This original and invented name is well suited to a research organization.
The name "provixe" has seven characters and just two syllables. Two-syllable names are exceptionally rare and very valued. Examples of popular two syllable names include Twitter, Pocket and Facebook.
Provixe.com is a .com domain. Dot com domains are the most sought after top-level-domain in the world, famously used by websites like youtube.com. When you own a .com, it is much easier to rank for your own name in search engines.