Softlogic creates history with Nokia retailer’s family tour

Monday, 24 November 2014 00:49 -     - {{hitsCtrl.values.hits}}

Nokia handphone partners in Sri Lanka, Softlogic Plc created history by sending the largest number of retailers spread within Sri Lanka to Bangkok recently. This batch of 170 business partners is the largest number ever sponsored by a single company on an overseas tour. This was a four nights and five days tour. The criterion for selection was basically the Nokia sales they had made. Softlogic Plc has undertaken similar tours to other destinations as well, mostly to Asian countries. Most of those tours were confined to 50-60 groups but the recent tour, which was undertaken on 17 October, features the largest team of dealers. Previous tour destinations were Malaysia, Philippines, India, China, Bali, Singapore and France Dealers would be selected based on Nokia phone sales and the company intends undertaking tours to Australia, the US and Europe in the future. Already a tour was undertaken to France recently. No one has offered European tours so far to mobile handset retailers and the primary objective of this initiative was to appreciate the sales efforts of retailers and encourage Nokia phone sales efforts. Softlogic Plc has been doing this for the past five to six years. These tours are scheduled to take place every three months. A tour has been planned for next year’s Cricket World Cup in Australia.  

 Kingslake and SAP offer innovative end-to-end solutions for banking and financial sector

  The world is changing faster than ever, and as new technologies emerge, customer needs grow along with it. In order to take advantage of this ever-evolving business landscape, it is not enough for organisations to just be ready for change. They also need to be able to foresee change in order to adapt and remain ahead of competition. Kingslake together with SAP India held ‘Can You Foresee Change?’ – an empowered business lunch for the local banking sector at the Hilton Colombo Residences. The audience was presented with the latest cutting-edge technologies to help them attract, retain and grow their customer base, obtain reports on business results and analyse these results in order to make meaningful business decisions that achieve tangible returns. Speakers at the event included Murali Mahalingam, Industry Director – Banking, SAP India, Pratul Chandra, Director Business Development – Analytics, SAP India, and Hatim Matiwala, Director Business Development – Big Data, SAP India. SAP’s comprehensive portfolio of core banking solutions offer a fundamental toolset that would prove invaluable to local banks and financial organisations, as they can now benefit from the most appropriate solutions for their business, tailored to their specific needs. According to M. Krishnamoorthy, Vice President BFSI Solutions at Kingslake, it is becoming essential for banks to have a world renowned and proven core banking system implemented in order to maintain competitive advantage in a fiercely competitive and dynamic industry, and SAP now provides such a solution in Sri Lanka. It is timely for Sri Lankan companies to embrace the slew of benefits offered by the SAP Core Banking solution, in order to be in par with the rest of the world. SAP can provide the solution to any challenge that is faced by the BFSI sector, with real-time data analysis, in-depth reporting, complex trend analysis and other technologies. The solutions presented at the seminar included SAP Business Intelligence, Business Analytics, Big Data and Predictive Analysis among others. By leveraging the power of these tools, BFSI companies can achieve significant growth through ‘Infinite Intelligence’. Based on the fact that SAP has over 12,000 bank customers globally, 81% of the banks in the Forbes 2000 are innovating with SAP solutions, and 100 million bank accounts are running on SAP software worldwide, it is clear that SAP is spearheading transformational change in the banking and financial sector. Equipped with an extensive knowledge of the local BFSI sector and a strong team of highly skilled and experienced technical consultants, Kingslake can assist local banks in choosing the best solutions for their requirements. Kingslake and SAP are working together to deliver outstanding solutions for Sri Lankan banks that will be the key differentiator in ensuring that they stay streets ahead of competition.
 

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