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Xage Secures Spot on CNBC Upstart 100 List for 2019

By November 12, 2019 No Comments

cnbcXage is excited to announce that we’ve been selected to the 2019 CNBC Upstart 100! Every year, CNBC compiles a list of the leading and disruptive startups across the globe. This selection recognizes Xage as one of the most innovative early-stage companies in our industry, transforming industrial IoT security. 

Of the 600+ companies nominated, we are proud to be selected to this list of the top 100 high-impact organizations. The companies selected were evaluated on eight categories, including the scalability and growth potential of their business. 

As the industrial IoT space continues to grow – reaching unprecedented heights in the next few years – security remains paramount. This honor recognizes Xage’s ability to keep pace with new challenges introduced by the IIoT and the digital transformation of operations in fast-changing industries like manufacturing, transportation, oil & gas, and utilities. Xage protects these industries from the rising tide of cyber attacks with a unique tamperproof blockchain solution, enabling a new level of automated collaboration and security. 

This CNBC Upstart award comes on the heels of the announcement of our new hierarchical fabric and supermajority consensus technology. Together, these innovations enable Xage to take this growth mindset one step further, at an unprecedented scale––securing millions, billions, or ultimately even trillions of devices and interactions. The new innovations introduce never-before-achieved on-site autonomous security, and solve issues around multi-party collaboration for industrial enterprises. 

If you’re interested in seeing the Xage solution firsthand, you can download our new easy-to-use laptop Fabric Preview demo here, and read more about our work at www.xage.com to learn for yourself why CNBC chose us for this exciting honor. 

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The current model of enterprise security is incapable of protecting Industry 4.0 with its intermittently connected, heterogeneous devices and applications, distributed across organizations and geographies. Today’s centralized IT security paradigm needs to be replaced by cybersecurity that is distributed, flexible and adaptive.