ICT industry to double growth : Mini Infotel planned in Jaffna from February 26 to 28

8-Feb-2010

By Cheranka Mendis

COO of ICTA, Reshan Devapura (middle) speaking at the press conference while Chairman Exhibition Committee, A. Jayaseelan (L) and Chairman of Infotel Ruwan Weerasinghe (R ) looks on.

The Information Communication Technology (ICT) industry in Sri Lanka is on its way to grow at twice the rate than at present and has great potential to contribute to the socio economic development of the country.

Amba Research emerges as the preferred vendor for Financial Services Analytics

8-Feb-2010

Amba Research announced that it has been ranked amongst the top 3 investment research KPO (Knowledge Process Outsourcing) vendors in the annual Black Book of Outsourcing survey for 2009.

The survey covers areas such as trust, training, delivery excellence, scalability, data security, and many other areas that clients take into consideration when engaging with an outsourcing partner.

How social media is changing the face of enterprise applications

8-Feb-2010

By Dan Matthews

Chief Technical Officer IFS Charles Darwin said: "It is not the strongest of the species that survive, but those that are most responsive to change."

Dan Matthews, CTO at IFS, looks at how social media is changing the face of Enterprise Applications
Our Customers are being challenged by an ever more complex and demanding market and globalisation is the key driver of this change. It's far from a new phenomenon but the economic climate has catalysed the need for businesses to look beyond stagnant domestic markets and expand operations into emerging and growing economies. As a result, the way businesses operate is increasingly complex with offices in locations all over the world, a decentralised knowledge base, and global supply chains and dispersed virtual teams that must collaborate and work together irrespective of location.

Nano Centre now ready

8-Feb-2010

A fully-fledged Nano Centre worth Rs 700 million at the Sri Lanka Institute of Nano technology (SLINTEC) is now ready to give Sri Lanka a new competitive advantage as an emerging innovative industrial power by using research and development to infuse nanotechnology based solutions into local industries.

Major techno exhibition in October

7-Feb-2010

By Quintus Perera

Technology Transfer is an expensive exercise, but participating in exhibitions such as National Engineering and Technology could enable the participants to gain knowledge on new innovations and inventions at a lesser cost, said Prof Ananda Jayawardane, President-Elect, Institution of Engineers Sri Lanka (IESL) and Chairman, Techno 2010 Exhibition and Awards while declaring the launch of Silver Jubilee Techno 2010 in Colombo last week.

Sri Lanka can aim at being the next knowledge economy hub

7-Feb-2010

By Duruthu Edirimuni Chandrasekera

The country’s strategic location and its island setting has made Sri Lanka well placed to be an international telecommunications exchange centre, with which it can pitch for a premier position as the next knowledge economy hub, according to Priyantha Kariyapperuma, former Director General Telecommunication Regulatory Commission (TRC).

HRM Awards: who are the real winners

7-Feb-2010

The Association of HR Professionals have set the stage again for yet another roll out of the HRM Awards, a national level corporate event which aims to portray the industry best practices in relation to the human resource function.

New Study Says Demand for Outsourced Services will Accelerate, Driven in Part by Nearshoring

7-Feb-2010

Outsourcing providers around the world predict that demand for their services is expanding rapidly, and they are adding staff and investing in new services to meet expected growth, according to a new survey from Duke University’s Offshoring Research Network and PricewaterhouseCoopers (PwC).

- Overall, 62% of service providers said they plan to expand the scale of their existing offerings.

- 70% of outsourcing deals in 2008 were renewed at the expiration of the first contract, down from 72% in 2007.

Etisalat Announces AED 8,836m Net Profits in 2009 An Increase of 16% Over 2008

7-Feb-2010

Etisalat has announced its preliminary consolidated financial results for the year 2009, revealing a Net Profit of AED 8,836m for the Group compared to AED 8,511m recorded in 2008, which included profit on sale of shares in Mobily of AED 892m after federal royalty.

Suntel joins FITIS to promote Cloud Computing

5-Feb-2010

Suntel has come forward as the principal sponsor of SLASI Tech Forum 2010 - Cloud Computing Demystified. Tech Forum is the flagship ICT industry forum, annually organised by the Software Chapter of the Federation of Information Technology Industry, Sri Lanka ( FITIS).

At Tech Forum, decision makers of the ICT industry get an opportunity to obtain independent views of technology innovators and industry thought leaders, on an emerging technology. The industry's much hyped Cloud Computing technology is this year's topic.

Security Guru Bruce Schneier to speak on “Reconceptualizing Security” at Microsoft Tech.Ed 2010

5-Feb-2010

Microsoft’s premier technology event Tech.Ed 2010 will experience the presence of one of the technology world’s most acclaimed celebrities, American cryptographer, Computer Specialist and writer Bruce Schneier. Mr. Schneier is an internationally renowned security technology specialist. He will share his knowledge on “Reconceptualizing Security” a timely topic in today’s business context.

Nenasalas make their mark at 'Deyata Kirula' National Development Exhibition

4-Feb-2010

The Information and Communication Technology Agency of Sri Lanka (ICTA) will participate  at the Deyata Kirula exhibition organised under the patronage of President Mahinda Rajapaksa and held at Pallekele, Kandy from today till 10th instant.

ICTA's participation will be articulated  mainly by the Nenasala stall forming part of the National Development exhibition which will be inaugurated today coinciding with the 62nd  Commemoration of Independence Day.

IT-BPO Industry to attract UK SME clients

3-Feb-2010

SLASSCOM, the national IT/BPO industry chamber, has initiated an aggressive promotional campaign in the UK in order to introduce Sri Lankan IT/BPO capabilities and to help build relationships with key decision makers in the UK and Europe.

 “We are focusing on UK and Europe as one of our strategic markets to promote the Sri Lanka IT/BPO industry. UK has been a long standing trade partner of Sri Lanka and through the partnership; we aim to extend this to the emerging IT/BPO industry” said Ashique M Ali, Director and Global Trade Forum Leader of SLASSCOM.

Lanka, fastest growing IT market - BMI

3-Feb-2010

Sri Lanka's information technology market will be among the best potential growth prospects in South Asia, says the Business Monitor International (BMI) of UK.

Total IT spending is seen as nearly doubling to US$494mn by 2013, with considerable upside. This projected CAGR of 15 percent would make Sri Lanka one of the fastest-growing markets in the region, states BMI in its IT market report.

SLIIT to enrol South Asian students: Student enrolment increased last year

3-Feb-2010

The Sri Lanka Institute of Information Technology (SLIIT) has planned to enrol students from India, Bangladesh and Maldives. Initially the students will be from the region according to proximity and then SLIIT will cater countries such as Pakistan and the Middle East in the next phase, Sri Lanka Institute of Information Technology (SLIIT), President/CEO, Prof. Lalith B. Gamage told the Daily News Business.

Sri Lanka plays leading role as APCERT conducts regional cyber crimes drill exercise

2-Feb-2010

The Asia Pacific Computer Emergency Response Team (APCERT) completed its annual drill to test the response capability of leading Computer Security Incident Response Teams (CSIRTs) from Asia Pacific economies recently (28 January).

The theme of the drill was Fighting Cyber Crimes with Financial Incentives. The objective of the drill is for participating teams to exercise incident response handling arrangements, locally and internationally, to mitigate the impact of ongoing internet based attacks and to enable better coordination of teams in the region in tackling cyber incidents.

Lanka grows as superior software developer: EVES Group to expand markets

2-Feb-2010

By Charumini de Silva

Sri Lanka has much potential to grow as a software developing country. IT professionals in Sri Lanka are well skilled and the project management capabilities of them are very high where they could compete with the global IT giants, EVES Information Technology Lanka and EVES Group Germany Chairman Sebastian Ebel told Daily News Business.

A Symposium on Combating Credit Card Frauds

1-Feb-2010

The most innovative ICT solutions provider in Sri Lanka with a proven track record of 12 years and a stunning number of 20 local and international awards won during last year, Epic Lanka is conducting a symposium on Combating Credit Card Frauds with Terminal Line Encryption on Thursday the 18th February 2010 at Cinnamon Lakeside, Colombo.

Virtusa Corporation unveils its new Visual Identity: To reinforce its core focus of providing business outcomes to customers

1-Feb-2010

Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad spectrum of business consulting, IT services and IT outsourcing, today unveiled the new visual identity of its corporate  brand. The new visual identity, including a new logo, highlights Virtusa’s commitment to focus on delivering business outcomes to customers. The new tagline “Accelerating Business Outcomes” reinforces and emphasises the company’s value proposition of providing technology solutions to customers that enable them to improve their customer experience, improve time to market, lower costs and expand market reach.

CIMA launches fast-track route for MBA holders

1-Feb-2010

The Chartered Institute of Management Accountants (CIMA), rated as the most sought qualification for management positions in Sri Lanka (as per a Ministry of Labour survey 2008), launched an innovative fast-track route for MBA holders to become CIMA qualified - the CIMA Masters Gateway (CMGA).

With professionalism at the top of the corporate agenda following on from the global financial crisis, there has never been a more important time for employees to prove their accountability and understanding of business ethics.

Mobitel partners Turner Broadcasting: To deliver CNN mobile news on demand

1-Feb-2010

In a further demonstration of Turner’s industry-leading position in the mobile industry, Sri Lankan national mobile service provider Sri Lanka Telecom Mobitel is to offer its customers access to CNN’s latest global news content through one call.

With a few clicks, Mobitel customers can watch CNN breaking news and the latest top stories, weather, business, entertainment, politics and more on an on-demand basis by dialling 555.

IPM launches two new diploma courses

1-Feb-2010

The IPM Business School launched two new diplomas, namely Diploma in Occupational Safety and Health (DIOSH) and Diploma in Industrial Relations and Industrial Law (DIIRIL) recently.

This event attracted a large number of HR professionals, corporate heads, students and trade unionists. The Chief Guest at this special event was Labour Relations and Manpower Ministry Secretary Mahinda Madihahewa.

Access to a British Degree after O/Ls at APIIT: Accelerate your journey in Higher Education

31-Jan-2010

Higher education is the single most important contributor to success in life. Higher education leads to better careers and higher earnings. Numerous studies have demonstrated again and again that graduates earn several times more than non-graduates in a lifetime. Not surprisingly, millions of students all over the world pursue higher studies. It has been estimated that there will be 150 million students in higher education by the year 2010. In Sri Lanka too a large number of students aspire for university education. Unfortunately, opportunities for higher education in Sri Lanka are very limited. Less than 3% of students enrol in university education in Sri Lanka whereas the enrolment rate in most developed countries exceeds 50 %.

Nasscom worried over US indirect protectionism

31-Jan-2010

Reacting to US President Barack Obama's decision to end tax breaks for companies shipping jobs overseas, the National Association of Software and Service Companies (Nasscom) on Thursday hoped that the US government would not take protectionist measures to stop outsourcing of jobs.

Human resources vital for company growth –Minister

27-Jan-2010

By Don Asoka Wijewardena

Public Administration and Home Affairs Minister Sarath Amunugama, making a keynote address on human resources development in Colombo recently, stressed that organizations must value their human resources.