Why Sri Lanka is an ideal tech destination for Swedish companies
Sweden's best known enterprise software company does most of its engineering in Sri Lanka. IFS, founded in Sweden, runs 75% of its global R&D and 80% of its product support from Colombo, with 2,200+ people. Frontwalker, listed in Stockholm, calls its Colombo office its global tech center. Creative Software has built dedicated teams for Swedish clients for 25 years.
- 75%
- of IFS global R&D is done in Colombo
- 100+
- Frontwalker engineers in Colombo
- 4.5 to 5.5
- shared working hours a day
5 companies connected to Sweden already build in Sri Lanka
FrontwalkerDescribes its model as the intersection of Nordic trust and Sri Lankan innovation.Read the story and sources
Creative SoftwareDeepest client roots in Sweden, Norway and Denmark.Read the story and sources
IGT1 LankaLaunched by EQT, the Stockholm based investor, with Hg and TA Associates.Read the story and sources
RootcodeMats Hultin, a former Ericsson and Saab executive, sits on its board.Read the story and sourcesWorking hours and time zones
Sri Lanka is 3.5 hours ahead of Sweden in summer and 4.5 hours ahead in winter. With a 9 to 6 day in both places you share 4.5 to 5.5 working hours every day.
What Swedish companies source from Sri Lanka
HealthtechRegulated health platforms and operations
Automotive techEmbedded, electric vehicle and connected car software
Fintech and capital marketsTrading, banking and wealth platforms
AIAI products, agents and data platforms
Enterprise software and ERPERP, integration and large product codebases
Semiconductors and embeddedChip design tools and device software
Logistics and travel techBooking, warehouse and supply chain systems
Govtech and public sectorPublic sector platforms and secure delivery
Finance and shared servicesAccounting, finance operations and shared servicesThree ways to start
Hire a few people
Use an employer of record or contractors. No local company needed. How it works
Take a dedicated team
A Sri Lankan company runs a team that works only for you. See companies
Open your own centre
Register a company and hire directly. Setup guide
Tell us who you need
We introduce Sri Lankan engineers, specialists or partner teams who have worked with companies from Sweden.
Common questions
Which Swedish companies have engineering teams in Sri Lanka?
IFS and Frontwalker both run large engineering operations in Colombo. EQT, the Swedish investment firm, owns WSO2 and co owns IFS and IGT1 Lanka.
What is the time difference between Sweden and Sri Lanka?
Sri Lanka is 3.5 hours ahead in summer and 4.5 hours ahead in winter, giving 4.5 to 5.5 shared working hours a day.
How much of IFS is built in Sri Lanka?
According to our reporting, 75% of IFS global R&D and 80% of its global product support are handled from Colombo.