Business
‘Sri Lanka’s IT export revenue can grow 10x by delivering business outcomes over mere technology’
As Sri Lanka’s long-standing IT export dominance continues to be tested through the emergence of similarly positioned but more cost-effective destinations, a dialogue has started on a much-needed shift in the IT sector’s export outlook, skills, and positioning.
Such concerns were raised by former Australian Computer Society President Yohan Ramasundara in a panel discussion at the Heritance Hotel – Negombo, convened informally during a recent visit to the island, where he highlighted sector issues and tech serving a business purpose as a potential value differentiator globally.
The Sri Lankan-born IT pioneer addressed an audience comprising a diverse group of tech leaders including the local arm of Beta Launch, a Melbourne-based product management and engineering consultancy where he is Co-Founder.
A highly respected IT and Governance professional whose counsel is sought internationally by bodies ranging from the International Federation for Information Processing (IFIP – UNESCO) to WFEO – World Federation of Engineering Organizations, Yohan has also been instrumental in shaping Australia’s startup ecosystem having previously held the position of Chairman at both Startup Catalyst and River City Labs Accelerator.
Drawing on his extensive experience shaping the Australian tech industry, the discussion focused on Sri Lanka’s current IT export issues including growth constraints and the limiting nature of the IT sector’s value proposition globally.
‘Clients now expect digital products and projects to meet their expected business outcomes, regardless of industry, and where Sri Lankan talent falls short despite our proficient tech skills, is in grasping customer and business requirements properly to ensure the outcomes outlined for specific projects are delivered beyond mere tech delivery’, Yohan stated.
As a solution to the problem, the discipline of product management was put forth as offering a framework to match customer and business needs through tech, so it isn’t disconnected from business outcomes clients look to achieve. This would allow Sri Lanka to position itself as IT and product management consultancy specialists that can compete with other IT consultancy-focused nations, rather than with tech sellers in Southeast Asia and Eastern Europe.
‘We must move away from positioning ourselves as selling software engineering and UX professionals to creating partnerships with clients that’ll enable them to achieve their outcomes, so that when a global client engages a Sri Lankan firm, they can hit their OKRs as well and not just get their tech done’, Yohan explained.
Drawing attention briefly to his own Melbourne and Sri Lanka based product management and engineering consultancy Beta Launch, Yohan spoke of how they’ve been relentlessly solving business problems for clients but noticed how many in Sri Lanka focus on the tech and the business separately and rarely together.
Yohan brought the panel discussion to a close stating, ‘I believe the Sri Lankan IT export sector can grow exponentially if our talent not only develops proficiency in their own technical domain, but acquires more knowledge about different business domains, so we can solve the world’s business problems through tech’.
Beta Launch conducts its product management workshops for enterprise and startup clients globally and has parallelly established knowledge transfer partnerships with Sri Lankan universities, to ensure the IT and product philosophy of serving business outcomes through tech can enable the sector’s pursuit of export growth.
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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