Business
‘WSO2, Sri Lanka’s largest software company, closes yet another successful year’
The expansion of WSO2’s worldwide customers, revenues, team, partner network, and speaking engagements at leading global events positions the company for its next stage of growth
WSO2, a global leader in digital transformation technologies, today announced that it is on track to close this financial year with 30% year-over-year (YoY) growth. Contributing to customer adoption was WSO2’s participation in several of the world’s most influential tech and software development conferences visited by over 500,000 industry experts in 2022. More than 800 customers in over 90 countries—including government agencies and global leaders in financial services, communications, healthcare, and technology—now rely on WSO2’s products and solutions.
In 2022, WSO2 saw additional gains, including:
Double-digit growth in annual recurring revenue (ARR) across the company’s business units
Extension of the partner network to over 200 across the Americas; Europe, the Middle East, and Africa (EMEA); and Asia-Pacific
Expansion of WSO2’s global team to 900-plus employees
Global recognition in analyst reports from Gartner, G2, Forrester, and KuppingerCole, among others
Two new offices incoporated in Singapore and Malaysia
Global Presence in 2022 Supports Next Stage of Growth
In 2022, WSO2 invested significantly in expanding its global market presence by participating in 100-plus events, including the global Gartner Summits and Symposiums, GITEX (Dubai), KubeCon + CloudNativeCon (North America), and Identity Week (UK and Singapore). The recently concluded Gartner IT Symposiums in Europe and North America, alone, had a combined audience of 17,000 attendees.
The events have also provided a platform for WSO2 to exchange insights and best practices with other industry experts, staying true to the company’s open-source values. WSO2 executives speaking at the conferences have included:
Asanka Abeysinghe, chief technology evangelist
Kanchana Wickremasinghe, vice president and general manager, API and integration
Geethika Cooray, vice president and general manager, IAM
Seshika Fernando, vice president – banking and financial services
Growing Demand for WSO2’s Solutions
WSO2’s strong growth has persisted despite global economic uncertainty. Many organizations have accelerated their digital transformation initiatives to enable online communications, collaboration, and commerce, reducing project schedules from years to months or weeks. These companies increasingly rely on WSO2 for API management, integration, and customer identity and access management (CIAM) in order to innovate new, secure digital services and applications faster. WSO2’s next-generation cloud solutions: Choreo, Asgardeo, and WSO2 Private CIAM Cloud, help wider audiences take advantage of the company’s solutions technologies.
“For a company founded in Sri Lanka to stand side by side at leading global events with technology giants like Microsoft, Google, and Intel is an impressive feat. It demonstrates the company’s, and our people’s, standing within the industry”, said Radhik Colombage, vice president of corporate marketing at WSO2. “In the past year alone, we’ve presented at over 100 events, speaking to thousands on diverse platforms and stages. These events attract the who’s who, the movers-and-shakers, and thought leaders of next-generation industries. That is a massive accomplishment, showing how much we’ve grown as a company over the past two decades”.
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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