Bangladesh's Tech Transformation

Bangladesh's software and IT services industry has grown at over 20% annually for the past five years, reaching significant export volumes. The country's combination of a large English-speaking talent pool, competitive costs, and government support through initiatives like Hi-Tech Parks and Digital Bangladesh makes it an increasingly attractive hub for software development. Nexis Limited is proud to be part of this transformation, building SaaS products from Dhaka for global markets.

The Talent Advantage

Bangladesh produces over 50,000 computer science and engineering graduates annually from universities across the country. Programs at BUET, DU, RUET, and private universities like BRAC, NSU, and IUT produce skilled engineers who compete globally. Competitive programming participation is strong, with Bangladeshi teams consistently performing well in ICPC and other international competitions.

The freelancing ecosystem is also significant — Bangladesh is among the top 10 countries for freelancers on platforms like Upwork and Fiverr, providing a pipeline of experienced professionals who transition into full-time roles at companies like ours.

Government Initiatives

  • Hi-Tech Parks: Government-built technology parks offering subsidized office space, internet connectivity, and tax incentives for IT companies.
  • Digital Bangladesh Vision: National initiative driving digital government services, connectivity infrastructure, and technology education.
  • Tax incentives: Software and IT service exports enjoy significant tax benefits, encouraging companies to build export-oriented products.
  • Startup funding: Government-backed venture capital initiatives and startup incubation programs.

Challenges to Address

  • Infrastructure: While improving rapidly, reliable power and internet connectivity remain challenges outside major cities.
  • Senior talent retention: Experienced engineers are in high demand globally, and remote work opportunities create competition from international companies.
  • Brand recognition: Bangladesh's software industry lacks the brand recognition of India's, making initial client acquisition more challenging.
  • Payment infrastructure: International payment processing for software companies has historically been complex, though services like Payoneer and improved banking channels are addressing this.

Our Experience

At Nexis Limited, we have built four SaaS products — Bondorix, Ultimate HRM, Digital Menu, and Digital School — entirely from Bangladesh. Our engineering team in Dhaka designs, develops, deploys, and operates these products for clients globally. The quality of talent available and the cost-effectiveness of operating here have been instrumental in our growth.

Conclusion

Bangladesh's software industry is at an inflection point. The combination of talent, cost advantage, and government support creates a compelling environment for software companies. For businesses looking at South Asia for technology partnerships, Bangladesh deserves serious consideration alongside India and Sri Lanka.

Want to work with a Bangladeshi software company? Get in touch with Nexis Limited.