BANGALORE: e2e systems solutions has rolled out Livedoc, a security solution
for the B2B market. The product is developed using the combined technologies of
PKI (Public Key Infrastructure) and XML (Extended Markup Language).
The product has three versions, Livedoc Communicator, Livedoc Server and
Livedoc Workflow. While the communicator version enables creating, editing,
digitally signing and sending business documents in XML format, the server
version is a XML web server that serves up XML documents.
The latter interacts with the communicator client to manage official
documents residing on an employee's workstation, routing all documents through
workflow automation.
"As PKI is an accepted standard for digital signature and XML, a
commonly used B2B language, we have combined both the technologies in building
the product. We provide companies with a platform to reap the advantage of B2B
on the net through Livedoc. It is probably the country's first e-biz browser
incorporating XML and PKI," said the company's founder and CTO, Santosh
Rajan.
The software also verifies the integrity of the document, reduces delays and
integrates to an existing ERP system to optimize the benefits and reduce costs.
Commenting on the market opportunity, e2e systems, director for sales and
marketing, Sunil Kanaran, said, "As per IDC reports PKI sales is predicted
to top $7 billion worldwide by 2004. Market analysis firm Datamonitor has
projected $3.5 billion in total US and European revenues from PKI products and
services by 2003. According to our in-house survey we have pegged the Indian
market to be at the size of Rs 500 crores by 2004."
The company plans to end its first financial year with Rs 6 crore revenues
from its sales of Livedoc and gather Rs 40 crore in 2003-04 fiscal. It is
targeting the banking, financial, manufacturing, e-governance and healthcare
segments.
To penetrate the Indian market, the firm is partnering with Top 5 Indian IT
companies, basically strong in marketing and reach, to market its products to
the market. Similarly, the company is also looking at the international market
through tie-ups and partnerships with global firms.