Lankan payments startup Kashmi picked for intl. tech accelerator program

Published : 12:26 am  September 1, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  1,942 views  |  

Kashmi, a peer-to-peer (P2P) payment application founded by Rakhil Fernando, Mufaddal Lukmanjee, Sanjiv Alles and Rajinda Jayasinghe, has been selected to participate in the Dubai-based, TURN8 accelerator program backed by DP World. “We are honoured that Kashmi has been recognised as one of the top 12 ideas from a global pool of over 300 applicants,” says Kashmi CEO Rakhil Fernando. “Kashmi is a simple solution to a very common problem, and we believe that TURN8 will truly help us reach our potential.” Kashmi will be rolled out across several Asian countries in the near future. The goal of the TURN8 program is to foster a global entrepreneurial and innovation culture by boosting business... 

APICTA 2015 in Sri Lanka

Published : 12:25 am  September 1, 2014  |  Category: IT / Telecom  |  3 Comments  |  627 views  |  

A great opportunity to position the country among Asia Pacific nations The Asia Pacific ICT Alliance (APICTA) will conduct its annual proceedings of 2015 including its renowned international awards ceremony APICTA 2015 in Sri Lanka. This was decided at their  last executive council meeting held in Bangkok recently said Dr. Dileepa De Silva, Chairman of APICTA.   “This is a great opportunity for Sri Lanka to position the country among the international communities. We can promote our products and services and this enables us to showcase our talents to the world. APICTA also brings leading ICT firms and professionals to a single place and we can certainly look forward for new business opportunities,... 

CommVault introduces new Simpana Solution Sets

Published : 12:25 am  September 1, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  810 views  |  

Includes automated cloud data management CommVault today announced new Simpana cloud management capabilities and Simpana Solution Sets designed to transform how companies of all sizes protect, manage and maximise the value of business information amidst a rising tide of data and compliance requirements. As enterprises deploy private and hybrid clouds to increase business agility, the new Simpana Solution Sets are designed to speed cloud adoption and data centre modernisation by delivering next-generation software innovations. Supporting mobile productivity and improved self-service access, the Simpana Solution Sets help customers lower cost and reduce risk with enhanced data and information... 

Oracle loses bid to restore $ 1.3 b SAP verdict, could get new trial

Published : 12:24 am  September 1, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  328 views  |  

Reuters: Oracle Corp failed to revive a $ 1.3 billion jury verdict in its long-running copyright dispute with German software company SAP SE as a US appeals court said Oracle must choose to accept a lower amount or face a new trial. In a ruling on Friday, the 9th US Circuit Court of Appeals in San Francisco said jurors used ‘an undue amount of speculation’ in awarding $ 1.3 billion in damages in 2010. But the court found US District Judge Phyllis Hamilton in Oakland, California, had erred in concluding that Oracle deserved only $ 272 million of damages, a sum Oracle rejected. Writing for a three-judge 9th Circuit panel, Judge William Fletcher directed Hamilton to offer Oracle a choice of... 

ASUS makes strong comeback to Sri Lankan market

Published : 12:00 am  August 28, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  951 views  |  

Director Operations and CPM – Sri Lanka, Rajeev Chaudhari outlines plans for ASUS operations in Sri Lanka   ASUS launched in Sri Lanka recently. Is it because you see potential in the Lankan market?    Director Operations and CPM – Sri Lanka Rajeev Chaudhari Of course. ASUS has been a leading brand in Sri Lanka for products like Motherboards, VGA cards, optical drives, LCD monitors with a large market share a few years ago. We hope to reach this status again with the re-launch in June with some new and exciting products in Notebook category.   How do you propose entering the local market? We pioneered the ultraportable laptop market with many of our groundbreaking products,... 

Kleiner to invest in Snapchat at near-$ 10 b valuation: Report

Published : 12:00 am  August 28, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  1,501 views  |  

Reuters: Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter. The venture-capital firm had committed to invest up to $20 million in Snapchat in May, the Journal cited one of the people as saying, without elaborating. At least one other strategic investor has committed to joining the latest round of funding, the Journal cited two of the people as saying. Neither Snapchat nor Kleiner were immediately available for comment.  Read More →

MAS Holdings partners MillenniumIT for country’s largest Microsoft Office 365 Enterprise Agreement

Published : 12:00 am  August 28, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  1,977 views  |  

MAS Holdings chooses Millennium IT as its Enterprise Partner for Microsoft Office 365 Unified platform enables mobile workers across 40 SBUs in different regions to streamline communications Reduced operational costs in terms of resources and implementations Fully hosted on cloud, facilitating high availability and scalability    From left: Roshan de Silva, Sanjaya Dayananda, Sampath Gunawardena, Jehan Mutaliph, Faiq Faiz, Imran Vilcassim, Senaka Harishchandra, Radhive Fernando, Ackiel Hameen and Chaarya Somasiri MillenniumIT, a leading technology solutions provider and Microsoft License Specialist (LSP) announced the signing of a Microsoft Office 365 Enterprise Agreement... 

eVolve Technologies appointed F-Secure security devices agent

Published : 12:00 am  August 27, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  1,306 views  |  

e-Volve Technologies Ltd. has been appointed as sole agent to distribute F-Secure internet and mobile security products in Sri Lanka.  Abans Plc is the authorised reseller, making the products are available at Abans showrooms and retail outlets islandwide. “We are honoured to be part of a high-end Internet and Mobile security distribution network,” e-Volve Technologies Managing Director K.P.L. Pintoe said. “With increased usage of internet and smart phones for day to day activities, it is important to protect personal and business information from malware and cybercriminals.” “F-Secure internet security protects your digital content and you, with real-time protection against malware,... 

Spotlight on ‘ICT for Inclusive Development’ at NITC 2014

Published : 12:00 am  August 27, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  491 views  |  

 CSSL creates platform for Commonwealth nations to deliberate on role of ICT in citizen-centric development By Senuri De Silva The 32nd National Information Technology Conference 2014 (NITC) was inaugurated on Monday with the attendance of many Commonwealth delegates and guest speakers focusing on ‘ICT for Inclusive Development’. The event organised by the Computer Society of Sri Lanka (CSSL) is to create a platform for Commonwealth nations to deliberate on the role of ICT in citizen centric development in the Commonwealth beyond the Millennium Development Goals (MDGs), which reach their deadline in 2015. It will also consider the relevance of the CHOGM 2013 theme ‘Growth and Equity:... 

Huawei Ascend P7 awarded ‘European Consumer Smartphone 2014-2015’

Published : 12:00 am  August 27, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  1,338 views  |  

Huawei, a leading global information and communications technology (ICT) solutions provider, was today awarded ‘European Consumer Smartphone 2014-2015’ by the European Imaging and Sound Association (EISA) for its latest flagship smartphone, Huawei Ascend P7. This is the second consecutive year that Huawei has been recognised by EISA after receiving the award for ‘European Consumer Smartphone 2013-2014’ for the ultra slim 6.18mm Ascend P6 launched in June 2013. The new 4G LTE-enabled Ascend P7 redefines smartphone excellence and builds on the success of Huawei Ascend P6. EISA commended Huawei Ascend P7 for its beautiful glass finish available in black or white and at an attractive price... 

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