Keycash to launch enterprise security soln

Keycash Inc, a start-up company developing enterprise security solution, is all set to launch their flagship product OSS-2002 (Organization Security Software-2002) in the market. The software will provide complete security for plant, computer network and vehicles of the organization. "The software price varies between Rs 1 to 1.5 crore (per installation) based on the applications," said Raj Sundarrajan, Managing Director, Keycash Inc.

The product comes in five variants such as OSS-2002 for SAP; for PeopleSoft; for Oracle Financials; for JD Edwards and finally the stand-alone version. "Our software works complement with the above said core packages and it ensures total security in any given organization," he said.

Keycash has tied-up with a leading hardware vendor for biometrics technology based products such as fingerprint reader, eye/face reader, GIS system and other RF products. The company is targeting large corporations, MNCs, governmental departments, banks and financial institutions, hospitality industries and other organizations where security is of top most priority.

"We have opened an office in the US for taking care of the regional market there. We expect to make a minimum of 8-10 installations in the overseas market, while in India it will be 3-5," said CR Kannan, COO, Keycash Inc.

The company has spent Rs 50 lakh in the development of the product and expects an additional investment of Rs 1 to 1.5 crore for business development activities.

"Meanwhile, we are bringing an ERP product for the SME segment which will be priced between Rs 10-25 lakh based on the modules the customer opt for," said Sundarrajan. The ERP package would hit the market in the next two months.

The company is also exploring the opportunities of tying up with leading software vendors for bundling their products.