Category: Technology
Virtusa says 85-pct businesses plan to invest in digital transformation in 2018
Virtusa Corporation(NASDAQ GS:VRTU), a global provider of digital engineering and IT outsourcing services that accelerate business outcomes for its clients, announced the findings of The Digital Transformation Race Has Begun, a September 2017 study commissioned by Virtusa and conducted by Forrester Consulting, that reflects the digital maturity of firms worldwide. The study evaluates the state of […]
Sri Lanka targets pharmaceuticals self-sufficiency with new zone
Apr 03, 2018 (LBO) – Efforts to increase domestic and foreign investment in Sri Lanka’s pharmaceuticals industry is set to boost output, Oxford Business Group (OBG) said in its recent Sri Lanka economic update. OBG said latest measures will also broaden the sector’s product range, bringing the country closer to the government’s goal of self-sufficiency […]
Benefits of AWS Cloud Computing
Amazon Web Services(AWS) offers a secure cloud service platform, with ample compute power, database storage and myriads of other services that are vital to aiding a business scale and grow. To keep it short here’s why you need to join AWS and a few of the benefits it holds in store for your business.By the […]
Invest more in people, or risk extinction: Oracle’s Dalal tells SLASSCOM Summit
Apr 02, 2018 (LBO) – No matter how successful companies are today, they may risk extinction if they fail to invest in their employees and won’t transform with changing times, Head of HCM Cloud Applications (Asia Pacific) at Oracle Corporation, Yazad Dalal recently warned companies and business leaders. He advised companies to invest in the […]
Sri Lanka plans to issue licenses for electricians from October
Mar 23, 2018 (LBO) – Sri Lanka’s electricity sector regulator, Public Utilities Commission is planning to implement a mechanism to establish an accepted professional status for electricians in the country by issuing licenses from 1st of October 2018. The proposed mechanism plans to establish this status by accrediting the qualifications and experience of the electricians. Director General […]
Orion City and Dialog partner to build High Density Data Centre
Mar 21, 2018 (LBO) – Sri Lanka’s Dialog Axiata Group announced a joint venture partnership with Orion City to build and manage the island’s first ever High-Density Data Centre at the Orion City IT Park in Colombo. The proposed centre will be established through Digital Realty (Pvt) Ltd, a company jointly held by Dialog Broadband Network […]
Sri Lanka lifts ban on Facebook
Mar 15, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena has instructed the Telecommunications Regulatory Commission to lift the ban on popular social media site Facebook, immediately. “On my instructions, my secretary has discussed with officials of Facebook, who have agreed that its platform will not be used for spreading hate speech and inciting violence,” the […]
‘s restrictions on WhatsApp to be removed at midnight: Official
Mar 14, 2018 (LBO) – The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) said the ban on phone messaging application WhatsApp will be lifted at mid-night, Wednesday (14th). Austin Fernando, chairman of the Commission was quoted as saying that the ban effective from last Tuesday would be taken off later today. The government lifted the […]
Facebook officials to arrive Sri Lanka tomorrow
Mar 14, 2018 (LBO) – Officials from the American online social media and social networking service, Facebook to arrive Sri Lanka tomorrow for discussions, PM Ranil Wickremesinghe said. Prime Minister said on Wednesday that Facebook officials will have discussions on the recent restriction imposed on Facebook and the future direction on social media. “No one […]
Daily income of state telcos surged after social media blocked: President
Mar 14, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena says daily income of state-owned telecommunication sector players have jumped significantly after restricting access to several social media sites. According to President, daily income of Sri Lanka Telecom and TRC alone has been increased by over 200 million rupees. “Officials from big foreign companies now […]
LinkedIn to ban users engage in hate speech
Mar 12, 2018 (LBO) – Business and employment oriented social networking service LinkedIn has decided to refresh their community policies to make sure it stays a platform where people act professionally. As per the new professional community policies, harassment and hate speech are not welcome on LinkedIn and could result in permanent restriction of service. […]
Sri Lanka blocks Facebook, Instagram to prevent spread of hate speech
Mar 07, 2018 (LBO) – Sri Lanka has temporarily blocked social media web sites like Facebook, Instagram and WhatsApp to avoid the spread of hate speech in the country.The Cabinet Spokesman Minister Rajitha Senaratne on Wednesday said the government has decided to block access to certain social media. Telecom Regulatory Commission (TRC) has started to […]