We are pleased to share that PQShield has been named an IDC Innovator in the IDC Innovators:Post-Quantum Cryptography, 2024 (doc #US52524924, September 2024) report.
This IDC Innovator presentation identifies five emerging post-quantum cryptographic (PQC) vendors that are providing transformative solutions enterprises can use to protect classical data and infrastructure with a long shelf value from the risk of a potential quantum cyberattack.
However, the migration process can be overwhelming. Until recently, there was very little guidance as to which PQC algorithms and technology would be most effective for certain situations. In August 2024, the U.S. Department of Commerce’s National Institute of Standards and Technologies (NIST) released the final FIPS standards for three PQC algorithms. Now, enterprises have the necessary guidance they need to begin the migration process. This IDC Innovator presentation provides a summary of some of the PQC offerings available from a select group of emerging vendors.
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.
“The advent of quantum computing is a double-edged sword, offering unparalleled compute power while posing unprecedented cybersecurity challenges. The transition to post-quantum cryptography may seem daunting, but with the right resources, strategic planning, and trusted partnerships, enterprises can ensure the protection of sensitive data against future quantum cyberattacks.” — Heather West, PhD, research manager, Quantum Computing Research Lead, IDC Information Systems, Platforms, and Technologies Group