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Portfolio News

Company Profile: DreamStream Communications
- Bringing secure instant messaging to corporate environments -

IM – instant messaging - is growing faster than any consumer communication technology, eating into landline use and displacing personal conversations. According to Forrester Research, there are currently 590 million registered accounts.

In a business environment, IM’s core value is presence: that is, knowing the status and location of a person or business event. IM knows if your colleague or customer is at their desk, or on their mobile, and can reach them at either.

 

"IM knows about business events as they happen: that you’ve got email, that your server has gone down, that the markets have reached a price or traded a volume"

It knows about business events as they happen: that you’ve got email, that your server has gone down, that the markets have reached a price or traded a volume, or that the stock needed for your customer’s order has arrived at the warehouse.

However, the challenge for many businesses is how to regulate the usage of IM for legitimate business purposes. Managing IM requires a similar approach as that taken to email, requiring a monitored and enforced policy with accounts for legitimate business purposes. This means establishing an acceptable use policy, policing of same and the provision of IM facilities (similar to email accounts) for corporate use. In addition, care must be taken that corporate IM use complies with statutory regulations.

IM Enterprise Suite 4.0 is a software platform developed by London-based DreamStream Communications in partnership with Gresham Computing to offer secure, audited, managed and controlled instant messaging for businesses. Features of the product include:

  • Security: IM Guard blocks unauthorized access using business rules
  • Audit: Conversation logs are stored by a neutral 3rd party and are fully searchable
  • Interoperability: enables different IM clients to communicate with each other. Corporations are free to choose IM clients from Yahoo, Microsoft, AOL, Lotus or Reuters.
  • Management: synchronize IM with corporate directories, manage thousands of employees, partners and customers
  • Switchboard: establishes communication channels using business rules

Typical applications might include the ability to selectively authorize IM usage – for example, restrict to business peers or members of internal projects;

Detect information leakage: Get an alert when someone sends account numbers or files via IM;

Enable IM customer Service: allow customers to use any IM of their choice to communicate with you; and,

Send alerts: set rules and alert sequences in combination with corporate directories and customers.

By 2006, IM will surpass email as the preferred communication mechanism. IM Enterprise Suite 4.0 offers companies a way to take advantage of IM as an instantaneous, flexible communication medium while maintaining certain standards of usage and security. Current customers include NTL business and Gresham computing.


Ariadne Capital is working with DreamStream Communications to raise capital and to assist the company with business development activities.

For more information on DreamStream, see: http://www.dreamstream.com or contact: Reginald@ariadnecapital.com
 

   
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