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The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission (SEC), in association with the Sri Lanka Association of Software and Service Companies (SLASSCOM) is scheduled to host a forum to educate the IT-BPO and Knowledge Services industry on the importance of going public.
The Forum is another step to attract companies that are of high value and worth to the capital market, in order for them to enter into a mutually beneficial partnership of wealth creation and value addition with the public.
The potential-issuer relations forum will be held on the 5th of March at the Dialog Future World Auditorium, from 08.30 am to 11.00 am
The programme will commence with an introduction to the benefits of listing by CEO-CSE Mr. Rajeeva Bandaranaike, followed by a presentation on “Valuing your Company” by Vice-President of Copal Amba (A Moody’s Subsidiary) Mr. Asanka Herath. Chairman-SLASSCOM Mr. Madu Ratnayake will also speak at the event.
The Chief Executive Officers and Chief Financial Officers of potential-issuer companies, from the target industry, will be given an opportunity to pose their questions to a panel of distinguished personnel from the capital market. The panel will comprise of Director-CSE Mr. Ray Abeywardena, AGM-Regulatory Affairs-CSE Mr. Renuke Wijayawardhane, Deputy Director General & Officer-in-Charge- SEC Mr. Dhammika Perera and will be moderated by Executive Director-SLASSCOM Mr. Imran Furkan.
The forum is further seen as an ideal opportunity for the decision makers of these entrepreneurial endeavors to mingle and network with the senior management representatives of Investment Banks, to build mutually beneficial relationships for the future.
“Sri Lankan IT/BPM industry is on a rapid growth trajectory and gaining increasing attention globally. We would anticipate a growth of over 23% YoY this year at industry level, therefore many of the SLASSCOM companies are now gearing for their next phase of growth. Listing on the Stock Market would create avenues for companies to raise funds for this growth acceleration and will provide the general public an opportunity to participate in this very exciting growth phase of the industry, as investors. We are delighted to work with SEC and CSE to help companies understand the journey of raising funds from the capital market”, Chairman of SLASSCOM Mr. Madu Ranayake said.
“The Sri Lankan Capital Market is a vibrant atmosphere where long established, as well as entrepreneurial businesses can thrive by raising capital and maintaining a high standard of accountability to their stakeholders. By entering this affirmative environment members of the knowledge services industry in Sri Lanka can benefit a great deal”, Deputy Director General & Officer-in-Charge- SEC Mr. Dhammika Perera said.
“Listing on the Stock Exchange helps a company enhance its corporate profile and gives it a competitive advantage, while helping the company increase its worth by attracting strategic investors and high value employees. These benefits boost the prestige of a company and can thereby be utilized to fund the next stage of a company’s expansion strategy,” CSE-CEO Rajeeva Bandaranaike said.
Press Conference of the upcoming Asia Conference of WSO2.
Event info – here.
Full press conference video:
99X Technology places an unwavering emphasis on the development and advancement of its workforce, and in line with this, hosted its annual awards night and gala – Blaze 2013 – to felicitate employees’ achievements and the company’s own accomplishments during the course of the year. This was done with much fanfare in the presence of industry heads, members of the academia, company partners and employees and their spouses.
Held on 19 December at the Galadari, it was a night of much merriment and gaiety and a splendid time was had by all who attended, making it the ideal conclusion to yet another successful year by the company.
Awards given out included the Long Service Awards, Award for Most Outstanding Project Team and the much coveted CEO’s Award, and many more employees, who collectively refer to themselves as ‘Xians’, were also recognised for their personal successes and milestones reached.
A special award, the Lifetime Achievement Award for Outstanding Contribution to the IT Ecosystem, was presented to IIT Dean and Associate Professor Alfred Perera in appreciation of his long-time service and vast contribution made to the Sri Lankan IT industry.
Team Lead Anura Adikari receives the much coveted CEO’s Award from 99X Technology CEO Mano Sekaram
99X Technology Co-Founder and CEO Mano Sekaram, commenting on the past year while addressing the audience at the awards ceremony, stated: “A look back over the past year shows that we have achieved phenomenal growth. Despite recession in our primary market of Europe, we grew our business by 40 per cent, at a growth rate double that of the overall industry’s growth.”
He revealed that the company’s revenue growth of 40 per cent had surpassed its workforce growth of 25 per cent. “This is a sign that we have surged up the value chain, with customers willing to pay a premium for our services. Furthermore, our continued positive financial performance has made us a totally debt free, 100% equity funded and very profitable company.”
“I have truly been blessed to find men and women who are smarter than I am, and who have the passion and pride to execute the vision I have to perfection. Today, we have built a company that is admired and we are proud that through our efforts, we have been able to make a positive contribution to all our stakeholders,” he added.
Informatics Institute of Technology Dean and Associate Professor Alfred Perera presented with a Lifetime Achievement Award for Outstanding Contribution to the IT Ecosystem by 99X Technology CEO Mano Sekaram
In 2013, 99X Technology was ranked among the 15 Great Places To Work For in Sri Lanka, a testament to its best practices and attention towards the progression of its human capital. In the independent study conducted by the Great Place to Work® Institute, the first of its kind conducted in Sri Lanka, 99X Technology scored an overall 92% in contrast to the global benchmark figure of 89. In addition to this, the company also cinched an award for talent management at the fourth Asia’s Best Employer Brand Awards in Singapore, a dual recognition of its focus on its workforce.
99X Technology also triumphed at the National Best Quality ICT Awards (NBQSA) 2013, picking up a bronze award for ‘WAG – Web Accessibility Guide’ in the R&D category and a merit for the iPad app ‘ALMUR’ in the Tools and Infrastructure Applications category.
Since its inception over a decade ago, 99X Technology has rapidly built itself up to become a leading player in Sri Lanka’s IT/BPO industry. Headquartered in Colombo with offices in Oslo, Norway, the company specialises in delivering high-end software products to independent software vendors worldwide and has, to date, delivered over 150 high quality commercial software products.
Awards winners at Blaze 2013
- Excellence Award for Technology Leadership – Ashan Fernando
- Excellence Award for Championing Initiatives – Anura Adikari
- Excellence Award for the Best Emerging Xian – Shenika Herath
- Excellence Award for Customer Relationship – Sameera Gunasinghe
- Excellence Award for Most Outstanding Project Team – WhatIf
- CEO’s Award – Anura Adikari
- Long Service Awards –Hasith Yaggahavita, Shehani Seneviratne, Shirantha De Alwis
- Lifetime Achievement Award for Outstanding Contribution to the IT Ecosystem – IIT Dean and Associate Professor Alfred Perera
The Annual General Meeting of the Computer Society of Sri Lanka (CSSL) was held last week at theKingsbury Hotel and the new executive council for the year 2014 was elected. Ajith Salgado was elected as the President unanimously.
The CSSL was established in 1976 in Sri Lanka by a group of dedicated professionals for the purpose of promoting Information and Communication Technology (ICT) and professionalism among those engaged in this field, and to maintain the highest professional standards among the ICTprofessionals. CSSL has played this role for over 35 years now and is considered the apex body for ICT professionals in Sri Lanka. It is a not-for-profit body.
The new President Ajith Salgado has over 15 years of experience in the ICT industry. Mr. Salgado is the Head of IT of Sampath Bank and a member of board of governors of Arthur C Clark Centre for Modern Technologies. His academic credentials include BSc Engineering degree in Electronics and Telecommunications from the University of Moratuwa and Master of Business Administration (MBA) Degree from the University of Colombo.
The other members of the executive council members are Dr. Dayan Rajapakse – Vice President, Yasas V. Abeywickrama – Secretary, Luxman Perera – Treasurer, Dr. Malitha Wijesundara – Asst. Secretary, Prabath S Wickremaratne – Asst. Treasurer, Dr. Ajantha Athukorale – Student Counsellor, Udana Wickremasinghe – Publication Secretary, Mahesh Perera – Council Member, Chrisantha Silva – Council Member, Damith Hettihewa – Council Member and Sapumal Jayatissa – Council Member.
Making a speech at the AGM addressing ICT professionals, Mr Salgado said “The CSSL strategy for 2014 has six focus areas. They are Develop CSSL Brand, Strengthen CSSL Membership, CSSL Media Presence, CSSL Certifications and Accreditations, International Collaboration and Developing the Next Generation”.
He elaborated the strategies and their importance. “Developing brand is about further enforcing CSSL as the leading and relevant professional body for all in ICT industry. Increasing the membership will strengthen the society and the members it serves. Involvement in Certification and Accreditations demonstrates the capability of the organization.ICT is a global industry, therefore the CSSL will play a pivotal role on connecting Sri Lankan ICT industry to the world.
He also explained that the future of any industry is highly dependent upon the quality of the future generations that would join it. “This is true for ICT industry as well. The CSSL will play a national role in enriching school children by increasing their awareness on ICT”, he further added.
He further added that “the CSSL strategy for 2014 well aligns with the national ICT objectives set out by His Excellency the President in MahindaChinthana, namely creating a knowledge hub, 75% IT literacy and US 1 billion ICT related export by 2015. We are committed to developing the professionals in this field to achieve those objectives”.
hSenid Mobile, a multinational telco-mobile software solutions provider connecting telcos to businesses, is sponsoring the first ever Telco Application Developer Summit (TADS) to be held on November 21-22 in Bangkok, Thailand.
TADS is the first and only global meeting for Developers who want to learn, share, code and create. The grassroots initiative from and by the people of the industry crafted for Developers and Telcos to collaborate towards the creation of the new wave of the telecom application ecosystem.
As an industry leader, hSenid Mobile has always been at the forefront of deploying platforms for Telcos that enabled to build developer ecosystems. When TADS began taking shape, hSenid Mobile was keen on being a part of the initiative as the company wanted to learn, share success stories and lessons learnt from the experiences gathered, having worked with all stakeholder of the ecosystem.
hSenid Mobile CEO Dinesh Saparamadu says , “The most exciting feature about TADS is bringing together developers and all other stakeholders of the telco application development ecosystem. We look forward to two days of intense discussion and exploring new concepts, best practices with all stakeholders.”
hSenid Mobile is also supportive of the Telco Application Developer Manifesto that was released to coincide with the Summit. The Manifesto released early October for public comment contains the new era of the mobile ecosystem and the responsibilities and the needs of the Telco Application Developers, Telecom Operators and Vendors. The draft Manifesto was circulated within the industry and hSenid Mobile was one among the contributors towards the October release.
[From Left-Duminda Ariyasinghe-Executive Director (Investment Promotion) at
the Board of Investment (BOI);Reshan Dewapura-Chief Executive Officer of
the ICT Agency (ICTA); Mano Sekaram -Director & Vice Chairman of
SLASSCOM,Chief Executive Officer,99X Technology; Lalith Weeratunga,
Secretary to the President, Madu Ratnayake-Chairman, SLASSCOM,Senior Vice
President& General Manager,Virtusa, Sri Lanka; Jayantha De Silva -Director
& Vice Chairman,SLASSCOM, Vice President South Asia and the Managing
Director Sri Lanka, IFS; Dr. Arul Sivagananathan -Director &
Treasurer,SLASSCOM, Managing Director,Hayleys Business Solutions
International (Pvt) Ltd; Virendra Perera -Director,SLASSCOM ,Chief
Operating Officer,Brandix Mercury Asia (Pvt) Ltd.]
Sri Lanka has been awarded the prestigious “Outsourcing Destination of the Year” award by the National Outsourcing Association (NOA), UK at the award ceremony held in London recently.
The award was ceremonially presented to Mr.Lalith Weeratunga, Secretary to H.E the President by a delegation led by Chairman of SLASSCOM Madu Ratnayake and which included representatives of BOI and ICTA.
Speaking at the occasion Mr.Weeratunga stated that” ICT is being used by the Government as an instrument for rural empowerment and generating employment as well foreign exchange. This award will bring enormous attention to our growing ICT and Knowledge Services industry among the discerning international clientele. It will help position us as a niche destination for IT and Knowledge Services. I congratulate all stakeholders including SLASSCOM, ICTA, BOI, EDB and others who have worked tirelessly over the years to make this award and recognition that comes with it a reality. The Government of President Mahinda Rajapaksa will continue to support the industry in its quest to become the leading foreign exchange earner by 2022”
Expressing views on Sri Lanka’s magnificent achievement, SLASSCOM Chairman Madu Ratnayake stated that “We are delighted that Sri Lanka has been awarded the prestigious “Outsourcing Destination of the Year” award by the National Outsourcing Association. Over the last five years, we have executed a focused market development strategy internationally, building on the strong relationships and foundation many pioneering companies have established in the international markets. SLASSCOM pitched for this award for the last three consecutive years and we are truly delighted to have won this year. This is a great testament of our industry potential and more specifically of the growing visibility of the Sri Lankan IT and Knowledge Services Industry. We wish to thank Mr. Weeratunga for his continued support as a champion and advisor of the industry.”
Commenting on the securing of the award as the best outsourcing destination in the world, Information and Technology Agency of Sri Lanka (ICTA) CEO Reshan Dewapura said: “This is yet another fruition of implementing the ‘Mahinda Chinthana Vision for the Future’ policy statement of the Government. This coincides with yet another concomitant achievement in the industry, that of IT/BPO industry reaching the 5th position as the best foreign exchange earner for Sri Lanka. IT/BPO industry is also a great sector for generating employment”
Ranked among the Top 25 Global Outsourcing destinations by AT Kearney and among the Top 30 Outsourcing destinations by Gartner, the Sri Lanka is highly conducive for global enterprises to enjoy premium access to a high quality talent pool whilst establishing high-in-demand niche global competency centers. Sri Lanka acts as an off-shore development centre and joint venture development centre to several Fortune 500 companies and industry leaders from the North American continent, Great Britain, Australia, Sweden, Norway, and Japan.
zMessenger, Sri Lanka’s award winning integrated mobile media company, launched an enhanced Mobile Device Management (MDM) in Sri Lanka to help private and the public sector to meet the growing challenges. The company plans to cover the Banking and Finance, Manufacture and Distribution, Healthcare and Telco’s which have been identified as the key segments that needs to be more concerned about IT systems, as more and more people in these segments are becoming mobile savvy day by day. The zMessenger MDM solution is designed for IT administrators to quickly secure, monitor and control smart phones along with other personal mobile devices under their care.
The key benefits of using zMessenger MDM are to extend IT systems management policies to devices and operating systems including Android, iOS, RIM and Windows phones / tablets. Protect business data no matter where it sits or is accessed from. At the same time an organization can reduce help desk requests such as mobile email configurations through remote and automatic management capabilities.
“As users continue to access business data and applications through their mobile devices, it will be essential for organizations to find a way to manage those devices for business continuity, accessibility and security reasons” said Ms. Jayomi Lokuliyana, Co-founder / CEO of zMessenger.
She further said, “Local organizations need a robust mobile device management solution that meets IT’s need for security and management, while addressing user needs for seamless access to apps, data and support services from any mobile device. zMessenger, the pioneering company in providing “total mobile solutions” introduces a solution that delivers everything required to mobilize your enterprise, where an IT department, through mobile device management, can keep a track of, protect and update all mobile devices”.
With the surge of ever more powerful mobile devices, users are becoming increasingly mobile, and critical business data is being dragged along with them. Organizations are increasingly finding their users accessing email, files and applications through personal smartphones and tablets, requiring them to extend their existing IT systems management policies to cover mobile devices. With the continued spread of mobile devices, many people are utilizing their personal devices for work as well. Accessing sensitive data on these devices is causing an array of security and compliance issues for businesses and their IT staff, which are now tasked with enabling the use of consumer devices, developing new mobile applications for business use while maintaining consistent policies and device compliance across all employees.
The Computer Society of Sri Lanka (CSSL) recently organised the International Schools Software Competition in Colombo.
The CSSL which was established in 1976 has been playing a major role in promoting Information Technology and Professionalism among those engaged in the field of ICT in the country, for the past 36 years. The CSSL is also a member of the South Asia Regional Computer Confederation (SEARCC).
SEARCC annually organizes the International Schools Software Competition in one of the member countries and this year it was in Sri Lanka organised by CSSL.
The competition involves school children from across the Asian pacific region where they have to develop software as part of the competition. Their ability to do that during the competition is assessed by a panel of judges.
The winner of the competition was Republic of China (Taiwan) team. Australia came in the second place while Indian team won the third place. Sri Lanka Team A won the fourth place.
The competition was held at University of Colombo, School of Computing and the awards ceremony was held at Great Wall Restaurant, Colombo 03. CSSL past presidents and CSSL fellow members graced the occasion. CSSL President Mahesh Perera, CSSL Vice President Ajith Salgado and the CSSL Executive Council members also participated at the event.
hSenid Mobile, a multinational telco-mobile software solutions provider hosted a workshop in collaboration with the Electronic and Telecommunication Engineering Department, University of Moratuwa on Tuesday October 01, 2013.
The workshop titled ‘Future of the Connected World’ comprised sessions on present-day mobile trends, future predictions and the potential of the mobile industry, the various career opportunities available in the IT industry and a one-on-one session with representatives from hSenid Mobile. CEO Dinesh Saparamadu was the keynote speaker of the event. The Head of Department Dr. Ajith Pasqual and other faculty also attended the workshop.
The workshop included the various R&D opportunities available and hSenid Mobile’s role in implementing the ‘internet of things’.
The final address of the session, conducted by CEO Dinesh Saparamadu, focused on career guidance and the various career options available in the information technology industry.
“As an undergraduate and soon a graduate, I continuously urge you all to question if it is a job or a career that you seek. While a career is driven by passion, a job is your usual nine-to-five drill,” said the CEO.
The event held was a continuation to the series of programmes hSenid Mobile intends to implement at university level. Earlier this year the company held workshops at Moratuwa, Ruhuna and Wayamba Universities and at Jaffna University in 2012.
About hSenid Mobile Solutions
hSenid Mobile engineers solutions that enable telecom operators to seamlessly connect to businesses. The platforms are designed to cater to and enhance business and social requirements of enterprise and consumer markets.
Bringing out the best of the breed, 99X Technology emerged as Joint
Mercantile Champions at the “IQA Wisdom Ultimate Quiz Challenge”, organized
by the International Quizzing Association (IQA) Sri Lanka.
This leading table quiz event in Sri Lanka was held on 14th September at
Kingsbury Colombo for the eighth consecutive year where teams comprising of
5 members battled right to the top. Exhibiting its popularity, this year’s
Wisdom Quiz was attended by over 40 teams representing various schools,
educational institutes, mercantile firms, banks and financial institutions,
and independent groups.
Ruwan Senanayake, Country Representative for Sri Lanka for IQA, stated ‘‘we
were the pioneers in introducing the audio visual based questions for table
quizzes and I as the compiler of questions always endeavor to meet the
standards set by the IQA. This is the only table quiz held according to IQA
rules and standards.’’
Commenting on this achievement Mr Mano Sekaram, CEO of 99X Technology
stated ‘‘we are delighted to have participated in the IQA Wisdom 2013 and
been judged as Joint Mercantile Champions. As thought leaders in the IT
industry, this goes on to showcase our talent beyond just delivering
software product engineering services globally.’’
Concluding a very tough competition and after a two-tie break, three teams
including 99X Technology remained on the top, joined by Dialog Team A and
IFS, whilst the overall winners were Chamara Sumanapala’s team. Other
winners included Royal College Team A and HNB Team A.
The members of 99X Technology comprised of Shirantha de Alwis (Associate
Tech Lead and Team Leader), Ivantha Senevirathne (Senior Software
Engineer), Rangitha Kuruppu (Trainee Software Engineer), Ravindu Madanayake
(Infrastructure Management Engineer) and Navaka Nawaratne
The quiz comprised of 50 questions in 10 questions per round based on 5
areas namely current affairs, sports, general knowledge, space & astronomy
& arts/literature and entertainment.
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