Quantum Secure Encryption Corp Expands Global Footprint, Enters Indonesian Market
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
- Market Potential: The post-quantum cryptography market is projected to surge from $1.68 billion today to nearly $30 billion by 2034, highlighting the urgent demand for quantum security solutions and driving QSE's market opportunities.
- Global Expansion: QSE has expanded its operational presence to five countries across North America and the Asia-Pacific, enhancing its sales, engineering, and customer success infrastructure to support the rapid onboarding of institutional clients.
- Strategic Partnerships: By partnering with NUSA Networks and Porta Nusa, QSE is swiftly entering the Indonesian market, leveraging their influence in government and financial services to accelerate technology deployment.
- Technology Readiness: QSE has achieved Level 2 Certification under the CyberSecure Canada program, ensuring its technology stack is market-ready, supporting AES and NIST-recommended post-quantum algorithms, thereby strengthening its competitive edge in the secure communications market.
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Analyst Views on ACN
Wall Street analysts forecast ACN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ACN is 295.67 USD with a low forecast of 251.00 USD and a high forecast of 330.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
10 Buy
6 Hold
0 Sell
Moderate Buy
Current: 270.430
Low
251.00
Averages
295.67
High
330.00
Current: 270.430
Low
251.00
Averages
295.67
High
330.00
About ACN
Accenture plc is a global professional services company. It is engaged in providing a range of services and solutions across strategy and consulting, technology, operations, Industry X and Song. Its services include application services, artificial intelligence, automation, business process outsourcing, business strategy, change management, cloud, customer experience, data and analytics, ecosystem partners, finance consulting, Industry X, infrastructure, marketing, mergers and acquisitions, operating models, security, supply chain management, sustainability, technology consulting, technology innovation, and zero-based budgeting (ZBB). It specializes in the SAP business technology platform that designs digital products and experiences for enterprise customers, including custom portals and Web solutions and mobile applications. It provides clients with quantitative and qualitative risk management and compliance services. It specializes in advisory, management services and cybersecurity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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