Trivandrum, also known as Thiruvananthapuram, is the capital city of Kerala, India, celebrated for its cultural legacy and breathtaking scenery. It has rapidly evolved into a burgeoning Information Technology (IT) nucleus, drawing businesses and tech experts alike. The city hosts a diverse array of industries, fostering a thriving corporate landscape. This dynamic has fostered a symbiotic rapport with the real estate sector, with developments tailored to meet the demands of a burgeoning business community. Trivandrum’s allure lies in its fusion of tradition and innovation, making it an enticing prospect for enterprises and professionals seeking growth and prosperity.
See also: Top companies in Kerala
Business landscape in Trivandrum
Trivandrum has a varied economic environment that flourishes in a variety of areas. IT businesses are a significant pillar, with major tech firms establishing a presence at Technopark and Infopark. Furthermore, the city boasts a succeeding healthcare industry, including famous hospitals and medical research facilities. Another expanding area is education, which is home to major universities and research institutes. Tourism abounds in the region because of its scenic beauty and cultural diversity. Trivandrum is also a commercial hub with a large retail and industrial industry. This diverse range of sectors demonstrates the city’s adaptability and durability, enabling economic development and affluence.
List of top IT companies in Trivandrum
TCS
Company Type: Indian MNC
Location: TCS Peepul Park, Technopark Campus, Thiruvananthapuram, Kerala-695581
Founded in: 1997
TCS, a subsidiary of the Tata Group, is a prominent provider of IT services, consulting, and business solutions. The organisation has a strong presence in Trivandrum and makes major contributions to the local IT environment.
Infosys
Company Type: Public
Location: Plot No. 1 Attipara Village, Technopark Campus, II, Thiruvananthapuram, Kerala-695583
Founded in: 2004
Infosys, a global leader in consulting, technology, and outsourcing solutions, has a strong foothold in Trivandrum. It has one of the city’s largest campuses. It plays a crucial role in delivering innovative solutions and services to clients worldwide, contributing to the company’s technological excellence.
UST Global
Company Type: Private
Location: TechnoPark Phase II, Service Road, Kulathoor, Thiruvananthapuram, Kerala-695583
Founded in: 1999
UST Global is a global provider of digital transformation solutions based in Aliso Viejo, California. It has a significant presence in Trivandrum and is one of the region’s top employers. UST Global offers digital, technology, consulting, and operational services.
Oracle
Company Type: Private
Location: Carnival, No-71, Technopark Campus, Kazhakkoottam, Thiruvananthapuram,-Kerala 695581
Founded in: 2011
Oracle is a well-known software development hub in the city. The company, which is part of the global tech giant Oracle Corporation, specialises in cutting-edge software solutions, cloud services, and novel technologies, significantly contributing to Oracle’s worldwide product ecosystem.
NeST Group
Company Type: Private
Location: Technopark Trivandrum, Periyar, A-3, Thiruvananthapuram, Kerala-695581
Founded in: 1991
Specialising in software development and IT services, NeST Group has a reputation for delivering cutting-edge solutions to clients worldwide. With a dedicated team of experts, the company is committed to driving technological excellence and business growth.
Allianz Technology
Company Type: Public
Location: Technopark Trivandrum, Carnival, 3rd Floor, Building, Thiruvananthapuram, Kerala-695581
Founded in: 1890
Allianz Technology is the worldwide technology-focused division of Allianz, a significant insurance and financial services organisation. It has a substantial presence in Trivandrum, where it focuses on providing IT solutions to the insurance business.
IBS Software
Company Type: Private
Location: IBS Campus, Technopark Campus, Trivandrum, Kerala-695581
Founded in: 1997
IBS Software is a leading global provider of IT solutions for the transport and logistics sector, with its headquarters in Trivandrum. The company offers cutting-edge services and products that support effective and sustainable operations for airports, airlines, and logistics firms all over the world.
QuEST Global
Company Type: Private
Location: Plot No.73 & 74, Quest Towers, Technopark Campus, Karyavattom, Thiruvananthapuram, Kerala-695581
Founded in: 1997
QuEST Global, a multinational engineering and manufacturing solutions company, has its roots in Trivandrum. It provides engineering services across industries like aerospace, automotive, and healthcare, contributing to the city’s technological prowess.
Flytxt
Company Type: Private
Location: 7th Floor, Carnival, Technopark, Technopark Campus, Thiruvananthapuram, Kerala-695581
Founded in: 2008
Located in Trivandrum, it leverages AI and analytics to help businesses across industries enhance customer experience, drive loyalty, and achieve marketing goals. Flytxt’s innovative solutions have earned it a prominent position in the global market.
Envestnet Yodlee
Company Type: Public
Location: HV4J+RCC, Technopark Campus, Kazhakkoottam, Thiruvananthapuram, Kerala-695581
Founded in: 1999
Envestnet Yodlee, a leading data aggregation and analytics platform, has a development centre in Trivandrum. Its innovative fintech solutions have had a substantial influence on the financial technology sector.
Commercial real estate demand in Trivandrum
Office space: Trivandrum’s booming IT and other businesses have raised the demand for sufficient office space to house their growing workforce. The demand for commercial real estate has increased as an outcome, leading to the development of contemporary office buildings and business parks across the city. This contagious impact has accelerated the growth and improvement of Trivandrum’s neighbouring areas in addition to supporting it.
Rental property: The rental property market in Trivandrum has been greatly strengthened by the presence of IT companies. Property owners now understand the benefits of a steady demand for commercial real estate, which has increased competition for rental space and raised the value of properties.
In the real estate market, there is a notable surge of interest among developers in mixed-use projects that seamlessly integrate residential, commercial, and retail spaces—a relatively new trend. This emerging approach effectively caters to the requirements of both corporate entities and the local populace, culminating in vibrant, self-sustaining communities.
Impact of IT companies in Trivandrum
The IT industry’s presence in Trivandrum has undeniably transformed the city’s real estate landscape. With an influx of IT firms and their workforce, the demand for commercial spaces has soared. This has led to competitive rental rates, increased property values, and the emergence of modern office complexes. These shifts have not only bolstered the real estate sector but have also contributed to the overall growth and vibrancy of Trivandrum as a thriving urban centre.
FAQs
With more than 486 companies, the technopark is spread across 766.86 acres of land.
Trivandrum has the largest number of IT companies in Kerala.
TCS has secured the position of being the top IT company in India.
Trivandrum is known as the Silicon Valley of Kerala due to its flourishing IT sector.
While software development is a significant aspect, Trivandrum's IT sector also encompasses IT consulting, cybersecurity, and other tech services.
The government has policies to encourage innovation, including subsidies and grants.
Yes, many IT businesses in Trivandrum have an emphasis on sustainability and environmentally friendly practices.
Yes, Trivandrum hosts various tech events and meetups to foster networking and knowledge sharing. How many IT companies are there in Technopark Trivandrum?
Which city has more IT companies in Kerala?
Which is India’s No.1 IT company?
What is the significance of the IT industry in Trivandrum?
Is Trivandrum primarily focused on software development?
Are there any government policies promoting IT innovation in Trivandrum?
Is Trivandrum's IT sector environmentally friendly?
Are there networking events and tech meetups in Trivandrum?
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Priya Banerjee, a writer with a keen eye on the property market, she deciphers the ever-changing trends in residential real estate. Priya excels at simplifying complex real estate terms, making them easy for everyone to understand. Her well-researched advice helps buyers and investors understand complex topics.
