Forward Newsletter - Issue 21 | Page 30

LEAPSET REBRANDS AS CAKE LABS their consumers ”.

CAKE LABS ( formerly known as Leapset Engineering ), is one of the fastest growing technology companies in Sri Lanka and has turned into one of the major players in the country ’ s tech sector within a short period of time . CAKE LABS is the engineering arm that develops ‘ CAKE ’: a technology platform for the global restaurant industry .
A key ingredient in their success has been their ability to combine Silicon Valley thinking and innovation with the engineering excellence that is available here in Colombo . It has granted the organization the ability to build high quality scalable products and get them to market , fast .
As Managing Director of CAKE LABS and Senior Vice President Engineering , Shanil Fernando puts it : “ Rebranding Leapset Engineering to CAKE LABS was an important step for us . It allows us to be a Silicon Valley style company in Sri Lanka and develop a closer connection with the product that we build . In our engineering efforts , we implement the same leading edge technologies that companies like Facebook , Apple and Google use , and we build truly disruptive solutions for the restaurant industry .”
The CAKE platform looks at all the ways that customers and restaurants interact and improves those interactions with technology . It does so with an ever expanding and evolving portfolio of products including CAKE . net which allows users to find restaurants and order from them online , CAKE Guest Manager : a comprehensive table reservation and waitlist management product , and its flagship product – CAKE POS .
This platform is disrupting the traditional way the restaurant industry operates by making enterprise grade technology accessible to even small or medium scale restaurants through its technology as a service model . The organization has seen record growth in the first quarter of 2016 , and is now processing a tremendous volume of transactions annually .
A fulcrum in this process is CAKE ’ s parent company Sysco ( NYSE : SYY ) - the world ’ s largest food services company . By leveraging Sysco ’ s extensive network of Marketing Associates , CAKE is able to access the hundreds of thousands of restaurants that Sysco serves across the US and internationally and provide them with the CAKE platform .
CEO Mani Kulasooriya says , “ Technology has the power to change lives and disrupt industries . In order to achieve this we look at the touch points in the merchant-customer relationship . How do you find a restaurant and make a reservation ? What makes you come back to the same restaurant again ? Our vision is to make this process easier for both restaurants and
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