time saved by caregivers per day through myneva systems and solutions (hours)

Target 2030: 418k

Change from '22-'23: 2%

2023
224k
2022
219k
2021
210k

This KPI indicates the potential time spent conducting care instead of admin.

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  3. Infobric

We help build a better world

Infobric at a glance

Infobric is a construction software company with the purpose of enabling a safe, resource-efficient, and sustainable construction industry. The company offers end-to-end construction software for workforce-, contractor-, equipment- and asset-management. The company was founded in 2004 and has become the market leader in Sweden, Norway, and the UK by delivering high-quality solutions. Infobric has also started to build a presence in several other countries.

Year acquired
2019
Revenue
EUR 62m
Location
Sweden
Employees
310
Investment theme
Tech-Enabled Resilience

What are the challenges Infobric addresses

  • > 20%

    of all fatal accidents at work in the EU occurs in the construction industry
  • 1%

    productivity growth in construction sector in last two decades is lowest among all industries

How does Infobric help?

Reality today

The construction industry is defined by high rates of workplace accidents, limited labor rights, and slow growth and low efficiency compared to other industries.

Infobric approach

Infobric’s digital solutions radically improve the management of construction workers and equipment, helping reduce workplace accidents, fraud, and undocumented labor, while contributing to drive environmental impact for customers.

Aspirational future

The construction industry is safe and supportive for workers, sustainable for the environment, and free of fraud with a higher degree of productivity.

Who is impacted?

Construction workers, including full-time and contract labor, are protected when companies use Infobric’s solutions. Society at large also benefits as the construction industry adopts less fraudulent and more sustainable practices.

Contribution

As one the most prominent players within construction tech in Northern Europe, Infobric is uniquely positioned to support the transition in the construction industry towards safety, efficiency, and sustainability.

Risks

Infobric manages personal data, making safeguarding data privacy and security paramount. While unlikely, the illicit use and back-solving of the software are potential scenarios for non-compliance with legislation.

SDG alignments

  • Economic growth
  • Innovation and infrastructure
  • Peace and justice

Press release

Summa Equity announces the sale of its majority stake in Infobric to Stirling Square

Stockholm, 21th June 2023: Summa Equity, a purpose-driven thematic investment firm, today announces the sale of its majority stake in Infobric, a leading provider of software solutions for the European construction industry, to Stirling Square Capital Partners (“Stirling Square”) a pan-European mid-market private equity firm.

KPI reporting

Revenue (EURm)

Change from '22-'23: 8%

2023
62
2022
57
2021
51

Number of construction sites using­ Infobric’s Waste and Emission module

Target 2030: 50% of HMSREGs customers to utilize waste or emissions solution

2023
43

The number of sites utilizing the Waste and Emission module, helps assess the impact of­ environmentally responsible construction practices.

Number of safety inspections made on site

2023
39056

This measures the total count of safety­ inspections conducted on-site by clients,­ enabled by Infobric’s tools.

Number of control objects under scrutiny in Infobric Supplier Control system

2023
200089

This KPI tracks the number of suppliers (sub-contractors) that are actively monitored within the system

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  3. Documaster

Enabling digital compliance

Documaster at a glance

Documaster is a Norwegian digital records management company with core competencies in digitization, compliant document management, and cloud-based archiving of valuable data primarily for the public sector. The company offers solutions that enable organizations to document, process, preserve, and easily access data through a system-agnostic archiving core that is compliant with EU and local regulations.

Year acquired
2017
Revenue
EUR 12m
Location
Norway
Employees
156
Investment theme
Tech-Enabled Resilience

What are the challenges Documaster addresses

  • ~ 20%

    of data breaches involve data mishandling
  • USD4.24m

    reported as the average cost of a data breach globally

How does Documaster help?

Reality today

Public and private sector organizations suffer data breaches and loss due to outdated information management systems.

Insufficient data management is a source of great loss for business and society. Unless information is properly digitally archived and processed, public and private organizations can suffer from data privacy issues, transparency challenges and inefficiency.

Documaster approach

Documaster’s digital management and cloud-based solutions strengthen the ability of users to easily access, store, and find critical documents and data.

Aspirational future

Aim to be the leading public sector provider of archive and document management solutions in Northern Europe, enabling our customers to store their valuable documentation compliantly while also allowing them to organize and access it easily and efficiently.

Who is impacted?

Society benefit as data breaches are prevented and personal data is protected. Furthermore, organizations can ensure regulatory compliance, strengthen democracies, security, and transparency, and minimize the very severe risks of data loss.

Contribution

Documaster contributes to increased security of documentation management and enables its customers to comply with regulatory requirements that aim to protect personal data and prevent data loss.

Risks

Documaster handles public-, sensitive-, secure and secret data across several sectors and tiers of governmental agencies will need to continue to invest in bolstering its capabilities to avoid breaches.

SDG alignments

  • Economic growth
  • Peace and justice

KPI reporting

Revenue (EURm)

Change from '22-'23: 15%

2023
12
2022
10
2021
7

Data sources per customer

Target 2030: 10

Change from '22-'23: 42%

2023
3.7
2022
2.6
2023
2.4

This KPI tracks the average number of different data sources customers integrate by using Documaster’s platform.

Governmental organizations compliant with Noark 5

Change from '22-'23: 9%

2023
378
2022
346
2021
330

Measures the number of governmental organizations that have achieved compliance with the demanding Noark 5 standard using Documaster’s solutions.

Document size (TB)

Change from '22-'23: 24%

2023
854.8
2022
690.6
2021
552.4

The total volume, in terabytes, of all documents managed by customers using Documaster’s services.

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  3. Intix

Pure-play financial transaction insight engine

Intix at a glance

Intix is a global leader in transaction data management, enabling financial institutions to monitor and manage their financial data through a single window. The Know-Your-Transaction (KYT) platform provides real-time access, visibility, and transparency to all financial data, allowing seamless search, analysis, and decision-making. This improves operational efficiency and reduces costs, while helping clients navigate the complexities of financial data management and analysis.

NetGuardians was acquired by Summa Equity in September 2024. NetGuardians is a leader at the forefront of AI-driven fraud prevention and anti-money laundering (AML) solutions, underpinned by its proprietary 3D AI technology. This cutting-edge technology enables the protection of individuals and businesses. By analysing user behaviour and identifying unusual payment transactions in real-time, NetGuardians’ solutions significantly reduce false positives and ensure legitimate transactions are processed smoothly.

Intix and NetGuardians will collaborate and form a group to create the next generation financial crime solution. Intix’s expertise in financial data management will amplify NetGuardians’ cutting-edge technology, introducing plug-and-play AI analytics built on a standardized data foundation. In doing so, the new group will accelerate progress toward a shared goal of combating illicit financial flows, protecting individuals and businesses, and fostering an economy of trust.

Year acquired
2022
Revenue
EUR 6m
Location
Belgium
Employees
57
Investment theme
Tech-Enabled Resilience

What are the challenges Intix addresses

  • USD 2tn

    money laundered globally
  • Up to USD 281bn

    laundered from environmental crime annually

Key developments from Intix in 2023

2023 further strengthened Intix from a recruitment perspective with a new Executive Chairman, CEO and CTO, as well as commercial and technical aspects. The go-to-market strategy was reviewed, and Intix continued its traction with existing customers, with ~116% Net Revenue Retention (“NRR”) and new customers in the pipeline. A new partnership with FIS, a global Fintech leader, was signed, focusing on bringing Intix’ technology on indexing, archiving, cross­component search, real-time channel access and reporting to FIS’ over >220k customers.

Impact dimensions from Intix

How does Intix help?

Reality today

Illicit financial flows undermine political and economic security around the world. Banks often utilize manual processes and/or software with low scalability to detect and hinder fraud and remain compliant, raising the costs and effort required while and making it easier to make fraudulent transactions.

Intix approach

Intix transaction monitoring tools help financial institutions view archived and indexed transaction data and monitor and track transactions to detect discrepancies and raise alerts in real time.

Intix’ solution enables financial institutions to detect and hinder fraudulent transactions and money laundering performed by criminal actors and authoritarian governments.

Aspirational future

A compliant, secure, and globally accessible banking and payment structure to ensure financial stability and prosperity. One which is free from illicit financial flows, thereby hindering authoritarian governments and criminal actors to launder money and perform fraudulent transactions.

Who is impacted?

Society benefits as illicit financial activity is reduced and the cost and speed to regulatory compliance gets lower. Their solutions hinders fraudulent transactions and money laundering performed by criminal actors and authoritarian governments. Additionally, banks can use Intix technology to improve internal financial controls, and trace payment flows, raising trust in regulators, customers, and depositors.

Contribution

Intix contributes to decreasing fraudulent transactions and money laundering by enabling financial institutions to track millions of transactions daily and detect irregularities.

Risks

Technological efficiency risk and scaling globally.

SDG alignments

  • Economic growth
  • Reduced inequalities
  • Peace and justice

KPI reporting

Revenue (EURm)

Change from '22-'23: 9%

2023
6
2022
5.50

Total searchable entries

Target 2029: 20bn

Change from '22-'23: 33%

2023
8bn
2022
4bn

The overall count of data points that can be viewed and analyzed using Intix’s Transaction Analytics Platform leading to less fraud / leading to fraudulent transactions being detected.

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  3. STIM

The aquaculture industry’s largest quality supplier of fish health products and services

STIM at a glance

STIM is the aquaculture industry’s largest quality supplier of fish health products and services, with several ground-breaking innovations under its belt.

STIM strives for a holistic perspective, building on the experience from vaccines and pharmaceuticals with the expertise that lies in its broad range of services in fish health services, marine environmental surveys, support for area applications and plans, as well as regulatory advice.

After 33 years side by side with the aquaculture industry, STIM is in a unique position as a supplier of both expertise, products, and services – all the way from planning to processing. STIM is established in Norway, Chile, UK, USA, Canada, Iceland, and China.

Year acquired
2024
Revenue
NOK 1,610m
Location
Norway
Employees
70
Investment theme
Sustainable Food

What are the challenges Stim addresses

  • USD ~2.2b

    in revenue loss for salmon farmers from mortality and downgrades
  • >15%

    fish mortality in salmon farming
  • 4x

    increase in fish farmers biological cost since 2005

How does STIM help?

Reality today:

With its low carbon footprint, scalability and high feed efficiency, aquaculture is one of the key building blocks of a future sustainable food system. Yet, as a relatively young industry it also has some key challenges related to fish welfare and mortality – for instance, fish mortality in salmon farming is over 15%, a number which has been steadily increasing during recent years.

STIM approach:

For over three decades STIM has contributed to a more sustainable aquaculture industry by providing access to disease prevention and treatment, promoting sustainable farming practices, and championing transformative innovations that have improved fish health, growth, and profitability. This is supported by STIM’s strong position in all key aquaculture markets, and through its knowledgeable teams and unique cross-disciplinary competence.

Aspirational future:

STIM’s vision is an efficient and sustainable aquaculture industry where its main biological challenges are solved, and continued investments in fish health competence and new innovations are continuing to drive significant improvements in fish welfare and farming practices.

Who is impacted?

STIM ensures that salmon farmers worldwide have the required toolbox of products and services to support sustainable farming practices, ranging from disease prevention measures such as vaccines, to marine environmental surveys. In the process improving the efficiency of their farming operations, lower operating costs, and improving fish health and welfare.

What are the impact considerations?

Additionality:

Without STIM, salmon farmers would not have the required tools, competencies, or innovative capabilities to combat the increasing and more complex biological challenges they are currently facing. This would inadvertently lead to increased financial and operational losses, slowing the transition to a sustainable food system for the population at large.

Risks:

As part of the salmon farming process takes place in the ocean, any irresponsible farming practices or use of treatment products could have unwanted and adverse effects on the surrounding ecosystems.

SDG alignments

  • Zero hunger
  • Life below water
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  3. FAST LTA

Highly secure and compliant data storage and archiving technology solution

FAST LTA at a glance

Fast LTA is a leading German solution provider for high-security archiving, storage, and recovery of business critical and sensitive personal data. The company offers both long-term archiving and backup solutions for small to enterprise customers with requirements for robust data integrity, compliance assurance, protection against data manipulation and against ransomware.

Year acquired
2024
Revenue
EUR 25m
Location
Germany
Employees
~100
Investment theme
Tech-Enabled Resilience

The challenges we face:

  • +80%

    rise in ransomware attacks in the global healthcare sector in 2023
  • 90%

    of European critical industry actors have experienced at least one cybersecurity attack in the past two years

How does FAST LTA help?

Reality today:

Given the increase in volume and complexity of data sets, the stricter regulatory environment, and increasing sophistication of ransomware attacks, companies in critical industries (such as healthcare or the public sector) require a highly secure data storage and recovery solution to i) prevent data loss in case of a ransomware attack, and ii) be compliant with data storage regulations in their industry. Also, given the growing need for data processing and storage, which have a material contribution to climate change due to the electricity required to store and archive data, all sectors will need more energy efficient storage solutions to mitigate climate consequences.

FAST LTA’s approach:

By offering their solutions to clients with highly sensitive data (e.g., public sector, healthcare), Fast LTA ensures strong protection against data losses caused by ransomware attacks on data archives and backup protecting sensitive business and personal data; thereby contributing meaningfully to protecting the fundamental human right to data protection and privacy (e.g. through WORM technology on controller level). Additionally, Fast LTA’s offering has the potential to contribute to customers’ energy savings through technologies such as Air Gap, enabling hardware to go off the grid when data does not need to be accessed (thereby powering down, leading to zero energy required).

Aspirational future:

A more resilient society and infrastructure where individuals and businesses are protected from cybercrime and recovery times after an attack are significantly shortened.

Who is impacted?

As many companies in critical industries / governmental institutions store highly sensitive data about employees, clients and patients, individuals significantly benefit from increased security of sensitive personal data and reduced risk of falling victim to malicious attempts to access said data. Furthermore, business critical information can be protected and restored promptly, thereby ensuring continuity and resilience in case of an attack or other incidents.

Contribution

Fast LTA clients are companies in critical industries or governmental institutions that work with sensitive data and are therefore often targeted by ransomware attacks – through Fast LTA’s solutions they prevent data losses and business disruptions. Furthermore, clients benefit from the replication-based disaster recovery solution allowing them to continue operations even in case of the destruction of the physical server (e.g., flooding in Germany in 2021).

Risks:

Issues resulting from human error, such as misconfiguration during setup, improper management of encryption keys, or weak access control could lead to vulnerabilities.

 

SDG alignments:

  • Innovation and infrastructure
  • Peace and justice