Welcome!

IBM Cloud Authors: Yeshim Deniz, Elizabeth White, Pat Romanski, Liz McMillan, Stefan Bernbo

News Feed Item

QuintessenceLabs in Top Three Companies Recognized at IBM's SmartCamp Global Finals

NEW YORK, Feb. 14, 2013 /PRNewswire/ -- QuintessenceLabs, the leader in quantum security technology, receives an honorable mention for impressive technology at the event held in New York City, Feb 5-7.

QuintessenceLabs, the leader in quantum security technology, was recognized as one of the global top three companies at the IBM SmartCamp Global Finals held February 5-7 in New York City. Eight companies qualified from a field of several thousand companies worldwide to participate in the event. SmartCamp brings together entrepreneurs, investors and experienced mentors to help catapult the finalists to the next stage in their companies' evolution.

"We are honored to have received this recognition and deeply grateful to IBM and mentors for supporting the program", said QuintessenceLabs Founder and CEO, Dr Vikram Sharma. "IBM SmartCamp is like the Olympics for Tech-Startups and we're delighted to have placed in the global top three companies recognized by IBM. We've benefited tremendously from SmartCamp – we've added a number of key relationships to our network, and refined elements of our strategy and business model to incorporate valuable advice from the eminent group of mentors who contributed their time to the event."

QuintessenceLabs is the world's first company to harness the quantum properties of lasers to deliver a new generation of cryptographic protection for data. This capability coupled with QuintessenceLab' advanced datasecurity platform heralds a new generation of powerful enterprise data security solutions.

"We are excited by the prospects ahead of us in 2013", said Sharma. "We plan two major corporate actions this year: to raise capital to accelerate market and technology development, and to deepen our partnership with IBM to offer powerful, globally unique solutions to address the critical issue of safeguarding valuable information."

About IBM SmartCamp
SmartCamp is an exclusive global program bringing together entrepreneurs, investors and experienced mentors who want to build a Smarter Planet. SmartCamp provides access to world-class advisors plus a direct route to seed and venture capital.

About QuintessenceLabs
QuintessenceLabs is the leader in quantum technology for cryptographic purposes including generation of True Random Numbers, Key Distribution, Key Management and Virtual Zeroisation. Our breakthrough research inbright laser quantum technology heralds a new generation of powerful, globally unique cybersecurity solutions. Visit www.quintessencelabs.com

For media enquiries contact:
Greg Singh,
Principal Technology Architect
Phone: +61-2-6125-9498
Email: press@quintessencelabs.com
Web: www.quintessencelabs.com

SOURCE QuintessenceLabs

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...