Valista shifts base to Lanka

Valista, the Irish software giant specialising in digital commerce solutions is shifting its base to Sri Lanka. Valista General Manager Anura De Alwis said 50% of Valista's product development operations are scheduled to shift to Sri Lanka this year.

At present only 25% of product development work is done here. The company started its Sri Lanka base in 2005 and has already shifted 100% of its service operations to Sri Lanka. With 50% product development operations, Colombo will become the main base for Valista, Alwis said.

Valista, a product development company in digital commerce customises its products to meet the requirments of clients.

Alwis said the Sri Lankan base of the company is growing rapidly because talented people can be found fairly easily at a comparatively lower rate.

Valista is a global company and has bases in Ireland, US, Japan, UK and service centres in France and Singapore.

He said the company has already finalised contracts to provide its solutions to two major US entertainment companies and one of the largest US mobile operators.

Today Valista processes over 30 million transactions through its Valista PlusT suit of solutions. Our main customers are NTT DoCoMo, America Online, Cricket Communications, Vodafone UK, France Telecom's W-HA, Orange, Hong Kong CSL, GTECH and Hutch, Alwis said.