Welcome!

News Feed Item

IUS Technologies Appoints New CEO Sang Lee, Establishes Growth and Innovation Goals

IUS Technologies, a part of the $1B Vitzro Group, is expanding its efforts to be a leader in adaptive technologies in the United States as it named Mr. Sang Lee as President and Chief Executive Officer. With a proven track record of strategic corporate management, Lee will help IUS push the transition of utilities to a stable Smart Grid in the U.S. through the continued development of next-generation solutions.

Vitzro Group has played a key role in the execution of South Korea’s efficient Smart Grid as its distribution automation technology provides an effective delivery solution. IUS looks to grow the U.S. market share by utilizing Lee’s vast leadership experiences. Most recently, he spent two years as president and CEO of Youngshin Company, Ltd., where he led a reorganization that created 30 percent growth in revenue through enhanced productivity, process innovation and streamlined product development. By guiding the creation of a global operations system, Lee helped create significant market expansion through real-time review and feedback processes. The end result was pushing Youngshin to align with major strategic goals within both the five- and 10-year vision plan he developed.

“With proven leadership and vision throughout his career, Mr. Lee has the background that we need as IUS looks to build market share,” Scott Zajkowski Head of North American Business Development said. “As we prepare for the future, his ability to execute innovative plans and reach strategic goals will be integral to our success in helping bring a reliable Smart Grid online in the United States.”

“I am excited about the opportunities ahead for IUS Technologies as it leads the way to an efficient and reliable Smart Grid in the United States,” Lee said. “Continuing to generate innovative products, along with increased value to our customers, will allow IUS to build market share and achieve our strategic goals.”

Previously, Lee was Chief Marketing Officer/Executive VP at Ceratech, a JP Morgan Partners Company, from 2006 to 2010 and President and CEO of Ault Korea Corporation from 2001 to 2005. Focusing on customer needs and market challenges, he helped Ceratech to penetrate several key markets to drive future growth through improved execution and strategic global leadership. With Ault Korea, Lee developed several forward-thinking strategic processes that streamlined the organization into a team-driven structure. His company-wide vision encapsulated four cornerstone values: strategy, culture, organization and execution.

IUS Technologies will demonstrate the VS series at the 2013 DistribuTECH conference January 29th-31st at the San Diego Convention Center, in booth 1550. To schedule a demonstration please visit http://ius-tech.com/events.

About IUS Technologies

IUS Technologies develops products that ease the progress of U.S. utilities toward a true and reliable smart grid through distribution automation. IUS’s technologies and Born Smart™ devices include smart grid sensors, distribution automation, oil degradation and load monitoring systems, power transformers and bushing current transformers. For more information about IUS Technologies, visit http://www.ius-tech.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the USA and Europe, we work with a variety of customers from emerging startups to Fortune 1000 companies.
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...