Global leader in cloud software records success, plans to increase investment in Sri Lanka - Opportunity Sri Lanka
Global leader in cloud software records success, plans to increase investment in Sri Lanka

Global leader in cloud software records success, plans to increase investment in Sri Lanka

A global leader in cloud software, Nutanix (NASDAQ: NTNX) has recorded a success in its operations in Sri Lanka and is reportedly ramping up its investment in the island.
The Company has reportedly stated that it has now signed an agreement with a local distributor to offer Nutanix nationwide and has been awarded its first government contract. The Company has also that a number of the Sri Lanka’s largest service providers are now Nutanix customers.
The Nutanix success in Sri Lanka follows a conscious decision by the enterprise cloud leader to target one of the most exciting countries in the region, the state owned English daily, Daily News has reported.
Sri Lanka is already on the road to digitalisation as the government begins implementing key programmes and legislative reforms to develop Sri Lanka’s digital economy.
The news report stated that international consultancy, McKinsey, is also upbeat and a recent study has revealed that digital capabilities represents the biggest opportunity for Sri Lanka.
The consultancy firm has highlighted great opportunities for Sri Lankan companies to improve customer experience, make data-driven decisions, and automate both customer-facing and back-office activities as the route to accelerate digital maturity.
Regional Director, Nutanix, Faiz Shakir has been quoted as saying, “Nutanix is committed to investing in and helping develop Sri Lanka’s digital economy. As the government and the country’s businesses embrace digitalisation, we will be there to provide the next generation technology to help ensure Sri Lanka’s future growth and success.”
“Our new distribution agreement combines the scale, scope and presence of Eguardian with the innovation and simplicity of Nutanix,” CEO at Eguardian, the first HCI partner for Nutanix in Sri Lanka, Suresh de Silva has said.
“Digital economies will survive and thrive on the strength of their government, local and international business alliances and the technologies they embrace,” Founder and MD of Intelligent Solutions and Consultancy (Pvt) Ltd – a strategic consultant partner for Nutanix in Sri Lanka, Dr. Manodha has reportedly stated.
“Nutanix has shown true leadership and a willingness to engage in all aspects of the local digital ecosystem to ensure that Sri Lanka has the most flexible foundation available as it embarks on its digital journey.”

OSL take:

The success recorded by the global leader in cloud software and its plans to expand its operations and increase investments in Sri Lanka is indicative of the business conducive environment in the country as well as its business potential. The government of Sri Lanka has given priority to the ICT and digital infrastructure development sectors. This has resulted in the expansion of business/investment opportunities in these sectors. Foreign businesses/investors could take the success of Nutanix and explore business/investment opportunities in Sri Lanka. The island’s geographical positioning in the Indian Ocean, the many trade agreements as well as trade concessions enjoyed by the country and the ease of doing business environment make it an attractive business hub in the South Asian region.

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Article Code : VBS/AT/16082019/Z_4

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