Business
Kingslake builds on deep industry knowledge and AI techniques to help manufacturers stay ahead of the game
Can a thirty-year-old IT solution provider for the manufacturing industry be relevant in the age of AI? Kingslake, Sri Lanka’s leading manufacturing solutions experts, is harnessing its strong industry acumen and experience in advanced algorithms and AI technology to help manufacturers stay competitive through its mission-critical software solutions.
“At Kingslake, we harness our deep knowledge of the manufacturing industry as well as our research DNA to use the latest AI techniques in niche areas in order to provide specific solutions to problems that were otherwise not solvable before cloud computing and the recent advances in AI,” says Dr Dharmavasan, Founder and Chairperson of Kingslake. “We are continuing to invest in other niche areas so that we will always be in a position to provide manufacturers with really smart tools with which to increase both their visibility and productivity.”
With the complicated line-balancing flow-oriented production strategy for instance, scheduling is an issue common to most textile and other manufacturing industries, especially when absenteeism runs at an average 5% and production lines need to operate seamlessly for maximum productivity. Kingslake’s original Kingslake Blue Line Balancing product uses data of skills inventory, attendance, and the required skills to re-schedule dynamically. The method using traditional mathematical models has now been expanded to cover a wider scope to optimise the entire factory using AI techniques.
What differentiates the company even further however, is an ecosystem which nurtures and invests in the professional growth of young talent while also retaining key staff; many of whom have been with the company from inception. The cross-functional and diverse team of bright young graduates and experienced older professionals working together is what the company feels has driven innovation within the firm, leading to a unique stack of newer and more useful products.
“We use the typical academic model where a fresh PhD student becomes an expert on a particular niche area within 3-6 months together with the fresh graduates,” added Dr Dharmavasan. “But this requires experienced senior professionals to guide them. We are fortunate to have some of the best brains in the business.”
It would seem that with this approach of combining deep industry know-how and a finger always on the pulse of emerging AI trends, Sri Lankan companies like Kingslake can not just thrive within the country, but also become global players.
With its roots in the UK -set up first to commercialise research carried out for the Oil and Gas Industry-, Kingslake was involved with AI developments as far back as the early 1990’s. When the Sri Lankan operation commenced in 1993, the focus was to build capacity to implement ERP, production scheduling, and tracking systems for local manufacturers using local talent. This long history of implementing systems has provided the deep knowledge of the unique problems that need to be solved for the manufacturing industry, as well as the expertise and corporate memory to build new cutting-edge solutions.
Today Kingslake builds and delivers software that enables manufacturers to increase the visibility of their operations, be it customer service, inventory management, planning, procurement, manufacturing, engineering, HR, transport or finance.
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.”
US sports envoys to Lanka to champion youth development
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