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HOME   >  CORPORATE INFO >  MANAGEMENT DISCUSSION
Management Discussion      
Securekloud Technologies Ltd.
BSE Code 512161
ISIN Demat INE650K01021
Book Value -15.89
NSE Code SECURKLOUD
Dividend Yield % 0.00
Market Cap 800.52
P/E 0.00
EPS -39.97
Face Value 5  
Year End: March 2014
 

MANAGEMENT DISCUSSION AND ANALYSIS

(The following discussion is based on the audited consolidated financial statements of 8K Miles Software Services Limited, and its subsidiaries collectively have been referred to as "the Company", reflecting the financial position in the consolidated financial statements. The financial year 2013-14 has been referred to as "the year" and the financial year 2012-13 has been referred to as "the brvious year").

INDUSTRY STRUCTURE AND DEVELOPMENTS

Cloud computing is a major technology breakthrough that has clearly caught the attention of business executives who are finding real benefits by adopting cloud computing within their organizations. Various market studies by leading research firms indicate that cloud computing is projected to grow at a CAGR of 40-60% till 2017 to reach $250-$300 billion. The reports also indicate that cloud computing is being adopted in all segments of businesses, from small and medium businesses to large enterprises and across many verticals from Retail to Manufacturing to Healthcare, BFSI, Hospitality and Media.

Business Offerings

Enterprise, SMB and Government Solutions - including NCPA Contract Vehicle

8K Miles' end-to-end, enterprise-class cloud, mobility and big data solutions are robust enough to meet the security and capacity requirements of Fortune 1000 firms but agile enough for SMBs. States and local governments can also benefit from 8K MILES National Co-operative Purchasing Alliance (NCPA) Contract vehicle to streamline cloud procurements and reduce their costs.

Secure Cloud Framework that keeps "You" in Compliance

Providing a secure cloud-based framework is 8K MILES' greatest strength - and the reason so many enterprise, government and private sector customers trust us to implement their AWS services. Our innovative framework provides the security and privacy controls you need to ensure your data is protected. With 8K MILES, you can meet compliance requirements of FISMA, PCI, HIPPA and other standards for cloud and mobility solutions.

Reliable and Elastic Enterprise-Level Mobility and Big Data Solutions to Improve Productivity

8K MILES offers turnkey Mobility/Big Data solutions that leverage the AWS cloud to seamlessly ramp up during demand spikes to maintain performance and decrease automatically during demand lulls to minimize costs. For example, our Enterprise Drop Box Solution provides a secure mobile collaboration and content management solution for your on-the-go workforce. It's built on our security framework to mitigate your risk of data leakage/loss, while providing tools for compliance reporting.

Seasoned Professional with Extensive AWS Experience

As a Company with Global brsence, 8K MILES has a team of seasoned professionals with years of specialized AWS expertise. We offer consulting, engineering and migration services to make optimal use of AWS for the business. The talent is available on demand - to scale up or down based on your brcise needs.

Accelerated Time-to-Market/Reduced Costs

As one of the very first AWS partners, 8K MILES Cloud Solutions has built a tract record of success in helping companies quickly standup an Amazon brsence so they can benefit sooner from the advantages of a secure, on demand and cost-effective infrastructure.

Secure Identity Broker Service for the Cloud

For Small and Medium Businesses (SMBs) that provide online services to enterprise customers choosing to move their applications to the cloud, 8K MILES offers a Secure Identity Broker Service. Enterprise users need seamless access to SaaS applications such as CRM, Email, HR Benefits and Expense Management. The Broker abstracts the management of Identifies from applications, providing easy last-mile SSO integration options. For Identity Providers, it offers a single federated connection to SaaS applications either hosted by cloud providers or by the service providers themselves.

An administrative web-based dashboard configures the associated Virtual Private Could (VPC) resources registers new or existing applications, synchronizes user identities, controls access to the applications.

The Identity Broker Service can also be configured to enable federation with multiple Identities hosted by Enterprises, Cloud and Social network Providers.

Features of Secure Identity Broker Service for the Cloud

a) Ease of configuration and integration with applications

b) Support for multiple Identity Federation Protocols, token translation, and Identity provisioning.

c) Synchronization of user identities

d) Mobile, web browser and rich client support

e) Scalable and elastic infrastructure.

Leadership in Outsourced Product Development

Over the last few years, we have established market leadership in Outsourced Product Development (OPD). We created this category in 2010 with an objective to differentiate ourselves from IT services companies by clearly establishing that product development is different.

Simplistically, we defined IT Services projects as those where requirements are fixed and typically known in advance and project management teams optimize the Time and Effort to get most optimal results. This development cycle is referred to as the Software Development Life Cycle (SDLC). In contrast, when working with product development companies, we observe that Product Development Life Cycle (PDLC) is significantly different.

In 2010-11, when the market was at a low and was just emerging, we interacted with nearly 15 CxOs of our customer companies. Our customers are technology leaders and are responsible for defining the technology roadmap for the future. We had very open ended conversations on technology trends and what 8K MILES could do to be relevant in the future.

We have always believed in being partners for our customers and our customers have been very open about sharing their ideas with us. It became very clear to us from these meetings that we must focus on technologies related to cloud computing, analytics, enterprise collaboration and enterprise mobility.

Over the last four years, we have executed very well to what our customers told us. Today, many companies in cloud computing, analytics, enterprise collaboration and enterprise mobility are our customers or partners. As if a major endorsement to our strategy, Gartner announced in 2012 the emergence of SMAC (Social, Mobile, Analytics and Cloud) as the foundation for next generation of technology. They further stated that the Nexus of Four Forces of SMAC will cause significant disruption in the market in the future.

To summarize, the strengths of8K Miles are:

• Our teams and the product development DNA of our teams

• Our in-depth understanding of technology, and

• The stong relationships we have with our customers who define the enterprise technology roadmap

Financial position and results of operations

8K MILES SOFTWARE SERVICES LIMITED was listed on National Stock Exchange of India Limited (NSE) in February 2014 and the Bombay Stock Exchange (BSE) around 28 years ago.

The financial statements of the Company are brpared in compliance with the Accounting Standards notified under the Companies (Accounting Standards) Rules, 2006, (as amended) and the relevant provisions of the Companies Act, 1956 With general circular 15/2013 dated September 13, 2013, issued by the Ministry of Corporate Affairs, in respect of section 133 of the Companies Act, 2013. The Company follows the revised Schedule VI as notified by the Ministry of Corporate Affairs (MCA) with effect from April 1, 2011

Share Capital

The authorized share capital of the Company as at March 31, 2014 was Rs. 15 Crores divided into 1.5 Crores equity shares of Rs. 10 each. The paid up share capital as at March 31, 2014 was Rs. 10.04 Crores divided into 1.04 Crores equity shares of Rs. 10 each. There was no change in the Authorized and Paid-up Share Capital during the year.

Reserves and Surplus

The Reserves and Surplus as at March 31, 2014 stood at 51.96 Crores as against 17.54 Crores showing a growth of 196.24%. The details of Reserves and Surplus are given in the financial statements.

Foreign Currency Translation Reserve

While consolidating the financial information of subsidiaries with the financial information of the holding company, the assets and liabilities are stated at the closing currency exchange rate and income and expenditure are stated at the average currency exchange rate. This results in foreign currency translation reserve.

Trade Receivables

Trade receivables (net of provision for doubtful debts) amounted to Rs. 13.42 Crores as at March 31, 2014 as against Rs. 13.82 Crores as at March 31, 2013.

The Company follows a policy of providing for all customer invoices outstanding for a period of180 days or more and for those invoices, which are otherwise considered doubtful, based on the management's perception of risk of collection.

There was no requirement for provision for doubtful debts to be made in the financial statement as at the end of31st March 2014.

Cash and Bank balances

Cash and bank balances amounted to Rs.4.83 Crores as at March 31, 2014 as compared to Rs.1.45 Crores as at March 31, 2013. Revenue from Operations

The revenue for the year in Rupee terms, the revenue was Rs. 44.06 Crores as against Rs. 26.14 Crores rebrsenting a growth of 68.56% over the brvious year. During the year, the growth in revenue was driven by growth in both, IP and Cloud Identity Security.

Profit Before Interest, Tax, Debrciation and Amortization

During the year, the Company reported Profit before interest, tax, debrciation and amortization of Rs. 13.84 Crores as against Rs. 5.51 Crores during the brvious year. The margin of Profit before interest, tax, debrciation and amortization increased to 31.4% during the year from 21% in the brvious year.

Debrciation and Amortization

The debrciation and amortization for the year amounted to Rs.4.3 Crores as against Rs.81 Crores, in the brvious year showing a huge increase compared to brvious year. This increase is mainly due to amortization of intangible assets procured in the recent acquisitions.

Debrciation and amortization as a percentage of revenue was 6.1% in the year as against 6.0% during the brvious year. The Company follows the Written Down Value method (WDV) of debrciation. Debrciation rates followed by the Company are based on the useful lives of the assets as estimated by the Management and are higher than the rates brscribed in the Schedule XIV of the Companies Act, 1956.

Provision for Taxation

Tax expense consists of current tax and deferred tax.

The Group is exposed to income tax in multiple geographies where it is doing business through its subsidiaries. 8K MILES Software Services Limited, the parent company is mainly liable to income tax in India.

Earnings Per Share (EPS)

Basic/Diluted earnings per share went up to Rs.6.05 per share, compared to Rs.3.95 per share in the brvious year, recording an increase of 53.2%.

Business Overview

8K Miles is a Secure Cloud Computing company focused on helping enterprise and small and medium businesses ("SMBs") integrate Cloud computing and identity security into their information technology ("IT") and business strategies. Our team of Cloud computing experts provide Cloud consulting and migration, Big Data services using Hadoop software that enables distributed parallel processing of huge amounts of data, remote infrastructure management, backup and disaster recovery services over Amazon Web Services (AWS), Windows Azure and other Cloud platforms. Our Company was a very early strategic partner with Amazon Web Services, and is currently working with Microsoft Azure, Google and IBM to develop a solution similar to that developed with AWS. Our goal, to help companies of all sizes understand, navigate and implement Cloud computing technologies in order to lower overall costs and better serve their employees and customers. We have specialized our expertise and currently have major clientele within the retail, finance, insurance, media, travel and healthcare industries. Our US Subsidiary 8K Miles Software Services acquired 100% stock of FuGen Solutions in May 2013, FuGen Solutions is the leading white label provider of federated identity management services as a Cloud ID broker for large distributed enterprises, government agencies and small and medium service providers, and online services.

Through the acquisition of FuGen Solutions we helps to establish and scale these identity federations by rapidly and cost effectively on-boarding any type of partner - large SPs, cloud identity integration for SMBs, and SaaS service providers - as well as helping to manage the established federations by offering cloud identity service broker services to enable secure federated single sign-on and sharing of identity information. FuGen Multi-Domain Identity Services Platform (MISPTM) platform, an on- brmise or cloud solution, provides features to on-board, deploy, certify, monitor, and audit deployments. We partners with the large Identity and Access Management vendors such as CA Technologies and IBM to provide security and identity solutions.

Introduction to Cloud Computing

We believe that Cloud computing, as an industry, will change the way we think about technology and information management. The "Cloud" computing concept is a computing model providing web-based software, middleware and computing resources on demand. By deploying technology as a service, we give users access only to the resources they need for a particular task. This brvents businesses from paying for idle computing resources. Cloud computing can also go beyond cost savings by allowing users to access the latest software and infrastructure offerings to foster business innovation. We believe there is a significant opportunity to further enhance the value we deliver to clients and users. The current economic downturn creates great potential for the growth of our Company, as our offerings always save costs for our customers. Key elements of our strategy are based on providing clients with top-level customers support and service offerings. By raising funds through this private offering, we plan to enhance the reach of our current offerings, branch out into the public sector, form strategic alliances to grow our Company internally, and acquire a services company that will rapidly grow out Company externally.

The "Cloud" Computing Concept

In its simplest form Cloud computing means the migration of many functions that used to be done inside the standalone computer/server to the Internet, or "Cloud". In order to fully understand the industry of Cloud computing, one must understand what Cloud computing truly means. Within the context of the phrase 'Cloud computing', 'Cloud' is a metaphor for the Internet derived the Cloud symbols used to rebrsent the Internet in diagrams, and 'computing' refers to any IT activity carried out over the Internet. Thus, 'Cloud computing' is a type of Internet-based computing that follows a certain set of characteristics. Simply put, Cloud computing is an approach to deploying IT infrastructure and software applications in a way that keeps end-users and information consumers from needing to know the nuts and bolts of the system they use. Nearly every person who owns a web-enabled personal computer ("PC"), laptop, smartphone, digital notebook, etc. has been influenced in the recent years by the rise in popularity of Cloud computing. Cloud technology has many advantages for users because you can access your files from any computer with an Internet connection, thus making access to files and collaborative work much easier. An additional, benefit of Cloud computing is the potential to lower total cost of doing business by reducing datacenter costs and the associated administration costs. The advancements in Cloud computing are creating the potential for IT savings and improved business efficiencies. The following image illustrates the power of the Cloud computing concept, and shows how this concept can be employed and the devices that can be used to access any information and resources contained in the Cloud..

Traditional enterprise software requires companies to purchase servers, bandwidth, networks, data storage, power, and find a place to house everything with a proper cooling system. On top of all that, companies have to factor in the cost of IT staff, and the support required run the entire system and manage scalability. Enterprise software is a costly endeavor with significant up front expense. Conversely, Cloud computing tackles the need for sprawling datacenters through infrastructure virtualization. Within a Cloud, access to resources is controlled by the entity, and restricted by them to their authorized used; resources are then delivered via the Internet to all of these users. Further, resources are hosted by a service provider on behalf of the entity, and dedicated for their exclusive use. Cloud combines virtualization, automation, and parallel processing technology to shield resource consumers from many IT complexities. Because of this virtualization, a Cloud datacenter footprint requires less physical hardware, maintenance, and administration. This allows companies requiring enterprise software to lower capital expenditures and in some instances lower operational expenditures as well. Cloud computing also has the capability for leveraging on-demand computing through Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) service models.

• SaaS is often referred to as on-demand software because it is a software delivery model in which software and associated data are centrally hosted on the Cloud, which allows users to run an application without having to know where it is installed or how it is managed. In order to run SaaS applications, there is no hardware or software to buy other than a network connection and web enabled device. SaaS applications may include office e-mail, productivity and document sharing software, all provided over the Internet rather than maintained on a company's network and server.

• PaaS is a service model of Cloud computing, wherein the consumer creates the software using tools and libraries from the provider. The consumer also controls software deployment and configuration settings. The provider simply provides the networks, servers and storage, which enables software vendors and corporate IT departments to focus on innovation instead of infrastructure when creating and delivering applications. The platform service model leverages the elasticity of Cloud computing to provide developers with tools to design, test, stage, and deploy web applications over the Internet or through a local corporate Cloud.

• IaaS is this most basic Cloud service model, wherein Cloud providers can deliver on-demand Cloud-based computation, data storage, and virtualized hardware. IaaS providers supply these resources on demand from their large pools installed in data centers or "Cloud centers" which create flexibility for companies to deploy IT resources, from network components and data stores to virtual datacenters that can satisfy even the most intensive work loads and computing scenarios. To deploy their applications, Cloud users then install operating system images on the machines as well as their application software. In this model, it is the Cloud user who is responsible for patching and maintaining the operating systems and application software.

Traditional enterprise software requires companies to purchase servers, bandwidth, networks, data storage, power, and find a place to house everything with a proper cooling system. On top of all that, companies have to factor in the cost of IT staff, and the support required run the entire system and manage scalability. Enterprise software is a costly endeavor with significant up front expense. Conversely, Cloud computing tackles the need for sprawling datacenters through infrastructure virtualization. Within a Cloud, access to resources is controlled by the entity, and restricted by them to their authorized used; resources are then delivered via the Internet to all of these users. Further, resources are hosted by a service provider on behalf of the entity, and dedicated for their exclusive use. Cloud combines virtualization, automation, and parallel processing technology to shield resource consumers from many IT complexities.

Because of this virtualization, a Cloud datacenter footprint requires less physical hardware, maintenance, and administration. This allows companies requiring enterprise software to lower capital expenditures and in some instances lower operational expenditures as well. Cloud computing also has the capability for leveraging on-demand computing through Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) service models.

• SaaS is often referred to as on-demand software because it is a software delivery model in which software and associated data are centrally hosted on the Cloud, which allows users to run an application without having to know where it is installed or how it is managed. In order to run SaaS applications, there is no hardware or software to buy other than a network connection and web-enabled device. SaaS applications may include office e-mail, productivity and document sharing software, all provided over the Internet rather than maintained on a company's network and server.

• PaaS is a service model of Cloud computing, wherein the consumer creates the software using tools and libraries from the provider. The consumer also controls software deployment and configuration settings. The provider simply provides the networks, servers and storage, which enables software vendors and corporate IT departments to focus on innovation instead of infrastructure when creating and delivering applications. The platform service model leverages the elasticity of Cloud computing to provide developers with tools to design, test, stage, and deploy web applications over the Internet or through a local corporate Cloud.

• IaaS is this most basic Cloud service model, wherein Cloud providers can deliver on-demand Cloud-based computation, data storage, and virtualized hardware. IaaS providers supply these resources on demand from their large pools installed in data centers or "Cloud centers" which create flexibility for companies to deploy IT resources, from network components and data stores to virtual datacenters that can satisfy even the most intensive work loads and computing scenarios. To deploy their applications, Cloud users then install operating system images on the machines as well as their application software. In this model, it is the Cloud user who is responsible for patching and maintaining the operating systems and application software.

OUR COMPANY MISSION

Our mission is to continue to grow and gain market share in the Secure Cloud computing industry by offering services to the industry sectors that offer the greatest grow and profit potential. As the Internet continues to change the way that businesses structure and house their data, resources, and applications, there is enormous potential for carving out our share of the market. With trailblazers in the Cloud computing industry such as Amazon Web Services, Microsoft Azure, and IBM SmartCloud, it has been profitable for smaller companies like 8K Miles to form partnerships and offer a wide array of Secured Cloud computing services while keeping overhead low.

Our Company currently offers Security and Identity solutions, Big Data and Cloud consulting, engineering, migration, managed services to help companies leverage the power of Cloud computing. We feel that the secret to successful Cloud computing is having massive amounts of storage capabilities because Cloud computing is essentially selling easily retrievable data storage from a nearly unlimited Cloud system. This is why our Company utilizes large Cloud company's platforms such as Amazon Web Services, Windows Azure, and others. Because of our Cloud solutions, our Company has carved out our market share by focusing on certain sectors of the Cloud computing industry: e-commerce, finance and insurance, media and entertainment, travel, startups and ventures capital, each described below.

E-COMMERCE INDUSTRY

The e-commerce and e-business industry is typically a high volume, low margin sector with approximately 60-65% of the annual online sales happening during the holiday season. Due to the cyclical nature of e-commerce businesses, during the holiday season, e-commerce websites see an average of 4 to 6 times their normal traffic. The increasing number of online consumers and the unbrdictable and sharp demand spikes during holidays create a unique set of challenges for IT infrastructure planning. We work closely with e-commerce businesses to address these specific IT challenges:

Capacity Planning during normal times - Variation in traffic throughout the day causes a lot of inefficiencies. Roughly 40% of the capacity gets wasted in the process.

Scaling and capacity planning during peak times (Thanksgiving and the Winter Holiday Season) -Traditionally, the only way to handle peak traffic periods like the Black Friday rush is to forecast the maximum traffic and provide surplus capacity which leads to huge inefficiencies. We are able to provide auto-scaling capability so that businesses only pay for what they use.

Unexpected demand spike (when there is a fire sale or a super hot product getting released) - Predicting and planning for unexpected demand spikes is next to impossible and not being able to meet demands at these times can have an adverse effect on revenues and top line in the short term, and brand name loyalty in the long run.

Lead-time for leasing and procurement - Lead time for leasing and procurement of traditional IT infrastructure takes anywhere between 1 to 3 months and requires the coordination of several departments such as IT, Finance and Purchase.

Cloud computing brsents an excellent and hassle free solution to address these IT challenges in a cost effective way for e-commerce businesses. During the holiday season, a typical e-commerce site running on Amazon Web Services can save approximately 64% on their IT operating costs as against traditional/leased hardware.

FINANCE AND INSURANCE INDUSTRY

We helped to solve Big Data problem for one of our customers, the leading Private Mortgage Insurance company in the United States. Customer offers millions of American homeowners, and for lenders who help finance their home ownership, a family of innovative mortgage insurance products and services that protect and brserve the future of home ownership in any market. We were tasked to optimize their Mortgage certificates' Extract Transform and Load (ETL) process.

Customer processes about six million mortgage certificates and it used to take them several hours to complete. We have optimized the ETL process by utilizing custom Hadoop infrastructure using AWS Elastic Map Reduce to the ETL processing times from hours to minutes. The ETL process involved consuming large amounts of data from AWS S3, processing them using EMR to compute differences in daily data, transform the differences and loaded the transformed data into a database cluster for self-services reporting base business intelligence use.

We also helped one of the Leading Financial services provider, focused on solutions that enable financial institutions to deliver wealth management to their clients. We are aiding the customer to deliver world class SMAC services on AWS Platform.

MEDIA AND ENTERTAINMENT INDUSTRY

With the proliferation of broadband Internet and the increased consumption of rich media (audio and video) across multiple clients, it has become crucial for media and entertainment companies to optimize their IT infrastructure in order to manage and distribute their content efficiently. Our current Cloud computing solutions brsent great and cost-effective solution for Digital Asset Management. Within the media and entertainment industry our Company is the perfect partner to provide a Cloud strategy. Since inception, our Company has been a partner with Amazon providing media companies leverage the Cloud. Be it a public Cloud solution or a hybrid solution, we have the expertise to ensure that businesses get their Cloud strategy right.

The key benefits of Cloud computing that our Company provides for media and entertainment companies are:

Multi-platform content delivery - In the current day and age, users expect content to be ever-brsent and optimized for consumption on a variety of devices (mobile, tablet or PC). Be it an image, audio, video or other high-density data, the Cloud ensures that your content is available at all times and optimized for end-user consumption.

Geo-distributed content optimization - Since multimedia is bandwidth intensive, user experience may vary depending on the physical location of the user. To help companies maintain consistency, we offer geo-distributed solutions, which caches data in multiple locations increasing redundancy and reducing the latency/lag at the user's end.

Data management made easy - As multimedia digital assets grow, it becomes increasingly difficult to store and archive data in such a way as to make it easily accessible in the future. The Cloud makes it possible to store and backup your data efficiently. We can also add built-in data redundancy ensuring that data is secure and available whenever it is needed.

Be brpared for viral success - Social media has changed the way content is shared and consumed. Content could get unbrcedented visibility at any given time. However, if you are unbrpared, this opportunity could quickly become a disaster. Cloud helps brpare for such scenarios by adding more servers (or scaling up) when demand increases and reducing the servers (scaling down) when demand recedes.

We helped daily digital magazine startup company that is custom built for the Change generation. High profile investors from Apple and Google fund it. Our company aided them in developing and scaling their media platform as well as managing it on an ongoing basis.

TRAVEL INDUSTRY

Companies that are in the online ticketing business know that it is a high volume, low margin industry. Companies are always trying to sell at the lowest market rates, in order to assure high traffic and sales volumes. Travel companies have to continuously innovate by controlling operating costs, improving customer service and being available to customers 24 hours a day, 7 days a week. The Cloud brsents an excellent solution to do just that. Cloud computing helps improve accessibility of travel services, provides faster response time to customers and reduces IT operating expenses. With our Cloud solutions, we have been able to help clients within the travel industry manage their data and cut costs.

The key benefits that we can currently provide to ticketing portal companies through the use of Cloud solutions are:

Overcoming seasonal demand - Be it sporting events, concerts or travel, demand for tickets picks up in the days leading up to the event and drops as soon as the event is over. The only ways to handle such demand is to either over-provision (which is expensive and less efficient) or under provision and lose potential sales. The on-demand provisioning of the Cloud allows ticketing companies to provision the right amount of resources at the right time.

Pay as you go - Since ticketing is a high volume, low margin business, companies should be able to manage their margins during lean periods. Unfortunately, traditional IT infrastructure costs cannot be reduced when demand recedes. This is where we can help ticketing companies with a pay per use model of the Cloud, wherein IT spend is be proportional to business demand.

We partnered with the world's number one low cost airline and the pioneer of low cost travel in Asia to migrate them to the Cloud and to meet their stringent economic and technical requirements. Our Company aided the customer in building a Cloud solution using Amazon VPC to securely connect between the cloud and their in-house infrastructure. Being a low cost carrier, they follows a lean distribution system wherein more than 65% of their ticket sales are done via the airline's website. The user registration and authentication engines, which are the front facing systems of ticketing platform, needed a highly available and scalable infrastructure which could handle over 2 Million http requests per second and our Company designed the infrastructural architecture considering all the technical and business challenges.

STARTUPS

As a startup there are always too many things on your plate and yet you need to have laser sharp focus on your core business idea to make it successful. With the Cloud, infrastructure worries are one of the things you can take off your plate. Our company has helped startups design Cloud strategies right. Be it social gaming, web, mobile or social applications, our Cloud experts understand business needs and design a Cloud strategy on Amazon Web Services (AWS) which can gear any startup for success.

The key benefits that we can currently provide to startup companies through the use of our Cloud solutions are:

Reduced time to market - The near-instant provisioning of IT infrastructure provided by our Cloud solutions leads to reduced time to market and quick monetization of a companies ideas.

Shifts focus from infrastructure to user acquisition - Once a product or service is on the Cloud, traditional IT planning becomes redundant. Planning for the next hardware upgrade or updating and maintaining the latest OS release is no longer necessary. This freedom gives startups more time to focus on building features and marketing that will drive more users to their product.

No capital expenses, pay as you go - Cloud computing changes the way companies look at computing power. Startups no longer have to worry about budgeting the next server purchase or a data center commitment running many years. It is as simple and ubiquitous as electricity. Simply pay for what is used and get what is needed on-demand.

Speed and flexibility - Be it a simple web/mobile application or a complex biotech product, from idea creation to business success Cloud helps startups turn an idea into business opportunity in a short span of time without really risking your wallet.

8K MILES SOLUTIONS AND SERVICES

Our solutions and services are well designed and we have the reach to market new solutions and expand on current ones. With our current solutions and services we are positioned to be a dominant player in the Cloud computing industry. Everything that we do falls under the umbrella of Cloud computing, defined as the delivery of computing, storage, and applications over the Internet. Our core solutions and services are described below:

8K MILES SERVICES OFFERING:

CLOUD READINESS ASSESSMENT SERVICE

The Cloud is causing disruption in every organization and every vertical. IT managers are under intense brssure to accelerate the migration of their infrastructure to the Cloud. This brssure is due to multiple factors including cost, performance, reduction in Data Center footprint, CapEX vs. OpEx and "Shadow IT" - BUs bypassing IT and standing up their own workloads. IT managers need to act fast and ensure they have the right processes in place.

KEY BENEFITS:

• Cloud Infrastructure Design and Costing: 8KMiles monitors workloads for 5 days to determine the appropriate infrastructure to be provisioned and its cost in the cloud.

• Determination of security posture: As part of migration assessment, we determine security posture and provide with the right solutions to meet security requirements

• Compliance: Our recommended solutions will be developed to meet compliance requirements

• Infrastructure Management and Monitoring: Recommend the appropriate set of tools to manage and monitor infrastructure, security, identity and cost

• Service Design, Transition and Delivery: Based on the IT services offer or plan to offer to your users, we will define the list of automation templates required for service transition and delivery

• DR Strategy and Backup/Recovery: We will architect DR strategy and define data backup schedule.

8K Miles Cloud Consulting, Migration and Engineering Services

In enterprises, each set of business applications are different and on-brmise deployment require a costly project to design, architect and implement, factoring into that equation the idiosyncrasies and nature of an environment very much understood by, and under control of, IT. Any application cloud migration project needs to reconsider those assumptions from scratch; similarly any project looking to stand up a brand new application in cloud needs to carefully consider these dynamics. The big difference is that as a customer will no longer be intimate with the IaaS infrastructure and available infrastructure services. As a first step in the migration process, our team of experts will perform a detailed technical study the requirements and recommend a cost-effective and secure cloud architecture. Some of the key areas of focus include:

Analysis: We analyze usage patterns to leverage auto scaling and maximize server utilization

Scalability: We assess and implement GEO load balancing to improve reliability and scalability

Improved Efficiency & Cost Containment: Our team can decompose relational databases and replace them with less expensive and more effective solutions, such as SimpleDB or DynamoDB, where applicable

KEY BENEFITS:

• 8KMiles cloud migration aligns with enterprise's business and technical requirements

• Unique Core-Flex, "One Team" model matured over 100's of engagement

• Proven migration models and methodologies

• In-house developed tools to automate, streamline and accelerate cloud migration

• Mature cloud risk and best practices knowledge database

• Help customers embrace and optimize for cloud

8K MILES CLOUD MANAGED SERVICES

Application migration to the Cloud comes with its own set of challenges. Cloud providers have made it very easy to instantiate infrastructure, but the same ease of use does not translate very well when it comes to issues with infrastructure. The lack of visibility and complexity of troubleshooting mechanisms can be time consuming, costly and frustrating. 8K Miles makes cloud enablement quick, affordable, and dependable. Following are the key benefits ofusing 8K Miles AWS Managed Services.

KEY BENEFITS:

• Reduced cost of ownership. Cloud hosting reduces deployment time and accelerates ability to leverage cloud's elastic capabilities combined with our years of AWS experience.

• Secure operations. 8KMiles' 24x7x365 scalable and secure managed infrastructure gives customers peace of mind that their applications are protected

• Audit. Provide audit reports to satisfy the needs of regulatory compliance such as PCI and HIPAA

• Technical qualifications. We have the largest team of AWS-certified engineers worldwide, along with application developers and security experts

• Flexibility. No long-term contracts, no lock-in • Security best practices. Unlike many providers, we consider the larger picture when migrating applications to the cloud. We have deep expertise in security both with our AWS Security Framework as well as Identity and Access Governance.

• Uniqueness. No other AWS partners provide the unique and compelling blend of AWS services as well as Identity and Access Governance as-a-Service combined with our own IP in Identity Federation for rapid SaaS partner on- boarding.

Organizations want to provide their users with single sign-on to external applications (business partners, SMBs, SaaS applications). The standard way to do this is via SAML-based federation products from vendors such as CA Technologies, Oracle, and Ping Identity. Such technology, however, is highly complex and configuring partner federations using it can take weeks especially if having to troubleshoot interoperability issues.

MISP is a patented solution that automates this process. 8KMiles/FuGen or the customer can use it to test, validate, and certify federations with partners rapidly. MISP virtualizes both sides of the federation to test out-of-band and customers can leverage an existing portfolio of br-validated IDP (Identity Provider) and SP (Service Provider) virtualized configuration profiles to accelerate the process.

MISP platform will help enterprises rapidly set up identity federations with minimum friction and cost ownership, establish a delivery infrastructure for scaling, automated partner testing and monitor deployments through real-time compliance certification. Currently, the MISP platform supports 15 government profiles, 40+ identity providers such as Facebook, LinkedIn and Google, process templates for establishing large federation communities, and more than 200 br-configured and validated SaaS applications including Salesforce, Office365, Dropbox, NetSuite, Concur, Citrix.

EzIAM - Identity and Access Management as a Service (SaaS):

As organizations look to utilize more cloud-based services, they face new security and compliance challenges: lost user productivity, increased help desk costs, fraud, data breaches and compliance failures. Ensuring safe access to their on-brmise and cloud-based applications with a robust cloud-based identity and access management (IAM) solution helps them realize the benefits of cloud computing without unnecessarily increasing risks and costs.

EzIAM - Identity and Access Management as a Service (SaaS):

As organizations look to utilize more cloud-based services, they face new security and compliance challenges: lost user productivity, increased help desk costs, fraud, data breaches and compliance failures. Ensuring safe access to their on-brmise and cloud-based applications with a robust cloud-based identity and access management (IAM) solution helps them realize the benefits of cloud computing without unnecessarily increasing risks and costs.

EzIAM provides all organizations (large and small) with the tools they need to manage their users, control access to resources, and determine "who has access to what" - a fundamental requirement of important regulatory mandates such as HITECH, PCI, and SOX.

The service brings the core functions of IAM delivered as a SaaS service hosted in the Amazon Web Services (AWS) cloud and managed by 8KMiles/FuGen. Doing so removes the most challenging aspects of deploying an IAM solution on-brmise - complexity, massive infrastructure, and the subject matter expertise required to operate and manage the solution.

Core capabilities of EzIAM include: multi-factor authentication; fraud brvention; federated SSO to SaaS applications; identity lifecycle management; self-service password reset; role-based access control; and auditing/reporting.

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