What are the Top IT Companies in Colombo?

Datamites Team Datamites Team
Mar 27, 2023 Updated: Mar 13, 2024
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What are the Top IT Companies in Colombo?
What are the Top IT Companies in Colombo?

Sri Lanka has been experiencing significant growth in the technology sector in recent years, with Colombo being one of the leading centres of this growth. The Sri Lankan government has been actively promoting the development of the country’s information and communication technology (ICT) sector, with initiatives such as the “Smart Sri Lanka” program. Colombo has a growing number of tech startups and a strong community of tech professionals, including software engineers, data scientists, and digital marketers. The city is home to several tech hubs and co-working spaces that offer networking and collaboration opportunities for startups and entrepreneurs. 

According to Tech Gig, HCL Tech possibly planning to hire more than 3000 techies for the future and develop a new global centre in Colombo, Sri Lanka. Many IT companies are providing jobs to desired candidates to maintain employment market values, companies growth and stability, and Economic growth. Colombo is experiencing growth in the technology sector, with a focus on promoting innovation and entrepreneurship.

How is the IT sector growing in Colombo?

Colombo, the capital city of Sri Lanka, is witnessing significant growth in its IT sector. Over the years, the Sri Lankan government has taken various measures to promote the development of the IT industry in Colombo and the country as a whole. According to The Morning report, it is forecasted that the IT industry will grow exponentially and generate $5 billion in revenue by the year 2025. Here are some ways in which the IT sector is growing in Colombo:

  • An increasing number of IT companies: Colombo has seen a rise in the number of IT companies over the past few years. These companies are offering various services such as software development, mobile app development, IT consulting, and more.
  • Government initiatives: The Sri Lankan government has introduced various initiatives to promote the IT industry in the country. The government has set up various IT parks, introduced tax incentives for IT companies, and established IT training programs.
  • Skilled workforce: Colombo has a large pool of skilled IT professionals, including software developers, engineers, and data analysts. Many of these professionals have received their education from some of the top universities in Sri Lanka.
  • Favourable business environment: Colombo offers a favourable business environment for IT companies, with a stable political situation, a well-developed infrastructure, and access to high-speed internet.
  • Startup ecosystem: Colombo has a growing startup ecosystem, which is attracting many IT entrepreneurs. The government has also introduced initiatives to support startups, such as funding programs and mentorship opportunities.

The IT sector in Colombo is growing rapidly and has the potential to become a significant contributor to the Sri Lankan economy in the coming years.

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What are the top IT companies in Colombo?

Colombo is the leading hub of technology and there are giant IT companies that are developed according to all terms including business, market, share, sales, infrastructure, etc. Here is the top list of IT companies in Colombo that has remarkable fame:

1. Virtusa Corporation

Virtusa is a global IT consulting and outsourcing services company with its headquarters in Colombo. The company provides a wide range of services, including digital engineering, data analytics, cloud services, and more.

Virtusa Corporation in the Colombo office is one of the company’s largest delivery centres, providing software development, engineering, and consulting services to clients across a wide range of industries, including financial services, healthcare, telecommunications, and technology. Virtusa’s clients include many Fortune 500 companies, and the company has a reputation for delivering high-quality, innovative solutions that help its clients to transform their businesses and stay ahead of the competition.

2. WSO2

WSO2 is a middleware and integration software company that provides open-source products for enterprise use. The company’s solutions include API management, identity and access management, and enterprise integration. WSO2 has grown rapidly and the company’s products and services are designed to help businesses integrate their applications, data, and services more efficiently and flexibly. 

WSO2 includes tools for creating APIs, managing identity and access, and monitoring and analyzing system performance. WSO2’s products are built on open-source technology, which makes them highly customizable and adaptable to a wide range of business needs.

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3. IFS

IFS is a global enterprise software company that specializes in enterprise resource planning (ERP), enterprise asset management (EAM), and service management solutions. The company has its headquarters in Colombo. IFS has grown to become a multinational company with offices in more than 60 countries, including a significant presence in Colombo, Sri Lanka.

 IFS’s software products are designed to help businesses automate and streamline their operations, improve productivity and efficiency, and gain better insights into their data and processes.

4. hSenid

hSenid is a software development company located in Colombo, Sri Lanka. hSenid provides a range of software solutions and services, including mobile application development, enterprise software development, cloud services, and human resources management software.

The company is headquartered in Colombo, Sri Lanka, and has additional offices in several other countries, including Singapore, Malaysia, and India. hSenid has a team of over 400 employees, including software engineers, project managers, and business analysts, and has worked with a wide range of clients in various industries, including telecommunications, finance, and healthcare.

5. Microsoft

Microsoft is a top IT company in Colombo and is best known for its software products and services. Microsoft is primarily known for its software products, including the Microsoft Windows operating system, Microsoft Office suite of productivity applications, and various other software tools and applications.

The company has also made significant contributions to the development of the personal computer industry and has played a key role in the evolution of the internet. Microsoft has had a major impact on the technology industry, both through its products and its influence on the development of the field.

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6. Google 

Google is a top IT company situated in Colombo, Sri Lanka, and was founded in 1998 by Larry Page and Sergey Brin while they were PhD students at Stanford University. Google has expanded its product offerings to include a wide range of services, such as email (Gmail), online storage (Google Drive), video sharing (YouTube), and social networking (Google+). It has also developed operating systems for mobile devices (Android) and personal computers (Chrome OS). 

Google’s success has been driven by its focus on innovation, user experience, and data-driven decision-making. The company has a reputation for hiring top talent and fostering a culture of creativity and collaboration. Google is headquartered in Mountain View, California, and has offices and data centres in countries around the world.

7. Cambio Software Engineering

Cambio Software Engineering is a top IT company in Colombia. Cambio Software Engineering offers a range of services to its clients, including custom software development, mobile application development, web development, software testing, and quality assurance services. The company has a team of experienced software engineers and developers who use cutting-edge technologies to develop innovative software solutions for their clients.

Cambio Software Engineering is a reputable software development company that has built a strong reputation for delivering high-quality software solutions to its clients in Colombia and beyond.

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8. Synopsys Lanka (Pvt)LTD

Synopsys Lanka (Pvt) Ltd is a software development and R&D centre located in Colombo, Sri Lanka. The company is a subsidiary of Synopsys Inc., a leading software company that specializes in electronic design automation (EDA) software and semiconductor intellectual property (IP).

The company primarily focuses on developing software products and providing R&D services to its parent company, Synopsys Inc. The company’s expertise lies in areas such as software development, verification, and testing, as well as digital and hand verification for semiconductor and electronic systems. 

9. Creative Software

Creative software is a leading IT company based in Colombo, Sri Lanka. Creative Software has dedicated teams of experts and highly skilled professionals who have decades of experience working with clients and handling their projects. Choosing Creative Software as your working place will enhance your talent and improve your strength to work freely. Creative Software attracts excellent talent to increase industry growth and increase their value. 

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10. CodeGen International (Pvt)LTD

CodeGen International (Pvt) Ltd is a Sri Lankan software development company located in Colombo that specializes in travel technology solutions. The company offers a range of software products and services for the travel industry, including travel booking engines, travel management systems, and mobile applications. They also provide customized software development services for clients in various industries.

11. Xiteb Pvt Ltd

Xiteb Pvt Ltd is a software development company located in Colombo, Sri Lanka. Xiteb Pvt Ltd specializes in developing custom software solutions for businesses across various industries, including healthcare, finance, logistics, and e-commerce. Their services range from web and mobile application development to cloud computing and artificial intelligence. 

The company prides itself on its team of experienced developers, designers, and project managers who work collaboratively to deliver high-quality solutions that meet the unique needs of their clients. They also use agile development methodologies to ensure that projects are delivered on time and within budget.

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12. 99x

99x is a top IT company in Colombo, Sri Lanka that creates impactful digital products. The company highly believes in teamwork and 99x the team consists of 350 innovative engineers who have earned 15 years of experience in software outsourcing.

The aim of 99x is to help their clients and fulfil their demands. The team has good communication skills that understand clients’ complex problems and bring solutions to overcome them. 99x fosters an impactful working environment inside the company that results in a high turnover rate. 

13. HCL Tech

HCL Tech is a top IT company in Colombo, Sri Lanka that provides ICT Solutions to fortune 500 customers around the globe. HCL Tech is said to be a next-level global technology company that empowers global enterprises with technology. The work culture of the company is friendly and informative. 

The core value of HCL Tech is courage, and collaboration, and provides opportunities for employees to upskill their talent for the benefit of the industry. Overall, the company focuses on stability and the workflow maintained by the employee. 

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14. Era Biz Solutions

Era Biz Solutions is a top IT company in Colombo that has a team size of 249 members. Era Biz Solutions is a global provider of Information Technology that accelerates business outcomes for clients. The company aims to stay true to its core belief and provide high-quality customer service with satisfaction that will gain the trust of the community. 

The company uses cutting-edge tools and technologies to thrive in terms of growth, revenue, and profitability.

15. Zone24x7

Zone24x7 is a technology innovation company that provides services in product engineering, software development, and IoT solutions. Its headquarters are in Colombo. Zone24x7 provides a range of software solutions and services, including product engineering, software development, data analytics, and IoT (Internet of Things) solutions. The company has expertise in several emerging technologies, including machine learning, computer vision, natural language processing, and blockchain.

The company is headquartered in Colombo, Sri Lanka, and also has offices in the United States and Australia. Zone24x7 has a team of over 300 employees, including software engineers, data scientists, and product managers, and has worked with clients in various industries, including retail, healthcare, and transportation.

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What is the salary structure of a software engineer in Colombo?

Colombo is the commercial capital and the largest city in Sri Lanka, and as such, it plays a significant role in the country’s economy. Colombo offers a range of career opportunities across multiple industries, making it a great place to work and live. The salary of employees in Colombo depends on their educational background, work, and internship experience.

  • The salary of a software engineer in Colombo reaches up to LKR 1,40,000 annually according to a Glassdoor report.
  • The software engineer’s salary in Colombo reaches up to LKR 1,210,000 yearly according to the Salary Explorer report.
  • According to the PayScale report, the salary of a software engineer in Sri Lanka goes up to 30,00,000 LKR.

Wrap-up:

The scope of technology in Colombo is diverse and expanding. With a large pool of skilled professionals, supportive government policies, and a growing entrepreneurial ecosystem, Colombo is well-positioned to continue to grow as a technology hub in the region. The technology in Colombo is wide-ranging and includes Software Development, E-commerce, IT Services, Telecommunications, Artificial Intelligence, and Machine Learning. DataMites is a globally renowned and professional institute that provides courses on Data Science, Artificial Intelligence, Deep Learning, Machine Learning, Python, etc. DataMites courses are accredited by IABAC and students are certified with IABAC certification at the end of the training program. DataMites have trained more than 50,000+ learners worldwide and provide high-quality study materials to students. Along with other benefits. DataMites helps students to prepare themselves for industry-related firms and make their career in the most trending domain of data science.

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