Tavistock Group invests in Sri Lankan talent to form a global tech cluster
View(s):The formation of Elovate Group, a cluster of companies under multi-billion dollar international private investment organisation the Tavistock Group (Tavistock), was announced last week in Colombo.
Comprising Atlas Labs, Pyxle International, Trabeya and Surge Global, the Elovate Group offer their global partners value through IT solutions via end to end expertise in hardware, software, big data, analytics and marketing, and will create world class opportunities for local Sri Lankan talent, the company said in a media release.
Having recognized Sri Lanka as one of the fastest growing technology markets in the world, with immense potential and exceptional young talent, the Elovate Group will provide opportunities to young Sri Lankans in the technology, big data and media space.
Having started operations in Sri Lanka 18 months ago with just five employees; and through a series of investments, the group has grown significantly into three offices across Colombo with a team of 150 people.
Headed up by Tavistock executive Hayley Evans, the Elovate Group combines the experience, know-how and culture of excellence of each individual company to unite under their new corporate identity.
Ms. Evans is excited by the Elovate Group’s ability to contribute to Sri Lanka. “Tavistock is recognised across the world to be an organisation that strives for excellence. We believe the Elovate Group will be a dynamic provider of exceptional solutions in the global technology space,” she said in a media release.
“Having searched the world for exceptional talent in this space we believe that we have found something that is extraordinarily unique and valuable in the resources in Sri Lanka and we are excited to expose these to a global stage,” said Ms. Evans.
The Elovate Group leadership team consists of Hayley Evans, Tavistock; Matti Hiob, CEO Atlas Labs; Presantha Jayamaha, Founder and Director Pyxle; Amila Jayatilaka, Founder and Director Trabeya; and Bhanuka Harishchandra, CEO Surge Global.
Tavistock Group is an international private investment organisation founded by Joe Lewis more than 40 years ago and built on a core philosophy: to strive for excellence in everything they do. Atlas Labs is a sensor technology company that creates value through engineering excellence from concept to implementation: Pyxle is a digital transformation and technology company that provides enterprise solutions and expertise through technology consulting, software development and managed services: Trabeya is a Data Analytics and Artificial Intelligence company which augments human intelligence and AI solutions to enable clients to enhance the decision-making process; and Surge Global is a digital marketing/media tech company that empowers brands through sophisticated storytelling, content, distribution and powerful insights.