Calspence Technologies Ltd., an Oracle Gold Level Partner, which started operations as a joint venture between Aitken Spence PLC and Calsoft Group of India, has decided to consolidate its operations, as they complete the first year of commercial operations, a company communication stated.
Consolidation of operations would result in the company being transformed into a fully owned subsidiary of Aitken Spence PLC, under the newly formed Technology Sector, along with a complete re-branding exercise where the company name would be changed to Aitken Spence Technologies (Pvt) Ltd, keeping in line with the Group’s corporate branding guidelines.
Aitken Spence Technologies would continue to operate three core lines of businesses in, Enterprise Content Management (ECM), Enterprise Resource Planning (ERP), both based on core-Oracle Applications and Technologies, and Application Development based on Open Source/Java technologies.
These lines would be supplemented by Managed Services, Support Services and Educational Services offerings, the communication further stated.
“Aitken Spence has recognised ICT as a thrust industry which helps in building knowledge economies, which is key to growth and sustainability while overcoming dynamic challenges in the modern business environments. It is with this view and focus, that we decided to consolidate operations targeting the next financial year to be our year of growth,” Aitken Spence Group Ltd., Director Dinesh Mendis said.
“As a fully owned subsidiary of the Group, we further strengthen our professional commitment to all our stakeholders, principals, customers as well as prospect, with the promise of continuity and stability, that reinforces our position in the market,” he added.