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WSO2’s to close FY with USD 80 Mn in ARR from SL, Global operations

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WSO2’s is on track to close its financial year with close to $80 million in Annual Recurring Revenue (ARR) from Sri Lankan and Global operations at an exceptional 30% growth year-on-year (YoY).

WSO2’s strong growth has persisted despite global economic uncertainty. Many organizations 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).

“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 are, standing within the industry”, said Vice president of corporate marketing at WSO2, Radhik Colombage.

Founded in 2005, WSO2 enables thousands of enterprises, including hundreds of the world’s largest corporations, top universities, and governments, to drive their digital transformation journeys executing more than 60 trillion transactions and managing over 1 billion identities annually.

 

Friday, December 23, 2022 – 01:00











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