World’s leading ICT solutions provider Huawei and Sri Lanka’s Softlogic Information Technologies Pvt Ltd, a subsidiary of Softlogic Holdings PLC, and one of the country’s leading software and hardware solutions providers, recently announced their partnership in enterprise solutions, Cloud and AI to bring innovative ICT solutions to the Sri Lankan market.
The digital economy is now firmly established as a core driver of growth to nations and its industries and the importance of digital technologies to the modern economy is undeniable. Softlogic, which came into being as an IT company almost 3 decades ago, today holds a leading market position in the country for infrastructure modernization. It is in a unique position to help local organizations and Sri Lanka discover innovative ways to manage technology that helps shape business strategies to achieve growth.
“In the last decade many revolutions have taken place – the internet revolution, the mobile revolution and even the social media revolution: however there are a lot of organisations in Sri Lanka that have not adapted to these changes. What we are trying to do at Softlogic is to help them transform digitally. At Softlogic we possess a lot of experience to help organisations to make this transformation.” said Softlogic Information Technologies Chief Executive Officer/Director Roshan Rassool. He went on to add, “According to the world bank, the global economy is worth USD 86.598 trillion, out of which the digital economy contributes approximately 15% of the overall GDP and is anticipated to grow to 24.3% by 2025 (UNCTAD)”.
Huawei Sri Lanka CEO, Liang Yi speaking at the event stated that “The partnership with Softlogic will enable us to provide innovative solutions to the Sri Lankan market, mainly using the disruptive technologies of Huawei such as cloud, connectivity, AI and Smart City technologies. We have established a competitive information and communications technology (ICT) portfolio of end-to-end solutions in telecom and enterprise networks, devices and cloud computing.”
He further added that Huawei’s digital services are designed to help global businesses undertake their digital transformation journey. These digital services cover every step of the transformation process — and beyond — from strategic development and implementation to operational support, effectively helping customers successfully realize digital transformation, now and in the future.
“In today’s world, collaborative smart ecosystems are essential in a modern, connected office, which leverages cloud capabilities to deliver a seamless user-centric experience, designed to enhance the way teams work together wherever they work from” Liang Yi added.
He highlighted that Softlogic Technologies’ IT sector provides a platform for Huawei to provide a range of solutions along the IT value chain that could cater to the ICT landscape as well as a number of other industries including Education, Healthcare, Retail and Transport.
Huawei Enterprise provides a broad range of innovative ICT infrastructure products and solutions for vertical industries and enterprise customers worldwide. Being a global ICT solutions provider playing to its strengths in ICT development, Huawei makes full use of the latest technologies, and closely works with customers, partners, and industry experts to explore full potential.
“Softlogic aims to bring in world class solutions to the local market to assist in this digital business transformation, not just for businesses but even from a country perspective. Most existing organizations not just in Sri Lanka but across the globe, have continued to conduct their business in a manner in which they did during the pre-internet era. These gaps were clearly seen during the covid-19 ‘lockdown’ periods where organizations found themselves completely under prepared in their supply value chain and their availability to offer digital services online to capture new markets and gain the much needed efficiencies from a digital system. Hence our partnership with Huawei can only result in a win-win situation for both our customers”, said Rasool.
Aitken Spence invests in yet another renewable energy project in hydropower
Dr. Parakrama Dissanayake – Deputy Chairman and Managing Director Aitken Spence PLC accepting the share transfer form from Harsha Abeywickrama – chairman Sunshine Energy Ltd; in the presence of Ms. Stasshani Jayawardena – Executive Director Aitken Spence PLC, Dr. Rohan Fernando – Executive Director Aitken Spence PLC, Ms. Nilanthi Sivapragasam – Chief Financial Officer Aitken Spence PLC and Leel Wickremarachchi – Managing Director of the power segment from Aitken Spence PLC. Shyam Sathasivam – Managing Director, Sunshine Energy Ltd. and Harin Udeshi – Director, Waltrim Energy Ltd.
Aitken Spence PLC recently acquired Waltrim Energy Limited, a subsidiary of Sunshine Holdings PLC for Rs. 900 million. The company contributes 6.6MW to the national grid via three mini hydropower plants located in the Nuwara Eliya district, namely of Waltrim Hydropower (Private) Limited, Upper Waltrim Hydropower (Private) Limited and Elgin Hydropower (Private) Limited. Waltrim hydropower draws energy from Kothmala Oya, Upper Waltrim hydropower and Elgin hydropower from Dambagasthwala Oya.
Aitken Spence expands its portfolio in hydropower in the pursuit of meeting rising energy demands, sustainable development, access to clean energy and lowering our national carbon footprint. This is the second hydropower plant which is owned and operated by Aitken Spence. Branford Hydropower (Pvt) Ltd. is the other hydropower plant with a 2.5MW capacity located in Matale. The company also owns and operates a wind power plant with 3MW capacity located in Ambewela.
“This is yet another investment made by Aitken Spence that shows our commitment to expand the power generation portfolio with renewable energy projects. Hydro power plays a key role in renewable energy segment in Sri Lanka and this initiative strengthens the country’s efforts to move towards cleaner energy sources and effective and efficient management of sustainable and affordable generation of energy supplied to the national grid,” commented Dr. Parakrama Dissanayake, Deputy Chairman and Managing Director of Aitken Spence PLC.
“Aitken Spence maintains highest environmental, safety and quality standards in the management of our power plants. These stringent management frameworks will be extended to the newly acquired power plants to meet compliance requirements as well as global benchmarks for cleaner production of energy,” added Leel Wickremarachchi, Managing Director of the power segment of Aitken Spence.
The Power segment of Aitken Spence is a leading player in the sector with a reputation for investing in pioneering technologies and has diversified into renewable energy by establishing hydro power and wind power plants to support Sri Lanka’s demand for energy. With their commitment to increase the country’s energy consumption from renewable energy sources, the company recently introduced Sri Lanka’s first waste to energy power plant that was officially launched in February 2021. Moreover, these initiatives are in line with the collective efforts of government and the private sector to produce clean energy sustainably.
Best Woman Entrepreneur at Entrepreneur Awards 2020
Christell Skin Clinic proved their mettle as industry leaders yet again, by clinching the three topmost awards at the recently held Western Province Entrepreneurship Awards Ceremony 2020. The highly-anticipated annual event -jointly organised by the National Enterprise Development Authority (NEDA) and the National Chamber of Commerce of Sri Lanka- took place this year at the BMICH.
The event brought together industry leaders and newcomers with the aim to recognise and honour micro, small, medium and large sector entrepreneurs that have contributed significantly to Sri Lanka’s service sector over the past year.
The country’s leading aesthetics and wellness centre took home The Best Enterprise service sector trophy, as well as the Best Entrepreneur of the Year award – the most sought-after prize of the night. More notably however, the Best Woman Entrepreneur title was awarded to the director of the Christell Skin Clinic, Dr. Shanika Arsecularatne, in recognition of her inspirational journey to becoming one of the most successful businesswomen in the country, and also of her outstanding contribution to the field of cosmetology and wellness in Sri Lanka.
“I’m truly honoured to receive this recognition, especially because I believe that no one receives an award like this out of sheer luck, but rather in acknowledgement and appreciation of the hard work, sleepless nights and sacrifices we have all made, to be where we are today,” said Dr. Arsecularatne on accepting her award.
Plastic Modified Asphalt Concrete car park in Sri Lanka
The car park of the Walgama Food City with its new “Paving with Plastic”
As a socially responsible corporate citizen, Cargills holds a strong commitment to serving the nation and preserving the planet for future generations. By partnering with AGC Innovate Pvt Ltd – one of the country’s leading innovative solutions providers – Cargills initiated the launch of “Paving with Plastic” as a means to address Sri Lanka’s plastic waste menace in an ecofriendly and pragmatic approach.
The benefits of plastic are irrefutable – this versatile material is ubiquitous in our everyday lives, due to it being cheap and convenient to produce as well as being highly durable and user friendly. However, once used and disposed, plastic lingers in the environment for too long and does not decompose.
As a result, the inherent problem of plastic pollution is a global crisis, with Sri Lanka generating approximately 7000 metric tons of mismanaged solid waste daily, with 6% accounting for plastic and polythene waste. Therefore, in the absence of a proper waste management system, non-recyclable plastic is dumped in large landfill sites. These sites are now exceeding their maximum capacity, and has led to pressing environmental and social concerns in the country.
As a first step to tackling this waste plastic problem, Cargills made a landmark decision to pave the Cargills Food City Carparks using Plastic Modified Asphalt Concrete, partnering with AGC Innovate.
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