Business
Root Code AI sets the pace in $120 billion industry
The panel also concentrated on taking businesses forward, building software solutions powered by AI.Pic by Kamal Bogoda
By Steve A. Morrell
Root Code AI, an IT company initiated by CEO Alagan Mahalingam, had a press discussion recently. AI (Artificial Intelligence) spans the globe to ensure accurate financing, banking, marketing, supply chain data and related exercises that are now translating into an over 120 billion dollar industry.
Root Code AI set the pace for Sri Lanka to enter this international phenomenon of importance. Mahalingam said Root Code AI encompassed the full gamut of the supply chain, including agriculture, and the new phenomenon of drones, to assist in land use and man power development for effective technological advantage.
Claiming international influence, Mahalingam said they cater to markets in the US, Europe and Asia. Root Code Labs, headquartered in Sri Lanka, is also linked to corporate offices in Estonia and San Francisco in the US. Several businesses worldwide are increasingly dependent on Root Code to franchise their supply chain operations.
The panel also comprised Co – Founder and CEO, GLX Randhula De Silva, Vice President IFS Mangala Perera, and founder and CEO, Curve – Up Mohammed Fawaz.
Moderating discussions Alagan Mahalingam informed the participating audience that the panel would discuss successes initiated by Root Code that have impacted businesses internationally.
The panel was of the view that AI’s success would be of multi- importance in the short space of the next 5 years..