Information technology is the process of generating, processing, storing, retrieving, and communicating various sorts of electronic data and information utilising computers (IT). Unlike personal or recreational technology, business-related operations are where IT is most frequently used.
IT enterprises from all across the world have contributed significantly to development. Both society and the economy are significantly impacted. Life is made easier and more efficient by innovation and information technology. The top 10 IT companies in Bangladesh are currently being compiled by me. Prior to that, it is vital to understand Bangladesh’s history and economy.
A short introduction to the history of Bangladesh
Bangladesh is a country in South Asia that is situated in the Padma (also known as the Ganga) and Jamuna (also known as the Brahmaputra) river delta in the northeastern region of the Indian subcontinent.
The region that is now Bangladesh was formerly a part of India’s Bengal region for many years. From the Maurya (321–184 BCE) through the Mughal, the same empires that dominated central India reigned over it (1526–1858 CE). Bangladesh was included when the British seized power in the area and established their Raj in India (1858–1947).
Bangladesh, a riverine nation known as the “Land of the Bengals,” is one of the nations with the densest populations in the world. Bangladesh, which has a majority of Muslims, and India, which has a majority of Hindus, were divided during negotiations for independence and the division of British India. One of the requests of the Muslim League’s 1940 Lahore Resolution was for the majority-Muslim regions of the Punjab and Bengal to become independent Muslim nations rather than remain part of India.
Following the outbreak of sectarian violence in India, some leaders claimed that a united Bengali state would be a more effective remedy. The Indian National Congress, under Mahatma Gandhi’s leadership, rejected this proposal.
In the end, when British India attained independence in August 1947, the Muslim portion of Bengal was incorporated into the newly formed country of Pakistan as a non-contiguous region.
It became one of Pakistan’s five provinces, East Pakistan when India was partitioned in 1947. East Pakistan is separated from the other four by 1,100 miles (1,800 km) of Indian territory. With Dhaka as its capital, it attained independence in 1971 to become Bangladesh. Bangladesh’s first president, Sheikh Mujibur Rahman, presided over the country from 1972 until his death in 1975.
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The Economic Structure of Bangladesh
With 159,000,000 inhabitants, Bangladesh has the eighth-highest population in the world, making it the size of Iowa. The population density of Bangladesh is roughly 3,300 people per square mile. With a per capita GDP of slightly about $4,200 US as of 2017, Bangladesh is a developing nation. Despite this, the economy is expanding quickly, averaging about 6% per year from 2005 to 2017.
Despite the growing importance of industry and services, nearly half of Bangladeshi workers are working in agriculture. Government-owned businesses and factories predominate and are frequently inefficient. In South Asia, the expansion of the software sector in Bangladesh is genuinely noteworthy. According to some experts, Bangladesh will become Asia’s next IT hotspot. According to the Global Location Service Index, Bangladesh is now ranked 21st for IT outsourcing. Bangladesh has the second-highest proportion of independent contractors worldwide.
Bangladesh has more than 4500 registered ICT and software enterprises. These businesses currently employ more than 300,000 local ICT specialists and software developers. These businesses supply the local industry’s need for software valued at US$1.18 billion.
However, the internet’s capacities have brought about some amazing improvements in our lives. This industry employs thousands of people and Bangladesh is expected to become the global IT industry’s, up-and-coming tiger.
The rickshaws, food, art festivals, and religious diversity of the city are all well-known aspects of its culture. 2000 buildings from the Mughal and British eras may be found in the old city. The city’s publishing sector has expanded significantly since 1947, contributing to the establishment of a robust press.
The Global Location Service Index, a tool for market analysis provided by AT Karney, places Bangladesh 21st in terms of software development, business process outsourcing, and IT outsourcing. According to the Oxford Internet Institute, the nation also has the second-highest number of freelancers in the world, and the Bangladesh Association of Call Center and Outsourcing estimates that over 40,000 people work in the outsourcing sector and make more than $300 million annually.
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How is the technology sector growing in Bangladesh?
The tech industry’s biggest names, like Google, Microsoft, Apple, Samsung, and many others, are now heavily investing in Asian nations to save costs. Bangladesh, the most southern Asian nation, can profit from these measures and serve as a platform for international investment because it has a large underutilised labour force that is less expensive than that of other Asian nations.
Numerous IT companies have grown throughout time, and projects are being launched here to establish a “Digital Bangladesh.” The information technology sector in Bangladesh is expanding swiftly, and IT companies have committed to meeting the needs of both domestic and foreign clients. In order to expand the IT sector, the Bangladeshi government is now investing a sizable sum of money.
By giving funding, assistance with company growth, and marketing assistance, the government should assist entrepreneurs in establishing IT businesses in Bangladesh. Two significant good things will come out of this, which will help Bangladesh get closer to its digitization goal. First and foremost, the creation of new IT businesses and second, well-paying jobs in the IT sector. Through foreign direct investment, the growth of new IT firms will generate a significant infusion of foreign currency.
Tata Consultancy Service has been assisting the largest organizations in the world to enhance their operations for the past 50 years as a provider of IT services, consulting, and business solutions. TCS came in at number 64 in Forbes‘ ranking of the most innovative businesses in the world.
TCS offers a range of consulting-driven, cognitive-powered, integrated business, technology, and engineering services and solutions. Among the IT services provided by the company are automation and artificial intelligence (AI), cybersecurity, quality engineering, engineering & industrial services, cloud, TCS interactive, internet of things, enterprise apps, consulting, analytics and insights, and blockchain. The company provides a wide range of advantages to its workers, including health insurance, access to a cafeteria and gym, instruction in soft skills, free transportation, job training, child care, and assistance with academics.
The main areas of interest for Amazon.com, Inc., a multinational technology company based in the United States, are digital streaming, cloud computing, e-commerce, and artificial intelligence. One of the most valuable brands in the world, it is recognised as “one of the most influential economic and cultural forces in the planet.”
Amazon.com is a pillar of the Fortune 100 and one of the Big Five, or the five largest and most powerful technology businesses in the United Kingdom. According to the company’s then-CEO Jeff Bezos, there were 200 million Prime subscribers as of the beginning of April 2021, up from 150 million at the start of 2020. Over the years, Amazon has come in for a lot of criticism from those who contend the company uses monopolistic and anticompetitive strategies as well as from fulfilment centre employees who gripe about their treatment and difficult working conditions.
International Business Machines (IBM), an American multinational corporation with headquarters in New York, is listed second on its ranking of the best IT companies. It provides a wide range of IT services and software products and is constantly expanding to meet the needs of both current and potential clients. Additionally, with 3.45 million workers worldwide, it has the largest employment rate. There are many opportunities for applicants to flourish at IBM.
Computer hardware, software, cloud computing, and data analytics are some of IBM’s most well-known products and services. With notable inventions like the floppy disc, the hard disc drive, and the UPC barcode, the firm has over the years also acted as significant research and development corporation. Job Security received the highest grade of 4.2 out of a possible four, giving IBM a total score of 4.2. (Ambitionbox.com)
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One of the biggest IT and old companies in Bangladesh is Spectrum Engineering Consortium Ltd. Since 1995, they have provided services to more than 800 local and international clients. Spectrum has expanded its portfolio with 200+ highly skilled employees and long-term alliances with manufacturers of cutting-edge technologies, including Oracle, Microsoft, Cisco, Emerson, VMware, NetApp, Zenband, and others.
The company provides customers with comprehensive support and guidance, from conceptual design to implementation and support. The company fully support the project and assist local, regional, and global businesses in maximising prospects available today and developing top-notch market solutions.
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5. Southtech Group
Since its founding in 1996, Southtech Group has grown to include six offices in more than five nations. They have experienced considerable commercial growth during the past 23 years. They mostly offer specialised services based on the needs of the client. The company also offers financial systems, project management, process engineering, accounting, HR solutions, microfinance solutions, ERP solutions, government projects, and other services.
For a set monthly cost, SouthTech’s team of more than 50 technology consultants, professional engineers, and support specialists has been providing all-inclusive technology solutions to clients in every industry for more than 25 years. Because SouthTech has a fundamentally different understanding of managed services.
In 1981, Infosys, a worldwide consulting and IT services firm with more than 228,000 employees, was established. Infosys Limited provides services in business consulting, information technology, and outsourcing. Infosys is ranked 602 in Forbes Global 2000 rankings. The company has 191 sites throughout the world.
Infosys also provides cloud-based services, cyber security, application development, consulting, application modernization, the internet of things, testing, salesforce, data analytics, blockchain, and digital marketing, as well as services for incubating emergent technologies.
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Microsoft, one of the biggest businesses in the world, comes out on top in practically all lists of IT corporations. Unquestionably, Microsoft is among the top tier 1 business in the United Kingdom. It has its headquarters in Redmond, Washington (USA), and employs more than 1.6 lakh people worldwide, of whom more than 50% are US nationals. Paul Allen and Bill Gates established the business in 1975. Every professional in the world has used at least one of its products, particularly Microsoft Office, Windows, and Internet Explorer (the search engine). It develops, produces, grants licences for maintains, and sells software, consumer electronics, personal computers, and related services. It employs over 180K people worldwide, with more than half working at its headquarters in Redmond, Washington (USA).
The Microsoft Office package, the Windows family of operating systems, and the Internet Explorer and Edge web browsers are among the company’s most well-known software offerings. In the 2018 Fortune 500 rankings, Microsoft is ranked as the thirty-first-largest American corporation by total revenue.
One well-known provider of IT services is Cognizant, which works with clients to change their current operational, business, and technological models so they may benefit from the advanced technologies that are being developed quickly. The company’s headquarters are in New Jersey, USA, and it was established in 1994 by Francisco D’Souza and Kumar Mahadeva.
Cognizant, which offers corporate consulting, information technology, and outsourcing services, employs over 3.3 lakh people worldwide. Several industries, including banking, healthcare, manufacturing, media, and entertainment, can benefit from Cognizant’s business process outsourcing and IT consulting services. The main reasons people choose a career with Cognizant are the opportunity to work with notable clients in almost every area and the interesting, challenging global prospects.
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9. Tech Mahindra
Business process outsourcing (BPO) and IT services are provided by Tech Mahindra Limited, a subsidiary of the Mahindra Group. Following the 2008–2009 Satyam fraud, Tech Mahindra was selected to merge with Satyam Computer Services. As a provider of innovative and customer-focused information technology experiences for web development, Tech Mahindra is a representation of the networked world. While most of the customers of other leading IT firms are Americans and Indians, Tech Mahindra’s customers are predominantly from Europe and/or the UK.
10. Wipro Limited
The most complicated needs of its clients in terms of digital transformation are the focus of Wipro Limited, a top provider of technology services and consultancy. They assist clients in realising their most audacious goals and creating sustainable, forward-thinking enterprises by utilising their comprehensive array of talents in consulting, design, engineering, and operations.
By fusing the power of robotics, analytics, cognitive computing, cloud, automation, and emerging technologies, Wipro helps clients through a digital transformation. More than 160,000 devoted employees of the company serve customers on six continents. It is one of the UK’s IT companies that enjoys widespread recognition on a global level for its broad range of services, firm dedication to sustainability, and top-notch corporate citizenship.
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11. Zaag Systems Ltd
Enterprise software development, mobile app (Android & iOS), e-commerce development, and other IT solutions are among the IT Solutions offered by Zaag Systems Ltd., a firm in the information technology industry. The company takes an excellent, relevant, accessible, and usable approach to development, and has the skills and knowledge needed to create the kind of solution that will meet the needs of businesses.
Focus on Services
- Progressive Software Development for Web Apps
- Development of mobile apps App Designing (UI/UX)
- Tech Support
- Designing websites (UI/UX)
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12. SKY TECH SOLUTIONS
In September 2013, SkyTech Solutions was established to serve the requirements of businesses of all sizes. SkyTech Solutions was founded on the premise that outsourcing should not only help Fortune 1000 companies but also all other companies looking to increase their competitiveness in their respective markets. As a result, they sought to develop a business model that, for the first time, made outsourcing cheap for companies of all sizes.
Their facilities offer a management team that is onsite and available around-the-clock, fully redundant voice, data linkages to the world, enterprise-grade network infrastructure, uninterruptible power solutions, and all the features of any other provider without lofty cost structures.
Additionally, they provide end-to-end customer management solutions, which include a variety of call centres, back-office, virtual assistants, and digital marketing services
13. Bangla Puzzle Limited
With a focus on innovation, Bangla Puzzle Limited is a promising business with a team of highly skilled professionals. The company provides services in augmented and virtual reality software, artificial intelligence, the internet of things (IoT), any kind of software development, and web and mobile application development both on-site and offshore. The company has previously completed numerous tasks in this area.
The major service areas of the company include Website Design and Development, Web Application Development, Mobile App Development, Consultancy Service, E-commerce Solutions, Education & Training, System Management & Implementation, Virtual tours and 360 Video, Game Development and Search Engine Optimization!
14. Kaz Software
In 2004, Kaz Soft Limited was founded. For producing standard software, it is one of Bangladesh’s top custom software companies. This organisation employs expert designers, engineers, and content professionals. Kaz soft provides software development and content management services to a variety of sectors and foreign clients.
They give clients access to award-winning development teams so they may innovate and create outstanding software. They are a team of enthusiastic designers, developers, and content specialists. The company’s services for software development and content management are available to clients worldwide in many industries.
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DataSoft’s vision is to deliver high-quality solutions to build The Digital Delta, which is driven by innovation and governed by integrity. The company was founded with the mission to maintain its position as the leading provider of software solutions, ensuring the benefit of clients, shareholders, and employees.
DataSoft has amazed its clients and stakeholders with outstanding results, mirroring the astonishing expansion of Bangladesh’s economy, by developing a world-class capacity to provide global solutions. DataSoft has expanded its operations to three different continents, making it a truly global solution supplier. Their services for software development and content management are available to clients worldwide in many industries.
16. Brain Station 23
One of Bangladesh’s promising software companies is called Brain Station. Raisul Kabir launched this company at the beginning of its journey. CEO of Brain Station 23, Raisul Kabir founded the software startup.
The local market was added to the new company’s initial focus on the global market in 2010. Since that time, the business has continued to grow, and it now employs more than 600 software engineers. In addition to Bangladesh, Brain Station 23 is now a well-known brand in the United States, United Kingdom, Netherlands, Denmark, Japan, Norway, Sweden, Germany, Canada, Switzerland, Turkey, and other nations.
They work with the mission to empower individuals to accomplish more with less by becoming businesses’ go-to resource for digital leadership. Their mission is to work with and be the quickest at digital transformation and innovation by utilising the global talent and making a difference.
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For every firm, NewsCred places content at the core. As the top platform for content marketing and syndication around the globe, NewsCred offers publishers and brands simple access to fully-licensed text, photos, and video from more than 2,500 top-tier sources.
By providing the content that audiences require, desire, and share, NewsCred enables businesses to generate actual revenue and engagement. From specialised editorial sections to social media and email marketing, NewsCred designs and develops custom content solutions with originality, speed, and scale. NewsCred is a company with offices in New York, London, and Dhaka that was founded in 2008 by Shafqat Islam, Iraj Islam, and Asif Rahman.
Newscred is aiming to reimagine marketing for all consumers. Because trust is the cornerstone of their ideals, they put it above all else. They enjoy working together and believe in the benefits of a close-knit group. When faced with difficulties, employers offer answers and inspire, motivate, and assist their employees.
The goal of e-soft is to find, create, and promote high-quality services that are widely accepted at reasonable prices to benefit the clients. They always work to increase their capacity to meet the client’s unmet needs and provide the services they wish for. Ariful Hasan Opu started this business.
Through its readily available services of uncompromised quality, the management of e-Soft, a capable team of specialists, acts with a progressive mindset to give efficient solutions to satisfy the client’s desire. The services: Website design, mobile application development, and e-commerce!
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19. Technobd Limited
Web and mobile application development services are offered by Technobd Limited, a company with IT capabilities. Over 700 firms have used Technobd since 2001. They are the top web design and development firm in Bangladesh, having won numerous awards.
Being one of the top-listed web design and development company in Bangladesh, Technobd Limited offer web design and development services, create mobile and online applications, and more. At Technobd Limited, clients may get the greatest online services. They steadfastly uphold project delivery dates. They regard client happiness as the core inspiration of their functioning.
20. Nobo IT
One of Bangladesh’s top software firms, Nobo IT is situated in Mirpur, Dhaka. They have a highly dedicated and creative team ready to assist clients in managing their businesses. Nobo IT’s software and applications will help the business to operate efficiently. They are experts in web apps, website development, Android and iOS applications, graphic design, search engine optimization, and online advertising. Their services include domain registration, hosting, online application development, and digital marketing.
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21. BJIT Limited
A software development and IT services firm in Bangladesh is called BJIT Limited. This business helps startup, SME, and enterprise clients create, enhance, or scale internal business software.
They are an offshore software development company renowned for providing top-notch services at competitive prices. The high-quality criteria of Japanese Enterprise clients have been continuously met by their service delivery teams. Their strategy is to carry out and bring value to all consumer touchpoints. With this strategy, BJIT has built long-lasting relationships with global enterprise customers, some lasting as long as 20 years.
Enterprise solutions and software outsourcing services, Perfect Software Solutions, Strategic Technology Consulting, and E-Commerce are the company’s core competencies.
22. Base IT
One of the top IT companies in Bangladesh is called Base IT. The goal of Base IT is to deliver on-time, high-quality web and e-commerce solutions that are trustworthy, cost-effective, and result-oriented.
For the past eight years, Base IT has offered services in web design, web development, SEO, and domain hosting. Base IT, a leader in Bangladesh’s IT outsourcing industry, proudly represents Bangladesh in the global market. Base IT began in 2007 in Dhaka, Bangladesh, with a staff of more than 40 skilled and experienced web designers, developers, and SEO specialists.
And today Base IT. provides a wide range of online services, including custom software development, e-commerce websites, mobile and web applications, search engine optimization, web hosting, and customised websites. They are a reputable IT company that will listen to its clients, offer advice, and work with them from beginning to end to implement and realise businesses’ objectives. The slogan for their services is “Quality And Affordable Price.”
23. REVE Systems
In 2003, REVE Systems set out on its journey. Their objective is to make a name for themselves in the industry of IT-based communication application and device development. They partnered with more than 4500 VoIP and communications service providers, connecting customers from over 78 different countries. Additionally, they provide mobile OTT solutions, VoIP Softswitch & Billing Solutions, Bandwidth Optimization, and other services.
In order to support the IP-based communications sector, REVE Systems was established in 2003. In terms of business communications, e-government, mobile OTT, SIP Softswitches, VoIP billing, bandwidth optimization, web PSTN, and mobile VoIP, REVE solutions are currently at the forefront. With the help of their skilled and experienced engineers, they work to give 24/7 platinum levels so that they can support their customers and make sure they have access to their services. In addition to the 2011 Unified Communications Award for Excellence, REVE Systems also won the 2012 NGN Leadership Award.
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TigerIT has 10 years of software development experience. One of Bangladesh’s top software firms that creates Automated Fingerprint Identification Systems is (AFIS). Tiger created a comprehensive programme for the project to create national ID cards and register voters in 2008 in preparation for the general election in Bangladesh. Tiger employs 20,000 people and has 500 ID management servers.
TigerIT offers solutions for everything from national identification cards, voter registration, electronic passports, border control, and driver’s licences to vehicle registration and tracking. TigerIT also offers highly specialised solutions for integrating 3rd party hardware and software with legacy systems, including identity governance, enterprise single sign-on, and identity and access management solutions, to big businesses including banks, telecom firms, and multinational corporations.
In Dhaka, Bangladesh, there is a digital marketing company called BrainyZat. Their independent team of multifaceted business, marketing, and technology consultants creates new, tailored solutions by questioning and enhancing the current quo.
With the help of an accomplished digital agency, transform business brands through a digital-first strategy. Leveraging 12 years of demonstrated experience in producing stunning outcomes, the company vows to help clients with everything from planning through implementation and ongoing technical and marketing support.
A creative group of forward-thinking individuals, BrainyZat Limited is committed to assisting organisations to build on their successes and achieve new heights. Digital marketing, social media marketing, SEO, SEM, PPC, YouTube SEO, email marketing, content marketing, and website development are among the services the company offers.
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How much is the software engineer’s salary in Bangladesh?
Bangladesh is ranked 21st in terms of software development, business process outsourcing, and IT outsourcing, according to the Global Location Service Index, a tool for market analysis provided by AT Karney. According to the Oxford Internet Institute, the nation also has the second-largest population of independent contractors worldwide.
By providing money, business development, and marketing support, the government could help Bangladeshi business owners who desire to start IT companies. Due to two main positive outcomes, Bangladesh will get closer to attaining its goal of digitalization. First, the expansion of new IT businesses, and then, well-paying jobs in the sector. The development of new IT businesses will result in a large inflow of foreign currency thanks to direct foreign investment.
According to Payscale.com, the average software engineer salary in Bangladesh is 498,563 BDT a year.
- The salary for an entry-level software engineer is BDT 450,000 per annum in Bangladesh.
- The salary for an early career software engineer with 1 to 4 years of experience is BDT 494,989 in Bangladesh.
- The salary for a mid-career software engineer with 5 to 9 years of experience is BDT 713,380 a year in Bangladesh.
Dhaka is quickly developing into a hub for independent IT and IT-enabled services outsourcing (ITES). Bangladesh’s ICT market is positioned for further growth. On the most recent ITU ICT Progress Index, which measures ICT development, Bangladesh was rated 147th out of 176 countries.
The salary for a software engineer in Dhaka is 45,000 BDT per month as per glassdoor.com.
- The lowest salary for a software engineer in Dhaka is BDT 20,000 per month.
- The highest salary for a software engineer in Dhaka is BDT 86,800 per month.
Bangladesh can also take into account the following plan of action to achieve the goal of “Digital Bangladesh” and to sustainably accelerate the expansion of the IT sector. The sector will expand quickly and new job sectors will be created if the government makes a significant investment, such as USD 2 billion over 5 years, which will contribute to the development of the country and the significant GDP growth.
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