BANGALORE: Vaakya, a Bangalore-based technology firm, has announced the launch of an innovative technology platform and scripting language Vaakya to build, test and deploy enterprise software applications. Software vendors developing applications on Vaakya can reduce turnaround time to go to market and deliver software applications across various deployment models like standalone, client-server (LAN or web) as well as in a SaaS (software as a service) model, says a release.