Business
HUTCH completes implementation of advanced Oracle Cloud ERP system
HUTCH accomplished yet another major milestone in its rapid transformation journey, successfully implementing the latest Oracle Fusion Cloud Enterprise Resource Planning (ERP) system in the middle of the COVID pandemic.
Most legacy ERP systems including Oracle are fully deployed on-premises but now technology is moving toward the Cloud and Hutch decided to leap forward and implement a future-proof Oracle Cloud ERP.
The project was facilitated by Hutch Sri Lanka’s parent, CK Hutchison group through its global innovations arm CKH-IOD, and spearheaded by LOLC Technologies Limited partnered with EVOSYS Global, an International Platinum Partner for Oracle. Hutch also partnered with PWC-Sri Lanka in the process to acquire expert consultancy services on this program
Lalith Fernando, Chief Financial Officer of Hutch commented, “The implementation of the Oracle Fusion Cloud ERP system will allow us to transform the business to help achieve our goals while adhering to global best practices. The Oracle ERP system is a complete, modern, cloud ERP suite that offers us advanced capabilities, such as AI to automate the manual processes, analytics to react to market shifts in real-time, and automatic updates to stay current and gain a competitive advantage.
The successful on-time implementation of this ERP system was all the more impressive as it has been executed almost in its entirety during the COVID pandemic which did not allow full on-premise project execution by vendors and project consultants”.
The Oracle Fusion modules comprise; Oracle Fusion Supply Chain, Oracle Fusion Finance, and Oracle Integration Cloud (OIC). Everything together offers a unified experience allowing best practices, modernized key operations, and automated Finance & Supply Chain business functions integrating core operations and business support systems (OSS/BSS) in a dynamic Telco environment to provide improved decision making and operational efficiencies.
This ERP project is the latest part of Hutch’s merger with Etisalat Lanka that was initiated in 2019 and has led to the modernisation of the entire operation from the deployment of an advanced 4G network and the complete digitalisation of its back-office operations. This will enable Hutch to continue to offer the best mobile broadband experience to its customers at the most affordable rates.
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.”