Liqwid Krystal unveils rRapid Suite

BANGALORE: Liqwid

Krystal, a provider of software solutions for the online learning space,

today announced the launch of a corporate learning and assessment solution

called rRapid Suite. With this product, the company, which until now focused on

the international market, hopes to get a foot in the door of Indian IT

companies.

Explaining the features of the new product, Anand Adkoli, co-founder and CEO,

Liqwid Krystal, said, “rRapid Suite is relevant at three stages in an employee's

learning cycle-during corporate induction training, during the time on the bench

and while on projects. The solution has learning, assessment and certification

components and can be used to train employees on IT, business and soft skills.”

RRapid Suite is a platform, which is specifically decided for online

learning and assessment. It covers an extensive courseware of over 20,000

courses, 5000 books and 200 tests. The solution is integrated with CodeSaw that

enables hands-on learning of programming skills.

Adkoli said that current training processes does not have a structured format

and that Liqwid Krystal's new offering could help customers make their

employees billable as soon as they can. The company plans to offer flexible

engagement models for customers ranging annual subscriptions per user to an ASP

model. Adkoli also said that he plans to retail the software in the near future.

The company has deployed pilots of the new software in 23 companies of which

six IT companies have signed up. Five more customers are in the pipeline and are

expected to sign on in the next quarter.

On the revenue front, the company aims to close this year with $5 million.

Its 2005 revenues stood at $2.6 million.

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