Driving Innovation
The NXTKey Labs Difference
Standards enabling Innovation
While most companies today have the word innovation in your tag line or mission statement, NXTKey Labs believes in plugging in innovation driven processes and procedures into every aspect of our services. With that NXTKey is very proud to be among the few companies in the world to voluntarily adopt the ISO 56002 standard for innovation management.
ISO 56002 covers all aspects of innovation management: from the inception of an idea to its implementation on a global scale. Adopting this standard will help NXTKey Labs consolidate our governance, increase the effectiveness of innovation, create the conditions for a widespread innovation culture and foster the emergence of new value propositions.
Innovation Management
NXTKey Corporation is one of the few companies in the world to be certified in ISO 56002.
The adoption of the ISO 56002 standard is part of the broader strategic implementation of NXTKey’s Innovation Plan for the coming years.
For organizations, the capacity for innovation cannot be separated from the capacity to understand and respond to the changing conditions of its context, to pursue new opportunities and to exploit the knowledge and creativity of people within the organization and in collaboration with external stakeholders. An organization can only innovate more effectively and efficiently if all the necessary activities and other interconnected or interacting elements are managed as a system. An innovation management system guides the organization to determine its vision, strategy, policy, innovation objectives and to establish the support and processes necessary to achieve the expected results.
Working with experts from 59 countries, the International Organization for Standardization created a new management standard in 2019 that enables companies to base their innovation management on guidelines for successful implementation in order subsequently to innovate more consistently and with less risk and to experiment cost-effectively.
This new standard combines current thinking, academic research and foremost decades of experience how management systems can effectively harness, measure and steer hard to grasp concepts such as ideas, IP, product value or customer insights and market adoptance.
The innovation management system consists of the following aspects:
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leadership, culture, collaboration
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strategy, direction and strategic initiatives
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management of risk and uncertainty
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response to change
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customer engagement
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processes and tools (system approach)
NXTKey Labs Initiatives
Cybersecurity IP
Multi Cloud Data Security
Our first solution is a multi cloud data security solution that is patent pending. This product uses a cryptographic primitive called proxy re-encryption (PRE) to achieve end-to-end confidentiality while sharing the contents for collaborative development. The goal of this solution is to securely share files and contents for existing cloud storage system by using a key-server to facilitate sharing of encrypted contents in a seamless way between two entities. Typically, the cloud storage provider and the key-server are both third-party entities and hence the user does not trust both the entities. We use a specially designed PRE scheme for this purpose, which plays a pivotal role in the key-server offering end-to-end security for encrypted contents that are stored in a cloud and shared among different entities in such a way that the cloud storage provider and the key-server are not able to decrypt the content even if they collude. This innovative solution has awarded a patent with patent number 11451523 issue date 09/20/2022.
Cyber Security Patents
NXTKey’s offers exclusive access to intellectual property in the form of patents across key technology stacks like Cybersecurity, Data Fabric, Hyper Automation, Decision Science, and AI Engineering.
NXTKey has over a dozen patents in Cybersecurity in various areas to provide a key differentiator for any Cybersecurity solution being sought by customers in defensive cybersecurity applications.
