Impact of Covid 19 on the software industry: a study on M2SYS technology

Abstract

The preparation of this report was done to pass the MBA program of BRAC University. This study has been done to see how COVID19 has impacted the software industry, particularly in Bangladesh, with a focus on M2SYS Technology. M2SYS Technology is a software as a service and biometrics company based in Atlanta, Georgia, which provides high quality business software and identification solution to its clients across the globe. I have been working here as a Digital Marketing Analyst since April 2021. Due to the outbreak, M2SYS technologies has had to adapt to changing situations like numerous countries around the globe. I have talked with the CEO of the Company based in Atlanta, and also the Marketing Head of M2SYS Technology to understand the impediments that M2SYS is encountering due to the pandemic. Other executives of my company and global workers have been interviewed to understand the situation. The literature review has been formed by understanding the impact of COVI19 on IT companies around the world, and also on Bangladesh. I have myself made deductions based on my experience of working across IT companies in Bangladesh throughout my career. To conclude, I have accumulated my findings on the impact of COVID19 in the software industry. The industry has been badly affected by the pandemic, especially startups.