Good News From Bangladesh

ERP software ‘leading surge in Bangladesh IT spending’

Enterprise resource planning (ERP) software is one of the most popular investments in Bangladesh’s thriving IT sector, where overall spending is considerably up in recent years.

New research by market intelligence firm AMI-Partners has found that the 220,000 businesses in the Asian country that own PCs have increased their expenditure when it comes to computing solutions in the last two to three years.

It identified ERP software as one of the key drivers of this, describing it as having enjoyed “drastic growth”.

Medium-sized enterprises and large organisations are responsible for about 45 per cent of all IT spending, despite only making up 2.5 per cent of the total number of companies.

Somnath Das, assistant research manager at AMI-Partners, said: “Business integration software such as ERP enables Bangladesh’s medium and large businesses to view results of multiple group companies in a dashboard-like manner.”

Leading ERP software provider SAP recently announced it is to make a $2 billion (£1.25 billion) investment in another Asian nation – China – over the coming years.

Posted by Victoria BrowneADNFCR-2732-ID-801219149-ADNFCR, S: http://www.codestone.net/news/story/erp-software-leading-surge-in-bangladesh-it-spending/801219149/

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