HUTCH Sri Lanka Leverages Snowflake’s AI Data Cloud to Drive Innovation and Customer-Centricity
Snowflake’s AI Data Cloud helps HUTCH achieve significant improvements in data loading times, operational expenses, and team efficiency.
Sri Lanka
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Sri Lanka Sees Surge in Internet Subscriptions, Reaching 26 Million by Mid-2024
Sri Lanka’s internet subscriptions, including mobile connections, have reached 26 million by mid-2024, marking a 19% year-over-year growth. This rise reflects increased demand for digital services, spurred by the Covid pandemic. By 2024, 3G coverage is expected to reach 97.8%, and 4G coverage will hit 100%.
Sri Lanka Sees 11% Rise in Data Consumption in 2024, Despite Decline in Fixed Broadband Subscriptions
Sri Lanka’s data consumption surged by 11% in 2024, with mobile data making up nearly 69% of the total consumption. Despite a 6% decline in fixed broadband subscriptions, mobile broadband continued to grow. Over half the population actively uses platforms like WhatsApp, Facebook, and YouTube, highlighting the shift to mobile data.
Sri Lanka Telecom PLC Reports Improved Financial Performance in Q3 2024
The company achieved a net profit in Q3 2024, compared to a net loss in the same period last year. This positive trend continued for the nine-month period as well.
Sri Lanka to Issue Birth, Marriage, and Death Certificates Through Overseas Embassies
The program leverages the e-BMD electronic database system, allowing for efficient processing and issuance of certificates through overseas missions.
HUTCH Offers Diverse Value Plans to Empower Sri Lankans in the Digital Economy
The plans offer various options to suit different budgets and usage patterns, ensuring inclusivity and accessibility for all.
Salesforce Commits to Digital Transformation in Sri Lanka with AI Innovations
Salesforce is enhancing its commitment to digitally transform businesses in Sri Lanka by leveraging AI technology, aligning with the country’s 2030 vision for a digital economy. The launch of Agentforce aims to revolutionize customer experiences and drive efficiency for leading Sri Lankan companies across various industries.
Port City Colombo Aims to Transform Sri Lanka into a South Asian Tech Hub
Port City Colombo is working to establish Sri Lanka as a leading tech hub in South Asia, with 40 global IT companies already onboarded. The initiative supports the government’s goal of creating a $15 billion digital economy by 2030, fostering innovation and investment in the country’s tech sector.
SLT-Mobitel Hosts Sri Lanka’s Inaugural TM Forum Event: TelcoNEXT
SLT-Mobitel is set to host Sri Lanka’s first-ever TM Forum event, TelcoNEXT, on October 29, 2024. The gathering will bring together telecom leaders and experts to discuss digital innovation, challenges, and strategies for growth. The event aims to strengthen collaboration within the industry and enhance Sri Lanka’s digital economy.
Sri Lankan ICT Companies to Participate in GITEX Expand North Star Event 2024
Ten Sri Lankan ICT startups will showcase their innovations at GITEX Expand North Star 2024 in Dubai, facilitated by the EDB and Sri Lanka Consulate General. The event aims to boost international visibility and partnerships while promoting Sri Lanka’s tech capabilities on the global stage.
