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Opportunities
of ICT Business of Bangladesh
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| SWOT
Analysis of the sector_________________ |
| Strength |
• |
Presence
of Skilled workforce |
• |
Cost
value proposition |
• |
Convenient
time gap between US and ours (a strong advantage for IT enabled
sector) |
• |
Government
Incentives in terms of Tax and other benefits |
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|
| Weakness |
• |
Inappropriate
Governing laws and legislations |
• |
Lack of proper
exposure to International markets |
• |
Infrastructure
issues |
| • |
More and more
firms are outsourcing their IT related functions to companies
in South East Asia |
| • |
With the ever
increasing development of the global IT sector demand for
IT services is always present |
| • |
Untapped market
in terms of supply perspective |
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| Threat |
• |
Rise of neighbor
nations in the IT field leading to their IT industry achieving
a higher international market share of the outsourced services |
• |
With communication
being enhanced to such a level, location is now no longer
an issue. Hence competition base is much more widened. |
• |
With the IT services
moving up the value chain ladder there are every possibility
that our skill personnel base may become redundant owing to
obsolete technology. |
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| Thrust
Sector |
|
IT sector have
been identified as one of the thrust sectors in Bangladesh
export policy. Computer software could not record the desired
level of export through the sector offer bright prospects
for earning foreign exchange. So, government of Bangladesh
has taken the following course of action to boost up the sector.
For
the development of human resources in the software information
of computer science, courses in all universities including
BIT (Bangladesh Institute of Technology) and Polytechnic Institute
and selected colleges shall be considered similarly for having
a pool of skilled and trained instructors basic computer scheme
at graduation level may be introduced.
An
Information Technology Village making multifaceted facilities
shall be established as part of infrastructure development
for promotion of export in this sector.
As a fillip to effective software marketing appropriate provisions
on protection of intellectual imports shall be incorporated
in the existing copyright Act. |
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