NXM Labs is on the hunt for new business, arguing that its autonomous technology is the best way to deal with the practicalities of managing an IoT-scale project – that password-based systems can’t scale to these levels, and that new approaches are needed. With a chip-to-cloud offering, CTO and co-founder Jay Fallah says that NXM’s technology is the way to ensure that you can deploy, protect, and trust IoT devices in the field, at scale. Fallah explained that the name stems from ‘Next Generation Machines,’ and that NXM’s initial focus was on autonomous and connected vehicles – founded around two and a half years ago in the wake of the infamous Jeep hack. However, NXM found that the concept of…