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
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...