Sri Lanka, August 26, 2022: – Lanka Walltiles Group, a part of Vallibel One Group, one of the largest conglomerates in Sri Lanka, today announced its collaboration with SAP, the world leader of enterprise application software and cloud solutions, to drive its ambitious growth plans and business transformation. Using SAP’s S/4 HANA Cloud, the company is looking to transform into an intelligent enterprise to achieve operational excellence and enhance customer experience.
“Organizations today need to quickly respond to unpredictable business trends and evolving consumer priorities. We’re excited to partner with SAP on our transformation journey. By leveraging superior technology that will help us unlock new growth areas, we’re automating business processes with simplified, data driven decision-making across employee & partner experience, customer- centricity and profitability,” said Mr. Mahendra Jayasekara – Managing Director, Lanka Walltiles Group of Companies. “As we modernize our business, we’re striving to bridge the gap between the supply and demand for quality tiles locally and ensure we meet consumer demands in a rapidly growing market.”
LANKATILES manufactures and sells glazed ceramic and porcelain tiles that combine elegance with unwavering quality. SWISSTEK ALUMINIUM is one of the leading commercial and industrial Aluminium extrusion profile manufacturers in Sri Lanka. The ability for LANKATILES and SWISSTEK ALUMINIUM to evolve and be proactive in the face of change has it to become leading manufacturers in Sri Lanka.
“Agility and innovation are key drivers of business resiliency and its long-term success. We believe the SAP system is a business enabler that aligns best with our ambitious digital roadmap of enhancing customer and employee experiences. I am confident that SAP’s industry-centricity offerings and processes will further support Vallibel One’s journey to become an intelligent, sustainable enterprise,” noted Ms. Dinusha Bhaskaran – Managing Director, Vallibel One PLC.
Leveraging SAP’s Intelligent Enterprise Solutions, the company will further accelerate its growth by taking advantage of new opportunities and managing nuances of a changing market environment, in a more streamlined and intuitive manner. SAP will support not only all business functionalities in real time but also enable vertical and horizontal scalability, right from manufacturing to retail sales.
“We’re delighted to support Vallibel One Group’s transformation journey into an intelligent, sustainable conglomerate, said Rajeev Singh, Vice President & Head- Midmarket, SAP Indian Subcontinent “Through our solutions, we aim to enable the company establish an integrated business platform that delivers industry-adaptability and cloud benefits that can take advantage of newer business opportunities.”
The Group of Companies, hope to expand responsively, and adaptively in addition to driving agility. SAP’s solutions will provide the companies the ability to predict and act in real time, helping them deliver the ultimate customer experience.
About Lanka Walltiles Group of Companies:
Lanka Walltiles Group of Companies include Lanka Walltiles PLC, Lanka Tiles PLC, Swisstek Ceylon PLC and Swisstek Aluminium Limited. Lanka Walltiles PLC was incorporated in 1975. These companies are a subsidiary of Vallibel One PLC. Lanka Walltiles PLC and Lanka Tiles PLC are the largest manufacturers of ceramic & porcelain tiles in Sri Lanka. These companies offer a range of tiles in various colors, textures, and sizes, including mosaic, special trim tiles, and decorated tiles. The product lines also include floor tiles, cartons and paper sacks for packing, and tile grout and tile mortar. In addition, the company engages in the trade of floor tiles, wall tiles, sanitary ware, parquet wooden flooring and provision of management services to the plantation industry. Swisstek Aluminium Limited, extrudes Aluminium profiles for commercial, industrial, residential, and architectural requirement for the local and export markets. The export markets for these companies are Australia, Bangladesh, Canada, France, Hong Kong, Japan, the Middle East, the Maldives, New Zealand, Singapore, the United States and the United Kingdom.
About Vallibel One Group
Vallibel One PLC is one of the most innovation inspired strategically diversified leading conglomerates in Sri Lanka. Established in 2010 and listed on the Colombo Stock Exchange in 2011, Vallibel One PLC is a limited liability company incorporated under the provision of the Companies Act No 07 of 2007. With 55 subsidiaries in the portfolio, Group possess a significant presence across key thrust sectors, enjoying market leadership in tiles and sanitaryware, as well as a dominant market position in the finance sector and in several other key sectors including aluminium, plantations, consumer and leisure. Company’s unmatched capabilities and strengths are the underlying factors that have driven the success to date, and the Company continues to leverage them to ensure it serve their stakeholders, and remain ahead of an intensely competitive market.
The Vallibel One PLC holds 55.96% stake in Royal Ceramics Lanka PLC and Lanka Walltiles directly comes under Royal Ceramics with a 55.55% of shareholding. As the ultimate parent company of Lanka Walltiles PLC, the Vallibel One has consistently sought to reach new heights of excellence, while adopting and maintaining best practices and good governance in order to create a sustainable operating framework that will deliver value in the long-term.
About SAP
SAP’s strategy is to help every business run as a sustainable intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 87% of the world’s total global commerce touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into sustainable intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.
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For further information please contact:
SAP Indian Subcontinent
Deepika Gumaste
Global Corporate Affairs
deepika.gumaste@sap.com
