Mumbai, India, September 12, 2014: Uniken, a player in securing digital relationships, has announced a strategic partnership with Bynet Data Communications, a leading system integrator from Israel, to expand. Uniken will leverage Bynet’s expertise, professional services, knowledge and reach in Israel, to build and sustain business operations and a market for REL-ID, Uniken’s proprietary digital security platform in Israel.
The cyber-security market in Israel has leapfrogged over the last few years. Israeli exports of cyber-related products and services last year reached $3 billion, some 5 percent of the global market and more than all other nations combined apart from the United States, according to Israel’s National Cyber Bureau (NCB). The market value of cyber-security companies that received seed financing has tripled over the last year in Israel, widely revered as the Start-Up Nation, according to Jerusalem Venture Partners (JVP).
An emerging player in the international arena, Bynet Data Communications has been providing comprehensive and complete solutions to meet the ICT and telecom needs of organizations for over 35 years and is well known for its services in the area of cyber security space.
“We are happy to collaborate with Bynet in Israel, which is one of the most evolved cyber-security markets in the world. With Bynet as a partner, we are happy to have found an overall alignment in our vision of creating a secure private network, combined with the right expertise and capabilities to deliver value to end-customers,” said Sanjay Deshpande, Co-Founder and CEO of Uniken.
Bynet’s strong and experienced technical, pre-sales and implementation team will provide Uniken with the right foundation to proliferate REL-ID. REL-ID, a plug & play digital security platform, enables enterprises to provide services across multiple digital channels by creating a private, massively scalable, secure digital application ecosystem, thereby significantly enhancing the trust in digital relationships with customers, employees and partners. REL-ID creates a secure and private closed digital ecosystem, accessible to only authorized users and devices, thus facilitating secure access to all digital services, business critical applications and secure data exchange. In India, 3 out of the top 6 banks rely on REL-ID – Uniken’s flagship product.
Zvika Friedlander, Director of Security Division, Bynet said “We are pleased to partner with Uniken. This partnership will strengthen our security portfolio and help us service the digital security needs of our clients holistically.”
Earlier this year, Uniken raised INR 30 crore investment from venture capital firm Nexus Venture Partners that will fuel global expansion into markets such as Israel and US.
Fuelling collaboration to address global cyber-security concerns
Uniken will host a delegation of Indian Industry leaders at the 4th Annual International Cyber-security Conference as a part of Cyber Week 2014, the biggest security event held at Tel Aviv, Israel, on September 14 – 15. The event will bring together high level international leading cyber experts, military professionals, policy-makers, academia and researchers, security officials and foreign diplomats to address emerging trends and threats that are impacting the evolution of cyber-security.
The Indian delegation, hosted by Uniken, will include industry veterans and thought leaders such as Mr. Devendra Parulekar, Partner – Advisory Services, Ernst and Young, India, Avinash Kadam, Advisor-India Task Force, ISACA, Mr. Makesh Chandramohan, Head- Information Security Risk Management, Birla Sun Life Insurance, Mr. Arun Gupta, Technology Advisor – Uniken, Former CIO, CIPLA, Sandeep Singhal, Co-founder, Nexus Venture Partners & Board Member, Uniken.
“Cyber-security is a growing concern and today, has emerged as a top consideration in the boardroom. Emerging trends such as social media, Big Data, BYOD, the Internet of Things, have made the cyber-security landscape a complex one, with newer threats emerging every day. In a rapidly evolving business landscape, where the web is becoming all-pervasive and the cornerstone of an organisation’s communications with its stakeholder, it is critical to ensure that cyber-security solutions are made future-proof. There is a strong need for a concerted, global collaboration in this direction, and we believe that our participation in Cyber Week 2014, is a step in the right direction,” said Sanjay Deshpande, CEO & Co-Founder, Uniken.