WSO2, Sri Lanka’s largest software company, ends yet another successful year
View(s):WSO2, the Colombo-based global leader in digital transformation technologies, said this week that it is on track to close this financial year with 30 per cent year-over-year (YoY) growth.
Contributing to customer adoption was WSO2’s participation in several of the world’s most influential tech and software development conferences visited by over 500,000 industry experts in 2022. More than 800 customers in over 90 countries—including government agencies and global leaders in financial services, communications, healthcare, and technology—now rely on WSO2’s products and solutions, the company said in a media release.
In 2022, WSO2 saw additional gains, including – double-digit growth in annual recurring revenue (ARR) across the company’s business units; extension of the partner network to over 200 across the Americas; Europe, the Middle East, and Africa (EMEA); and Asia-Pacific; expansion of WSO2’s global team to 900-plus employees; global recognition in analyst reports from Gartner, G2, Forrester, and KuppingerCole, among others; and two new offices incorporated in Singapore and Malaysia.
In 2022, WSO2 invested significantly in expanding its global market presence by participating in 100-plus events, including the global Gartner Summits and Symposiums, GITEX (Dubai), KubeCon + CloudNativeCon (North America), and Identity Week (UK and Singapore). The recently concluded Gartner IT Symposiums in Europe and North America, alone, had a combined audience of 17,000 attendees.
The events have also provided a platform for WSO2 to exchange insights and best practices with other industry experts, staying true to the company’s open-source values.
The statement said WSO2′s strong growth has persisted despite global economic uncertainty. Many organisations have accelerated their digital transformation initiatives to enable online communications, collaboration, and commerce, reducing project schedules from years to months or weeks. These companies increasingly rely on WSO2 for API management, integration, and customer identity and access management (CIAM) in order to innovate new, secure digital services and applications faster.
“For a company founded in
Sri Lanka to stand side by side at leading global events with technology giants like Microsoft, Google, and Intel is an impressive feat. It demonstrates the company’s, and our people’s, standing within the industry”, said Radhik Colombage, vice president of corporate marketing at WSO2.
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