Business
Thought leaders focus on Digital & Ai for purpose-led decision making
Engenuity Ai a Global Centre of Excellence hosted a fireside chat themed “the Divergent” last week.
The event was well attended by all major business stakeholders from all industry verticals in Colombo.
It highlighted the fact that Sri Lanka and its business communities can thrive and leap frog rest of the emerging economies by adopting digital as a philosophy, remaining relevant and profitable driving accelerated global scale innovations locally. This as highlighted by the eminent panel was the most viable solution to ensure Sri Lanka is able to bridge the present economic crisis as well as the most potent tool to hyper grow of the GDP.
But unlike the traditional approach which involves large upfront investments, long implementation timelines and even longer time to receive tangible benefits the panel explored a radical and an agile approach. This approach does not require large upfront investments or having the need to sort out the complex infra structure or it’s maturity, but help both top government & corporate executives to have a view of the end state from day one by using cutting edge digital innovation techniques, accelerators & most importantly a new way of thinking about the business journeys offered by global centers of excellence for Digital Design &Innovations like Engenuity Ai.
It was highlighted that Digital &Ai is not a choice but a catalyst for new business’s, products & services for the post pandemic era. This fact was exemplified by some of the cutting-edge Ai driven technology products on display at the event. Among these products were the “Lucid Engen” – A Smart Document Processing Platform that can not only detect& scan any type of document but can also on its own understand the content & intent by using both Natural Language processing &Machine Learning. The “Engen-Fix” the perfect solution for vehicle insurance companies helping them asses vehicle damage through Computer Vision, Machine learning technologies and helping compute value & offer reporting in mere seconds directly to client, The “Agro Tensor” a plantation management platform that helps offer real-time monitoring, control and analytics of the plants and automates responses from facilitating water to fertilizer ratio mixes, predicting plants growth, yields,and simulating the plants possible pathologicalreactions based on extrinsic and intrinsicchanges. This platform uses a combination of advance statistical analytics, AIOT, ML, CV and optimization algorithms to create this Plant Digital Twin.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”