Technology Research Paper

Technology Research Paper-24
The relatively small number of software companies shows that this branch of the market has not yet fully exploited its potential, being a “late entrant to the ICT sector” (Cent OS, n.d.).

The relatively small number of software companies shows that this branch of the market has not yet fully exploited its potential, being a “late entrant to the ICT sector” (Cent OS, n.d.).The demand for software development comes predominantly from the corporate market, and therefore, the most developed output is database related.The development of this sector is expected to support growth, replacing the production of raw materials with high technologies that allow rapid progress and advancement to the role of one of the world’s leading areas.

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Possessing many advantages that can drive the development of the sector, the nation can reap benefits of advancement in a relatively short term.

The beginning of the national industry can be defined in 1964 when the Bangladesh Atomic Commission was the first establishment to use computers.

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The nation’s advantages are “the unleashed English speaking youth force, skilled professionals working abroad, universities and other educational institutions turning out huge numbers of ICT graduates, a substantial number of ICT graduates studying abroad, and skilled workforce available at most competitive wages” (Cent OS, n.d.).

Although the BASIS notes some constraints in the current supply of IT graduates for the local industry, the association also notes that the remarkable increase in enrollment in IT-oriented university programs promises great improvements in the availability of qualified workforce.

It was not until the 1990s that reduced price on personal computers made the use of ICT more accessible to the wide public.

Given Bangladesh’s low-income level, it required several more years until the government’s decision to remove taxes on hardware and accessories and a general decline in global PC prices triggered an explosion in their proliferation.

Increasing the pace of globalization, this trend opened new opportunities not only for developed nations but also for improving ones as the costs of ICT technologies decrease.

Mansell & Wehn (1998) note that “the increasing spread of ICTs opens up new opportunities for developing countries to harness these technologies and services to serve their development goals.” India is the most frequently cited case of explosive growth in ICT sector.

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