Highlighting technological advancements, innovation in business models, and the impact of disruptive technologies on industries and markets.
The Colombo Stock Exchange (CSE), in collaboration with the U.S. Agency for International Development (USAID), SLASSCOM, and FITIS, recently hosted a forum titled “Unlocking Value via Capital Markets and Funding Options for the IT Sector.” The event focused on empowering Sri Lanka’s ICT sector by showcasing alternative funding sources and educating companies on the process
The Defence Ministry has issued a warning about the growing number of Sri Lankans, especially those staying in the United Arab Emirates (UAE), being trafficked into cyber scam centres in Myanmar. The National Anti-Human Trafficking Task Force (NAHTTF) has received reliable information that an increasing number of Sri Lankans are being recruited for these illegal
Curfox, the AI-powered e-commerce delivery management software developed by Parallax Technologies Ltd., has won the prestigious Gold Award in the Supply Chain and Logistics category at the 2024 National ICT Awards (NBQSA). Parallax Technologies, a leading software development company in Sri Lanka, designed Curfox to tackle high return rates, one of the most significant challenges
DMS Software Technologies (DMS Software Ltd.) recently hosted an impactful event titled “Future Proof Data-Driven Business with Oracle ERP” at the Shangri-La Hotel, Colombo. Designed for business leaders, financial experts, and IT professionals, the event underscored how Oracle Fusion ERP solutions are shaping data-driven business strategies, enabling agility, and fostering sustainable growth in a digitally
Dialog Axiata PLC, Sri Lanka’s leading connectivity provider, has launched the world’s first commercial virtual Base Station Controller (vBSC) in partnership with Ericsson (NASDAQ: ERIC). This pioneering deployment is designed to boost network performance, reliability, and operational efficiency, while significantly reducing operating costs. The vBSC is an advanced virtualized version of the traditional Base Station
In a significant move to bolster its position as a leader in the digital landscape, Inivos Consulting Ltd. has signed a strategic partnership agreement with D. Samson & Sons Ltd., the primary marketing and distribution arm of the DSI Samson Group. This collaboration aims to streamline operations and drive excellence through the implementation of IFS
The Asia Foundation, backed by a $15 million Google.org grant, recently launched the APAC Cybersecurity Fund in Colombo to bolster the cybersecurity capabilities of over 300,000 MSMEs across 12 Asia-Pacific countries. This initiative aims to equip 13,000 small and medium enterprises (SMEs) in Sri Lanka with essential skills to manage digital security threats, benefiting businesses
The Sri Lankan government is setting the stage for Colombo Port City to become a global hub for IT and Business Process Outsourcing (BPO) firms, supporting its vision to develop a USD 15 billion digital economy by 2030. Modeled after Dubai and Singapore, the Port City’s regulatory framework now includes competitive tax breaks, provisions for
Epic Lanka, a pioneering leader in fintech and digital transformation solutions from Sri Lanka, recently showcased its advanced fintech offerings at Intersekt 2024, Australia’s premier fintech event held in Melbourne. The company introduced a comprehensive suite of solutions, including sophisticated card payment systems, authentication technology, payment security tools, business process automation, and dynamic workflow systems.
Feelo, Sri Lanka’s leading platform for vouchers and deals, has unveiled its innovative AI assistant, “AI Machan,” marking a significant advancement in digital convenience for both consumers and businesses. Designed to simplify the process of discovering the best deals on restaurants, wellness, beauty services, and hotel stays, “AI Machan” allows users to save both time