Sampath Information Technology Solutions

What Sampath Information Technology Solutions does

Sampath Information Technology Solutions (SITS) is a Sri Lankan enterprise IT services and custom software firm operating as a fully owned subsidiary of Sampath Bank PLC, headquartered at 321 Galle Road, Colombo 03. The company is organized around three service pillars — Enterprise Solutions (cybersecurity, server and storage, structured cabling, enterprise Wi-Fi, UPS/power), Managed Services (end-user provisioning via "Smart Connect," ITSM, physical security, smart building, and OPEX/IaaS bundles), and Software Solutions (custom mobile, web, and API integration services, plus purpose-built platforms such as the Prime digital gold loan system). Its core technology stack is built on the Microsoft ecosystem (.NET 4.5 and .NET 6, SQL Server, Windows IIS), Oracle databases (10G, 12C), Crystal Reports, and mobile platforms for Android and iOS, with explicit integrations into core banking systems, SMS gateways, and Active Directory.

SITS sells primarily to banks, finance companies, and large Sri Lankan enterprises through a dedicated enterprise field-sales motion and a Client Account Management function, supported by referral channels originating from the Sampath Bank parent network. Pricing is contact-based: enterprise solutions carry multi-year contracts; managed services are recurring monthly subscriptions; software solutions combine project-based development with ongoing maintenance; and OPEX/IaaS bundles provide usage-based billing. Named customers include Cargills Bank (Prime gold loan across 30+ branches), Pan Asia Bank (credit approval workflow), Amana Bank (Sharia-compliant gold loan platform), and Lion Brewery Ceylon PLC (fuel management).

The company employs over 200 specialists across Board, Leadership, Sales Force, Tech Force, and "X Force" teams, supplemented by an Infinity Foundation CSR arm and reporting awards at PMI 2024, NPME 2025, NBQSA 2025, ASOCIO 2025 (ESG), EGUARDIAN Click 2025, and ICSDB 2025. A 2025 strategic partnership with Bluechip Technologies Asia signals intent to layer AI capabilities onto the existing platform portfolio. Geographic reach is single-country (Sri Lanka), with brand visibility extending regionally through the ASOCIO recognition.

Name

Sampath Information Technology Solutions

Legal name

Sampath IT Solutions (Pvt) Ltd.

Website

https://sits.lk

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Sampath Information Technology Solutions is a Colombo-based enterprise IT services and custom-software subsidiary of Sampath Bank PLC, building banking, finance, and operational platforms for Sri Lankan clients using Microsoft-stack and Oracle technologies across managed services and bespoke deployments.

Ownership category

akta.pro rank

Product category

Banking IT Services

NAICS

Computer Systems Design and Related Services (54151), Computer Facilities Management Services (541513), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

ITSM Managed Services (Run/Operate/Optimize) (BPAEAJAN)

akta.pro secondary industries

Service Desk & Help Desk Services (BPAEAJAA), Backup & DR Software Implementation & Managed Platforms (BPAEALAI), Software/Application Support (SaaS, Enterprise Apps) (BPAAACAC)

Keywords

• Banking software solutions
• Enterprise IT services
• Digital lending platforms
• Managed IT services
• Custom software development

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Enterprise Solutions Services: Infrastructure solutions including cybersecurity, server and storage, structured cabling, enterprise Wi-Fi, UPS and power systems. Delivered as project-based engagements with enterprise clients including banks and finance companies.
2. Managed Services: Ongoing IT operations management including end-user equipment provisioning, IT service management, physical security systems, OPEX solutions, and smart building solutions. Delivered through recurring service contracts with predictable monthly billing.
3. Software Solutions: Custom software development including mobile apps, web applications, API integrations. Purpose-built platforms like digital lending, onboarding, and workflow automation. Revenue from development projects and ongoing software maintenance.
4. OPEX/IT-as-a-Service: Scalable pay-as-you-go IT services including infrastructure as a service (IaaS), hardware leasing and licensing bundles with predictable monthly billing designed for CFO alignment.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Sampath Information Technology Solutions (SITS) delivers enterprise IT solutions, managed IT services, and custom software development primarily for banks, finance companies, and large enterprises across Sri Lanka. The company operates three service pillars — Enterprise Solutions (infrastructure, cybersecurity, server and storage), Managed Services (IT operations, OPEX models, smart buildings), and Software Solutions (custom mobile and web applications, API integrations, digital lending and workflow automation platforms). SITS specializes in banking-sector solutions such as digital gold loan systems, credit approval workflows, and Sharia-compliant platforms, with its flagship product 'Prime' being a modular, branch-ready digital gold loan platform built for the financial services industry.

Product overview

Sampath IT Solutions operates as a diversified IT services company offering three main pillars: Enterprise Solutions (infrastructure, cybersecurity, server & storage), Managed Services (IT operations, security, OPEX models, smart buildings), and Software Solutions (custom mobile/web apps, API integrations). Their flagship software product is 'Prime', a modular digital gold loan platform built for Sampath Bank's parent ecosystem. The company specializes in banking and financial services solutions but serves other sectors including retail, logistics, and enterprises with complex infrastructure needs.

Differentiator

Problem solved

Functional benefit

Brands

• Infinity Foundation: CSR initiative focused on education and technology access, including IT lab installations in schools and technology training for students
• Prime

Products and services

• Enterprise Solutions
• Managed Services
• Software Solutions
• Prime Digital Gold Loan System

Quantifiable outcome

• 100% digital enablement with 95% uptime in first three months for gold loan system
• +7 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Bluechip Technologies AsiacoreStrategic or Co-development Partner · 18 June 2025Strategic partnership announced in June 2025 under leadership of Mangala Rodrigo (CEO of SITS) and Uditha Bandara (CEO of Blue Chip Technologies Asia) to integrate cutting-edge AI tools into SITS products. Collaboration aims to elevate innovation and transform the tech landscape by empowering businesses to achieve more through AI-powered solutions.
• Spa Ceylon Ayurveda WellnessminorOthers · 8 March 2025Wellness partnership for Women's International Day 2025 celebration. Spa Ceylon provided Skin Wellness Ritual for team members as appreciation gesture.
• Sampath Bank GroupcoreStrategic or Co-development PartnerSITS is a fully owned subsidiary of Sampath Bank PLC. Parent company relationship provides deep banking domain expertise, regulatory experience, and access to extensive corporate network. SITS operates independently but stays aligned with Sampath Bank's long-term digital strategy.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

• Xx.com/SITS123
• Facebookfacebook.com/SampathITS
• LinkedInlinkedin.com/company/sampath-it/mycompany
• Instagraminstagram.com/sampath_it_solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sampath Information Technology Solutions