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TRIDENT

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TRIDENT ELASTIC HSM PLATFORM

Although the use of encryption in the business is increasing, most of the data are still stored unencrypted. Companies apply improved security measures but still suffer from cyberattacks and data breaches. Even though hardware sec... see more

30/04/2020

I4P

71K€

Project Budget: 71K€

Project leader

I4P INFORMATIKAI KORLATOLT FELELOSSEGU TARSAS... No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

PARTICIPATION DEPralty Sin fecha límite de participación.

Ver 2 Participantes

Financing granted El organismo H2020 notifico la concesión del proyecto The day 2020-04-30

EIC-SMEInst-2018-2020: SME instrument

I+D

Cerrada does 5 years

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characteristics of the participant

Este proyecto no cuenta con búsquedas de partenariado abiertas en este momento.

Private Information

No hay información privada compartida para este proyecto. Habla con el coordinador.

2 Participantes

I4P

50.00K€ | Leader

DEIMOS SPACE

217.43K€ | participant

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Project duration: 4 months Date Start: 2019-12-02
End date: 2020-04-30

Project leader

I4P INFORMATIKAI KORLATOLT FELELOSSEGU TARSAS... No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Project Budget 71K€

participation deadline Sin fecha límite de participación.

Project description Although the use of encryption in the business is increasing, most of the data are still stored unencrypted. Companies apply improved security measures but still suffer from cyberattacks and data breaches. Even though hardware security modules (HSM) are the most secure options in cryptographic processing and key management, they are expensive, and their usage is limited to large entities. I4P Ltd. has developed the world’s first multi-party HSM module, which can distribute encryption keys on several devices, thus significantly reducing the security risk. Built on this HSM, I4P develops a scalable cloud-based system (TRIDENT ELASTIC HSM PLATFORM), which offers the most comprehensive crypto security services even for users with a single, entry-level HSM device. Trident platform competes both with the HSM manufacturers (e.g., Thales, nCipher, Utimaco) and the cryptographic service providers (e.g. Google, Microsoft). However, it is well-positioned with the multi-party HSM-based unique service offerings, such as the on-demand performance increase or capacity renting. Besides the large enterprises and organizations, the Trident Platform will be a perfect solution for the more cost-sensitive SMEs. Although HSM-BASED SOLUTIONS are still considered a niche market, it is one of the fastest-growing IT market segments with a CAGR of 10.9%, and an expected 1 billion volume by 2022. The use of HSM is expected to double within the next 12 months. The REVENUE comes from the sale of the HSM units and the Platform services to the value-added distributors. The revenue target for 2026 targeted €15.8M. In the SME Phase 1 project I4P would like to assess the business viability of the service platform and validate the final scalable service options to prepare the phase 2 projects. The team with 60+ years of experience in the IT security industry, and headed by Mr. Zsolt Rózsahegyi, founder of NetLock Ltd, is perfectly aligned to achieve success at the global market.

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