Happiest Minds' Integrated Security as a Service [iSaaS] Platform Receives Positive Market Momentum

BANGALORE and NEW JERSEY, November 24, 2014 /PRNewswire/ --

The Platform Provides a Staggering 35% Cost Reduction in Both OpEx and CapEx in Comparison With On-premise Deployments 

Happiest Minds Technologies, a next generation IT services and solutions company, today announced that its integrated Security as a Service [iSaaS] platform that covers four critical areas, has been received well by businesses globally.

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The comprehensive platform consists of four cloud based offerings - ComplianceVigil, ThreatVigil, IdentityVigil and CyberVigil to take care of an organization's pressing security needs.

ComplianceVigil - A foundation for risk and compliance (R&C) management wherein the framework, management, automation and monitoring of the R&C is bundled into one single platform and delivered from the cloud (private or public).

ThreatVigil - An On-Demand cloud based penetration testing solution developed with a combination of industry proven automated tools and in-depth manual assessment techniques.

IdentityVigil - A Cloud based end-to-end identity and Access Governance solution for extended enterprises holistically addressing identity and access management needs of enterprise covering both on-premise application and in the cloud applications.

CyberVigil - A comprehensive cyber security platform that enables 360 degree visibility and situational awareness across security events within the organisation.

Security has become an area of strategic importance for organisations and  Gartner predicted a healthy 20% growth in 2014 in this space. According to Gartner "Areas such as SIEM (Security Incident and Event Management) and IAM offer the biggest growth potential, although for SIEM, this will be from a small base."

Given today's mandate for CIOs "to do more with less" including the limited availability of skilled resources and budget restrictions, organisations are looking at cloud-based security services to replace their current on-premise tools & solutions, which can bring substantial savings in terms of initial capital investment and maintenance.

Prasenjit Saha, CEO, Infrastructure Management Services and Security Business, Happiest Minds Technologies, said, "As an organisation focused on enabling digital transformation for customers by delivering a smart, secure and connected experience, we strive to overcome challenges differently and better. Our integrated security as a service platform is a perfect example of this philosophy. We are excited to see the positive response it has garnered as we envision 25-30% of our revenues coming from the SaaS stream."

Highlights:

- Comprehensive: Covers 4 key strategic areas

- Best of breed tools + industry standard processes & services glued together with Happiest Minds' IP

- Modular in nature, available on-demand subscription based pricing model that does not require upfront capital investment

With the digital transformation that is underway, Happiest Minds has extended its focus to 'SMAC+' technologies to also include security, IoT and M2M to help deliver 'Smart Secure & Connected' experience to its customers.

Taking the current trends and industry demands into consideration, Happiest Minds comprehensive Integrated Security-as-a-Services (iSaaS) provides the perfect platform for greater economies of scale and streamlined delivery mechanisms.

About Happiest Minds Technologies 

Happiest Minds has a sharp focus on enabling Digital Transformation for customers by delivering a Smart, Secure and Connected experience through disruptive technologies: mobility, big data analytics, security, cloud computing, social computing, M2M/IoT, unified communications, etc. Enterprises are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights, while ensuring security for data and infrastructure. Happiest Minds also offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Product Engineering Services, Infrastructure Management, Security, Testing and Consulting.

Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a $52.5 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota.

For additional information, please contact: 

Ashwini Nande, Gutenberg Communications, ashwini@gutenbergpr.com