8KMiles gains on unveiling EzlAM Solution

26 Feb 2014 Evaluate

8KMiles is currently trading at Rs. 113.50, up by 1.75 points or 1.57% from its previous closing of Rs. 111.75 on the BSE.

The scrip opened at Rs. 111.50 and has touched a high and low of Rs. 115.00 and Rs. 111.50 respectively. So far 1000 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 120.85 on 05-Feb-2014 and a 52 week low of Rs. 44.70 on 27-Feb-2013.

Last one week high and low of the scrip stood at Rs. 118.45 and Rs. 108.05 respectively. The current market cap of the company is Rs. 113.50 crore.

The promoters holding in the company stood at 66.28% while Non-Institutions 33.72% respectively.

8KMiles, a leading global secure cloud solutions company powered by FuGen Solutions, has launched EzIAM, combining the power of reliable user provisioning and user management solutions with the benefits of a hosted, cloud-based deployment model for the fastest way to implement Identity and Access Management (IAM).

EzIAM is built on extremely mature IAM technologies currently deployed in thousands of customers worldwide. It is aimed at Small and Medium Businesses (SMBs) and large enterprises that desire a more flexible consumption model - SaaS via the Amazon Web Services (AWS) cloud or a secure virtual private cloud model.

EzIAM, customers reap the benefits of a SaaS-based service - reducing CAPEX costs, IT overhead, and solution complexity while increasing business agility, scale and flexibility - along with 8KMiles' patented Federation Partner On-Boarding technology (MISP).

Customers can pay-as-they-go with individual services, or subscribe to all EzIAM services, centrally managed through a single dashboard. Core capabilities of EzIAM include advanced authentication, federated SSO and Identity Management and Governance services. Together, these three elements provide companies with low-friction soft-token strong authentication and fraud detection, cross-domain SSO for optimum user convenience and productivity, and user lifecycle management with delegated administration and self-service access requests, password reset, and profile management.

8KMiles is an online ecosystem of verified professionals and companies that enables outsourcing of software and other knowledge services completely over the internet. Using the 8KMiles portal, companies (buyers) can “smartsource” any type of knowledge work cost effectively and securely to certified individuals or groups (providers).

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