Wavenet and NCINGA form strategic alliance for new market ventures in telco and healthtech
Ada Derana: Wavenet, a leading provider of enterprise and SaaS solutions catalysing innovations at the intersection of artificial intelligence and digital transformation, recently partnered with NCINGA, a global Systems Integrator. This collaboration aims to develop and deliver next-generation solutions that will empower businesses worldwide in the telecommunications and healthcare sector.
NCINGA offers cutting-edge platform offerings in data and AI, cybersecurity, multi-cloud, networking, enterprise applications, blockchain, with global managed-service operations. The strategic partnership between Wavenet and NCINGA will involve incorporating Wavenet’s leading-edge products and NCINGA’s proven managed-services, systems integration expertise and go-to-market reach in APAC and the GCC region to offer value-added solutions to telecom operators and healthcare providers.
“We are really looking forward to working with NCINGA,” stated Wavenet, Assistant Vice President, Pulasthi Samaraweera. “Their deep understanding of multi-cloud technologies and established presence, particularly in the APAC and the GCC region, align perfectly with our vision of empowering businesses through digital transformation and leading-edge AI in key growth markets. By combining Wavenet’s two decades of expertise in powering global telcos with proven high-performance solutions, and NCINGA’s expertise in cloud-based deployments and managed services, together, we can offer exceptional value and unlock new opportunities for businesses on a global scale in emerging industries,” Samaraweera added.
“Partnering with a recognised leader in AI solutions like Wavenet marks a significant advancement, especially for the telco and healthcare sectors in the rapidly growing APAC and GCC markets. Our established expertise in cloud-based deployments, managed services, and 4IR technologies seamlessly complements Wavenet’s offerings. This collaboration enables us to provide substantial competitive advantages for our clients. By integrating Wavenet’s innovative solutions, such as Sense AI, with our 4IR capabilities, we empower our clients to deliver transformative experiences and achieve operational excellence,” stated NCINGA, Chief Technology Officer, Chathura Pieris.
The partnership aims to leverage Wavenet’s industry leading Network Value Added Services (VAS) solutions, immersive digital marketplaces, and the Sense AI Contact Centre suite, alongside NCINGA’s top-tier expertise and solution offerings in 4IR tech centred on 5G, AI/ML, computer vision, blockchain, Web 3.0, AR/VR/XR, and hybrid and multi-cloud to deliver exceptional value to operators. Additionally, NCINGA will work closely with Wavenet to introduce healthtech powered by Wavenet’s digital healthcare arm, Mediwave, in the GCC and APAC regions, as part of its focus.
OSL take:
Given Sri Lanka’s ongoing economic activities and overall economic expansion, many foreign businesses have shown an interest in forming collaborations with local businesses with the aim of further expansion. There has been a growth in business/investment opportunities in Sri Lanka in-line with the target of becoming a regional hub supported by the country’s geographical positioning in the Indian Ocean and the strong trade ties. Two of the fast expanding economic sectors in the country are the telecommunications and healthcare sectors. The growing business/investment opportunities in these sectors have opened up many direct and indirect business opportunities that foreign businesses/investors could directly enter or look at exploring through partnerships with local businesses. Given the growth and business potential in Sri Lanka in the coming months, foreign businesses/investors could confidently explore the expanding opportunities while also looking at forming collaborations with local businesses with the aim of further expansion.