In the past, most of the USA based companies offshore IT development work for other Asian countries, but now, Sri Lanka attracts most of the European, Japanese and Singaporean software companies slowly but surely, itís being picked up by the international media: Sri Lanka is hot and we are not talking about the stunning beaches or the other tourist highlights.
15 years ago, the IT/BPM industry is recorded export revenue of $50 million in Sri Lanka, and today, it’s approximately $900 million, employing around 90,000 professionals.
That has been made it into a $1-billion-dollar industry by the aspiring entrepreneurs with their low risk-taking propensity.
Many entrepreneurs come up with new ideas that often lead them to the business of those innovations.
Now it has become the fifth-largest export revenue earner with a 95 % value addition.
Sri Lanka is inching towards ranking #1 for Affordable Talent in the Asia-Pacific region by empowering Startup with the knowledge and expertise to set up your own software development centers in Sri Lanka.