In Southeast Asia, two countries naming Bangladesh and India are offering top-notch services. That meet global standards. India has become one of the favorite destinations for many companies for outsourcing work. But, Bangladesh ranks first when it comes to cost competitiveness.
However, is it just about the price? Of Course not! A lot of other things matter as well. Let’s go through this whole scenario. Above all, the whole process can open a huge income source for our country. In fact, it already is a big part of our economy. In addition, With “work from home” being famous day by day, it is increasing.
However, Bangladesh has about 500,000 active freelancers. According to the Oxford Internet Institute (OII). Therefore, it is currently the best supplier for sales and marketing support services. So, the amount is very competitive. The future of this industry in Bangladesh is bright. However, a coin has two side. Above all, we need a balance for it.
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Aside from that, there is huge growth in IT services as well. In addition, various Bangladeshi companies are now able to provide services of outsourcing work. Like app and software development, database management, cloud services, web and mobile app development etc. The variety here is the strength. Today, clients want to hire someone with multiple skills. They want more work with limited communication. that is the reason why virtual work is famous now. In fact, that is the future. We need to believe that.
16% of the global demand is fulfilled by various Bangladeshi companies and freelancers. After that, in 2017 Bangladesh’s outsourcing work brought in export revenue of $800 million. That around $5 BILLION! Yes, you heard it right. Numbers don’t lie. This is a clear indication that times are changing.
This is because even the government is helping various IT companies and freelancers. Not everyone is an expert. But, some need proper training. So, government is providing proper training programs. And the bonding with foreign companies. Because communication is the basis. With it, working together is difficult. This is same for all countries.
Countries like Japan, the Netherlands, and Germany have heavily invested in Bangladeshi IT services for quite a long time. They are gaining good experiences. Thanks to the work. Delegates from the Netherlands even wanted Bangladesh to be a hub for their IT outsourcing work. That shows that how Bangladesh has reached international standards in these couple of years. And how its outsourcing benefits other countries as well. This is an inspiration. In every way. This is an everyday work in our country now. High-speed internet is making things easier. The future is dependent on this nature of work, mostly.
Quality- virtual employees
The German market is very sensitive about quality. And transparent communication. But, despite that, Bangladesh has been able to meet all their demands successfully. That is through outsourcing work. And have been working for them for a long time. The art of selling is increasing in this way as well. Because, to some extent, it is about selling the skills by working for clients. To be exact, for the RIGHT clients. Because the nature and need of every client is different. Above all, the demands are different as well.
But even Bangladesh has its problems. Language barriers, formal training, and management are a few problems Bangladeshi companies and freelancers face. Due to a lot of profitable opportunities, a lot of people enter the market place. Without a proper skill set. This is a drawback. But, every problem has a solution. A bit of training, maturity and communication skill will change the game. For good. With fast internet, anyone can learn anything. For instance, they just need the patience and hard work. For their improvement in teh long run.
The lack of skill sets of a few sometimes creates a bad reputation among the client base. For other freelancers alike. Although everyone is not the same, in any place and situation. Considering this fact many organizations are coming forward. To help the freelance and outsourcing community grow. Because the potential here is quite big. It can create be a great source of revenue, for our country. It just needs proper handling.
For instance, various companies are also offering virtual employees to foreign countries. To work full-time jobs. They are impressed by the dedication, no doubt. A virtual employee does the same amount of work. But does not have to go to the physical office. This helps both parties. Today, we call this “work from home“. This is becoming productive day by day. People are learning to adjust. Their efficiency is going up. Day by day.
University students are also getting the outsourcing benefits. This helps greatly reduce language barriers. Also, helping them to earn. As well-educated students are better at communicating with foreigners. This makes the whole process easier. Because, communication is the key. Specially if it’s virtual.
Like we mentioned earlier even the government has pitched in. Bangladesh is getting closer to its “5 billion dreams”.
Many companies are working hard to further enhance Bangladesh’s reputation in outsourcing. Things are improving constantly. One such company is Riseup Labs. Riseup Labs has been actively working for 10 years. And has provided all sorts of digital services. Their main focus is Web, Mobile, XR, and Simulator technologies which include AR, VR, MR, and XR. They are also expert in web development, animation, and even game development.
The company has even worked with an international brand like UNICEF. And has outsourced consultancy and IT enabling services. For international clients. With such an amazing portfolio, Riseup Labs has certainly reached global standards. And is creating a platform where many other Bangladeshi companies can enter. This is creating a chain.
So if you want to work with one of the fastest-growing IT service providers in Bangladesh that meet international standards, contact right now. IN addition, you can visit the website as well, to learn more about them.