The Telecommunications and Networking Industry which has been the catalyst for many of the technological transformations of the 4th Industrial revolution will continue to be a path of delivery of a greater portfolio of services and ubiquitous coverage to the entire world. As with many commoditized services, the wider adoption brings about a greater degree of challenges. The latest software driven architectures of telecommunication systems have almost blurred the boundaries between hardware and software in the Telecommunication and Network Space.
As a high-quality software engineering hub, Sri Lanka stands to gain from the integration of software components to the global Telecom and Networking space. True to this phenomenon, several start-ups in Sri Lanka have designed and built ground-breaking solutions in this sector and have achieved global recognition and acceptance. The focus placed on this sector in the academic institutions has resulted in an endless throughput of professionals to the industry and in high calibre research personnel who are able to meet sophisticated R&D requirements.
While the Telecommunication and Networking Equipment market includes infrastructure and may present a distorted indication, the Optical Communication and Network equipment market projections will provide a rationalistic reference to the potential of the segment.
The National Export Strategy of Sri Lanka aims to generate $5 billion in revenue, creating 200,000 direct jobs and establishing 1000 Information Technology and Business Process Management (IT-BPM) start-ups via the IT-BPM industry by 2025. Total credits from the ICT sector amounted to approximately $1 billion in 2020. In 2018, the country initiated the process of adopting fifth generation (5G) technology. In parallel to this, Sri Lanka has also seen significant development in the sectors of telecommunication and networking product and component design and development for both domestic and export markets. The manufacturing plants are equipped with world-class manufacturing methods and cutting-edge technologies from renowned global partners which enables the manufacturing of world class products. The plants are certified under CE, FCC, ROHS, ISO 9001-2008 and ISO 14000 certifications and it is equipped to manufacture telecommunication and networking components and products including PCs, catering to diverse demands in various verticals. Several other international and local standard certifications such as DNV - ISO 9001, BMQR - ISO 14001, CE - BMQR, FCC – UK Certification, ROHS - BMQR, SLS certification as well as Sri Lanka Sustainable Energy Authority’s certifications and approvals have been received by these manufacturers.
Sri Lankan Electrical and Electronics industry is in a constant state of research and development in order to provide the best quality products suiting the standards of the global market. The wide variety of products and exporters cover every aspect of the industry
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