Most Sri Lankan IT companies are small in scale and are highly profit oriented. However our market liquidity is yet too low and we need some good companies to get listed as energy boosters. In which case certain IT companies are identified as 'Should get listed companies'.
Apperently PCH has already taken a lot of initiatives to address this need.
- eBMD system (Electronic Birth, Marriage & Death Certificate) project
- A complete hospital management system (ERP) at the Sri Jayewardenepura Hospital
- 'Nanasala' island wide program to develop 6,000 school IT labs
- Expanding ICT in local national universities
- Plans to expand its 100 seat BPO facility in Colombo up to a 1000 seat-BPO facility before the end of 2012 with Rs 300 million investment.
Plus ICT based companies like ECL enhanced their technology going an extra mile to serve even the neighboring countries with the MOU with MIT.
Also Sri Lanka planning plug and play IT park
July 05, 2011 (LBO) - Sri Lanka is evaluating two sites to set up an information technology park for firms to quickly set up shop, where two foreign universities are also likely to be located, an official said.
Reshan Dewapura, head of the government's Information Communications Technology Agency said the government evaluating two sites outside Sri Lanka's capital Colombo to build the park.
Sri Lanka's IT and business process outsourcing industry now earns about 400 million dollars in export and the industry is targeting a billion dollars in foreign revenues by 2015.
ESOFT mobile unit promotes ICT in rural schools
Network Communications a leading IT and mobile solution provider in Sri Lanka is on an expansion with around Rs 75 million investment.
Network Communications (Pvt ) Ltd, Chief Executive Officer Larry Adams said, having understood the potential in the IT and mobile industry in Sri Lanka, they will be expanding their footprint with the construction of fifty branches islandwide.
Sri Lanka to be a part of the global ICT boom
Lanka can reach $1b IT,BPO industry goal by 2015 - ICTA CEO
SLASSCOM partnering Australian IT industry
‘Mini Infotel Kegalle’ on 30-31 July
All this news give just one message. SL is going to have good ICT industry in the future. I'm bullish on the existing techno stocks and the future ones. Are you?