রবিবার, ৮ই ডিসেম্বর, ২০১৯ ইং ২৩শে অগ্রহায়ণ, ১৪২৬ বঙ্গাব্দ

Digital economy and its influence about shaping the country

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Digitization is the process of changing from analog to digital form, also known as digital enablement. Put it differently, digitization takes an analog process and changes it to a digital form without any different-in-kind changes to the process itself.

The Fourth Industrial Revolution is underway, and it is shaping up some of the most significant opportunities and challenges of our lifetime. The surging high-tech sharing economy is transforming jobs, policies, industries, and entire economies as we witness our digital and physical worlds continue to merge.Due to the advancement of fast digitalization, Bangladesh like other developing countries put emphasis on being more concentrate about digital economy: a global marketplace for digital outsourcing.

Freelancing jobs include everything from software development to web design, tax preparation, ,search engine optimization, consulting service, sales/marketing support, content writing/translation etc. This has generated a wide range of new opportunities for people in emerging markets that did not previously exist. Asia has become the number-one region for providing outsourcing services to the rest of the world.

Freelancing has become a popular career option for many Bangladeshi people, offering a new and flexible source of income that suits their lifestyles.

The rapid digitalization of Bangladesh – including easy internet access in urban areas and government and non-government initiatives to promote freelancing – has contributed to the recent growth of this way of working.

Different estimates put the number of freelancers in the country to be around 650,000. Export earnings from software and information technology enabled services in Bangladesh increased to $800 million in 2017 from $400 million in 2014. The government aims to increase it to over $1 billion by this year and $5 billion by 2021.

Bangladesh is already the second largest country in supplying online labour, according to the Oxford Internet Institute (OII).

Md MEHEDI HASAN BHUIYAN
GM, Robi Axiata Ltd.