Friday, 14 March 2014
QuintessenceLabs named Australia’s most innovative small company by AIIA
2013 ACT Emerging Exporter winner QuintessenceLabs has added another title to its belt, being named Australia’s most innovative small company by the Australian Information Industry Association (AIIA).
The prestigious recognition resulted from a comprehensive national study of the innovation culture of organisations conducted for the AIIA by the University of Technology, Sydney (UTS). The study, led by Professor Steve Burdon from the UTS, examined ten requirements for a superior culture of innovation including vision, integration of innovation, adaptability to change, inclusive culture and action orientation.
Dr Vikram Sharma, Founder and CEO of QuintessenceLabs said “We are honoured to have received this recognition and are deeply grateful to the AIIA and UTS”.
“As Professor Burdon noted, the research recognised organisations for their development of a culture supportive of the development and execution of good ideas, taking measured risks and focused on growth. I am privileged to work with a team that embraces these traits.”
Canberra-based QuintessenceLabs is a Quantum Cyber Security company and the world’s first to harness the quantum properties of lasers to deliver a new generation of cryptographic protection for data.
Through combining information communication technologies with the laws of quantum physics, they work to protect digital information for the purposes of national security and the economic prosperity of a variety of businesses and industries.
Earlier this year the company successfully completed a global capital raise and established a team in the United States.
“QuintessenceLabs’ advanced data security solutions are experiencing strong demand from federal and enterprise customers”, said Dr Sharma.
”Our recent successful fund raise has enabled us to appoint a high calibre leadership team to drive growth in North America.”
This success comes after QuintessenceLabs won the Emerging Exporter Award at both the 2011 and 2013 ACT Chief Minister’s Export Awards. Read more about QuintessenceLabs and the ACT Chief Minister’s Export Awards.