Before we decided to double down on building software teams in Sri Lanka, we conducted extensive research on which countries would be a viable investment. We compared different offshoring destinations in terms of financial attractiveness, people skills & availability and business environment. Sri Lanka came out as the most notable runner-up.
There are 3 main reasons why we believe Sri Lanka is the best choice to build your offshore teams: 1) It’s a young and dynamic alternative to India. Costs and talent profiles are similar, attrition levels are lower and the general businesses climate and infrastructure are superior. 2) Sri Lanka has a highly educated workforce. English is taught as a second language and literacy rates are amongst the highest in the reason. 3) International companies from all over the world are expanding their development operations in Colombo, clearly indicating that the market is ready for investment.
So there your have it, 3 reasons why Sri Lanka is a great location for your development team(s) and - most importantly - that the time to move is now.
Our world is digitalising rapidly. As a result, the demand for tech developers is going through the roof. For most tech companies this means they can’t count on the Western market for sustainable growth anymore; the best developers usually already have a job and/or are very expensive.
That’s why ambitious, fast-growing, small and medium-sized companies increasingly look abroad to fuel their growth. They work with one or more remote teams based offshore. A global set-up like this offers businesses several key advantages: 1) Access to experts. 2) They get to stay lean. 3) They get to work with a dedicated team.