What are the Top IT companies in Sri Lanka?

What are the Top IT companies in Sri Lanka?
What are the Top IT companies in Sri Lanka?

The state of technology is at its perfection. Technology has the potential to inspire great possibilities. It can aid in overcoming some of the biggest obstacles that our civilization is facing, such as starvation, disease, and climate change. It is involved in all we think and do! Isn’t it absurd how it has engulfed every aspect of life?

The Sri Lankan IT sector, which is the country’s fourth-largest export earner, has established a unique and ground-breaking presence in a variety of industries, including media, retailing, banking, and financial services. You will have access to hundreds of opportunities in the digital world thanks to the talented and committed intellectual community in Sri Lanka’s IT sector, which will also help you compete on a worldwide scale.

History of Sri Lanka

The island country of Sri Lanka is situated in the Indian Ocean not far from the southeast coast of India. Despite being only a little bigger than the state of West Virginia, Sri Lanka has a population of roughly 20 million. 

Since ancient times, close cultural exchange between Sri Lanka and India has been made possible by their proximity to the Indian subcontinent. Sri Lanka has been exposed to cultural influences from other Asian civilizations due to its location at a junction of marine routes that span the Indian Ocean. A diverse economy based on agriculture, mining, fishing, manufacturing, and tourism supports the island’s abundance of natural resources.

With the migration of Sinhalese people from the Indian subcontinent to the island, it is believed that human habitation of Sri Lanka began about the sixth century BC. At least 300 years after Buddhism started to expand in the area, evidence suggests that Sinhalese societies started to get more organized and coordinated, mostly in the northern regions. However, as incursions from the southern Indian regions increased, these people were driven further south.

Sri Lanka, formerly known as Ceylon, appeared to be destined for a future as a secure and flourishing democracy upon gaining its independence in 1948. But since the 1970s, the nation has been ripped apart by bloody conflicts between its two major ethnic groups, the Sinhalese and Tamils. The 2004 tsunami in Sri Lanka caused significant destruction and a high death toll.

While Sri Jayewardenepura Kotte, a Colombo suburb, serves as the legislative capital, Colombo, which became the country’s main metropolitan center during British control, continues to serve as the country’s executive and judicial capital. Nine provinces and 25 districts have been created inside the nation for administrative purposes. 

The first female prime minister in history, Sirimavo Bandaranaike, was in fact a Sri Lankan. A semi-presidential representative democratic republic with a multi-party system currently governs the nation.

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What is the structure of the Sri Lankan Economy?

Under the British administration, Sri Lanka’s economy developed into a mix of a modern sector, dominated by plantation agriculture, and a traditional sector, which included subsistence farming. The manufacturing industry made up a little portion of the economy.

Sri Lanka’s top industries are tourism, tea exports, clothing, textiles, rice cultivation, and other agricultural products. 90% of Sri Lankan expatriates living in the Middle East, which is another economic sector that contributes significantly to foreign exchange. 

For the most part, plantation agriculture was supported by banking and trade. Tea, rubber, and coconut the three main plantation crops provided almost all of the country’s foreign profits. Nearly three-fourths of the nation’s food needs were met by imports, as were almost all of its manufactured items.

The two pillars of development policy during the first three decades following independence were equity through social assistance and the replacement of imports with domestic goods. The main actions influenced by equality considerations included government price subsidies for food, statutory price limits on consumer products, and the government’s free supply of health and education services. The major components of the import substitution program were different import limitations and stimulating local production to meet an expanding portion of domestic consumption. Increased government involvement in the economy was necessary to implement these programs.

Colombo has everything a city might ask for, despite the fact that it occasionally can be hectic. Undoubtedly, you’ll find amazing restaurants, fascinating museums, and many terrific shops. The country’s largest metropolis still has many of its lush boulevards and landscaped gardens, despite its urban sprawl and rapid growth. It was once known as “the garden city of the East” due to its pleasant and verdant appearance.

How much of a tech hub in Sri Lanka?

Sri Lanka is one of the world’s most sophisticated nations in terms of technology. Many organizations and companies in Sri Lanka have their roots in IT companies. One of the world’s top exporters in Sri Lanka. In the past four years, the Sri Lankan tech ecosystem has advanced significantly. This South Asian island’s highly skilled tech workforce has created technological innovations that are currently employed by businesses like PayPal, eBay, Uber, the London Stock Exchange, and Uber.

The IT sector in Sri Lanka is a quickly expanding one with approaching influence over all other industrial sectors and businesses. They are thriving in the global market thanks to their creative and original abilities, offering their services to some of the most well-known businesses and obtaining international reputation.

The Sri Lankan IT industry exhibits encouraging signals of its ability to modernize local firms so they can expand and dominate the global market through the growing propensity to align them with new digital innovations. Despite a burgeoning tech sector, Sri Lanka’s 22 million people put a cap on the number of start-ups that can expand there. Start-ups are now focusing on how to continue their growth after gaining some momentum due to the strong demand-side acceptance in the local markets. The new wave of start-ups that have advanced from an early stage and are scaling across the nation are mostly driven by strong technical skills.

IT firms make a significant contribution to the economy. Information Technology can be used in financial-related industries to streamline tasks. To increase exposure, the marketing division can employ IT. You will gain from having an IT company support your company. Additionally, they make significant contributions. You can compete in the international market by receiving assistance from IT companies. It will enable you to reach farther. Additionally, it will make you more marketable and competitive.

1. VCNET Total IT Solutions 

The premier business systems integration company, VCNET Total IT Solutions Company, is situated in the city’s Broadway district of Matara, Sri Lanka. As a recognized and authorized total IT solutions provider, they provide their clients with specialized solutions through their far more capable and knowledgeable IT Engineering Team on any platform.

The solutions offered by the company are; Web Based Solutions, Open Source Solutions, E-Learning Solutions, Networking Solutions, Software Solutions, and Information Security Solutions to name a few. 

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2. IT MARTX

2009 saw the launch of IT MARTX. With more than 300 customers worldwide, the company has more than ten years of experience. Web application development and mobile app development are the specialties of IT MARTX, a company situated in Colombo, Sri Lanka.

The company has forged fantastic connections with businesses, charities, non-profits, business schools, individuals, and several other sorts of organizations from a variety of industries.

Other popular services offered by IT MARTX are; Social Media Marketing, E-Commerce Solutions, Media Planning, Search Engine Optimizing, Customize Software, Advertising, and Branding.  They provide solutions that satiate the demands of their client’s businesses and their financial constraints.

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3. Eyepax IT Consulting

With offices in Paris, Stockholm, and Colombo, Eyepax is an agile software development firm that has been working since 2006. The company has increased from having no employees to having over 140 thanks to a free-thinking and independent board of directors.

Using Web, IOT, Machine Learning, Blockchain, and Mobile Technologies, the company professionals create unique, scalable products. 

4. Maytech 

Associated with Maytech Holdings Australia, Maytech Sri Lanka is a subsidiary.

Being set up in Melbourne, Australia, they began with the initial objective of providing all Australian businesses, regardless of size, with access to high-end agency-level branding and digital marketing solutions. The business has increased its focus on software and mobile application development since 2010.

Over 100 projects have been successfully completed by the company in the last ten years, both in Australia and abroad. The popular services that the company offers are eCommerce Stores,  Web Development, IT Project Recovery, Software Development, and Mobile Apps.

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5. Infosoft 

Infosoft was founded in 2005 as an IT company with a focus on software development. Since then, the company has expanded its list of services to include custom software development, eCommerce application development, offshore software development services, and applications for managing telecom infrastructure. 

They collaborate with mid-sized to large-sized businesses both domestically and abroad and employ a variety of technologies to match IT with the distinct goals and objectives of each of the client’s businesses. Infosoft services are; Custom Software, Offshore Software Development Services, Offshore Software Development Process, and Offshore Software Developers.

Infosoft has finished dozens of projects since 2005 in a variety of market segments. By comprehending their business requirements, incorporating expertise and creative ideas, translating them into financially viable project scope, and developing a rock-solid final product, the company enables customers in each of these projects to gain a competitive advantage.

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6. VIRTUSA

Virtusa Corporation is a multinational business consulting and IT outsourcing firm that combines technological leadership, innovation, and market-specific solutions. Their area of expertise sits at the nexus of what clients require for a stable future and how the company functions. One of Sri Lanka’s biggest and oldest IT service providers, Virtusa was established in 1996.

By fusing extensive industry knowledge with frictionless technology delivery, Virtusa promotes corporate growth. With a robust partner ecosystem that includes a range of Fintech and Insurtech startup relationships, Virtusa enables their clients to transform, disrupt, and unlock new value from the most well-known technological leaders of the present.

Virtusa offers a broad range of IT services, ranging from cybersecurity, data, and analytics, intelligent automation, digital process automation, mobile game testing services, AI-managed services, etc. 

7. NEXDIN

With its headquarters in Ja-ela, Sri Lanka, Nexdin is a recently founded, rapidly expanding Internet marketing company in that country. They are experts in game creation, search engine optimization, website design and development, mobile application development, and local business SEO. Nexdin offers cutting-edge and scalable IT solutions to businesses looking to grow with the latest technology and expand their reach to new customers. Nexdin has three years of industry experience.

The team at Nexdin is committed and passionate about what they do, and with more than three years of experience and expertise in a variety of fields. Customer satisfaction is their team’s top priority.

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8. 99x 

99x is one of Asia’s top workplaces and a leader in agile product engineering and technological innovation with its headquarters in Norway and offices in Oslo and Colombo, Sri Lanka. 99X is one of the top IT service providers in Asia with a focus on software product engineering and a history of excellence spanning 15 years. 

Full stack development, Blockchain, cloud enablement, mobile applications, product conceptualization services, etc. are some of the other prominent services offered by 99X. Based in Norway and Sri Lanka, 99X has worked on more than 150 projects and has partnered with some of the most prestigious businesses around the world to provide the best software engineering services. Additionally, they have received recognition on numerous occasions as one of the top IT-related workplaces in Sri Lanka and Asia.

9. CodeGen

With a focus on travel software solutions, CodeGen is a well-known IT company on the global stage. With a Colombo base and a team of creative IT thinkers, CodeGen is now readjusting to forge ahead into new markets, including travel and tourism, automobiles, agriculture, transportation, retail, gaming, healthcare, and energy. CodeGen has proven to be agile, and a leading travel technology provider of next-generation end-to-end software solutions and reservation systems for the global tourism industry.

The company has offices on two continents and has been in business for 15 years. CodeGen takes pride in being a market leader by utilizing the most recent emerging technologies to completely automate business processes. They enter the emerging markets to offer high-performance, sustainable technology solutions to power the world of the future, inspired by a generation that is multidisciplinary skilled and has a hyper-creative mindset.

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10. WSO2

Leading open-source integration merchants in Sri Lanka include WSO2, which was founded in 2005. The open-source integration services offered by WSO2 are a quick step toward the future trends of the IT sector and they allow for the quick and unrestricted transfer of data to potential customers. 

Among the well-known products that WSO2 has experience with are API manager, enterprise integrator, and identity saver. With 15 years of expertise and a customer base that spans industries including healthcare, banking, retail, and telecommunications, among others.

With the help of WSO2 technologies, businesses can effortlessly move between on-premises, private, public, or hybrid cloud deployments of apps and services as needed. Businesses can concentrate on providing value-added services and launch products more quickly because all of the products are pre-integrated.

11. Xiteb

An international business with 15 years of expertise, Xiteb is ranked among the top 10 web and mobile development businesses in Asia. With incredibly focused industry professionals, they specialize in developing websites and mobile apps.

 Xiteb® is a 2010-founded, award-winning provider of web-based software solutions with a focus on custom software, e-commerce, mobile apps, SEO/SEM, and website design. A few of the many services offered by Xiteb include web design and development, mobile app development, graphic design, animated film production, software development, and SEO/SEM. The site provides its clients with a functioning and cutting-edge website or application experience while also providing them with competitive advantages because it keeps up with new worldwide trends, policies, and online standards. 

With a broad and varied clientele, Xiteb collaborates with some of the most well-known companies in Asia, including Coca-Cola, Hemas, Uniliver, Cinnamon Hotels and Resorts, Nestle, SLIM, Amanté, and Munchee.

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12. Google

Google has expanded dramatically since its inception in 1998. Google began as two computer science students sharing a dorm room at a university, and today the company employ over 100,000 people in more than 100 offices worldwide. These Google employees provide services and products that open doors for people locally and globally. 

You have the opportunity to make a difference through your work here, whether you want to contribute to the creation of cutting-edge technology, campaigns, products, or collaborations. 

13. John Keels IT

A division of its parent firm, John Keels Holdings PLC, which specializes in technology consultancy, is John Keels IT. With its headquarters in Colombo, John Keels IT is one of the country’s oldest providers of IT solutions. With more than 20 years of experience in the field, John Keels IT assists driven businesses in arming themselves with technology-based business solutions and strategies to increase their productivity and effectiveness. 

IT strategy, digital marketing consulting, technology, program management, outsourcing, offshoring services, etc. are some of the most well-known services offered by John Keels IT. John Keels takes pride in their ability to develop fresh trends and has a clientele of over 500 customers.

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14. Epic Technology

One of the top software businesses in Sri Lanka, Epic is based in Baththaramulla and has approximately two decades of experience in the field. Epic Technology, a leader in digital transformation, e-government solutions, workflow management, secure electronic payment automation, information system security, and mobile enterprise automation solutions is renowned for the cutting-edge IT solutions it offers that are ground-breaking and ultramodern. 

Epic Technology Group, which was founded in 1998, is the undeniable pioneer in Sri Lankan e-government and workflow management systems, Secure Electronic Payment Automation, Information Systems Security, and Mobile Enterprise Automation Solutions. They have the vision to change the future through innovation and technological advancement.

15. Arimac

A leader in mobile and enterprise solutions, artificial intelligence and machine learning, immersive technologies, and game design and development, Arimac is based in Sri Lanka. Arimac offers its clients cutting-edge and future IT solutions that are designed with quick innovation thanks to a staff of more than 70 industry experts with backgrounds in a variety of industries. Located in Colombo, Arimac’s facilities feature a fully functional studio, robotics and Internet of Things laboratory, a cognitive science research center, and an experience center, where all of their cutting-edge products are developed.

They are a team of specialists who work to facilitate digital disruption for clients and develop solutions by fusing creativity, talent, and industry-leading technology. 

16. Syscolabs

The largest food service corporation in the world, Sysco Cooperation, with headquarters in Sri Lanka and the USA, develops technology strategies through Syscolabs. Sysco has a clientele of more than 650000 people globally and focuses on the marketing, selling, and distribution of food goods, equipment, and supplies. With teams of highly skilled employees from the USA and Sri Lanka, Sysolabs develops its revolutionary technology disruptors with the goal of giving its consumers a high-quality food service experience, from food sourcing to ordering, delivery, and e-commerce services. 

For the Sysco Corporation, Syscolabs manages a variety of services, including software engineering, enterprise architecture, quality engineering, project management, UI/UX, data and analytics, cloud services, and application maintenance.

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17. Insfra Technologies

With two more locations in Budualla and Maharagama that support IT, marketing, research, and development, Insfra is a search engine and internet portals corporation with headquarters in Nugegoda. Insfra provides innovative web and mobile development services as well as digital strategies to businesses and entrepreneurs who are keen to grow with the burgeoning new technologies. 

Some of the well-known services offered by Instra include integration services, search engine optimization, app store optimization, social media solutions, and mobile and web development. With over ten years of experience, insfra offers its clients top-notch IT-based solutions that help them efficiently contact their target customers and increase their profitability. The company’s goal is to progress society by connecting people and enhancing businesses with cutting-edge online and mobile development services that help them capture a larger market share.

18. Builtapps Business Solutions

A company called Builtapps Business Solutions is situated in Kandy, Sri Lanka, and specializes in digital marketing solutions. Having been in the business for 8 years, Builtapps offers high-quality digital marketing services including search engine optimization, social media marketing, e-commerce marketing, online reputation management, and search engine marketing that aid businesses in gaining a larger market share. Customers can also obtain other services from Builtapps, including web development, software development, graphic design, and branding.

The company is constantly on the lookout for new challenges and opportunities and is searching for the best digital marketing-related services to complement the range of digital marketing services we offer.

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19. Bhasha Lanka Pvt Ltd

One of Kaluthara’s most well-known and prominent IT enterprises, Bhasha is a leader in the field thanks to its cutting-edge and specially tailored digital services for Sri Lankans. The local community enthusiastically embraced Bhasha’s well-liked goods, Helakuru, pay here, and Hapan. Bhasha is committed to empowering the local community’s lifestyles by investing in their technology literacy. 

The company has a team of less than 20 driven professionals who have expertise in a range of fields. With its own digital products, Bhasha is a Software as a Service (SaaS) company that is moving toward a future dominated by technology.

20. ZEBRA

An American firm called Zebra Technologies Corporation specializes in technology that can sense, examine, and respond in real time. The business produces and retails computer printing, tracking, and marking technology.

Zebra creates tracking technology and solutions that produce information and insight that can be used to make decisions. By giving physical objects a digital voice, Zebra gives businesses unprecedented visibility into their operations.

21. NIELSON

Nielsen, is an S&P 500 corporation, with operations in more than 55 countries all over the world. In terms of audience measurement, data, and analytics, Nielsen is a world leader that is influencing the media landscape. They provide clients with reliable knowledge that drives action by tracking activity across all channels and platforms to learn what consumers appreciate.

As a world authority on audience insights, information, and analytics, Nielsen impacts the media and content of the world. The company provides clients with impartial and actionable insight so they can connect and engage with their audiences now and in the future through an understanding of people and their behaviours across all channels and platforms.

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22. INFOSYS

The leader in consulting and next-generation digital services is Infosys. Having more than three decades of experience managing the systems and operations of multinational corporations the company has assisted clients in more than 50 nations and successfully traverse their digital transformation. 

By providing the company with an AI-powered core that aids in prioritizing the execution of change, the company enables the enterprise. In order to provide previously unheard-of levels of performance and customer satisfaction, they also equip the company with agile digital at scale. Through the development and dissemination of digital skills, knowledge, and concepts from the innovation ecosystem, the always-on learning agenda promotes their ongoing advancement.

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23. Bellvantage 

Providing technology, consulting, and outsourcing solutions is the primary focus of BELLVANTAGE (Pvt) Ltd, a completely owned subsidiary of the Melstacorp Group. The company has worked with businesses across various sectors and has demonstrated the ability to protect confidentiality. 

With a workforce of over 500, they are widely recognized for their capacity, work ethic, and reliability. They are the largest and only BPO in Sri Lanka with multiple industry experiences that can develop customized solutions having their very own strong in-house IT team facilitating developments towards impressive Customer experiences. 

In addition, they provide IT consulting, software development, software quality assurance, and hosting for contact centers. 

24. Weblook International Private Ltd

With a zeal for adapting to the constantly shifting 21st-century digital marketing landscape, Weblook creates companies from scratch or takes them over from where they are. 

With SEO, hosting, security, updates, backups, support, and peace of mind included, the company provides dependable and reasonably priced website management solutions. Web design, web development, web maintenance, e-commerce, security management, software solutions, mobile solutions, digital hospitality marketing, and SEO are areas where they excel. The company’s strategic and experimental approach is fueled by insights from the company, which enables them to create and carry out a strategy to outperform its rivals.

They provide a wide range of configuration options, the most up-to-date hardware that may be customized, unlimited traffic, and the greatest degree of server availability, flexibility, and effectiveness.

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25. 3CS

The top web development, design, and marketing firm in Sri Lanka are 3CS. 3CS provides highly customized, bespoke web design solutions to a select clientele thanks to more than 20 years of industry experience and numerous annual web design awards. The company has over 1,000 corporate and institutional clients in 57 countries. Their game-changing solutions cover responsive web design, e-commerce, digital marketing, SEO, social media marketing, website security solutions, and consultation.

26. HCL

With 219,000+ employees spread across 54 countries, HCL Tech is a multinational technology firm that provides market-leading skills in the areas of engineering, cloud, and digital using a wide range of technology services and solutions. 

The company is known for collaborating with clients in all significant industry sectors, offering business solutions for the financial services, manufacturing, life sciences, healthcare, technology and services, telecom and media, retail and consumer packaged goods, and public services sectors.

HCL has the mission of maximizing progress by combining people and the best available technologies. The employees at HCL create a culture of preemptive value and problem-solving. They are a global, diverse, multigenerational talent that represents 167 nationalities.

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27. IFS

IFS is a recognized leader and the most highly recommended supplier in the Sri Lankan market and is known for its dedication to delivering value at every turn. IFS creates and provides cloud enterprise software for businesses that produce and distribute things, construct and maintain physical assets, and oversee service-oriented operations. The company has over 4,500 employees who assist the  10,000+ customers by acting with agility, dependability, and teamwork.

28. IBM

IBM, one of the biggest in the world for technology, consulting, and research, has been continuously reinventing itself since 1911. The technologies that characterize each period are designed, developed, and scaled by IBM. With the help of the values of trust, openness, and support for a more inclusive society, IBM wants to improve how the world functions. Their employees are dedicated to developing responsible technology and contributing to the greater good.

IBMers are change makers; by joining this team, you’ll join a storied, esteemed community that spans the globe, where you’ll be valued and your skills will actually make a difference.

29. Infor

For businesses in sector-specific marketplaces, Infor is a global leader in business cloud software products. Infor develops full industrial suites in the cloud and effectively implements technology that prioritizes the user experience, makes use of data science, and integrates into current systems with ease.

Over 60,000 businesses rely on Infor to help them navigate market upheavals and complete an enterprise-wide digital transformation. The company’s mission is to provide stunning business applications for the cloud that have broad industry functionality and cutting-edge research.

30. SYNOPSYS

Synopsys is leading the charge toward a world where everything is smart and secure. Their technology enables customers to develop from silicon to software so they can deliver everything that is smart and secure.

Advanced silicon chips, which are made even smarter by the amazing software that powers them, drive this new era of technology. With the most cutting-edge tools available for silicon chip design, verification, IP integration, and application security testing.

31. MICROSOFT

People that are passionate about what they do and want to change the world through their jobs, the community, and the world should work at Microsoft. Not just in the tech sector, Microsoft is a distinctive firm. Here, intelligent people thrive on their own terms and exercise all of their mental capacity. At Microsoft, there are an astounding number of work choices and opportunities for professional progression, giving you the freedom to set new goals and steer your own route. 

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32. PRO-SOFTWARE COMPANY

As one of the forerunners and leaders of the global IT sector, “Pro Software Company” has a strong brand name and draws top talent from around the globe. The company has over 8+ years of experience in the outsourcing sector and staff of incredibly talented individuals. They perform the highest caliber services for both new and established businesses. 

By providing top-notch consulting and software engineering services, they assist individuals in digitally transforming their organizations. They enable clients to expand their teams, increase agility and boost client company profit by partnering with them. The company takes pride in being one of the top virtual assistant outsourcing companies in the globe skilled in all facets of online outsourcing work, including SEO website design, virtual assistant services, and digital marketing services. 

How much is the Software Engineer’s Salary in Sri Lanka?

In the modern era, innovation, science, and technology have taken the lead in driving economic growth. In the global innovation index, Sri Lanka is ranked 88th.

Increased economic growth and the establishment of the island as a significant Indian Ocean center are the two objectives of Sri Lanka’s “Vision 2025.” This concept is built on a knowledge-based, fiercely competitive social market economy. Among the goals set forward by the government include increasing per capita income to $5,000, adding one million new employment, increasing foreign direct investment to $5 billion annually, and tripling exports to $20 billion annually over the course of the next five years.

  • According to payscale.com, the average annual salary for a software engineer in Sri Lanka is LKR 1,041,967.
  • As per glassdoor.com, the average software engineer’s salary in Sri Lanka is 1,30,000 LKR
  • Complying with salaryexplorer.com, a software engineer in Sri Lanka receives a monthly salary of 89,300 LKR

The administrative and judicial capital of Sri Lanka is Colombo, which is also the country’s most populous city. It is a stunning city with a stunning harborfront and white sand beaches surrounding it. Colombo is also growing in terms of the IT sector!

  • According to glassdoor, the average software engineer’s salary in Colombo is 1,30,000 LKR a year. 

Read this below articles:

  1. What are the Top IT Companies in Thailand?
  2. What are the Top IT Companies in India?
  3. What are the Top IT Companies in Singapore?

Conclusion

The Sri Lankan workforce is young, trainable, and highly motivated, and it has a high literacy rate, linguistic proficiency, and cosmopolitan cultures in the cities. This is your chance to get started in the Sri Lankan IT industry!

DataMites is the leading provider of the industry’s best certification courses in Data science, Artificial Intelligence, Machine Learning, Python, and related fields. DataMites courses are accredited by internationally recognized bodies – IABAC, NASSCOM, and Jain University.