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UNIKEN Inc. was incorporated in September 2003 in Boston, Massachusetts, USA, with the intent to solve problems that impact people's lives
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Each of the four founders left their cushy, senior management jobs with some of the biggest and best R&D, Technology and IT consulting companies because they realized that these companies did not provide an ecosystem for innovation and the freedom to dream
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Even at a foetal stage, UNIKEN let go of its first contract where it was required to hand over IP rights for the innovative technologies that we would develop for them. We still ended up providing lots of innovative technology solution without compromising on our core values
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UNIKEN got its first overseas client in 2004 – Verinex
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UNIKEN's third subsidiary REL-ID Technologies Inc. was incorporated in July 2006, in Delaware, USA after almost two years of research. Patents have been filed and it has already closed Series A funding
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In August 2005 UNIKEN initiated the ‘Innovation Program' to scale up innovation activities, and allocated an innovation fund for the program. This program helps generate new ideas and prototypes for future technologies, products and services, to fuel the company's ambitious growth plans
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Over the past few years, the R&D team based out of UNIKEN's Innovation Center (in Pune, India) has developed multiple cutting-edge technologies like hand geometry verification system, secure communications and relative identity
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Based on the understanding that merely using statistical methods to provide a timely (software) solution within budget did not necessarily ensure its quality and left the business problem unsolved at times, led us to focus on Engineering Processes and in 2008 UNIPRO was developed (based on Product Engineering Methodologies), which is now the de facto standard of software development at UNIKEN today
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By 2008 UNIKEN had also built Intellectual Property in domains such as: Fuel Management, Website Sales Management, Mobile Marketing & Promotions and had started offering customized solutions to clients based on these IP Frameworks
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UNIKEN was invited to a conference sponsored by the US Dept. of Defense in 2008 to present a paper on two factor authentication, which was well received by people at the agency as they deal with such security related issues every day
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In 2009 Centre for Innovation Incubation & Entrepreneurship (CIIE), IIM-Ahmedabad provided UNIKEN with research grant for two innovations, and partnered with UNIKEN to develop a sustainable pipeline of marketable innovations and innovators / entrepreneurs who can lead business ventures
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Two of India's largest PSU banks – State Bank of India and Bank of India, have already bought UNIKEN's REL-ID℠ technology for secure internet banking choosing our solution over the more well-known offerings from leading MNC & Indian companies
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The TRUBANK (Secure Internet Banking) solution is already being considered by leading banks in India, Asia & US markets for deployment
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UNIKEN is currently working with CIIE to setup Technology Innovation and Entrepreneurship Labs at various educational institutes.
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The Innovation story still continues...
