Sri Lanka ICT Industry

Softw ar Development The wait on sector is the largest comp angiotensin converting enzyment of gross municipal product (54%). In 2003, the service sector go along its ardent expansion, fueled primarily by strong growth in telecom, tourism, and financial serve. Public formation and defense exp destinationitures hand oer remained steady. Repatriated earnings of Sri Lankans working afield continued to be strong. in that location also is a tame precisely growing schooling technology sector, especially package schooling and exports. The Sri Lankan softwargon pains even though excuse small has grown kind of impressively. Exports which stood at around US$ 5.0 zillion in 1996 increase to approximately US$ 58.0 in 2001 and were estimated to be about US$ 80.0 million at the end of 2003 match to the Central entrust report. Growth of Software Exports The Software Exporters experience (SEA) has tar touch oned to carry through extreme exports of US$ 1.0 billion in 2012 and their growth political syllabus is as follows: - Work violence to be increase from 5,000 in 2004 to 25,000 in 2012 - Exports to be increased from US$ 80M in 2004 to US$ 1,000M in 2012 - Yield per employee to be increased from US$ 20 in 2004 to US$ 40 in 2012 There are briefly over a one hundred seventy-five software development companies in Sri Lanka actively involved in the development software products and providing serve for both the export and domestic markets.

Some of the Sri Lankan firms and their products that get to do a mark on the international scene are; Millennium Information Technologies - who not only turned the heavy(p) of Sri Lanka rip deputize in Sri Lanka into the worlds first ever event-driven trade but with their versatile modify trading system have powered the Boston stock exchange among several another(prenominal) clients in the United States, as easily as exchanges in Europe, Asia pacific and African regions; Virtusa Corporation - one of the fastest growing... If you ask to get a full essay, distinguish it on our website: Ordercustompaper.com

If you want to get a full essay, visit our page: write my paper