Analysis on sales and marketing activities of Techson Valley Limited
Abstract
IT enables easy and fast access to the information, which is essential for a country's development. Globally, large IT companies are sprouting up, and governments are expanding and bolstering their IT sectors through the establishment of IT infrastructure. Asian countries are also contributing to the boom by fostering an environment conducive to investment by global IT companies. Existing colossi including Microsoft, Apple, and Samsung are investing heavily in Asian developing economies of the reduced prices. Bangladesh, with its enormous untapped labor force (cheaper than India, Malaysia, and China), can also benefit from these efforts if a well-developed overseas investment platform with a countrywide information technology network and qualified workforce is established.
The purpose is to construct on the RMG sector's success in creating billions of employment, largely in low-skill/low-wage vocations, and trillion in foreign cash by considerably increasing higher-skill IT professions to attract consumers and billions in foreign money, so enhancing Bangladesh's economy. This might also result in the establishment of high-paying jobs, which would inspire foreign-trained Bangladeshis to remain (overturning the brain drain), assist to research and development, and aid in luring foreign companies. In opposed to the Garment industry, which is more susceptible to lower-cost locales in Africa and Asia, the IT business employs more skilled individuals, pays more, and has a greater growth potential. Increased revenue will be produced as a result of the professionalization of the industry, which will encourage customers to pursue higher education/IT training. Exporting IT labor might also generate significant revenue for Bangladesh.