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Bangladesh is a country in the South Asian region. Its official name is the People's Republic of Bangladesh.
Bangladesh is the eighth-most populous country in the world. It shares its borders with India and Myanmar. Dhaka is the capital and the largest city in the country. It is the nation's political, financial, and cultural centre. Chittagong is the second-largest city and the busiest port in the country.
The official language is Bengali, with Bangladeshi English used by the government of Bangladesh. The country consists of eight States, a total of 74 districts, and 496 sub-districts as well. It has the largest mangrove forest in the world.
Bangladesh is the second largest economy in Southern Asia after India. It has the highest per capita income in South Asia. The national currency of Bangladesh is the Bangladeshi taka.
The service sector contributes about 51.3% of the total GDP and employs 39% of the workforce. The industrial sector contributes 35.1% of the GDP and employs 20.4% of the workforce. The agriculture sector contributes 13.6% of the economy but provides the highest employment rate, with 40.6% of the workforce employed. The significant byproducts of the agriculture sector are rice, fish, tea, fruits, vegetables, flowers, and jute. Bangladesh is well known for exporting lobsters and shrimp.
The private sector Contributes 80% of GDP compared to state-owned companies. Family-owned businesses and small and medium-sized businesses dominate Bangladesh's economy. Some of the largest publicly traded companies in Bangladesh include Beximo, BRAC Bank, BSRM, GPH Ispat, Grameenphone, Summit Group, and Square Pharmaceuticals.
There are two major stock exchanges in Bangladesh: the Dhaka Stock Exchange and the Chittagong Stock Exchange. Its telecommunications industry is one of the world's fastest-growing industries, with 172 million cellphone subscribers as of January 2021. Over 80% of Bangladesh's export profit comes from the garment industry.
Other significant industries in Bangladesh are shipbuilding, pharmaceuticals, steel, ceramics, electronics, and leather goods.
According to the Census of 2022, Bangladesh has a population of 165.1 million. It has secured eighth rank in the list of most populous countries in the world.
Fifth in the list of most populous countries in the world, with a population of 1,265 people per square km as of 2020. Its fertility rate, once 5.5 in 1985 (the highest in the world), has experienced a dramatic decline, from 3.7 in 1995 down to 2.0 in 2020.
It is now less than the sub-replacement fertility of 2.1. 39% of the total Bangladeshi population lives in urban areas, and the majority lives in rural areas. It has an average age of 28 years, with 26% of the total population aged below 14 and only 5% aged 65 and above.
This article features a selection of leading IT companies located in Bangladesh along with their services and contact information.
TCS is also known as Tata Consultancy Services. It is an Indian IT service and consulting company headquartered in Mumbai. It is the second most valuable company in India. In 2024, TCS ranked seventh in the Fortune 500 list of Indian companies. In September 2021, TCS became the first Indian company to cross a 200-billion-dollar market cap. In 2024, parent company Tata Sons owned 71% of TCS, and 80% of Tata Sons' income came from TCS.
Tata Consultancy Services Limited, known initially as Tata Computer Systems, was launched in 1968 by Tata Sons. The first few orders were received from its sister company, Tata Steel, also known as Tisco. In 1975, TCS made an electronic deposit machine and trading system for SIS SegaInterSettle.
It also developed a system for the Canadian Depository System and automated the stock exchange. TCS also partnered with the Swiss company TKS Teknosoft. Later, they bought 100% equity in it.
On October 8, 2020, TCS became the most valuable IT company in the world. They surpassed Accenture in terms of market capitalization. On the same day, they also became the most valuable company in India, overtaking Reliance Industries. TCS is known to be the best IT companies in Bangladesh.
Bonus Read: The Top 10 IT Companies in Germany Shaping the Future
Amazon was founded on July 5, 1994, by Jeff Bezos. Initially, the company operated as an online bookstore. Later, they shifted to the e-commerce model. Amazon is the world's biggest online store. Amazon has multiple subsidiary companies. One of the subsidiaries is Amazon Web Services. Amazon Web Services are the hand of Amazon.
Amazon has a reputation as an aggressive player in technological innovations. It also reinvests its profits into capital expenditures. As of 2023, it is the world's largest online retailer. It is also the world's biggest marketplace, smart speaker provider, and cloud computing service provider. It provides cloud service through Amazon Web Service.
They also have a live streaming platform called Twitch. Twitch is a big competitor of YouTube.
Amazon purchased the Whole Foods supermarket group in 2017. It is the leading IT companies in Bangladesh and e-retailer in the United States, with approximately US$178 billion in revenue in 2017 and over 300 million active customers worldwide.
Amazon saw significant growth during COVID-19, hiring more than 100,000 staff in the United States and Canada.
IBM, also known as International Business Machines Corporation, it is a renowned IT company in Bangladesh. It was founded on June 16, 1911. Its headquarters are in Orchard Par Armonk, New York, United States, and it operates in 177 countries.
IBM developed and manufactured the Saturn V's Instrument Unit and Apollo spacecraft guidance computers. On April 7, 1964, IBM launched its first computer, the IBM 360. President Barack Obama awarded IBM the National Medal of Technology and Innovation.
IBM is the largest industrial research company in the world. It has 19 research facilities across many countries and held the record for the most annual U.S. patents generated by a business for 29 straight years from 1993 to 2021.
Spectrum, also known as Spectrum Engineering Consortium Pvt Ltd., is one of the largest IT companies in Bangladesh. It believes in delivering quality services and has played a significant role in developing Bangladesh's infrastructure for the past twenty years.
Spectrum has 800+ current clients locally and globally. It has good partnerships with Oracle, Microsoft, Cisco, Emerson, VMware, NetApp, Genabnd, etc. Spectrum has an extensive portfolio in the global arena.
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In the past 26 years, Southtech Group has grown from a small software company in Dhaka with only 4 employees to a family of over 90 employees. Southtech's growth is an example of true entrepreneurship and passion for working towards the interests of humanity.
We understand that every business is different, and their software needs are different, too. Keeping this in mind, we have built a service that can be transformed to meet all your requirements. Our dedication and passion for excellence in software development have made us a leading software company.
Infosys Limited is an Indian tech company that offers consultancy, IT services, and outsourcing services. The company was founded in Pune on July 2, 1981. Seven friends founded the company. They started with an initial capital of two fifty dollars. Later, the company changed its headquarters to be in Bangalore.
The company changed its name to Infosys Technologies Limited from Infosys Technologies Private Limited. Later, in 2011, they renamed the company Infosys Limited.
They went public in February 1993. Their IPO was undersubscribed, but after talking to Morgan Stanley, I found that it was fully subscribed.
Infosys achieved its first 10 million dollar revenue in 1995. One hundred million dollars in revenue in 1999. One billion dollars in revenue in 2004. Ten billion dollars in revenue in 2017. Eighteen billion dollars in 2023.
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Microsoft is known as Microsoft Corporation. It was founded on April 4 1975, and is known for its Windows operating system. Bill Gates and Paul Allen established the company.
When the company was listed on the NASDAQ stock exchange, it created three billionaires and 12,000 millionaires. It all happened in 1986. In May 2011, they acquired Skype for 8.5 billion dollars. In March 2022, they acquired Nuance Technology for 16 billion dollars. Later, they acquired LinkedIn for 26.2 billion in December 2016.
In 2018, Microsoft became the world's most valuable IT company, beating Apple. In 2019, it became a trillion-dollar company.
Cognizant was established in Chennai in 1994. Its original name is Cognizant Technology Solutions Corporation. Cognizant is an American IT services firm that also provides consultancy services.
Its headquarters are in New Jersey, US. The company has more than 347,700 employees, 254,000 of whom are in India. Cognizant hires the most MBAs in the country and uses them as business analysts for its IT services.
In 2015, it was named the fourth most admired company in the world. In 2017, it was named one of the Fortune 50's future companies.
In 2021, Cognizant was the title sponsor for Aston Martin and became the sponsor of a significant cricket league. Cognizant is considered to be one of the best IT companies in Bangladesh.
Tech Mahindra was started as a joint venture. The company had a 60:40 partnership with BT Group. The joint venture name was Mahindra British Telecom (MBT). In 2006, MBT renamed itself Tech Mahindra. In the same year, they filed for an IPO, to which they successfully subscribed.
In September 2019, tech Mahindra acquired BORN Group at a 95 million valuation.
It was an all-cash deal. The company ranks fifth among the ten largest IT companies in India. Overall, Tech Mahindra secured 47th place in the Fortune 500 list.
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Wipro was established on December 19, 1945, as a cooking oil manufacturer. After Aziz Prem Ji's father died, he took over the company at the age of 21. In the 1990s, Wipro became the leading company in the computer range in India.
In the 1980s, Wipro started its IT operations and developed India's first minicomputer. In 1998, the company became India's second-largest software exporter. They shifted their model to high-margin software products, which later contributed to most of Wipro's profits.
With the dot-com boom, Wipro became India's most valuable company, valued three times the value of the next company. Aziz Premji remained the wealthiest person in the country for five consecutive years.
In conclusion, Bangladesh's IT sector is rapidly evolving, with top companies driving innovation and economic growth. These firms not only enhance technological capabilities but also create numerous job opportunities, positioning the country as a competitive player in the global IT landscape. The future looks promising for Bangladesh's tech industry.
The top IT Companies in Bangladesh are:
There are more than 4,500 IT/ITES companies situated in Bangladesh.
There are more than 625+ tech companies are located in Bangladesh.
Smart Technologies (BD) Limited is the biggest IT distributor in Bangladesh.
Bangladesh is a country in the South Asian region. Its official name is the People's Republic of Bangladesh.
Bangladesh is the eighth-most populous country in the world. It shares its borders with India and Myanmar. Dhaka is the capital and the largest city in the country. It is the nation's political, financial, and cultural centre. Chittagong is the second-largest city and the busiest port in the country.
The official language is Bengali, with Bangladeshi English used by the government of Bangladesh. The country consists of eight States, a total of 74 districts, and 496 sub-districts as well. It has the largest mangrove forest in the world.
Bangladesh is the second largest economy in Southern Asia after India. It has the highest per capita income in South Asia. The national currency of Bangladesh is the Bangladeshi taka.
The service sector contributes about 51.3% of the total GDP and employs 39% of the workforce. The industrial sector contributes 35.1% of the GDP and employs 20.4% of the workforce. The agriculture sector contributes 13.6% of the economy but provides the highest employment rate, with 40.6% of the workforce employed. The significant byproducts of the agriculture sector are rice, fish, tea, fruits, vegetables, flowers, and jute. Bangladesh is well known for exporting lobsters and shrimp.
The private sector Contributes 80% of GDP compared to state-owned companies. Family-owned businesses and small and medium-sized businesses dominate Bangladesh's economy. Some of the largest publicly traded companies in Bangladesh include Beximo, BRAC Bank, BSRM, GPH Ispat, Grameenphone, Summit Group, and Square Pharmaceuticals.
There are two major stock exchanges in Bangladesh: the Dhaka Stock Exchange and the Chittagong Stock Exchange. Its telecommunications industry is one of the world's fastest-growing industries, with 172 million cellphone subscribers as of January 2021. Over 80% of Bangladesh's export profit comes from the garment industry.
Other significant industries in Bangladesh are shipbuilding, pharmaceuticals, steel, ceramics, electronics, and leather goods.
According to the Census of 2022, Bangladesh has a population of 165.1 million. It has secured eighth rank in the list of most populous countries in the world.
Fifth in the list of most populous countries in the world, with a population of 1,265 people per square km as of 2020. Its fertility rate, once 5.5 in 1985 (the highest in the world), has experienced a dramatic decline, from 3.7 in 1995 down to 2.0 in 2020.
It is now less than the sub-replacement fertility of 2.1. 39% of the total Bangladeshi population lives in urban areas, and the majority lives in rural areas. It has an average age of 28 years, with 26% of the total population aged below 14 and only 5% aged 65 and above.
This article features a selection of leading IT companies located in Bangladesh along with their services and contact information.
TCS is also known as Tata Consultancy Services. It is an Indian IT service and consulting company headquartered in Mumbai. It is the second most valuable company in India. In 2024, TCS ranked seventh in the Fortune 500 list of Indian companies. In September 2021, TCS became the first Indian company to cross a 200-billion-dollar market cap. In 2024, parent company Tata Sons owned 71% of TCS, and 80% of Tata Sons' income came from TCS.
Tata Consultancy Services Limited, known initially as Tata Computer Systems, was launched in 1968 by Tata Sons. The first few orders were received from its sister company, Tata Steel, also known as Tisco. In 1975, TCS made an electronic deposit machine and trading system for SIS SegaInterSettle.
It also developed a system for the Canadian Depository System and automated the stock exchange. TCS also partnered with the Swiss company TKS Teknosoft. Later, they bought 100% equity in it.
On October 8, 2020, TCS became the most valuable IT company in the world. They surpassed Accenture in terms of market capitalization. On the same day, they also became the most valuable company in India, overtaking Reliance Industries. TCS is known to be the best IT companies in Bangladesh.
Bonus Read: The Top 10 IT Companies in Germany Shaping the Future
Amazon was founded on July 5, 1994, by Jeff Bezos. Initially, the company operated as an online bookstore. Later, they shifted to the e-commerce model. Amazon is the world's biggest online store. Amazon has multiple subsidiary companies. One of the subsidiaries is Amazon Web Services. Amazon Web Services are the hand of Amazon.
Amazon has a reputation as an aggressive player in technological innovations. It also reinvests its profits into capital expenditures. As of 2023, it is the world's largest online retailer. It is also the world's biggest marketplace, smart speaker provider, and cloud computing service provider. It provides cloud service through Amazon Web Service.
They also have a live streaming platform called Twitch. Twitch is a big competitor of YouTube.
Amazon purchased the Whole Foods supermarket group in 2017. It is the leading IT companies in Bangladesh and e-retailer in the United States, with approximately US$178 billion in revenue in 2017 and over 300 million active customers worldwide.
Amazon saw significant growth during COVID-19, hiring more than 100,000 staff in the United States and Canada.
IBM, also known as International Business Machines Corporation, it is a renowned IT company in Bangladesh. It was founded on June 16, 1911. Its headquarters are in Orchard Par Armonk, New York, United States, and it operates in 177 countries.
IBM developed and manufactured the Saturn V's Instrument Unit and Apollo spacecraft guidance computers. On April 7, 1964, IBM launched its first computer, the IBM 360. President Barack Obama awarded IBM the National Medal of Technology and Innovation.
IBM is the largest industrial research company in the world. It has 19 research facilities across many countries and held the record for the most annual U.S. patents generated by a business for 29 straight years from 1993 to 2021.
Spectrum, also known as Spectrum Engineering Consortium Pvt Ltd., is one of the largest IT companies in Bangladesh. It believes in delivering quality services and has played a significant role in developing Bangladesh's infrastructure for the past twenty years.
Spectrum has 800+ current clients locally and globally. It has good partnerships with Oracle, Microsoft, Cisco, Emerson, VMware, NetApp, Genabnd, etc. Spectrum has an extensive portfolio in the global arena.
In the past 26 years, Southtech Group has grown from a small software company in Dhaka with only 4 employees to a family of over 90 employees. Southtech's growth is an example of true entrepreneurship and passion for working towards the interests of humanity.
We understand that every business is different, and their software needs are different, too. Keeping this in mind, we have built a service that can be transformed to meet all your requirements. Our dedication and passion for excellence in software development have made us a leading software company.
Infosys Limited is an Indian tech company that offers consultancy, IT services, and outsourcing services. The company was founded in Pune on July 2, 1981. Seven friends founded the company. They started with an initial capital of two fifty dollars. Later, the company changed its headquarters to be in Bangalore.
The company changed its name to Infosys Technologies Limited from Infosys Technologies Private Limited. Later, in 2011, they renamed the company Infosys Limited.
They went public in February 1993. Their IPO was undersubscribed, but after talking to Morgan Stanley, I found that it was fully subscribed.
Infosys achieved its first 10 million dollar revenue in 1995. One hundred million dollars in revenue in 1999. One billion dollars in revenue in 2004. Ten billion dollars in revenue in 2017. Eighteen billion dollars in 2023.
Microsoft is known as Microsoft Corporation. It was founded on April 4 1975, and is known for its Windows operating system. Bill Gates and Paul Allen established the company.
When the company was listed on the NASDAQ stock exchange, it created three billionaires and 12,000 millionaires. It all happened in 1986. In May 2011, they acquired Skype for 8.5 billion dollars. In March 2022, they acquired Nuance Technology for 16 billion dollars. Later, they acquired LinkedIn for 26.2 billion in December 2016.
In 2018, Microsoft became the world's most valuable IT company, beating Apple. In 2019, it became a trillion-dollar company.
Cognizant was established in Chennai in 1994. Its original name is Cognizant Technology Solutions Corporation. Cognizant is an American IT services firm that also provides consultancy services.
Its headquarters are in New Jersey, US. The company has more than 347,700 employees, 254,000 of whom are in India. Cognizant hires the most MBAs in the country and uses them as business analysts for its IT services.
In 2015, it was named the fourth most admired company in the world. In 2017, it was named one of the Fortune 50's future companies.
In 2021, Cognizant was the title sponsor for Aston Martin and became the sponsor of a significant cricket league. Cognizant is considered to be one of the best IT companies in Bangladesh.
Tech Mahindra was started as a joint venture. The company had a 60:40 partnership with BT Group. The joint venture name was Mahindra British Telecom (MBT). In 2006, MBT renamed itself Tech Mahindra. In the same year, they filed for an IPO, to which they successfully subscribed.
In September 2019, tech Mahindra acquired BORN Group at a 95 million valuation.
It was an all-cash deal. The company ranks fifth among the ten largest IT companies in India. Overall, Tech Mahindra secured 47th place in the Fortune 500 list.
Wipro was established on December 19, 1945, as a cooking oil manufacturer. After Aziz Prem Ji's father died, he took over the company at the age of 21. In the 1990s, Wipro became the leading company in the computer range in India.
In the 1980s, Wipro started its IT operations and developed India's first minicomputer. In 1998, the company became India's second-largest software exporter. They shifted their model to high-margin software products, which later contributed to most of Wipro's profits.
With the dot-com boom, Wipro became India's most valuable company, valued three times the value of the next company. Aziz Premji remained the wealthiest person in the country for five consecutive years.
In conclusion, Bangladesh's IT sector is rapidly evolving, with top companies driving innovation and economic growth. These firms not only enhance technological capabilities but also create numerous job opportunities, positioning the country as a competitive player in the global IT landscape. The future looks promising for Bangladesh's tech industry.
The top IT Companies in Bangladesh are:
There are more than 4,500 IT/ITES companies situated in Bangladesh.
There are more than 625+ tech companies are located in Bangladesh.
Smart Technologies (BD) Limited is the biggest IT distributor in Bangladesh.
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