Cygnus' new product 'terrorSURE' launched

Cygnus, a Hyderabad-based business consulting and research group has launched a new information product called terrorSURE, in association with UK-based ROIsure Limited, in the city today.

While Cygnus is a knowledge processing company, ROIsure provides e-marketing, web design, technical build, operational capability and portfolio management services.

Their new product, terrorSURE is an interactive diagnostic and solution system for threat and vulnerability assessment.

"It basically collects data on how prepared companies and organisations are in the face of a terrorist attack and provides knowledge solutions to mitigate the risk," Cygnus head O R S Rao said.

"Our association with the SURE group has been on since January this year and we have entered into a legal agreement to become knowledge partners," Rao said.

Gary Ling, CEO of SURE group, said that while Cygnus would provide knowledge solutions, ROIsure would digitise the data, package it and make it interactive.

The target customers for this product would be multinational and multi-location, business and government organisations, employing more than 1,000 people with a turnover greater than Rs 150 crore. "Insurance companies and hotels are most likely to be our target customers," he said.

Cygnus started its operations in Hyderabad about two years back and has around 60 clients including ICFAI business school, Confederation of Indian Industry and Bulk Drugs Manufacturers Association.

It has profiled over 450 Indian companies and is into knowledge process outsourcing as well.

"Our company has grown by 100 per cent from last year and in the next four to five years we expect a quantum jump of 10 times in our outsourcing services," Rao pointed out.