Business
Globally distributed British tech consultancy Codification expands operations into Sri Lanka
Codification, a globally distributed digital transformation consultancy based in the UK, entered into the Sri Lankan market last year and has since accelerated hiring in the country. Having been impressed by the quality and capabilities of the talent Sri Lanka has to offer, Codification has been recruiting key senior personnel and moving major operational functions to Colombo, including areas such as engineering delivery and sales and marketing functions. The company also announced the launch of a new Sales Academy and a DevOps Academy in the country.
Speaking on expanding operations into Sri Lanka, Codification Founder and CEO Richard Smith stated: “Our aim is to become a globally distributed company with worldwide operations. We hire in Sri Lanka primarily because of the engineering talent that has emerged over the past decade. It’s also strategic when it comes to the location. We have customers in the UK, Europe, the Middle East, and Asia, and have ambitions to follow the sun with a global workflow. Our hiring process in Sri Lanka has been quite impressive, because not only is the team extremely talented, but they have the soft skills required to drive our values forward as well.”
The global digital transformation market spending is projected to reach $ 1.8 trillion in 2022. By 2025, global digital transformation spending is expected to reach $ 2.8 trillion. As a hyper-growth start-up, Codification’s attempt to capture this market has seen them utilising the prowess of Sri Lanka’s high-quality engineering and business talent.
The company has seen exponential growth since launching its operations in Sri Lanka in June 2021, with its revenue growing 60% in 9 months. Riding on this success, Codification has made key senior management hires within the country, where they aim to use the wealth of the collective experience of some of Sri Lanka’s finest talent to expand its operations.
Commenting on talent acquisition for the expansion, Codification Head of Talent Acquisition Ms. Hinaya Akram noted: “Since launching operations in Sri Lanka in 2021, we have expedited the talent acquisition process significantly and we hired over 80 new team members from Sri Lanka. In 2022, as we expand rapidly, our goal is to double our numbers.”
Codification’s collective Sri Lankan roster now boasts of over 85 professionals. The company’s increased investment into engineering and business talent demonstrates its commitment towards harnessing the talent of Sri Lanka’s best minds to become a global industry-leader while providing opportunities on the world stage for local talent.
“At Codification, we believe in idea meritocracy – an environment where collaboration and discussion are encouraged – and through that, the idea that gains the most consensus wins. We’re committed to transparency and honesty within the organisation and we’ve created a culture where diversity is celebrated,” Mr. Smith added.
With significant investments in Sri Lanka, Codification also took steps to safeguard the financial security of its team members, where it has shown cognizance towards the adverse effects of the exchange rate-induced inflation in Sri Lanka.
To alleviate the negative effects and further demonstrate the commitment towards Sri Lanka, the company has decided to peg the salaries of its Sri Lankan roster to the pound sterling. As a consultancy service business, Codification hopes that this step makes sure their team members and their families are safe against the depreciation of the Sri Lankan rupee and the increasing cost of living.
Codification is a remote-first digital transformation consultancy that specialises in cloud native technologies, DevOps adoption, Kubernetes and DevSecOps consultancy, SRE, and IT governance, currently with a presence in the UK, Bulgaria, the Middle East, Malaysia, and Sri Lanka.
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.
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.”
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