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Business Articles
The Competitiveness Context of the Sri Lanka Information and Communication Technology Association (SLICTA) An immense opportunity exists for Sri Lanka to participate in the global market for knowledge-based services including software development, programming and business process outsourcing. This is particularly so given that competitive pressures are driving large corporates to seek high-quality, cost-effective sources for these services in new and emerging markets.
Although Sri Lankan firms have made headway in offering IT based services to a variety of international customers, counterparts in India, Israel, Ireland and other countries have progressed far ahead of Sri Lanka over the last several years. Revenue generated by Sri Lanka on software exports is currently estimated at US$80 million. The local software industry believes that Sri Lanka can achieve US$ 1.0 billion in total ICT related export services by 2012 – with the right mix of industry coordination, support from academia and establishment of a policy environment conducive to ICT growth. The ICT Industry Cluster, which has now been formally incorporated as the Sri Lanka ICT Association (SLICTA) is committed to transforming Sri Lanka into a sustainable, world-class center for high-value, rapidly evolving IT services. More.... Submit Article Our Business Articles content reflects important Sri Lankan business information written by leading authorities and experts. We welcome submissions which will be peer reviewed before being accepted for publication. If you wish to propose or submit an article for inclusion here, please contact us. Copyright Notice Business Sri Lanka makes no claim in repect to copyright of articles reproduced here. All content belongs to the respective author unless otherwise indicated. |
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