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Industry News

Tuesday, August 22, 2017
Infosys Experiences Change at the Top
The chief executive of Infosys, Vishal Sikka, has resigned from his post with an unconventional and lengthy letter blaming "personal attacks".

Financial Services Boost Sourcing in the UK to Record Period
Strong business investment between January and June 2017 saw UK market achieve strongest half-year performance since 2012, according to the Arvato Outsourcing Index.

Monday, August 21, 2017
Killer Robots a Concern for Society
Over 100 influential leaders in robotics and artificial intelligence have sent a letter urging the United Nations to act now before robotics dominates warfare.

Thursday, August 17, 2017
Canadian Bosses Losing Satisfaction in IT Outsourcing
A recent study by IT World Canada found that CIO's in Canada are losing satisfaction in IT Outsourcing as part of a shift away from conventional outsourcing.

European Tech Market Grows at a Sluggish but Steady Pace
Forrester's latest European tech market forecast projects that growth will be sluggish but steady in the coming few years.

Retail Sales in UK Show Contrasting Picture
Retail Sales in the UK are showing a rather contrasting picture as growth slows and becomes focused upon food.

Symphony Ventures Secures Funding in Expansion Campaign
Symphony Ventures has secured £3.5 million of funding from Livingbridge to continue their global expansion.

Move Towards Electric Cars Accelerates
Hyundai is the latest car manufacturer to announce plans to boost investment in electric cars with a new model with a expected range of 500 miles per charge.

Tuesday, August 08, 2017
Silicon Valley’s Synopsys to Invest in R&D Capabilities in Sri Lanka
Synopsys, Inc, a global high-tech leader enabling companies to innovate from Silicon to Software, this week announced plans to invest in R&D capabilities in its Sri Lanka operations.

Friday, August 04, 2017
MoU Between FITIS and SLASSCOM to use ICT, Knowledge Services and Innovation as Enabler for Growth
The MoU is signed between FITIS and SLASSCOM to achieve collaborative efforts in developing the information and communication (ICT), knowledge services and innovation sectors of Sri Lanka recently. This will enable better cooperation between the two organisations that combined represent Sri Lanka’s domestic ICT industry and the export ICT industry. 

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