The Best Software Development Companies in Sri Lanka

for Software Development Outsourcing

Top 15

Software Development Companies in Sri Lanka

Updated on December 25th, 2022
Software Developers

Even though it is often left out of many economic maps and hides behind its neighboring giant, India, Sri Lanka is a small land filled with many opportunities, even in the software development sector.

Recently named 'the Island of Ingenuity', Sri Lanka has quickly established a reputation as an up-and-coming hub for Information and Communication Technologies (ICT) and Business Process Management (BPM) in South Asia.

Over the past few years, Sri Lanka has rapidly gained repute as an emerging hub for information and communications technology (ICT) and business process management (BPM). In short, Sri Lanka's IT and knowledge sector has become the fifth most significant contributor to the country's export revenue. 

In the process, the nation has become a developing brand with increased potential customers, with its businesses at the forefront of technological innovation. In the past years, Gartner ranked Sri Lanka among the top 30 leading locations for offshore services.

But let’s get to what you are likely most interested in - the 15 best software development companies you can outsource projects to.

Mina Stojkovic
Senior Technical Writer

How Does The GSC Ranking Algorithm Works

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Discovery

We conduct an in-depth investigation into the available software development companies operating within a given region. This helps us gather an exhaustive list of potential companies to evaluate.

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Screening

Utilizing a combination of third-party tools, online resources, and client feedback, we apply our proprietary algorithm to screen the software development companies and select the most capable and trustworthy ones in each country.

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Ranking

Our ranking algorithm determines the top 15 software development companies based on experience, expertise, reputation, and customer feedback. Only the top-ranked companies are presented to guarantee the best options for clients.

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Backed by 700+ hours of meticulous research, customer feedback, public sentiment analysis, comprehensive website evaluations, and an unwavering commitment to impartiality

Best Sri Lankan Software Companies in 2023

BairesDev logo

1BairesDev

Variable
3700
$50,000
VISIT WEBSITE
Biggest Clients:
Google   |  Microsoft   |  Apple
BairesDev was founded in 2009 by former software engineers and has quickly become one of the largest software development companies in Latin America. It has offices in Argentina, Brazil, Colombia, Mexico, and the US. BairesDev works with both start-ups and Fortune 500 companies. Besides expertise in their given field, BairesDev stands out by requiring all their employees to be fluent in English. Another benefit of working with BairesDev is that they work across multiple time zones, allowing for easy integration with in-house development teams. So if you are looking to work with top performers senior level engineers, BairesDev is one of your best options.
Web Development
AI
Agile Development
Staff Augmentation
DevOps
Custom Software Development
Cloud Computing
Cybersecurity
Business Intelligence
Mobile Development
GSC Score 9.3
Seniority 8.6
Growth Rate 8.7
Organic Presence 10.0
Online Reviews 9.4
Andersen Inc. logo

2Andersen Inc.

$25 - $49
3000
$25,000
VISIT WEBSITE
Biggest Clients:
Samsung   |  Marvel   |  RyanAir
With more than 3000 employees, 15 years of experience, and thousands of projects delivered, Andersen software lab is the best place for global enterprise companies in need of technical support. This company has its headquarters in Germany and more than 15 developing centers across Europe. Andersen Inc. was a tech partner to world-renowned companies such as Samsung, Marvel, and RyanAir. They combine a strong technical back-end with easy-to-use modern design in industries such as fintech, automotive, media&entertaintment, and healthcare.
Web Development
Custom Software Development
DevOps
UI/UX Design
Mobile Development
GSC Score 8.2
Seniority 6.4
Growth Rate 8.4
Organic Presence 5.5
Online Reviews 9.5
CI&T logo

3CI&T

$50 - $99
6434
$100,000
VISIT WEBSITE
Biggest Clients:
Lenovo   |  Foot Locker   |  Global Fashion Group
CI&T is a global software development company, founded in 1995 with over six thousand employees across the continents. Apart from several offices they have in Brazil, you can find them in the US, Canada, US, UK, Portugal, Japan, China, Australia, and Colombia. CI&T’s client list consists of mostly enterprise and midmarket companies, with revenues bigger than $10 million. They have a track record of over 25 years of combining impact-focused strategy with client-centric design and technical mastery to deliver end-to-end projects.
Big Data
Machine Learning
UI/UX Design
Cloud Computing
DevOps
GSC Score 9.3
Seniority 7.8
Growth Rate 8.8
Organic Presence 7.9
Online Reviews 9.7
N-iX logo

4N-iX

$50 - $99
1800
$100,000
VISIT WEBSITE
Biggest Clients:
Office Depot   |  PrettyLittleThing   |  Fluke
N-iX provides tech-consulting services, digital product research and development, as well as a team extension to fast-growing tech companies across the world. Their offices are located in Malta, Bulgaria, Ukraine, Poland, Sweden, and the USA. The people working at N-iX are experts in data and cloud technologies, IoT services, UX design, and game development. Over the past 20 years, they have worked with numerous Forbes 500 companies and helped them with modernization, cost-effectiveness, and growth.
Agile Development
Custom Software Development
UI/UX Design
DevOps
Internet of Things
Cloud Computing
GSC Score 9.1
Seniority 7.0
Growth Rate 8.2
Organic Presence 7.5
Online Reviews 9.3
Solvd Inc. logo

5Solvd Inc.

$25 - $49
440
$10,000
VISIT WEBSITE
Biggest Clients:
NerdWallet   |  MyFitnessPal   |  Famous Industries
Solvd is both a consultancy and software engineering company in Argentina that outsources skilled developers. They offer custom software development, technology advisory and consulting services, digital transformation, and IT management. Solvd was founded in 2011 and has since opened offices in 8 countries around the world. They are devoted to internal knowledge sharing and host biweekly tech talks to advance staff in their craft and improve team cohesion. They work on projects from the banking to the gaming industry.
Mobile Development
Virtual Reality & Augmented Reality
Web Development
Custom Software Development
GSC Score 7.1
Seniority 5.7
Growth Rate 7.5
Organic Presence 1.5
Online Reviews 9.2
Encora logo

6Encora

$25 - $49
5000
$0
VISIT WEBSITE
Biggest Clients:
DHL   |  Task Rabbit   |  Armor
Encora is an international IT company that leads the field of product development. With more than 5000 employees and over 20 offices worldwide, Encora has the capacity to serve all your software needs. This company never sleeps. Their prime customers are enterprises, but they work with all types of companies. Their experts are specialists in many fields, most prominently health tech and fin-tech, as well as supply chain solutions.
Business Intelligence
Custom Software Development
DevOps
Big Data
AI
GSC Score 8.9
Seniority 7.7
Growth Rate 8.6
Organic Presence 8.1
Online Reviews 9.2
Avenga logo

7Avenga

$50 - $99
2300
$50,000
VISIT WEBSITE
Biggest Clients:
Mazda   |  SwissLife   |  Volvo
Avenga is a global IT company established after merging four software development businesses in 2019. More than two thousand people work for Avenga across Europe and Asia. They deem themselves the new breed of technology partner that disrupts outdated IT ways. Since the company originates from Germany, it is no surprise that Avenga’s major clients come from the automotive industry - Opel, Mazda, and Volvo. However, they have delivered results in pharma and life sciences, insurance-related projects, fintech, and real estate.
Business Intelligence
Digital customer onboarding
Custom Software Development
Staff Augmentation
GSC Score 9.0
Seniority 9.4
Growth Rate 8.2
Organic Presence 6.9
Online Reviews 9.3
Beon Tech logo

8Beon Tech

$50 - $99
130
$50,000
VISIT WEBSITE
Biggest Clients:
KIN Insurance   |  SimplePractice   |  Acoustic
Beon Tech is an Argentinian hiring and outsourcing company that hires the top 3% LATAM IT engineering talent, while requiring them to have excellent English skills. Unlike the other companies on this list, Beon Tech does not develop in-house software. Their entire business model rest on hiring and vetting qualified software engineers, providing them with additional qualification, re-skilling and growth opportunity, and outsourcing them to other companies. In short, you don’t hire Beon Tech to build finished software for you, you hire them to provide you with the staff necessary to complete your projects in-house.
Web Development
Mobile Development
GSC Score 7.3
Seniority 5.4
Growth Rate 7.0
Organic Presence 1.8
Online Reviews 9.9
Arkano logo

9Arkano

$50 - $99
120
$25,000
VISIT WEBSITE
Biggest Clients:
Microsoft   |  Coca-Cola   |  Unilever
Arkano is a Latin American software development company that specializes in agile thinking and staff augmentation. They are a client-oriented team of more than 100 people across Uruguay, Argentina, Paraguay, Chile, and Peru. They have a history of working with enterprises and mid-market companies. Additionally, Arkano worked on software development in different niches, such as finance, pharmaceuticals, retail, and entertainment.
Staff Augmentation
Cloud Computing
AI
DevOps
GSC Score 6.0
Seniority 4.7
Growth Rate 6.9
Organic Presence N/A
Online Reviews 7.9
Biggest Clients:
Panama Canal   |  Deloitte   |  Flex
Perficient is a global company specializing in IT consulting and services, with offices on almost every continent. Their South American offices are awarded as one of the top 100 outsourcing companies in the world, according to IAOP in 2021. Perficient is big on cybersecurity and is SOCII compliant, which means that every engagement is highly secure. Perficient has had clients from various industries, such as healthcare, financial services, automotive, and telecommunications. They’ve worked on big projects for Panama Canal, Deloitte, and Flex. This company offers all software development services, from product development to AI machine learning, and their hourly rate goes from $50 to $100. With more than $850 million in annual revenue, they are the most-earning company on our list.
Staff Augmentation
Software Testing & QA
DevOps
Cloud Computing
Agile Development
GSC Score 7.6
Seniority 7.6
Growth Rate 8.6
Organic Presence 2.1
Online Reviews 8.6
10 Pearls logo

1110 Pearls

$25 - $49
1700
$50,000
VISIT WEBSITE
Biggest Clients:
Johnson & Johnson   |  PayPal   |  Coca-Cola
10 Pearls is a company with American origins, founded by two brothers who were tech enthusiasts. The company has been spreading all over the world and has become an international software developing partner with offices in DC, New York, London, San Jose, Toronto, Dubai, Karachi, Lahore, Islamabad, and Medellin. They work with global enterprises and high-growth clients, such as Uber, Johnson&Johnson, Intuit, NatGeo, and many more. 10 Pearls offers solutions beyond just coding, their purpose is digital transformation, using innovation, modernization, digitalization, and augmentation. According to the case studies on their website, they take pride in working on projects that help the communities and the little man.
Custom Software Development
UI/UX Design
DevOps
Cybersecurity
Big Data
GSC Score 8.2
Seniority 7.2
Growth Rate 8.2
Organic Presence 6.0
Online Reviews 8.8
Rootstrap logo

12Rootstrap

$100 - $149
290
$50,000
VISIT WEBSITE
Biggest Clients:
MasterClass   |  Google   |  Salesforce
Rootstrap is the company with the highest average hourly rates on this list, but for good reason – they offer very specialized services. It provides web and mobile app development with a focus on UX and UI features. Rootstrap was founded when two companies merged – a Los Angeles-based design and strategy studio and a Montevideo-based mobile app and web development company (with a new office quickly opening up in Buenos Aires). The combined expertise of the founders makes Rootstrap a truly unique software company.
Machine Learning
UI/UX Design
DevOps
Product Design
Mobile Development
GSC Score 8.7
Seniority 7.3
Growth Rate 7.3
Organic Presence 7.9
Online Reviews 9.5
DaCodes logo

13DaCodes

$25 - $49
140
$50,000
VISIT WEBSITE
Biggest Clients:
Walmart   |  Ford   |  Discovery Channel
DaCoders work in teams to provide you with the best developing service in Mexico. In their eight years of existence, DaCodes have worked on more than 300 projects in 15 niche industries. It is a fast-growing business with more than 220 collaborators across the world, and two years ago DaCodes was announced as a ‘’Great Place To Work’’. Additionally, it has the SG badge of ‘’Best Place to Code’’ and a Clutch badge for being in the top of all Latin American B2B companies.
Staff Augmentation
UI/UX Design
Software Testing & QA
Business Intelligence
GSC Score 6.8
Seniority 5.1
Growth Rate 7.0
Organic Presence 1.8
Online Reviews 8.9
Sonatafy logo

14Sonatafy

$50 - $99
150
$50,000
VISIT WEBSITE
Biggest Clients:
Fox   |  Cisco   |  IBM
Sonatafy is an American company featured in Forbes&Entrepreneur Magazine as a nearshore software development company. With offices across Latin America, they provide a nearshore service of creating an interdisciplinary team of IT professionals who work in your time zone. Although Sonatafy works on projects in any industry out there, this company has a track record of high-profile cases in industries such as healthcare, financial and software services, SaaS, and retail. They take care of their employees, so their attrition rate never exceeds 7%. Sonatafy engineers constantly improve their skills, and their managers oversee everyone’s personal development.
Web Development
Mobile Development
Staff Augmentation
IoT
Machine Learning
GSC Score 7.8
Seniority 5.8
Growth Rate 6.8
Organic Presence 5.3
Online Reviews 9.6
Luby logo

15Luby

$50 - $99
290
$1,000
VISIT WEBSITE
Biggest Clients:
Papaya Payments Mobile Apps   |  USEND   |  DCI
Luby is a Brazilian company with 20 years of experience providing complete services for all digital product lifetime stages. Their westernized business culture, full English-proficient professionals, teams working in the 7 time-zones and hourly rates going as low as 60% of the equivalent local talent, are some of the major levers of Luby's international expansion, especially in the United States. This company usually works with midmarket businesses, but they also have enterprise and startups clients. Luby provides staff augmentation and offers one of the best experts from Brazil to follow you on your journey to end-to-end digital transformation.
Custom Software Development
Staff Augmentation
GSC Score 6.4
Seniority 5.0
Growth Rate 7.4
Organic Presence 0.7
Online Reviews 8.3

Steps to Take Before Outsourcing Software Development

Hiring the best product development teams can be a daunting task. It is essential to ensure that you are hiring the right team for your project, as this will determine the success of your product or service. Here are some tips on how to hire the best software development teams in Sri Lanka. 

Software Developer Thinking

How Can You Hire the Best Software Development Teams?

1. Research and Compare

Before making any decisions, it is vital to do the research. Compare app development companies in Sri Lanka to see the average market price. Look at their portfolios for industry experience, read customer reviews, and ask for references to better understand their work's quality.

2. Check Their Expertise

It is vital to ensure that the custom software development team you hire has the right expertise for your project. Make sure they are industry specialists in developing similar projects and can provide you with a portfolio of their work.

3. Ask for a Detailed Proposal

Once you have narrowed down your list of potential SDCs, ask them to provide you with a detailed proposal outlining their approach and timeline for the project. This will help you make an informed decision about which team is best suited for your project.

4. Negotiate Terms

Before signing any contract, it is essential to negotiate the terms of the agreement. Ensure you are clear about the timeline, budget, and other details related to the project.

Challenges in Communication 

Sri Lanka is home to two official languages: Sinhala and Tamil. While English is widely spoken in the country, it is advised to know the local languages when working with software development teams in Sri Lanka (or any other offshore software development country). It will help ensure that all stakeholders can communicate effectively and understand each other's needs.

One of the best ways to ensure that the person you are communicating with understands your message is to use a translation service or person. It will help bridge the language gap and ensure everyone is on the same page. 

If this is not an option, make sure to ask clear and concise questions and if you are insecure about taking the project to the next level, make sure to voice your concerns to the company and ask for clarification.

Why Outsource Software Development to Sri Lanka?

Sri Lanka is quickly becoming one of South Asia's premier destinations for tech development. With a strong and rising talent pool, competitive labor costs, and a hospitable environment for businesses, Sri Lanka offers excellent opportunities for companies looking to develop their products or services in the technology sector.

With a cutting-edge outlook on digital transformation, Sri Lankan software developers have shifted to focus on Custom Software Development, making the country an attractive destination for tech businesses looking to optimize opportunities. Tech investors looking to capitalize can take advantage of Sri Lanka's strategic access to markets such as India, the UK, and the US and be ahead of the curve in terms of technology.

Sri Lankans have a reputation for producing high-quality output and delivering Entire Product Life Cycle projects within deadlines; these qualities have made them highly sought after by companies worldwide. In addition to Custom Software Development services, some companies offer a range of other services, such as

  • Mobile App Development,
  • Game Development, 
  • Web Design & Development,
  • Graphic Design
  • and Digital Services.

Companies might even offer Social Media Marketing and incorporate other Digital Products. Considering your actual needs, you should go through all of the services a company might suggest, as they are doing business like you. 

Now, depending on whether your company needs a Full-Cycle of Custom Software Development or a Service Focus segment in the development process, some companies will be a better fit than others.

Talented Sri Lankan Software Developers Are on the Rise

Are you looking to add a skilled industry leader to your team? You're lucky; Sri Lanka is home to an incredible trove of talented software development partners ready to work on innovative projects.

The tech industry in Sri Lanka is proliferating, with the number of talented software professionals increasing. In the past few years, demand for freelance developers from Sri Lanka has steadily risen as more companies look for capable software engineers to outsource their development needs.

Sri Lankans have a reputation for producing high-quality output and delivering projects within deadlines; these qualities have made them highly sought after by companies worldwide. In this article, we explore why there is such an influx of talented freelance Sri Lankan software developers and discuss the advantages of working with them.

Using LinkedIn To Find Software Development Partners

Sometimes, simply typing in words such as 'the best software development companies will only give you a list of ones with the best marketing strategy and paid ads. Using LinkedIn as a source is a great way to overcome this browser trap.

LinkedIn is an excellent source for finding the best software development companies in Sri Lanka. You can search for companies and filter them by location, industry, size, and more. You can also check out the profiles of the developers working at these companies to get an idea of their experience and skill set. Here are the top 9 tips for making the best of it. 

  1. Create a list of promising software development companies that may fit your outsourcing needs. Use LinkedIn to search for potential companies based on their industry, size, and location, or go through the GSC database as we did the hard work for you.
  2. Look at the company profile page to gain insights on their current success and awarding history (awards they've won or processes they've been certified in).
  3. Search for employees working in companies specializing in software development and check out their professional profiles. Many experienced professionals will be a good sign that the company is doing well.
  4. Follow the company's LinkedIn profile to stay up-to-date with any news about them, such as job postings, employee activities, upcoming events, or recent awards or certifications received by the company.
  5. Filter product reviews from customer experience to get an honest view of past clients' satisfaction with the services provided by a particular company. Consider feedback from these reviews before outsourcing software development projects with them.
  6. Participate in relevant discussion groups related to software development outsourcing to find other professionals with experience working with specific companies you are looking into outsourcing work with. Ask which companies they recommend for similar software projects and why?
  7. For an inside perspective on how successful each company has been with completing similar projects in scale and scope, reach out directly to their employees.
  8. Utilize the search function on LinkedIn to identify software development companies that have a presence in the area you are interested in. Websites such as Upwork, Clutch, and GoodFirms may help identify top-tier software development companies in a specific city or region.
  9. Attend virtual events hosted by various software development companies on LinkedIn or read through case studies they share on their page to better understand their capabilities when developing software applications.

Looking Outside of Sri Lanka?

Suppose the cutting-edge technology software development companies in Sri Lanka must match your partnership criteria and fail. Look for other choices in the Southeast Asia market. Consider shifting the region and using a Barcelona-based Software Development Company. Our curated collection of top software companies from nations worldwide may help you find a suitable provider.

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