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Welcome To Our
Presentation
1
2
Md. Safayet Hossain
Submitted to :
SUNJIDA KHAN
Lecturer
Department of
Business Administrator
Daffodil International University (DIU)
3
Economical prospect of IT sector in
Bangladesh.
Presentation
on
4
AL- Nahian Bin Emran
151-15-5195
5
Presentation
Abstract
• 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).
• The IT industry is a relatively new sector in the country's economy. Though it is yet to make tangible
contributions in the national economy, it is an important growth industry.
6
Background of
IT in Bangladesh
• Bangladesh′s ICT industry has been developing slowly over the past
three decades, culminating to hundreds of millions of dollars of
value addition every year recently.
• The industry has seen strong growth over recent years,
characterized by local demand as well as global exports. Total
earnings of the industry in FY 2014 was USD 600 million, out of
which exports amounted to USD 132.5 million.
7
Common Fields of
IT in Bangladesh
IT:
• Tech Industries
• Telecommunication
• Software Export-Import
• Engineering Consultancy
• IT Infrastructure
ITES:
• Hardware Development
• Software Development
• Service Providers
• Engineering Consultancy
• Research
• Outsourcing
8
Contribution of IT in
Economic Development
• Information Technology or IT has opened a new era of development in every sector of Bangladesh. IT
doubtlessly contributes a lot in the economic development of Bangladesh.
• This sector is not only contributing in countries development but also lessened sufferings of people. It had
made things easy and fast along with developing.
• IT sector is developing our economy by developing the business sector, agriculture sector, banking sector,
health sector and education sector.
9
At a Glance
IT Sector
0
1000000
2000000
3000000
4000000
5000000
6000000
7000000
Companies - 450 People - 250000+ Export - 132.5M Total Value - 600M+
ICT Sector Overview
10
Md. Safayet Hossain
11
Electronic Banking
• Electronic banking or E-Banking allows banks to expand their markets for traditional deposit taking and credit extension activities and to offer
new products and services.
• E-banking was first introduced in Bangladesh in 2009. Various forms of e- banking are available in Bangladesh. They are ATM, SMS Banking,
Tele Banking, Online Banking etc.
• Online banking and ATM are very popular these days'-banking is fast and easy banking system.
• In case of traditional banking system a fund transfer, for instance, used to take several days whereas electronic banking is capable to perform the
same operations within few seconds.
12
4 10 31 10 55
3384
1354
1776
48
6562
786
187.2
1147.8
284.9
2406.7
32.7
708
47.7 11.8 100
654.1
100.2
955.5
150.8
1860.6
35.2 5.4 51.3 8.1 100
0
1000
2000
3000
4000
5000
6000
7000
National Commercial Bank Government owned
Development
Private Commercial Banks Foreign Commercial Banks Total
Banking System Structure (Billion Taka)
Number of Banks Nubmber of Branches Total Assets % of Assets Deposits % of Deposit
13
Ecommerce in
IT Sector
• E-shopping is an online shopping system (IT based). One can buy products from any shop of any country through
online shopping.
• It is getting popularity day by day. In the past one year, nearly a dozen online shopping portals or e-trading platforms
launched operations, offering e-shopping products and services from vegetables, clothes, computer accessories to books
and travel tickets.
• The number of online selling store increases rapidly and more job opportunity already made so that online shopping
take economy another step in development.
14
• With recent growth of Internet usage, 3G roll-out in 2013,
and the vigorous marketing and sales of smart phones, e-
commerce usage continues at a rapid pace.
• Businesses have realized that the Bangladeshis are quite
enthusiastic about technology and at the same time, avid
shoppers.
15
Fahmida-Al-Ikra
151-15-5076
16
Electronic Fund Transfer
• Bangladesh Bank (BB) is now offering debit transaction facility under its electronic fund transfer (EFT) network to
provide people an easy, faster and hassle-free service, especially for giving tax, utility bills and remittance transfer.
• This service is less expensive and easy. Some mobile phone company also has come forward with this service. Now
people can get and transfer their money from any part of the country.
• This service is getting popularity day by day, thus helping our economy.
17
18
E-Agricultural Information
• E-Agricultural information is nothing but the agricultural information which can be getting through mobile phone.
• Keeping this in mind mobile phone company Banglalink came up with a new service called “BanglalinkKrishibazaar” and
Robi came up ‘RobiHaat- Bazaar’ is an integration of two important services; ‘Bazaar Dor’ and ‘Krishibazaar’. These services
not only just helped the farmers but also helped our economy to take another step in development. BanglalinkKrishibazaar
RobiHatbazaar
19
National Information Service
IT Sector
The National e-Content Repository, more popularly known as the 'e-Info Kosh', is available at infokosh.bangladesh.gov.bd, and already boasts over
50,000 pages of information during its launch.
It contains information on a range of topics including education, agriculture, health, law, human rights and citizen services.
Information is to consider as source of knowledge, but when it’s hard to collect that time progress can’t possible. For people of Bangladesh,
government take step to ensure proper information service for all stage of people.
20
Aman Ullah Juman
151-15-5291
21
Software Development
In IT Sector
• Software development is another part of the IT services segment. It falls under the engineering services section of IT services and
is extensively sought after by international firms looking to outsource this facet of their operations abroad.
• This segment has opportunities ranging from platform and software development to testing to specialized software design and
beyond. 
• Bangladeshi companies have been outsourcing these services for a while now and have recently been joined by freelancers from
across Bangladesh sourcing work from online platforms like Upwork and Freelancer on their own.
22
Analytics
Web
Services
Product
Testing
System
Integratio
n
Consultin
g
R&D
Services
BPO &
Non
Technical
ITES
Customiz
ed
Software
Develop
ment
Mobile
Applicatio
n
Software
Service
IT Enable
Service
Product
Develop
ment
Reseller/
Value
Added
Reseller
Series 3 45 4.5 11 1.51 7 17 76 17 0.47 50 18 3
0
10
20
30
40
50
60
70
80
Share in IT Sector
23
63.5
38.7
23.5 22.7
13.5
11.3
9.2 8.8 8.8 8.4
0
10
20
30
40
50
60
70
USA UK Canada Australia Denmark Germany Netherlands Singapore UAE India
Main Export Destination
Destination
24
Telecommunication Service in
IT Sector
• Internet
• Telephones
• Mass Media
• Post/Mail
2.3
2.6
1.8
3.2
1.5
0 0.5 1 1.5 2 2.5 3 3.5
Bangladesh
India
Pakistan
Vietnam
Srilanka
Direct Contribution of Mobile Operators at GDP 2010
% of GDP
25
Telecom Sector
Major Contribution of Tax Revenues
3%
4%
5%
6%
12%
13%
17%
18%
22%
% OF REVENUE
2002 2003 2004 2005 2006 2007 2008 2009 2010
26
Atosi Das
151-15-4912
27
Future of IT Sector
The prospects of the sector have compelled the government of Bangladesh to set a target of USD 1 billion export earnings by
2018.
Bangladesh has to think big and think different in order to achieve this mammoth feat. Current growth rate forecasts show
exports to be USD 490 million by 2018. Less than half of the target amount.
Not only increasing revenue in IC but in country we need to optimize every sector by means of IT, so that people can
ensure easy and healthy life. When proper environment comes it could be consider as best output of population in a
country.
28
FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
Stable 24 33 35 45
Current Growth 0 71 102 128 133 216 284 373 491
Target Growth 0 189 287 435 659 1000
0
200
400
600
800
1000
1200
Present, Past and Future
Stable Current Growth Target Growth
29
Challenges of IT in Bangladesh
 Inadequate communications & power infrastructure.
Shortage of it facilities & it skills.
Inadequate institutional arrangements.
Limited financial resources.
Inadequate public private partnership.
Limited data management capacity.
Inadequate horizontal & vertical communication.
30
Recommendations for Bangladesh
 Optimal resource utilization.
 Certified skills development.
 Efficient communication.
 Quality education delivery.
31
Conclusion
 As the Internet usage increases, the government expects the IT sector to add 7.28 percent to GDP growth by
2021.(Bangladesh Sangbad Sangstha. Retrieved 20 July 2013)
 Information Technology (IT) in Bangladesh has become a common phenomenon in recent years.
 In the late 1990s,various technologies have been applied to support the unique characteristics of Bangladesh.
 It goes without saying that impact of IT services on economic progress is fast spreading across the boundaries of
social & political arrangements of societies.
32
References
• http://www.basis.org.bd/
• http://www.theindependentbd.com/printversion/details/12980
• https://en.wikipedia.org/wiki/Information_technology_in_Bangladesh
• https://www.slideshare.net/Shakirulshohag/problem-prospects-of-it-
industry- in-bangladesh
• ICT Sector Study Bangladesh(Nyenrode Business Universiteit January
2014)
33
34

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Economic presentation

  • 3. Submitted to : SUNJIDA KHAN Lecturer Department of Business Administrator Daffodil International University (DIU) 3
  • 4. Economical prospect of IT sector in Bangladesh. Presentation on 4
  • 5. AL- Nahian Bin Emran 151-15-5195 5
  • 6. Presentation Abstract • 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). • The IT industry is a relatively new sector in the country's economy. Though it is yet to make tangible contributions in the national economy, it is an important growth industry. 6
  • 7. Background of IT in Bangladesh • Bangladesh′s ICT industry has been developing slowly over the past three decades, culminating to hundreds of millions of dollars of value addition every year recently. • The industry has seen strong growth over recent years, characterized by local demand as well as global exports. Total earnings of the industry in FY 2014 was USD 600 million, out of which exports amounted to USD 132.5 million. 7
  • 8. Common Fields of IT in Bangladesh IT: • Tech Industries • Telecommunication • Software Export-Import • Engineering Consultancy • IT Infrastructure ITES: • Hardware Development • Software Development • Service Providers • Engineering Consultancy • Research • Outsourcing 8
  • 9. Contribution of IT in Economic Development • Information Technology or IT has opened a new era of development in every sector of Bangladesh. IT doubtlessly contributes a lot in the economic development of Bangladesh. • This sector is not only contributing in countries development but also lessened sufferings of people. It had made things easy and fast along with developing. • IT sector is developing our economy by developing the business sector, agriculture sector, banking sector, health sector and education sector. 9
  • 10. At a Glance IT Sector 0 1000000 2000000 3000000 4000000 5000000 6000000 7000000 Companies - 450 People - 250000+ Export - 132.5M Total Value - 600M+ ICT Sector Overview 10
  • 12. Electronic Banking • Electronic banking or E-Banking allows banks to expand their markets for traditional deposit taking and credit extension activities and to offer new products and services. • E-banking was first introduced in Bangladesh in 2009. Various forms of e- banking are available in Bangladesh. They are ATM, SMS Banking, Tele Banking, Online Banking etc. • Online banking and ATM are very popular these days'-banking is fast and easy banking system. • In case of traditional banking system a fund transfer, for instance, used to take several days whereas electronic banking is capable to perform the same operations within few seconds. 12
  • 13. 4 10 31 10 55 3384 1354 1776 48 6562 786 187.2 1147.8 284.9 2406.7 32.7 708 47.7 11.8 100 654.1 100.2 955.5 150.8 1860.6 35.2 5.4 51.3 8.1 100 0 1000 2000 3000 4000 5000 6000 7000 National Commercial Bank Government owned Development Private Commercial Banks Foreign Commercial Banks Total Banking System Structure (Billion Taka) Number of Banks Nubmber of Branches Total Assets % of Assets Deposits % of Deposit 13
  • 14. Ecommerce in IT Sector • E-shopping is an online shopping system (IT based). One can buy products from any shop of any country through online shopping. • It is getting popularity day by day. In the past one year, nearly a dozen online shopping portals or e-trading platforms launched operations, offering e-shopping products and services from vegetables, clothes, computer accessories to books and travel tickets. • The number of online selling store increases rapidly and more job opportunity already made so that online shopping take economy another step in development. 14
  • 15. • With recent growth of Internet usage, 3G roll-out in 2013, and the vigorous marketing and sales of smart phones, e- commerce usage continues at a rapid pace. • Businesses have realized that the Bangladeshis are quite enthusiastic about technology and at the same time, avid shoppers. 15
  • 17. Electronic Fund Transfer • Bangladesh Bank (BB) is now offering debit transaction facility under its electronic fund transfer (EFT) network to provide people an easy, faster and hassle-free service, especially for giving tax, utility bills and remittance transfer. • This service is less expensive and easy. Some mobile phone company also has come forward with this service. Now people can get and transfer their money from any part of the country. • This service is getting popularity day by day, thus helping our economy. 17
  • 18. 18
  • 19. E-Agricultural Information • E-Agricultural information is nothing but the agricultural information which can be getting through mobile phone. • Keeping this in mind mobile phone company Banglalink came up with a new service called “BanglalinkKrishibazaar” and Robi came up ‘RobiHaat- Bazaar’ is an integration of two important services; ‘Bazaar Dor’ and ‘Krishibazaar’. These services not only just helped the farmers but also helped our economy to take another step in development. BanglalinkKrishibazaar RobiHatbazaar 19
  • 20. National Information Service IT Sector The National e-Content Repository, more popularly known as the 'e-Info Kosh', is available at infokosh.bangladesh.gov.bd, and already boasts over 50,000 pages of information during its launch. It contains information on a range of topics including education, agriculture, health, law, human rights and citizen services. Information is to consider as source of knowledge, but when it’s hard to collect that time progress can’t possible. For people of Bangladesh, government take step to ensure proper information service for all stage of people. 20
  • 22. Software Development In IT Sector • Software development is another part of the IT services segment. It falls under the engineering services section of IT services and is extensively sought after by international firms looking to outsource this facet of their operations abroad. • This segment has opportunities ranging from platform and software development to testing to specialized software design and beyond. • Bangladeshi companies have been outsourcing these services for a while now and have recently been joined by freelancers from across Bangladesh sourcing work from online platforms like Upwork and Freelancer on their own. 22
  • 24. 63.5 38.7 23.5 22.7 13.5 11.3 9.2 8.8 8.8 8.4 0 10 20 30 40 50 60 70 USA UK Canada Australia Denmark Germany Netherlands Singapore UAE India Main Export Destination Destination 24
  • 25. Telecommunication Service in IT Sector • Internet • Telephones • Mass Media • Post/Mail 2.3 2.6 1.8 3.2 1.5 0 0.5 1 1.5 2 2.5 3 3.5 Bangladesh India Pakistan Vietnam Srilanka Direct Contribution of Mobile Operators at GDP 2010 % of GDP 25
  • 26. Telecom Sector Major Contribution of Tax Revenues 3% 4% 5% 6% 12% 13% 17% 18% 22% % OF REVENUE 2002 2003 2004 2005 2006 2007 2008 2009 2010 26
  • 28. Future of IT Sector The prospects of the sector have compelled the government of Bangladesh to set a target of USD 1 billion export earnings by 2018. Bangladesh has to think big and think different in order to achieve this mammoth feat. Current growth rate forecasts show exports to be USD 490 million by 2018. Less than half of the target amount. Not only increasing revenue in IC but in country we need to optimize every sector by means of IT, so that people can ensure easy and healthy life. When proper environment comes it could be consider as best output of population in a country. 28
  • 29. FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 Stable 24 33 35 45 Current Growth 0 71 102 128 133 216 284 373 491 Target Growth 0 189 287 435 659 1000 0 200 400 600 800 1000 1200 Present, Past and Future Stable Current Growth Target Growth 29
  • 30. Challenges of IT in Bangladesh  Inadequate communications & power infrastructure. Shortage of it facilities & it skills. Inadequate institutional arrangements. Limited financial resources. Inadequate public private partnership. Limited data management capacity. Inadequate horizontal & vertical communication. 30
  • 31. Recommendations for Bangladesh  Optimal resource utilization.  Certified skills development.  Efficient communication.  Quality education delivery. 31
  • 32. Conclusion  As the Internet usage increases, the government expects the IT sector to add 7.28 percent to GDP growth by 2021.(Bangladesh Sangbad Sangstha. Retrieved 20 July 2013)  Information Technology (IT) in Bangladesh has become a common phenomenon in recent years.  In the late 1990s,various technologies have been applied to support the unique characteristics of Bangladesh.  It goes without saying that impact of IT services on economic progress is fast spreading across the boundaries of social & political arrangements of societies. 32
  • 33. References • http://www.basis.org.bd/ • http://www.theindependentbd.com/printversion/details/12980 • https://en.wikipedia.org/wiki/Information_technology_in_Bangladesh • https://www.slideshare.net/Shakirulshohag/problem-prospects-of-it- industry- in-bangladesh • ICT Sector Study Bangladesh(Nyenrode Business Universiteit January 2014) 33
  • 34. 34