The Sunday Times - 03/08/2014
Local IT and business process management (BPM) exports have grown “significantly” from US$213 million in 2007 to an estimated $720 million in 2013 and a projected $850 million in 2014; according to the recently issued “Sri Lankan IT-BPM Industry Review 2014″ report, which was commissioned by private sector body SLASSCOM, and prepared by PriceWaterhouseCoopers Sri Lanka.
Further, the report also added that “(total) employment grew from 33,700 in 2007 to an estimated 75,100 employees in 2013, and the number of companies in the industry grew from 170 in 2007 to over 220 in 2013″. At the same time, the report also projects employment for 2014 as reaching 82,850.
- IT workforce to reach 82,850 by end 2014
- IT exports set at $850 million by end 2014; 2022 target – $5 billion
- 63 per cent of the workforce has graduate or post-graduate level qualifications. Bachelor’s degree standard entry level qualification for recruitment in many job categories
- Approx. 2.5 million square feet of Grade A leasable office space currently being offered as commercial office space
- Additional 765,000 square feet of office space under construction; ready by end 2015
- 6 million square feet of office space in the construction pipeline
- IT park being built on 17 acres of land at Katunayake
Local IT and business process management (BPM) exports have grown “significantly” from US$213 million in 2007 to an estimated $720 million in 2013 and a projected $850 million in 2014; according to the recently issued “Sri Lankan IT-BPM Industry Review 2014″ report, which was commissioned by private sector body SLASSCOM, and prepared by PriceWaterhouseCoopers Sri Lanka.Further, the report also added that “(total) employment grew from 33,700 in 2007 to an estimated 75,100 employees in 2013, and the number of companies in the industry grew from 170 in 2007 to over 220 in 2013″. At the same time, the report also projects employment for 2014 as reaching 82,850.