Page 88 - IBT October 2020
P. 88
Global Chamber
Opportunities &
Threats in Bangladeshi
IT Industry During
COVID-19
long & far to grab the $5.3 Trillion
global market. Additionally, the
By Farzana Afrin Tisha
COVID-19 pandemic has opened a
whole new window of opportunities
for the global IT industry to gain
The Bangladeshi IT Industry is the
most booming sector in recent times considerably.
and for the past five years, the In Asia, India & Vietnam had been
industry has got the thrust for ruling the global IT market while the
becoming the most impactful sector Bangladeshi IT industry has scored a
for the socio-economic development good position by offering a
of our country after the textile, competitive cost with quality
leather, food, fertilizer, and services. Therefore, companies who
pharmaceutical industry. The have already started adopting
Bangladeshi Govt. has taken many advanced technologies like AR/VR,
good initiatives like Tax benefits, ICT Big Data, Artificial Intelligence,
Education & Training programs, etc. Machine Learning, Blockchain &
to help the IT, ITES industry to go Cloud will stay ahead in the global
competition. Over and above, will
sustainably grow and thrive in the
long run.
In Bangladesh, we have a shortage
of highly professional mid-level
managers and top-level managers
that brings a threat to the IT
industry and chiefly, for the IT
startups and mid-size IT firms to
envision the bigger picture and to
cope in the global competition. But
other than that, the companies
having higher adaptability of broad
technology stacks with proper
strategic direction will be able to
stay put in the game. And lots of
opportunities to work with Fintech,
Education, Healthcare, Government
& E-commerce sector will dilate
worldwide.
[Statistics source: The Computing Technology
Industry Association, USA]
Farzana Afrina Tisha is the Head of Marketing,
Brain Station 23 Limited and Advisory Board
Member, Global Chamber Dhaka
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