You may find yourself finding how slow your internet is and how long it takes for your search results to load. But, before the introduction of Technology, individuals would spend hours in a library for a book in need of information.
We live in the “information age,” and information technology has become an integral component of our everyday lives. The study and application of computers and any sort of telecommunications that store, retrieve, study, transmit, alter data, and transfer information is referred to as information technology (IT).
Get an inside look at the top 10 IT companies in Pakistan, their unique approaches to technology solutions, and how they are shaping the industry.
Google recognized Pakistan becoming a “digital-first country” fastly in 2018. Pakistan now has the world’s fourth-largest expanding freelancer market. The country is well-known for software development, business process outsourcing (BPO), and IT-related freelancing.
IT assists businesses in lowering the cost of information and communication while increasing productivity.
Pakistan’s Vision 2025 places a strong focus on the knowledge economy. According to SBP statistics, IT exports increased by 29.26 percent from July to March of FY2022 to $1.948 billion, up from $1.5 billion in the same period the previous year.
Innovation is a fundamental engine of growth in this sector. They invest substantially in R&D to remain ahead of the competition and provide new and inventive solutions to their consumers.
The IT sector has a bright future since it is teeming with talent and has the potential to become the country’s largest export business.
Already, the IT business is one of the country’s top five net exporters. Pakistan’s IT sector is currently well-established for outsourcing and investment in the global IT industry.
The year 2020 had the highest number of IT business registrations, with 2,826 firms registered with SECP, compared to 395 in 2014.
Pakistan’s tech industry is thriving, and these top 10 IT companies are leading the way. Discover who they are and what they do in our comprehensive guide. Here is the list of the top 10 IT companies in Pakistan based on their products, service, Revenue, and popularity.
Top 10 IT companies in Pakistan
1. IBM Pakistan
Company profile
IBM, also known as International Business Machines Corporation, It is a multinational technology company based in Pakistan since 1952. IBM Pakistan has established itself as a leading provider of IT solutions and services in the country over the years.
Service
IBM Pakistan has played an important role in the development of the country’s IT industry. It is ranked among the top 10 IT companies in Pakistan. With its cutting-edge solutions and services, the company is well-positioned to drive industry innovation and growth in the coming years.
Projects
The National Data Centre, which is designed to provide a centralized platform for hosting government data and applications, is one of IBM Pakistan’s notable projects.
The project has aided in the improvement of the efficiency and effectiveness of government services, as well as the strengthening of the country’s cybersecurity infrastructure.
Revenue
IBM Pakistan’s revenue has steadily increased in recent years. According to the company’s annual report, revenue in Pakistan increased from $123 million in 2018 to $143 million in 2019. The company’s a strong presence in the country, as well as its ability to provide innovative solutions that meet the needs of businesses.
Website
2. Systems Limited
Company profile
Systems Limited is one of Pakistan’s leading IT companies. They offer software development, IT consulting, and BPO services. The corporation has been in operation since 1977 and has offices in Pakistan, the Middle East, the United Kingdom, and the United States.
Service
System Limited provides Enterprise Resource Planning (ERP) software. Businesses may use this to streamline processes, cut costs, and enhance efficiency. System Limited is a software firm that offers IT solutions to a variety of industries, including banking, healthcare, and manufacturing.
Products
Among the products offered by the company are
Enterprise resource planning (ERP) systems
Customer relationship management (CRM) systems
Business intelligence (BI) solutions.
Revenue
In the fiscal year 2020, the company’s revenue was PKR 10.6 billion, a 20% increase compared to the previous year. The company’s shares are listed on the Pakistan Stock Exchange and have been performing well, with a current market capitalization of PKR 45 billion.
Website
3. Netsol Technologies
Company profile
Netsol Technologies is a global provider of IT solutions, including software development, IT consulting, and business process outsourcing (BPO). The company has been in operation since 1995. It has offices in Pakistan, the United States, the United Kingdom, Japan, and Australia.
Service
Netsol Technologies is a software business that specializes in enterprise software for the asset financing market. Among its offerings are lease management systems, loan management systems, and wholesale finance systems.
Inventory management, financial accounting, sales monitoring, and customer relationship management are among the services available.
Products
The Netsole ERP system, a comprehensive tool that allows organizations to manage all of their activities from a single platform, is one of their hallmark products.
Their expert development team can design software that fulfills the unique requirements of any firm, no matter how complicated.
They have also created a number of mobile applications for both the Android and iOS platforms, including an e-commerce app and a meal delivery app.
Revenue
Netsol has increased its revenue by diversifying its product offering and entering new markets. Netsol’s revenue in the fiscal year 2021 was $70.3 million, a 3% increase over the previous year. They are major contributors to the economy of Pakistan and are regarded as the top 10 IT companies in Pakistan.
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Website
4. TRG Pakistan
Company profile
TRG Pakistan is a market leader in outsourcing services such as customer care, technical support, and back-office operations. The company has been in operation since 2002, TRG has offices in Pakistan, the United States, the Philippines, and the United Kingdom.
Service
TRG is a technology firm that offers software solutions to a variety of sectors, including telecommunications, finance, and healthcare.
Products
Among the company’s products are
Customer experience management systems, digital transformation solutions, and IT consulting services.
Laptops, desktops, printers, and servers from prominent manufacturers such as Dell, HP, and Lenovo are among TRG Pakistan’s IT hardware offerings.
Enterprise resource planning (ERP) systems, customer relationship management (CRM) software, and business intelligence (BI) solutions are among their software offerings.
TRG Pakistan also provides state-of-the-art security solutions such as biometric access control systems, surveillance cameras, and intrusion detection systems to ensure the safety and security of its clients.
Their innovative products and services are designed to meet the evolving needs of businesses and organizations across Pakistan.
Revenue
TRG has experienced steady growth over the past few years in terms of revenue and shares. In 2020, the company reported revenue of USD 281 million, up from USD 249 million in 2019. The company’s shares are listed on the Pakistan Stock Exchange, and as of March 2023, they are trading at around PKR 120 per share.
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Website
5. 10 Pearls
10Perals is a digital transformation firm that assists organizations with the power of technology to achieve their objectives. The firm provides a variety of services, such as digital strategy, software development, and user experience design.
10Pearls is a software development firm that focuses on digital transformation, user experience design, and product engineering. The organization has been in operation since 2004 and has offices in Pakistan, the United States, Canada, and Dubai.
Service
10Pearls has worked with customers in a wide range of industries, including healthcare, banking, retail, and education. One of the 10Pearls’ primary strengths is its emphasis on user-centered design. 10Pearls has witnessed growth in terms of revenue and market share. They are considered among the best players in Pakistan.
Products
The “Learning Management System” is another tool that allows corporations to build and administer online learning programs.
Course development, user administration, and analytics are among the capabilities available on the platform.
Revenue
10Pearls, a major digital technology business, earned $56 million in sales in 2021. With a strong emphasis on innovation and client satisfaction, 10Pearls is well-positioned for future success.
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Website
6. Ovex Technologies
Ovex Technologies is a business process outsourcing (BPO) service company specializing in customer care, technical assistance, and back-office operations. The company has been in operation since 2003. They have offices in Pakistan, the United Kingdom, and the United States.
Service
Ovex Technologies is a prominent provider of technological solutions in Pakistan.
The company provides a variety of services, such as software development, mobile application development, and business process outsourcing.
Ovex Technologies has established itself as a valued partner for organizations of all sizes because of its innovative solutions and emphasis on client satisfaction.
Products
It’s software solutions include
Data management, cybersecurity, and project management.
One of their most popular products is their cloud-based data management software, which allows organizations to securely and scalable store, manage, and analyze enormous amounts of data.
Their cybersecurity software delivers superior threat detection and prevention, assisting organizations in protecting themselves from cyber threats.
Project management software is intended to promote cooperation and streamline workflows, making it simpler to complete projects on time and within budget.
Ovex Technologies’ dedication to innovation is one of its primary characteristics. The company invests heavily in research and development and has a team of experienced developers working on new ideas and solutions all the time.
Revenue
Ovex Technologies has grown steadily in terms of revenue and market share over the last few years. The firm recorded sales of PKR 1.15 billion (about USD 7.2 million) in 2020, an increase from PKR 935 million in 2019. The company’s shares are traded on the Pakistan Stock Exchange and are worth roughly PKR 35 per share as of March 2023.
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Website
7. United Sol
Company profile
United Sol is a Pakistan-based software development and IT consultancy organization. Web and mobile application development, bespoke software creation, and digital marketing are all specialties of the firm.
Service
United Sol, is a renowned technology firm that provides a diverse variety of goods to meet the demands of businesses of all sizes.
Products
United Sol provides
UnitedERP is enterprise resource planning software that automates accounting, inventory management, and sales activities.
UnitedHRM is a comprehensive human resource management system that assists organizations in automating various HR functions such as employee recruitment, training, and performance management.
United Sol, continues to provide cutting-edge solutions that drive business growth and efficiency, with a focus on innovation and customer satisfaction. The organization employs a collaborative approach, collaborating with clients to understand their aims and objectives and designing tailored solutions to satisfy their needs.
Revenue
United Sol has grown steadily in terms of sales and market share in recent years. The firm generated sales of PKR 360 million (about USD 2.3 million) in 2020, an increase from PKR 280 million in 2019. The corporation is privately held and its shares are not traded on any stock market.
Website
8. Arpatech Pakistan
Company Profile
Arpatech Pakistan is listed among the top 10 IT companies in Pakistan that provide a diverse range of products and services to clients worldwide. Arpatech, founded in 2003, has emerged as a pioneer in the IT industry, providing cutting-edge solutions to meet the changing needs of businesses.
Service
Web development, mobile app development, software development, e-commerce solutions, digital marketing, and cloud computing are among the IT services provided by the company.
Arpatech employs a highly skilled and experienced team of professionals who work tirelessly to deliver innovative solutions that exceed client expectations.
The company’s dedication to quality and customer satisfaction has earned it a reputation as a reliable IT partner for companies in a variety of industries.
Products
Arpatech provides several products that have become popular among businesses in addition to its services.
TeamStack, the company’s flagship product, is a cloud-based project management tool that helps businesses streamline workflows and collaborate more effectively.
PayHelm, a payment gateway solution, and Invoicera, an online invoicing software, are two of the company’s other products.
Revenue
Arpatech’s revenue has steadily increased over the years as a result of its emphasis on providing high-quality products and services. The company’s annual revenue is estimated to be around $9.6 million. Arpatech’s success can be attributed to its ability to stay technologically ahead of the curve, its commitment to excellence, and its commitment to meeting the needs of its clients.
Website
9. Venture Dive
Venture Dive is one of the popular IT companies in Pakistan. Venture Dive, founded in 2012, focuses on software development, mobile app development, web development, and digital marketing.
Service
Venture Dive services frequently offer useful insights and advice on how to improve revenue sources and boost profitability. This includes market research, product creation, price strategy, and other activities.
Venture capitalists are actively investing in startups that develop cutting-edge solutions as innovative technologies such as artificial intelligence, blockchain, and the Internet of Things proliferate.
These technologies are upending established business paradigms in areas ranging from banking to healthcare to retail.
Products
One of their most popular software products is an innovative project management solution that enables teams to seamlessly interact and manage projects.
Another item is a cybersecurity solution that assists firms in protecting sensitive data and preventing cyberattacks.
For enterprises with specific needs, Venture Drive IT also provides hardware items such as customized servers and storage systems.
They provide cloud-based services that help organizations streamline operations and cut expenses.
Revenue
According to industry analysts, the venture-driven IT sector will earn more than $500 billion in sales by 2022, owing to the continuous rise of cloud computing, data analytics, and cybersecurity.
Website
10. Folio3
Folio3 is a well-known IT company in Pakistan that provides innovative software solutions and products to businesses in a variety of industries.
Folio3 is an information technology firm that focuses on software development, cloud computing, and digital transformation. Folio 3 has over a decade of expertise serving clients in a range of areas, including healthcare, education, and finance.
Service
Cloud-based applications, enterprise solutions, mobile applications, and eCommerce solutions are all part of their product portfolio. Folio3 is a major IT services supplier that specializes in bespoke software development, mobile app development, cloud services, and eCommerce solutions.
Folio3’s income has increased significantly in recent years, owing in part to its emphasis on offering high-quality services that fulfill the demands of its clients.
Products
The firm has also expanded its products to incorporate a variety of modern technologies, such as machine learning and artificial intelligence, which has allowed it to remain at the forefront of the market
Overall, Folio3’s commitment to innovation and client satisfaction has established it as a reliable partner for organizations of all sizes.
“SmartVMI,” a cloud-based inventory management system that helps businesses optimize inventory levels and reduce costs, is one of their most popular products.
“eCart,” another product, is a comprehensive eCommerce platform that allows businesses to create online stores and sell products online.
Folio3’s “FieldAx” mobile application simplifies field service administration for enterprises
“Mobiwork MWS” product provides a comprehensive mobile workforce management solution.
Revenue
In 2021, the firm recorded PKR 2.5 billion in sales, a 25% increase over the previous year. Folio3 strives to expand its position in the local and worldwide markets by focusing on innovation and client satisfaction.
Conclusion
According to Pakistan Vision 2025 and the Digital Strategy of Pakistan 2018, analysts estimate that the ICT business would be worth $20 billion by 2025. From software development to cybersecurity, these are the top 10 IT companies in Pakistan that you need to know about. With the growing dynamics of a knowledge society and knowledge economy, information technology has played an enabling role. It is a critical economic development tool. The role of the top 10 IT companies in the economy of Pakistan is important to generate employment. The IT sector has a bright future. It is teeming with talent and has the potential to become Pakistan’s largest export industry.
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