Bangladesh has been able to attract many IT majors with cheaper resources on rental, infrastructure and adequate human capital. The government has invested in IT sector making Bangladesh more competitive across nations through its visionary project Digital Bangladesh 2021! The government attracts companies in IT, and boasts of 500 IT outsourcing companies registered with Bangladesh.

2. Bangladesh is a nation in South Asia, with a
population of over 163 million people committed to
making a mark in the world as one of the best
destination for IT (InformationTechnology) and
ITES (InformationTechnology Enabled Services)
outsourcing. Its current ruling Government coined the
term ‘Digital Bangladesh’ in 2008, with an aim to
make Bangladesh a leader in IT and ITES services by
2021.The small South Asian nation has been
endorsed by Goldman Sachs, JP Morgan and Gartner
to name a few, for its potential in IT and ITES
service industry.

4. Bangladesh has been able to attract many IT majors
with cheaper resources on rental, infrastructure and
adequate human capital.The government has invested
in IT sector making Bangladesh more competitive
across nations through its visionary project Digital
Bangladesh 2021!The government attracts companies
in IT, and boasts of 500 IT outsourcing companies
registered with Bangladesh.
Even with commitment to development, Bangladesh is
faced with persistent challenges such as inadequate
infrastructure, electricity shortage, and the like. Some
of the major issues are related to the youth, their
education and the acquired skill sets.

6. A quarter (27%) of young Bangladeshis never completed primary
school and do not have the skills they need for work, that is a total of
over 8 million 15- to 24-year-olds in the country.
Less than 50% of teachers are trained.
There are 44 million illiterates in Bangladesh– the fourth highest rate
of any country in the world.
The labor population of Bangladesh is around 77 million, seventh largest country with huge
workforce population, of which only 5% are recorded to be faced with unemployment. However,
about 40% are said to be underemployed with very low wages.

7. Even though ITES in Bangladesh is developing, same
cannot be said about IT as there is urgency for
development of resources such as competitive talent pool,
infrastructure in ICTs. Many outsourcing companies are
investing in Bangladesh, given its competitive prices on
hourly basis. Indian market on an average costs around
USD20 per employee, per hour and USD10- USD15 in
Philippines whereas it is USD8 in Bangladesh.
However for IT majors like Microsoft, Google, IBM, Sony,
Apple and Facebook to enter or expand in Bangladesh,
skill development has to be enhanced by a huge margin.
Gartner has given Bangladesh a "poor" rating in three
critical areas - infrastructure, skills and intellectual
property security.

8. Hence to build talent pool is an ultimate need not
only to currently attract investments but also to
sustain the developments of Digital Bangladesh.The
key is to make best use of the new technologies to
build world-class skills in all areas of study especially
in ICTs, and investing in greater infrastructure and
strengthening IP security is essential.With
government realizing importance of investment in
Cloud, Data Centre, Big Data and IT security which
is crucial for development , in Bangladesh. Growth
and sustainability could be achieved when right
emphasis is given to all three components.

9. Bangladesh is in dire need of training centers that develops
or enhances skills among the youth in various technologies.
Institutes such as Indian Institute of Hardware and
Technology (IIHT) among others are the kind of institutes
that Bangladesh needs. Basically any institute that could
offer rich experience in working with the governments and
individuals of developing nations, where technology
development has become a high priority for the development
of the nation itself. Nations like Liberia, Mozambique have
invested in ventures offered by IIHTTechnologies and the
similar institutes in various technology training and are now
reaping the benefits. Existence of such institute will help a
country like Bangladesh in building talent pool and/or
enhancing skills of existing professionals ensuring a
sustainable development.

10. Corporate Headquarters
#15,Sri Lakshmi Complex, 4th Floor, St. Marks Road, Bangalore - 560 001. India
Tel: 91 80 6160 4545 e-mail: franchise@iihttechnologies.com
web: www.iihttechnologies.com/