Technology giant Cisco at a press conference made announcement of doubling manpower here to expand footprint and serve more local customers.
Cisco has taken this latest move to bolster Bangladesh’s digital foundation as well as contribute to materializing government’s Digital Bangladesh campaign, said Sudhir Nayar, Managing Director, Cisco SAARC in a city hotel.
“Increasing internet penetration, coupled with the rising adoption of mobile devices, proliferation of data, and improving quality of connectivity, is breaking geographical market barriers for businesses and rapidly transitioning Bangladesh into a digital economy,” he added.
Nayar said, “Cisco has been associated with Bangladesh for more than two decades now, and together we have seen the positive impact that digitization brings.”
To facilitate digitization of businesses and help them serve global customers, Cisco has introduced products specifically designed for small and medium enterprises that provide them access to simple, secure, and smart enterprise-class technologies.
These products are helping SMEs enhance their operations, processes, and services to reduce costs, as well as improve workforce productivity. Cisco is also expanding its partner capabilities and opened a depot in Dhaka to serve local customers faster and better.
According to the Bangladesh Association of Software and Information Services (BASIS), Bangladesh’s ICT product exports contributed $ 1 billion to the economy in 2018, which is expected to rise to $ 5 billion by 2021.
In order to accelerate Bangladesh’s transformation into a knowledge-based economy, Cisco has set up 15 Networking Academies across the country to train students in new-age technologies. Already 38,000 students have been trained in Bangladesh, and the number is expected to reach 50,000 by the end of 2020.
Sudhir Nayar said, “It is now time to capitalize on the progress made and double down on digitization efforts in the country, and Cisco is committed to working with the government, businesses, academic institutions, and partners to bring the benefits of digitization to every citizen.”