Shares of Virtusa Corp. ( VRTU ) have soared 30.8% over the past year. The predicted earnings growth rate for this information technology (IT) services company is 23.3% over the next five years, which is higher than the 20.0% expected for the industry. Moreover, management's commentary about an improving demand trend could well be the driving force behind this Zacks #1 Rank's (Strong Buy) aggressive growth.
Virtusa Corporation VRTU +1.89% , a global IT services company that offers a broad range of information technology services, including IT consulting, technology implementation and application outsourcing, announced today that it has been named to the 2012 Global Services 100 List (GS100) by Global Services, a leading media group.
M. Z. Mohammed Zaeem, a grade 13 commerce English Medium student of Zahira College Mawanella bagged the awards for the champion of the IT Master Mind quiz program 2012. The competitions were organized jointly by the Computer Society of Sri Lanka and Esoft Computer Studies. Zaeem competed with 2000 students from some leading schools in Sri Lanka.
The only Internet marketing agency to be recognized at the Sri Lanka Tourism Awards held recently, eMarketingEye (www.emarketingeye.com) won the prestigious Tourism Award for best Hotel / Accommodation website under the Marketing Communications category. A fully integrated online marketing agency, eMarketingEye specializes in the Travel and Hospitality industry with over 400 successful client engagements to-date.
Project began with the goals of Introducing and promoting Free and Open Source Software to the masses, especially to those with low technical knowledge, no access to the Internet or under privileged, and has now been deployed in a lot of schools, individuals, private sector offices, public sector institutes and government offices.
Out of a large number of projects the World Bank has set up in the world, the world body considers the eSri Lanka initiative as its flagship project. This is because of the great success of the eSri Lanka initiative. Many countries have adopted and adapted the eSri Lanka initiative like, eUganda, eBrasil and so on. This was stated by President’s Secretary Lalith Weeratunga in reference to the eSri Lanka Development programme implemented by the ICT Agency of Sri Lanka (ICTA).
‘Ease of mind’ for parents from Mobitel’s iCard NFC-enabled student ID card launched for the first time in Sri Lanka
The National Mobile Service Provider, Mobitel launched a student identity card solution that works on NFC (Near Field Communication)technology,for the first time in Sri Lanka. The student identity card named iCard was launched at Royal College.
WELOVEIT Studio, a strategic design studio in Sri Lanka launched Sri Lanka’s first-ever online designer portal ─ The Fashion Circle at “The Fashion Circle Runaway Show” held recently at Mt. Lavinia Hotel. The portal, a world’s first concept, brings together all fashion professionals - fashion designers, hair and makeup artists, models, Retail Brands, choreographers and fashion photographers globally in to one platform.
Virtusa Recognized by Zinnov for Exceptional Performance in Software and ISV R&D Service Provider Industry
Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad range of information technology services, including IT consulting, technology implementation and application outsourcing, announced that it has been recognized as a key R&D service provider for 2012, in the category of Independent Software Vendors (ISV)– Enterprise Software by Zinnov, a leading Globalization and Market Expansion Advisory Firm.
Each month, Opera Software conducts a definitive analysis of the key trends affecting the mobile web worldwide. These findings are published as the State of the Mobile Web report. This month, Opera takes a closer look at trends and statistics in Sri Lanka.
Wisdom Business Academy, the largest CIMA Business School in Sri Lanka, renowned for its high quality higher education paths in Financial and Business Management stream has tied up with Robert Gordon University (RGU), UK with a vision of providing an opportunity to grant an internationally prominent graduate level qualification in Sri Lanka.
The SLASSCOM Quality & Business Excellence Summit 2012 was held with the aim of bringing together the CXOs and the quality practitioners of Sri Lanka’s IT – BPO industry, recently at Cinnamon Lakeside, Colombo.
A UN Regional Expert Consultation on Connecting Asia-Pacific’s Digital Society for Resilient Development will be held at the Taj Samudra hotel Colombo from 5th to 6th September.
The TRCSL ventured in exploring the possibility of extending its broadband QoS of fixed broadband services to remote locations to check whether the subscribers are receiving the same level of service as observed by the TRCSL at its monitoring unit.
Sri Lanka’s first-ever online designer portal “The Fashion Circle” to take country fashion industry to greater heights
The Fashion Circle will be launching a gala fashion show “The Fashion Circle Runway Show” on the 7th of September at Mt. Lavinia Hotel. A blend of experience and upcoming designers including collections from Prabath Samarasooriya, Krishanthi Fernandopulle, Ramona Oshini, Iesha Hettigama, Lonali Rodrigo and Ayodhya Ratnayake is to take the ramp at this one of a kind event. Sri Lanka’s first-ever online designer portal “The Fashion Circle” will be launched at this grand event. Below are the excerpts of an interview with Sri Lanka’s future fashion designers and the man behind “The Fashion Circle”…
IFC, a member of the World Bank Group, this week hosted an advanced trade finance seminar in Colombo to train bankers from Sri Lanka and Maldives on using sophisticated trade finance products, the better to serve small entrepreneurs engaged in international trade.
DMS Software Technologies Helps Asian Alliance Insurance Cut Claims Processing from Three Days to Five Hours
DMS Software Technologies (Pvt) Ltd (DMS SWT), a Gold Level Member of the Oracle PartnerNetwork (OPN), helped revamp the claims processing system for Asian Alliance Insurance PLC (AAI) by successfully completing the implementation of the Oracle E-Business Suite Release 12 solution. The new system enables claims to be processed in approximately five hours as opposed to the three day period that was required previously.
ASOCIO (Asian-Oceanside Computing Industry Organization) headquartered in Tokyo Japan will host it's 2012 annual ICT summit and conference in Colombo Hilton and the Federation for Information Technology Industry Sri Lanka (FITIS), the organization representing Sri Lanka in ASOCIO, will be the host of the event.
The CCIE certification is awarded by CISCO Systems and it is universally acknowledged to be one of the most prestigious as well as difficult certifications for networking professionals. The certification is considered as a doctorate in the Information technology field.
Mr. Anusha Palpita, Director – General, TRCSL, made this statement during a session held at TRCSL on August 16, 2012 and attended by representatives of Telecom Operators, to demonstrate the working of the second version (Version 2.0) of speed measuring facility which is now available to the public through the TRCSL website.
The Lanka Government Cloud is a fantastic and landmark facility, says Presidential Secretary Lalith Weeratunga.
Weeratunga said so while participating at the soft- launch of the Lanka Government Cloud (LGC) in Colombo recently (17). Implemented by the ICT Agency of Sri Lanka (ICTA), the LGC is administered and maintained by Lanka Information Infrastructure Pvt. Ltd. (LGII), a subsidiary of ICTA.
By Sharanyan Sharma
The most awaited event of the year “Sri Lankan Entrepreneur of the Year Awards” hosted by the FCCISL (Federation of chambers of commerce and industry of Sri Lanka) is in the offing and all geared up to felicitate exceptional and outstanding entrepreneurs of the country in its 17th year.
The Global Shapers Colombo Hub has nominated ten outstanding Sri Lankan youngsters to represent the World Economic Forum as Global Shapers. This will be a great opportunity for these individuals to be part of the prestigious global forum.
SLASSCOM appointed four new board members to the Board of Directors of SLASSCOM consisting of key industry leaders and decision makers at the recently held AGM. Ruwindhu Peiris was appointed as the General Secretary while Dr. Arul Sivagananathan was appointed as the Treasurer for 2012-1214. Ashique M Ali, Decca F C Fan, Jeevan Gnanam were the other members who joined the SLASSCOM Board. In addition, eight new members were also elected to the General Council of SLASSCOM.
Team Invictus from HSBC Data Processing Lanka Ltd emerged as the winner of the first MEGAMIND 2012 quiz competition organised by SLASSCOM (Sri Lanka Association of Software and Services Companies) was held recently at the Park Street Mews Warehouse.