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CryptoNext Named IDC Innovator 2024

Paris, September 25, 2024. CryptoNext Security has been named IDC innovator as post-quantum cryptographic (PQC) vendor for 2024.

This distinction given by the analyst firm IDC highlights five up and coming companies that offer transformative, long-term solutions which help organizations protect legacy data and infrastructure with from the risk of a potential quantum cyberattack.

The “IDC Innovator 2024” award recognizes CryptoNext Security’s expertise and approach, positioning itself at the forefront of post-quantum cryptography since its creation in 2019. This recognition comes at a crucial time, as the first post-quantum cryptography standards were recently validated and published by the National Institute for Standards and Technology (NIST) in August 2024, along with a recommendation for organizations to begin transitioning to post-quantum as soon as possible.

Florent Grosmaitre, CEO of CryptoNext Security, states, “We are proud to be named an IDC Innovator. This award highlights our approach of offering state-of-the-art remediation solutions to enable organizations to protect themselves from the quantum threat while remaining crypto-agile.”

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About CryptoNext Security
CryptoNext Security is a European software vendor based in Paris, an industry leader in quantum-proof cryptography (PQC) solutions. Our vision and the solutions we are developing are designed to manage the complete lifecycle of post-quantum migration, including the phases of discovery, remediation, and management. Founded in 2019 after 20+ years of academic research within the prestigious INRIA, CNRS and Sorbonne University,CryptoNext Security is identified by Gartner as part of its Top 5 in PQC and is, to date, the first European company selected by NIST’s NCCoE group dedicated to the best PQC migration practices. We are developing an integrated, quantum-safe remediation suite allowing for the automation of PQC migration forIT/OT systems, infrastructures and applications. Our objective is to help businesses and HW/SW vendors face the quantum threat in an efficient, agile and sustainable way.

 

About IDC Innovators

An IDC Innovators report presents a set of vendors – under $100M in annual revenue at the time of selection – chosen by an IDC analyst within a specific market that offer a new technology, a groundbreaking solution to an existing issue, and/or an innovative business model. It is not an exhaustive evaluation or a comparative ranking of all companies, but rather a document that highlights innovative companies in a specific market segment. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc.


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