The IT industry in Bangladesh has grown significantly over the past 20 years, transitioning from primarily hardware vendors to over 320 registered software and IT services firms. This growth indicates an expansion of local IT skills and talent, giving global customers more confidence. While the IT sector still faces challenges like limited investment and infrastructure issues, it contributes over $350 million annually to the economy and plays a key role in Bangladesh's goal of becoming a digital country. Areas like mobile app development, freelancing, online banking, e-commerce, and networking have helped advance Bangladesh's emerging IT industry. With continued government support and addressing obstacles, the sector is poised to continue growing as a driver of the economy and career opportunities.
Information technology (IT) is the application of computers to store, study, retrieve, transmit, and manipulate data, or information, often in the context of a business or other enterprise. IT is considered a subset of information and communications technology (ICT).
Information technology (IT) is the application of computers to store, study, retrieve, transmit, and manipulate data, or information, often in the context of a business or other enterprise. IT is considered a subset of information and communications technology (ICT).
E commerce is the word ruling the business since the last few decades. Thousands of businesses have moved online to utilize the potential of the Internet for reaching a wider audience. Further, this translates into an additional revenue stream that gets you an increased ROI Return On Investment with less investment cost and time. Today, e commerce has enveloped our lives in such a way that it has become a necessity rather than a passion. From the business perspective, it comes ahead as a massive opportunity and even established brick and mortar brands are exploring this territory today. The rural e commerce market in India has the potential to be at $10 billion to $12 billion in the next four years on the back of increasing internet penetration, rising household income and the government's push on digital in rural areas, said a report from market research firm EY India. "Effective use of vernacular languages and assisted commerce will help drive the large rural online opportunity for e commerce firms looking to accelerate growth beyond the favorable industry metrics Dr. Vijayant Kumar "Revolution of E-Commerce in Rural Market" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd26782.pdfPaper URL: https://www.ijtsrd.com/management/marketing/26782/revolution-of-e-commerce-in-rural-market/dr-vijayant-kumar
What animates us? Why do we do what we do? What sets us apart? Why are we a force for good? These are some questions that we tackle in this Annual Letter.
Problem solvers, responsible builders of companies, communities and ecosystems are the foundation for progress and growth of any nation. What drives all of them is a sense of challenge, ownership of problems, allegiance to autonomy, demonstration of personal accountability and the thrill of finding a solution. This energy is fueling a growing product movement in India. iSPIRT is proud to be part of this movement.
Globally internet has changed the way in which businesses were performed traditionally. Developed countries have benefited from implementing e-commerce. But, in case of emerging economies like India the adoption of e-commerce has been very slow due to challenges posed by a number of barriers. In India, though the large corporations have adopted e-commerce and successfully explored the business opportunities, the small and medium enterprises (SMEs) are yet to benefit from adopting e-commerce. This presentation reflects on the barriers that the SMEs face in India in process of adoption of e-commerce. It analyses both the external and internal factors that affect the adoption of e-commerce. In the end recommendations are also mentioned.
India needs a strategic view on Data. This presentations outlines the triple threat represented by Data Domination : Privacy, Data Colonization and winner-take-all. It also explains why India has a unique opportunity to leapfrog the rest of the world and establish a Data Democracy
iSPIRT Balloon Volunteering Open House Session #4 - Opportunities in Technolo...ProductNation/iSPIRT
In this fourth Open House Session, we have Dr Pramod Varma, Chief Architect - Aadhaar & India Stack, giving you an insight into what it takes to volunteer in iSPIRT. He describes our design principles for building digital public infrastructure and gives you a peek into the thought process of an architect in iSPIRT. Finally, he breaks down how we are redefining the approach towards solving societal problems. We are playground builders. We orchestrate or create a playground so that market players can bring out an array of solutions.
iSPIRT is addressing solvability. We have a multi-decade horizon as a mission-oriented volunteer-based Think-and-Do-Tank.
As part of this session, we have our volunteers explaining the technical challenges you can embrace as new volunteers. The problems that we are tackling require a thought process that is new and innovative. We use cutting-edge technology.
In addition to the new technical volunteering opportunities outlined in this session, other policy-related and ecosystem-building volunteer options also exist. Apply now on https://volunteers.ispirt.in
Do visit: https://youtu.be/KZngoIy-hZ0 to watch the recording of the fourth open house session on Youtube.
Though, data science, artificial intelligence and machine learning are the new buzz words in the city, information has it that the foundation of data economy in Ibadan was laid in 1963. In this report, we examine the skills and knowledge acquisition of emerging data scientists in the city with a view to revealing how the acquisition has impacted private businesses and public establishments, and project into the future of data economy and science.
Liberalization, globalization and privatisation in India, since 1991 opened up new markets, new products and efficient delivery channels for the banking industry. The development and the increasing progress experienced in the Information and Communication Technology coupled with the expansion of the global economy paved the way for the transformation of the Indian banking from traditional trade financing to mobilizing and channelling financial resources more effectively in almost all facets of life. Intense competitive environment, changing business environments, globalization and the advancement of ICT are the important factors that have forced Banking and Financial services to change. Introduction of technology in banking sector has enabled customers to avail the banking services at anytime and anywhere in the form of ATM, Mobile banking, and Internet Banking. Banks today operate in a highly globalized, liberalized, privatized and a competitive environment. In order to survive in this environment banks have introduced electronic banking. With the use of technology there had been an increase in penetration, productivity and efficiency. It has not only increased the cost effectiveness but also has helped in making small value transactions viable. It also enhances choices, creates new markets, and improves productivity and efficiency. It has been noticed that financial markets have turned into a buyer‘s markets in India. Dr. Ajoy S Joseph | Mrs. Mallika "E Banking in India – A Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42330.pdf Paper URL: https://www.ijtsrd.commanagement/other/42330/e-banking-in-india-–-a-study/dr-ajoy-s-joseph
Top 5 ICT issues identified by iCIO for Indonesia to address to in order to better drive economic growth. Presented to Minister of Information nd Communications. Detailed report and recommendations are available.
Electronic governance or e-governance is the application of information and communication technology (ICT) for delivering government services, exchange of information, communication transactions, integration of various stand-alone systems and services between government-to-citizen (G2C), government-to-business (G2B), government-to-government (G2G) , government-to-employees (G2E) as well as back office processes and interactions within the entire government framework.
E commerce is the word ruling the business since the last few decades. Thousands of businesses have moved online to utilize the potential of the Internet for reaching a wider audience. Further, this translates into an additional revenue stream that gets you an increased ROI Return On Investment with less investment cost and time. Today, e commerce has enveloped our lives in such a way that it has become a necessity rather than a passion. From the business perspective, it comes ahead as a massive opportunity and even established brick and mortar brands are exploring this territory today. The rural e commerce market in India has the potential to be at $10 billion to $12 billion in the next four years on the back of increasing internet penetration, rising household income and the government's push on digital in rural areas, said a report from market research firm EY India. "Effective use of vernacular languages and assisted commerce will help drive the large rural online opportunity for e commerce firms looking to accelerate growth beyond the favorable industry metrics Dr. Vijayant Kumar "Revolution of E-Commerce in Rural Market" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd26782.pdfPaper URL: https://www.ijtsrd.com/management/marketing/26782/revolution-of-e-commerce-in-rural-market/dr-vijayant-kumar
What animates us? Why do we do what we do? What sets us apart? Why are we a force for good? These are some questions that we tackle in this Annual Letter.
Problem solvers, responsible builders of companies, communities and ecosystems are the foundation for progress and growth of any nation. What drives all of them is a sense of challenge, ownership of problems, allegiance to autonomy, demonstration of personal accountability and the thrill of finding a solution. This energy is fueling a growing product movement in India. iSPIRT is proud to be part of this movement.
Globally internet has changed the way in which businesses were performed traditionally. Developed countries have benefited from implementing e-commerce. But, in case of emerging economies like India the adoption of e-commerce has been very slow due to challenges posed by a number of barriers. In India, though the large corporations have adopted e-commerce and successfully explored the business opportunities, the small and medium enterprises (SMEs) are yet to benefit from adopting e-commerce. This presentation reflects on the barriers that the SMEs face in India in process of adoption of e-commerce. It analyses both the external and internal factors that affect the adoption of e-commerce. In the end recommendations are also mentioned.
India needs a strategic view on Data. This presentations outlines the triple threat represented by Data Domination : Privacy, Data Colonization and winner-take-all. It also explains why India has a unique opportunity to leapfrog the rest of the world and establish a Data Democracy
iSPIRT Balloon Volunteering Open House Session #4 - Opportunities in Technolo...ProductNation/iSPIRT
In this fourth Open House Session, we have Dr Pramod Varma, Chief Architect - Aadhaar & India Stack, giving you an insight into what it takes to volunteer in iSPIRT. He describes our design principles for building digital public infrastructure and gives you a peek into the thought process of an architect in iSPIRT. Finally, he breaks down how we are redefining the approach towards solving societal problems. We are playground builders. We orchestrate or create a playground so that market players can bring out an array of solutions.
iSPIRT is addressing solvability. We have a multi-decade horizon as a mission-oriented volunteer-based Think-and-Do-Tank.
As part of this session, we have our volunteers explaining the technical challenges you can embrace as new volunteers. The problems that we are tackling require a thought process that is new and innovative. We use cutting-edge technology.
In addition to the new technical volunteering opportunities outlined in this session, other policy-related and ecosystem-building volunteer options also exist. Apply now on https://volunteers.ispirt.in
Do visit: https://youtu.be/KZngoIy-hZ0 to watch the recording of the fourth open house session on Youtube.
Though, data science, artificial intelligence and machine learning are the new buzz words in the city, information has it that the foundation of data economy in Ibadan was laid in 1963. In this report, we examine the skills and knowledge acquisition of emerging data scientists in the city with a view to revealing how the acquisition has impacted private businesses and public establishments, and project into the future of data economy and science.
Liberalization, globalization and privatisation in India, since 1991 opened up new markets, new products and efficient delivery channels for the banking industry. The development and the increasing progress experienced in the Information and Communication Technology coupled with the expansion of the global economy paved the way for the transformation of the Indian banking from traditional trade financing to mobilizing and channelling financial resources more effectively in almost all facets of life. Intense competitive environment, changing business environments, globalization and the advancement of ICT are the important factors that have forced Banking and Financial services to change. Introduction of technology in banking sector has enabled customers to avail the banking services at anytime and anywhere in the form of ATM, Mobile banking, and Internet Banking. Banks today operate in a highly globalized, liberalized, privatized and a competitive environment. In order to survive in this environment banks have introduced electronic banking. With the use of technology there had been an increase in penetration, productivity and efficiency. It has not only increased the cost effectiveness but also has helped in making small value transactions viable. It also enhances choices, creates new markets, and improves productivity and efficiency. It has been noticed that financial markets have turned into a buyer‘s markets in India. Dr. Ajoy S Joseph | Mrs. Mallika "E Banking in India – A Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42330.pdf Paper URL: https://www.ijtsrd.commanagement/other/42330/e-banking-in-india-–-a-study/dr-ajoy-s-joseph
Top 5 ICT issues identified by iCIO for Indonesia to address to in order to better drive economic growth. Presented to Minister of Information nd Communications. Detailed report and recommendations are available.
Electronic governance or e-governance is the application of information and communication technology (ICT) for delivering government services, exchange of information, communication transactions, integration of various stand-alone systems and services between government-to-citizen (G2C), government-to-business (G2B), government-to-government (G2G) , government-to-employees (G2E) as well as back office processes and interactions within the entire government framework.
The business development plan is basically designed to establish a new company as an entrepreneur. In this regard, it is required that a detailed business proposal plan is made to analyze the possibility in upcoming future. Hence, company plan can be defined as a proper outline of vision undertaken by businessman followed by narration of operations and strategies that are to be taken to complete the venture. Thus, creation of a detailed business plan helps to offset the cost factors. It thus enables the owners and managers of company to give a thought about industry broadly. It also helps to discuss the business objectives to employees and lays path for future decision making (Bangs, 2002).
It is a business development proposal, designed for establishing a new venture as an entrepreneur. A new venture needs to have a detailed business proposal plan. This business proposal plan is a prescribed expression of the entrepreneurial vision along with description regarding the operations and strategy of the proposed endeavor. The main advantages of writing a detailed business plan is the offsetting the costs. Business plan enables the top management and executives in the firm to ponder about the business comprehensively, to converse the business objectives to personnel, to include a decision making base and to smooth the progress of the planning (George and Bock, 2012).
The information technology (IT) sector of India is a very big one, which includes IT services, outsourcing, consulting, and e-commerce services, among others. The growth of the country’s IT industry started picking up in the early 90s, following the 1991 liberalization policies of the Indian Government. And, this particular growth has simply been phenomenal during the course of the preceding twenty years.
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Siddharth Mehta talks about digitalizationTilak Verma
Siddharth Mehta IL&FS Former Director and currently Founder and CIO of Bay Capital believes that "Businesses will need to think 'digital' if they are to compete and grow over the next decade."
Our core businesses are network infrastructure and data center development. We cater our services
to the following industries: telecom, e-government, banking, education, security, e-commerce,
fintech, network and ICT management.
This slide represents the ICT industry problems in Bangladesh.
this slide is a part of the academic course of "Bangladesh Studies" GED201 from Daffodil International University.
Fall 2019.
The 10 accelerators of broadband growth for digital indiaMerry D'souza
Entrepreneurship is going to cover major era in broadband services who help to make the growth of digital India and hence Insights Success firm found the top 10 business accelerators that are responsible for cover digital India in broadband services.
Prospective factors to involve in different e business models in bangladeshRizwan Rebate
Many Bangladeshi companies currently distribute their images through the Internet to clients all over the world, but the monetary transactions take place through conventional means. Some companies put messages on bulletin board, on ' internet yellow pages' with email links, and sometimes web pages, but there never is a place to submit a credit card. This is because currently the government does not permit credit card charges over the internet. However, the ISPs in Bangladesh do have the technology for e-business, e-business and are anticipating governmental approval in near future. In this circumstances, prospective factors will gain advantages for companies before involving in e-business. We have identified few questions to be answered-
1) What are different e-business models in Bangladesh?
2) What are the benefits behind involving in e-business in Bangladesh?
3) What are the prospects in current e-business models in Bangladesh?
Databases are constantly expanding, and they can potentially bring in greater revenue, increase efficiency and reduce operational costs. With the right data, businesses are able to reach their customers on a more personalized level, provided with the proper extraction of relevant insights.
Despite things rapidly shifting online, data-driven success is not easy to achieve. Most times, lack of data skills and talents become a barrier for businesses to understand and analyse these valuable data and information.
Presentation on digital technology project in india.
Entrepreneurship & IT Industry in Bangladesh
1. Entrepreneurship & IT Industry in Bangladesh
Every year a large number of young people complete their graduations from different
Universities and Colleges. From them a large amount of students start business as a fresh
Entrepreneur. But a little number of entrepreneurs start their business with IT (Information
Technology) related Industry. For this vital reason the IT industry of our country is not strong
that we expect. But if we see our past we can say the present IT Sector of Our Country is
Stronger than before. Now IT business is the most popular business in the world. If we see
developed countries we understand their IT sector is very strong. So they earn a lot from the IT
industry. We know the world biggest rich man Bill gates who is the founder of Microsoft in
United State of America. He started his business as an IT Entrepreneur. Beside Microsoft a good
number of IT Companies play a great role to change the world such as Intel, Apple and IBM etc.
Finland, Singapore, Sweden, Netherland, Norway, Switzerland, USA, Japan which have the best
digital IT infrastructure in the world. IT industry of our country offers us Software Solution
Network Solution and Hardware solution. There are different Software Companies in our
country. They serve banking software, office management software and Mobile application
software etc. Now Bangladeshi Mobile Developers develops quality Apps for Different mobile platform
such as Android,IOS,java and Windows. Our developers now create different kind of games for
Computer and Mobile. It is a matter of great glory of us that Our Software sells Outside of our country.
“The information Technology industry in Bangladesh has gradually come of age and today
accounts for more than Taka 25 billion or USD350 million in annual revenues. Twenty years ago
the IT industry was predominantly a hardware vendors market with little or no value addition
locally. Today more than 320 software and IT services firms registered as members of the
Bangladesh Association of Software and Information Services (BASIS)
2. The growth in BASIS membership is significant for the IT industry for a number of reasons:
a) It indicates a deepening of the IT skills available locally
b) It manifests growing confidence of global and local buyers on local IT talent
c) It marks a clear departure from the traditional entrepreneurship model based on physical-
labor-intensive production industries.”
3. Bangladesh government has declared that Bangladesh is going to be a “Digital
Bangladesh”. To make Bangladesh Digital government has taken different kinds of
projects. There are different kinds of IT sectors who are working for the developing a
Digital Bangladesh. Basically it is not possible to make Bangladesh Digital without
developing IT sector. In Bangladesh now we are using 3G network some people in some
fixed area. This is one of the big obstacles to develop a good network. First we have to
make a good communication medium with all the people using internet or any wireless
medium. The network speed is not satisfactory in the rural area of our country. The
network bandwidth is not also satisfactory. On the other hand Internet Charge is high for
all class of people of our country. This is why most of the village people cannot use
internet. To make a good IT market first we have to all aware of the benefit of the IT.
Common people of our country are not aware of IT. If we can use our IT to all our daily
activities, we will be successful and our IT market will be stronger that we expect. There
is big problem that our investors are not very eager to invest money in this Sector. That is
why the number of IT Industry in our country is less than developed countries. A big
amount of revenue comes from freelancing and outsourcing. A good number of
freelancers work on oDesk and Elance. oDesk and Elance are most popular outsourcing
website. Our young people work on oDesk and Elance and they earn money from online
work place. They work on data entry, graphics design, web development, Software
development etc. But to withdraw money policy is not satisfactory in Bangladesh.
PayPal and other money bearing service are not very good in Bangladesh. So government
should take necessary step to make easy this system.
IT solution makes our life easy and more comfortable. The uses of IT are related to our
day to day life. E-commerce is one kind of solution that is changing our business system.
To buy a product we go to market. But E-commerce or online markets save our times.
Now we can buy different kinds of product from Internet in at home at any time. An
internet user who must have mater card or any supported banking account buy product
from online website. E-commerce now comes to the new system of business in
Bangladesh. Most of the IT developed countries use online market or E-commerce.
Conventional banking process is now going to online banking process where IT is related
mostly. Most of the bank of our country offers different kinds of online banking services.
User can easily check his/her account balance, transfer balance etc services from internet
using mobile or computer. Now different kinds of payment policy have added to our
banking services such as electricity bill, phone bill, insurance bill etc. All banking
services have been produced by Data base software such as SQL, Oracle etc. So in this
case IT has made easier system for bank user and bank executer.
4. The network system has changed the distance. We need not to go to any where to give
message. Now we can easily send text, image, audio and video message to anyone from
anywhere using Internet. There are many network companies in our country. They all are
working for developing our network. A good number of IT experts work in Network
Company. Grameen Phone, Banglalink, Teletalk, Robi, Airtell, Citycell etc are the big
network company in Bangladesh. Now they all offers 3G network for development of
good network in Bangladesh. From the Networking sector Bangladesh earn a lot.
In the conclusion we can say the IT (Information Technology) Industry is growing up in
Bangladesh. Now- a-days a good number of students study in Computer Science and
Engineering and they want to start their carrier as IT developer or developing IT related
Industry. Our government also works for “Digital Bangladesh” that means IT developed
Bangladesh.
Reference: Daily Star News paper.