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ICT Software Industry
Bangladesh
Aleef Muhammad Mushfiq
April 24, 2017
Overview
ICT, or information and communications technology (or technologies), is the
infrastructure and components that enable modern computing.
ICT encompasses both the internet-enabled sphere as well as the mobile one
powered by wireless networks.
Bangladesh and ICT
ICT sector in Bangladesh is
poised for continued
expansion
.
Estimated worth of ICT
sector $600 million and
approximately 250,000
professionals are now
employed in the sector.
The number of internet
users has nearly tripled
from 6.5 percent of the
population in 2013 to
18.2 percent in 2016 and
continues to grow.
03
01 02
Bangladesh’s Competitive Advantages in ICT
Sector
1
Low Labor Cost
2
High programmer
productivity
3
Widespread
knowledge of
English
Software and Software Industry
Bangladesh
Software
Software is a general term for the various kinds
of programs used to operate computers and
related devices.
Software
Application Software Operating Software
Software
Industry
Bangladesh
➔ The government amended
copyright laws for software and
other intellectual properties in
2000
➔ instituted ICT Task Force in 2001
★ 70,000 professionals, mostly IT
graduates, are employed
★ There are over 800 registered
software and ITES companies.
★ The impressive trends in software
exports in recent years played a
deterministic role as well.
Market Analysis
Market Analysis
Total Human
Resource Employed
in the country
30,000+ professionals are
active at the moment in the
country.
3
Revenue of
Software and ITES
industry
Almost 1800 crore (US$
250 million)
2
Enterprise Number
More than 800
approximately.
1
Prospects of Software Industry in
Bangladesh
Freelancing Sector
● Past year it has earned about US $2 million just by freelancing
which make it one of the finest prospects in the software
industry.
Technology in Educational
Institutions
● Schools and Colleges should be provided with enough
technological support, so that, students learn to use the IT from
tender age and make wonders when they are mature enough.
Mobile Applications
● Developing software by trained experts can help building high
quality mobile applications.
Online healthcare and
Government E-solutions
● Software could be developed for these purposes which will be
very efficient for the users. It will be quick and simple
Challenges of Software Industry in
Bangladesh
1
IT in village
VIllagers are
unaware
Hardware
Companies
Not enough
hardware
companies are here
in Bangladesh
2
Price of IT
Products
The price of IT
products is much
higher here in
Bangladesh
3
Electricity
It is a major issue in
our country due to
loadshedding.
4
Lack of practice
There are lot of
software engineers
in our country, but
they lack the
practice because of
lack of scope.
5
Political
Bindings
Due to political
reasons, it is
hampering the
industry.
6
Recommendations to Software Industries
1 To Increase the tax exemption period for software
2 To provide VAT exemption at all stages of software & ITES
business
3 To Allow ITES (Information Technology Enabled
Services) business the same tax exemption benefit
4 To introduce Accelerated Depreciation method in use of
software, software solutions and hardware
ICT Software Industry in Bangladesh

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ICT Software Industry in Bangladesh

  • 1. ICT Software Industry Bangladesh Aleef Muhammad Mushfiq April 24, 2017
  • 2. Overview ICT, or information and communications technology (or technologies), is the infrastructure and components that enable modern computing. ICT encompasses both the internet-enabled sphere as well as the mobile one powered by wireless networks.
  • 3. Bangladesh and ICT ICT sector in Bangladesh is poised for continued expansion . Estimated worth of ICT sector $600 million and approximately 250,000 professionals are now employed in the sector. The number of internet users has nearly tripled from 6.5 percent of the population in 2013 to 18.2 percent in 2016 and continues to grow. 03 01 02
  • 4. Bangladesh’s Competitive Advantages in ICT Sector 1 Low Labor Cost 2 High programmer productivity 3 Widespread knowledge of English
  • 5. Software and Software Industry Bangladesh
  • 6. Software Software is a general term for the various kinds of programs used to operate computers and related devices. Software Application Software Operating Software
  • 7. Software Industry Bangladesh ➔ The government amended copyright laws for software and other intellectual properties in 2000 ➔ instituted ICT Task Force in 2001 ★ 70,000 professionals, mostly IT graduates, are employed ★ There are over 800 registered software and ITES companies. ★ The impressive trends in software exports in recent years played a deterministic role as well.
  • 9. Market Analysis Total Human Resource Employed in the country 30,000+ professionals are active at the moment in the country. 3 Revenue of Software and ITES industry Almost 1800 crore (US$ 250 million) 2 Enterprise Number More than 800 approximately. 1
  • 10. Prospects of Software Industry in Bangladesh Freelancing Sector ● Past year it has earned about US $2 million just by freelancing which make it one of the finest prospects in the software industry. Technology in Educational Institutions ● Schools and Colleges should be provided with enough technological support, so that, students learn to use the IT from tender age and make wonders when they are mature enough. Mobile Applications ● Developing software by trained experts can help building high quality mobile applications. Online healthcare and Government E-solutions ● Software could be developed for these purposes which will be very efficient for the users. It will be quick and simple
  • 11. Challenges of Software Industry in Bangladesh 1 IT in village VIllagers are unaware Hardware Companies Not enough hardware companies are here in Bangladesh 2 Price of IT Products The price of IT products is much higher here in Bangladesh 3 Electricity It is a major issue in our country due to loadshedding. 4 Lack of practice There are lot of software engineers in our country, but they lack the practice because of lack of scope. 5 Political Bindings Due to political reasons, it is hampering the industry. 6
  • 12. Recommendations to Software Industries 1 To Increase the tax exemption period for software 2 To provide VAT exemption at all stages of software & ITES business 3 To Allow ITES (Information Technology Enabled Services) business the same tax exemption benefit 4 To introduce Accelerated Depreciation method in use of software, software solutions and hardware