Bangladesh increasing outsourcing revenue but to the software sector figures

Its foreign exchange earnings from the information technology sector, outsourcing of computer software export income increases opposite prevails. In the last two fiscal consistently reduced foreign exchange earnings from this sector. At one time the information technology sector was the biggest software export foreign exchange earnings. Computer data processing and hosting, computer software and computer consulting services exports from these three sources of foreign exchange earnings for Bangladesh IT. The computer data processing and hosting services known as outsourcing. IT sector is currently the main means of income in foreign currency. According to Bangladesh Bank, the IT sector has foreign exchange earnings from the last fiscal year, 2015-16, 15 Crore 20 Millions of dollars or 1 Thousand  216  Crore 16 Millions Taka (over 80 Taka per dollar). 15 percent from the previous year, or more than 154 Crore 88 Millions Taka. Software Export earnings from financial year from the previous fiscal year, there were 282 Crore 96 Millions Taka 383 Crore 12 Millions Taka foreign exchange earnings from this sector in the space of one year, a decrease of 100 Crore 16 Millions Taka Software Export earnings for the past fiscal year shows a negative trend. In fiscal year 2013-14 compared to the 2014-14 fiscal year, the sector’s export earnings declined from 172 Crore 16 Millions Taka 2013-14 fiscal year, software exports in 2013-14 fiscal year, while revenues were 555 Crore 28 Millions Taka foreign exchange earnings from the information technology sector was the best means of software exports. ICT sector in 2013-14 fiscal year the amount of foreign currency earnings for the fiscal year was 1 Thousand 4 Crore 32 Millions Taka the ICT sector was over 50 per cent of the total foreign exchange earnings through export of software revenue. By outsourcing IT sector revenue and earnings in the past two years, major progress, but there is a negative impact on software export earnings. However, since the 2009-10 fiscal year to the 2013-14 fiscal year was increased continuously to earn foreign currency from the export of software.

The software exports in fiscal year 2009-10 financial year, the IT sector earns 205 Crore 28 Millions Taka 282Crore 80 Millions Taka the 2010-11 fiscal year, the total export income of 251 Crore4 million, in fiscal year 2011-11 and 2012-13 fiscal year, 348 Crore 8 Millions  505 Crore 92 Millions Taka software exports revenue. The three-year IT industry is that foreign exchange earnings from exports of software lions percent.

Computer consultancy services from the 2015-16 fiscal year, a decrease of foreign exchange earnings. Computer consultancy services in foreign exchange earnings for the financial year was 79 Crore 36 Millions Taka 2014-15 fiscal year, there were 86 Crore72 Millions Taka the previous year, a decrease in income of 7 Crore 36 Millions Taka

Prior to fiscal year 2011-12 Computer consultancy services sectors declined compared to the previous fiscal year’s foreign exchange earnings. 38 Crore 80 Millions Taka year the money was earned in the previous fiscal year, income from this sector in 2010-11 was 40 Crore 96 Millions Taka

However, the 2011-12 fiscal year, the third consecutive increase in foreign exchange earnings from computer consultancy services. 44 Crore in 2012-13 fiscal year and the fiscal year of 2013-14 is 68 Crore 56 Millions Taka income.

Information Technology sector review found that foreign exchange earnings, the government’s export revenues increased nearly 4 times during the ICT sector. Export earnings from fiscal year 2009-10 was 282 Crore 80 Millions Taka IT sector, which consistently exceeded 1 Thousand 216 Crore Taka increase.

IT sector growth is the highest foreign exchange earnings in the fiscal year 2011-12. IT sector growth in foreign exchange earnings in the fiscal year was 55 percent. Financial year, IT exports revenue of the previous fiscal year, there were 562 Crore 64 Millions Taka 362 Crore 48 Millions Taka

This trend continues in the next fiscal year 2012-13 due to income from the IT sector, such as foreign exchange earnings for the first time exceeded US $ 10 Crore. At the end of the fiscal year the amount of foreign exchange earnings from this sector, which stood at 813 Crore4 Millions Taka 45 percent higher than the previous fiscal year.

IT sector export earnings in the next fiscal year exceeds the previous fiscal year Thousand Crore Taka 24 per cent growth in the 2013-14 fiscal year, foreign exchange earnings from the information technology sector were 1 Thousand 4 Crore 32 Millions Taka

2014-15 fiscal year, export earnings from this sector increased considerably decreased growth. This means that foreign exchange earnings year 1 Thousand 185 Crore 75 Millions Taka only 6 percent higher than the previous year.

The IT sector has been playing a major role in the growth of computer data processing and hosting or outsourcing. Outsourcing refers to the free profession. That profession freely to return to work. And through the Internet, work with anyone outside their organization to put online outsourcing is taken. Outsourcing work to freelancers who called them.

Outsourcing site or online market place is divided into a variety of tasks. For example, web development, software development, networking, and information systems (information systems), writing and translation, administrative support, design and multimedia, customer service (Customer Service), sales and marketing, business services and so on.

Currently the world market (Market Place) over 5 million Bangladeshis are involved in outsourcing. Last fiscal year, 2015-16, foreign exchange earnings from this sector was 853 Crore 84 Millions Taka the previous year, which was 591 Crore 44 Millions Taka span of one year, the outsourcing of foreign currency earnings from the sector increased by 262 Crore 40 Millions Taka In 2011-12 fiscal year, revenue continued to rise due to the increase in the next fiscal year, 2012-13, earning 175 Crore 76 Millions Taka 263 Crore 12 Millions Taka, 2013-14 and 2014-15 fiscal year, 380 Crore 48 Millions Taka income rose more 591 Crore 44 Millions Taka

According to the sources, outsourcing means that the two organizations. Payza is that the two companies and peoniyara. The company opened two accounts outsourcing work to bring money from abroad Bangladesh. In addition, the government-owned bank online payment ‘Paypal’ and the name of an organization trying to deal with. If the revenue from the increased outsourcing agreement with Paypal are likely to be involved in this sector.

General Manager of Bangladesh Bank’s foreign policy department said. Movies Masood told the report, the amount of income from the increased outsourcing. The money earned from this sector to the international online payment through Paypal is trying to deal with the bank. Once the deal is expected to be much higher revenues from outsourcing.

Analyzing the data can be seen, the IT outsourcing sector since 2009 baidesa currency adjusted revenue increase. In the 2009-10 fiscal year, the sector had a turnover of 52 Crore 32 Millions Taka 2010-11 fiscal year, rose 70 Crore 48 Millions Taka.

In 2011-12 fiscal year, revenue continued to rise due to the increase in the next fiscal year, 2012-13, earning 175 Crore76 Millions Taka 263 Crore12 Millions Taka, 2013-14 and 2014-15 fiscal year, 380 Crore 48 Millions Taka income rose more 591 Crore 44 Millions Taka

According to the sources, outsourcing means that the two organizations. Payza is that the two companies and peoniyara. The company opened two accounts outsourcing work to bring money from abroad Bangladesh. In addition, the government-owned bank online payment ‘Paypal’ and the name of an organization trying to deal with. If the revenue from the increased outsourcing agreement with Paypal are likely to be involved in this sector.

General Manager of Bangladesh Bank’s foreign policy department said. Movies Masood told the report, the amount of income from the increased outsourcing. The money earned from this sector to the international online payment through Paypal is trying to deal with the Sonali bank. Once the deal is expected to be much higher revenues from outsourcing.

Leave a Reply

Your email address will not be published. Required fields are marked *

MD.FEROSE © 2016