BANGALORE: It’s yet another technology success story from India. A group of 25 engineers led by K L Muralidharan, a veteran with two decades of IT experience, has developed `Vaakya’, a patent-pending architecture/framework for development of distributed software applications for enterprises.
Speaking at the launch of the product today, K Sudarsan, director of Vaakya Technologies, said, “Vaakya has been developed with the sole purpose of simplifying design, coding and deployment of rich client software applications. The new framework reduces technical complexities of programming and simplifies coding, by providing built-in features like automated transaction management, concurrency, memory management and user-interface controls.”
Meanwhile, the company has also received US$2 million investment from a Singapore-based venture capital firm. According to company officials, N Kumar, vice chairman of the Chennai-based Sanmar group has invested in the company in his personal capacity.
Vaakya Technologies, which started its operations in Bangalore as `Young Soft’, took three years to release the product. “We didn’t want to take the software services route. We wanted to be in the product space and with Vaakya, we are the first Indian company to release a architecture framework. We are yet to price our product, however, Vaakya would offer over 30 per cent cost advantage over other proprietary software architectures,” said Sudarsan.
The company is targeting consumer, enterprise, mobile and small and medium business initially for its product. So far, the company has filed four patents for technology and business models including Vaakya.
Vaakya business application framework provides a complete integrated suite of infrastructure and framework components, including an IDE (integrated development environment); database; web application server; graphics engine; communications interface; and client and server components, at less than 1.5 MB.
This framework is compatible with Windows, Linux and FreeBSD operating systems and can be used on desktop PCs, servers and handheld devices like PDAs and mobile phones.
The company is offering this software on service subscription model as well as a license model.
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