What FITIS - Federation of Information Technology Industry Sri Lanka does

FITIS - Federation of Information Technology Industry Sri Lanka is the recognized apex industry body for Sri Lanka's ICT sector, established in 1996 and operating as a non-profit membership organization headquartered in Colombo 03. It represents over 200 member companies spanning ICT infrastructure, software, digital services, education and training, digital trust, and telecommunications, and functions as the official interface between the Sri Lankan ICT industry and government bodies including the Ministry of Digital Economy, the Ministry of Education, the Information Communication Technology Agency (ICTA), the Sri Lanka Computer Emergency Readiness Team (SL CERT), the Export Development Board, and the Industrial Development Board.

The federation is organized through seven specialized chapters — Infrastructure, Software, Digital Services, Education and Training, Digital Trust, Telecommunications, and a Professional chapter — each governed by elected Presidents and Vice Presidents, with 15+ working groups operating under them. Service lines are not software products but association functions: industry advocacy at the policy level, global networking and trade delegations through ASOCIO and APICTA, capacity building and training (Industry Digital Academy, Tender and Bidding Upskilling, Digital SME Capacity Building), B2B matchmaking, digital transformation consultancy for traditional industries, and awards programs including the Young Computer Scientist (YCS) competition and the FITIS Cricket 6's industry tournament, which scaled to over 93 teams in 2026. The Chairman's 2025/2026 message positions AI, digital inclusion, and smart infrastructure as agenda pillars under a stated USD 15 billion digital economy target for 2030.

FITIS earns revenue primarily through tiered annual membership subscriptions in Sri Lankan Rupees — Full Members (LKR 50,000/year for companies with annual revenue at or above LKR 12M), Associate Members (LKR 30,000/year for sub-LKR 12M revenue firms), Corporate Partners (LKR 300,000/year), and Premier Corporate Partners (LKR 500,000/year) — supplemented by secondary chapter affiliation fees, event and program income, and government co-funded initiatives. The organization does not disclose its financials and does not offer a unified software product, API, or AI platform; its competitive position rests on regulatory access, brand authority accumulated over 30+ years, and the network density of its 200+ member firms and 10,000+ represented professionals.

Name

FITIS - Federation of Information Technology Industry Sri Lanka

Legal name

FITIS Guarantee Limited

Website

https://fitis.lk

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

FITIS is the apex industry federation for Sri Lanka's ICT sector, representing 200+ member companies across seven specialized chapters. It delivers policy advocacy, capacity building, B2B matchmaking, and international trade access through ASOCIO and APICTA, funded by tiered membership subscriptions.

Ownership category

akta.pro rank

Headquarters

HQ city

Colombo, Western Province

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Infrastructure

Revenue model

1. Membership Fees: FITIS generates revenue through annual membership fees at multiple tiers: Full Members (LKR 50,000/year with LKR 25,000 joining fee for companies with revenue >= LKR 12M), Associate Members (LKR 30,000/year with LKR 10,000 joining fee for companies with revenue < LKR 12M), Corporate Partners (LKR 300,000/year), and Premier Corporate Partners (LKR 500,000/year). Secondary chapter affiliations incur additional annual fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

FITIS is a non-profit industry federation that provides membership-based advocacy, networking, capacity-building, and business matchmaking services to over 200 ICT companies in Sri Lanka. Its core activities include representing member interests in government policy discussions, organizing international trade delegations through ASOCIO and APICTA, running training programs such as Digital Business Transformation ToT and Digital SME Capacity Building, and operating five specialized chapters covering Infrastructure, Software, Digital Services, Education & Training, and Digital Trust segments of the ICT ecosystem.

Product overview

FITIS - Federation of Information Technology Industry Sri Lanka is an apex body representing the ICT industry in Sri Lanka, established in 1996. It operates as a membership-based organization offering advocacy, networking, training, and business matchmaking services rather than a unified software product. The organization is structured through five specialized chapters (Infrastructure, Software, Digital Services, Education & Training, Digital Trust) that address different facets of the ICT ecosystem. Membership tiers include Full Member, Associate Member, Premier Corporate Partner, and Corporate Partner categories. Key programs include the Young Computer Scientist (YCS) Competition for students, the FITIS Cricket 6's industry networking event, Digital SME Capacity Building programs, and participation in international platforms like ASOCIO and APICTA awards. The organization does not offer a traditional software product or SaaS platform.

Differentiator

Problem solved

Functional benefit

Named customers9 records

Segments5 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

24 partnerships are on record, tiered core and minor.

• Ministry of Digital EconomycoreStrategic or Co-development PartnerGovernment ministry responsible for digital economy policy; key stakeholder in FITIS government relations and policy advocacy activities.
• Ministry of EducationcoreStrategic or Co-development PartnerGovernment ministry collaborating on ICT education initiatives, including the Young Computer Scientist competition and career guidance programs.
• SL CERTcoreStrategic or Co-development PartnerSri Lanka Computer Emergency Readiness Team; collaboration on cybersecurity initiatives and digital trust chapter activities.
• Export Development Board (EDB)coreStrategic or Co-development PartnerGovernment agency supporting ICT export promotion; partner in facilitating international market access for Sri Lankan tech companies.
• Industrial Development Board (IDB)coreStrategic or Co-development PartnerGovernment board collaborating on Industry Digital Academy programs for SME digital transformation and rural entrepreneurship development.
• Information Communication Technology Agency (ICTA)coreStrategic or Co-development PartnerGovernment ICT agency working with FITIS on national digital transformation priorities and digital economy development.
• ISACA Sri Lanka ChaptercoreStrategic or Co-development PartnerProfessional association for IS audit, control, security and governance professionals; integrated as FITIS Digital Trust Chapter.
• BCS, The Chartered Institute for ITminorStrategic or Co-development PartnerUK-based chartered institute for IT professionals; industry partnership for professional development and standards.
• ACCA - Association of Chartered Certified AccountantsminorStrategic or Co-development PartnerGlobal professional accounting body; industry partnership supporting finance and technology convergence.
• The Computer Society of Sri Lanka (CSSL)minorStrategic or Co-development PartnerLong-standing professional computing society in Sri Lanka; collaboration on industry events and professional activities.
• Ceylon Chamber of CommerceminorStrategic or Co-development PartnerPremier chamber of commerce in Sri Lanka; partnership for business networking and SME support programs.
• National Chamber of Commerce of Sri LankaminorStrategic or Co-development PartnerNational chamber collaborating on SME digital capacity building programs and business development initiatives.
• SLASSCOMminorStrategic or Co-development PartnerSri Lanka Association of Software and Services Companies; collaboration on software industry promotion and export.
• AICPA & CIMA Sri LankaminorStrategic or Co-development PartnerProfessional accounting bodies partnership supporting finance technology and digital transformation.
• Distance Learning Centre (DLC)minorStrategic or Co-development PartnerEducational institution partnership supporting ICT training and distance learning programs.
• Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL)minorStrategic or Co-development PartnerUmbrella federation of chambers; partnership for broader business community engagement.
• Schoolnet India LimitedminorStrategic or Co-development PartnerPremium corporate partner providing educational technology solutions.
• ESOFT UNI (PVT) LTDcoreStrategic or Co-development PartnerStrategic partner for Young Computer Scientist competition; collaboration partner for education events and student programs.
• LankaPay (Pvt) LtdminorStrategic or Co-development PartnerNational payment network operator; knowledge partner for digital payments and fintech programs.
• LK Domain RegistryminorStrategic or Co-development PartnerNational domain registry for .lk domains; collaboration on internet infrastructure and digital identity initiatives.
• ASOCIOcoreStrategic or Co-development PartnerAsia Pacific Informatics and Communications Technology multilaterals organization; FITIS participates in ASOCIO awards, summits, and regional collaboration.
• APICTAcoreStrategic or Co-development PartnerAsia Pacific ICT Alliance; regional network providing international visibility and awards opportunities for Sri Lankan ICT companies.
• National Procurement CommissionminorStrategic or Co-development PartnerGovernment body providing resource persons for tender and bidding upskilling programs for FITIS members.
• FromSriLanka.comminorGTM or Marketing PartnerPlatform partnership providing FITIS members free subscription for global market access and international buyer connections.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• CompTIA: CompTIA is a global technology-industry association known for workforce skills, certification, advocacy, and member networking. It is a broad incumbent comparable to FITIS's education, professional-development, and industry-representation activities, although it operates at a much larger geographic scale.
• Federation of Chambers of Commerce and Industry of Sri Lanka: The Federation of Chambers of Commerce and Industry of Sri Lanka is an umbrella business-association federation. It is comparable to FITIS in its membership, advocacy, networking, and SME-support model, although it covers a broader set of industries.
• Ceylon Chamber of Commerce: The Ceylon Chamber of Commerce is a national business chamber providing member services, policy representation, events, and business-development programs. It is a relevant broader incumbent for FITIS because both monetize organizational membership while connecting companies, government, and international partners.

Others

• ISACA: ISACA is a global professional association for information-systems audit, security, governance, and risk practitioners. It is adjacent to FITIS's Digital Trust chapter and comparable in offering professional development, certifications, chapters, and specialized ICT community engagement.

Regional players

• ASOCIO: ASOCIO is an Asia-Pacific regional industry association for information and communications technology businesses and organizations. It is comparable to FITIS through its federation model, cross-border industry representation, awards, summits, and regional market-access activities.
• APICTA: APICTA is an Asia-Pacific ICT alliance that links technology organizations, companies, and professionals through industry collaboration and awards. It is comparable to FITIS's international networking, APICTA participation, and role in recognizing ICT innovation.
• SGTech: SGTech is a Singapore technology industry association focused on digital transformation, innovation, talent, and member growth. It is comparable to FITIS as a national federation convening technology companies and providing advocacy, networking, and ecosystem-development programs.
• NASSCOM: NASSCOM is India's national industry association for technology and business-process services. It is a strong regional analogue to FITIS because it represents ICT companies, supports exports and talent, engages government, and operates a broad member and events ecosystem.

Direct peers

• SLASSCOM: SLASSCOM is Sri Lanka's national industry body for software and services companies. It is directly comparable to FITIS because both represent technology companies, promote exports and industry growth, and provide networking, advocacy, and talent-development platforms.
• The Computer Society of Sri Lanka: The Computer Society of Sri Lanka is a Sri Lankan professional computing organization that serves ICT practitioners through events, professional development, and industry representation. It overlaps with FITIS's professional networking, education, and technology-community activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/fitis.lk
• LinkedInlinkedin.com/company/fitis-lk

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 FITIS - Federation of Information Technology Industry Sri Lanka