KingsLake to launch slew of enterprise solutions
KingsLake Engineering Systems (Pvt) Ltd., a leading software
solutions provider with a strong presence in the country plans to launch
a slew of enterprise solutions this year.
Lead Consultant, Progress Software
Rakesh Zaveri with officials of KingsLake Engineering
Systems (Pvt) Ltd.
Managing Director, KingsLake, S. Dharmavasan said that the company
hopes to introduce a range of business solutions this year to enable
companies to enhance efficiency, reduce cost and optimise use of
Headquartered in UK KingsLake has a presence in India, Malaysia and
the Netherlands. The company has a track record of providing proven
robust enterprise IT solutions internationally.
Dharmavasan said that there is enormous opportunities in the country
to develop businesses and enterprise solutions to enable companies to be
"KingsLake operates in the East. We hope to explore opportunities
elsewhere in the country to enable businesses to increase efficiency,
optimise resources and reduce cost", he said.
Lack of operational responsiveness to real-time information has
stifled growth of many business organisations around the world. The
ability to respond to real-time information is essential for businesses
Dharmavasan said that it is only around eight percent of businesses
that are able to respond to real-time information due to lack of systems
and processes in place.
He said that business establishments should be operationally
responsive to capitalise on opportunities, drive efficiency and reduce
risks in the rapidly changing global business environment.
Responsive Process Management, information management and business
applications are key tools for businesses to mitigate risks and enhance
KingsLake and Progress Software, a global software company launched a
slew of solutions for the Sri Lankan market to enable enterprises to be
KingsLake has been a partner of Progress Software for over 15 years
introducing enterprise solutions to Sri Lankan companies.
Progress Software's Responsive Process Management (RPM) is the first
business solution to seamlessly combine business transaction management,
complex event processing and business process management in a single
platform, controlled through unified control console.
Dharmavasan said that progress is the only enterprise software
provider that enables mobile service providers to gain visibility, sense
and respond to events and improve business processes.
Lead Consultant, Progress Software, Rakesh Zaveri said the focus
today is on plugging decision makers at every level of banking activity
and empowering them to respond to unexpected events.
"Businesses today are focused on being operationally responsive to
achieve the highest level of performance", he said.
Progress ERP in addition to bank fraud detection and mitigation
delivers operational responsiveness solutions to a range of industries
including market surveillance, post trade automation, claims automation
and revenue management.
The enterprise solutions cater to banking, telecommunication,
insurance, capital markets, travel and leisure sectors.
Zaveri said that Progress Software helps the telecommunication
industry to reduce order fallout ascertaining transaction assurance and
location based services that enhance customer experience. RPM also
offers travel and leisure industry solutions to improve reservation