99x expands global footprint highlighting strategic growth

Monday, 24 June 2024 00:10 -     - {{hitsCtrl.values.hits}}

From left: 99x Group Norway Group CEO Odd-Sverre Ostlie, Seeds Consulting Norway CEO Eiliv Meehle Liljevik, 99x Technology CEO Hasith Yaggahavita, Nextly Brazil CEO Thiers Santos, Cleverti Portugal CEO Carlos Coutinho Silva and 99x Group Norway CFO Trygve Moe 

– Pic by Sameera Wijesinghe  


By Darshana Abayasingha


99x, a global product engineering company, last week hosted a high-profile roundtable discussion titled ‘Poised for Growth in Europe and Americas’ at their office premises in Colombo bringing together 99x’s industry leaders from Norway, Portugal, Brazil, and Sri Lanka.

The attendees included 99x Group Norway CEO Odd-Sverre Ostlie, CFO Trygve Moe, Cleverti Portugal CEO Carlos Coutinho Silva, Nextly Brazil CEO Thiers Santos, Seeds Consulting Norway CEO Eiliv Mæhle Liljevik and 99x Technology CEO Hasith Yaggahavita which operates in Norway, Malaysia, Brazil, and Sri Lanka.

During the discussion, the 99x team detailed that demand still outdoes supply of software developers, and therefore it has become imperative for service providers to expand globally to boost resources and output. They noted the quality of talent coming out of Sri Lanka is world-class and presents significant advantages to global clientele. 99x said there are a number of other acquisitions in the pipeline, and said a degree of convergence and consolidation will take place to serve global requirements.

The event provided a platform to discuss collaborative efforts within the 99x Group, with a focus on expanding geographic reach, enhancing service breadth, and leveraging global talent to drive innovation and customer satisfaction. Additionally, the discussions highlighted the rapid growth 99x has experienced following substantial investments in innovative strategies. These investments have not only attracted foreign capital to the country but also positioned 99x as a company committed to acquisition-led growth.

99x Group CEO Odd-Sverre Ostlie reflected on the company’s growth trajectory by stating: “The 99x group has grown both in geographical coverage and service offerings over the past few years. Our services now include product engineering teams, digital solutions and offshore services both in Europe and the Americas. We are committed to leveraging our global expertise to deliver innovative solutions to our clients, ensuring that we stay ahead of industry trends and meet the evolving needs of the market. The expansion of our geographical presence allows us to tap into diverse pools of talent and foster stronger relationships with our clients worldwide.”

99x Technology CEO Hasith Yaggahavita, highlighted the company’s ongoing investment in Sri Lanka, emphasising the depth of talent and skills available in the region. He stated that despite the high competitiveness of our markets, the company will continue to enhance value addition through the capabilities and tools provided to customers.

 

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