The software industry plays a crucial role in the global market, contributing significantly to economic growth and innovation. Bangladesh, a thriving country in South Asia, has emerged as a promising hub for software development and IT services. In this article, we will explore the demand for software in the global market, the impact of the software industry in the 4th industrial era, the current state of the software industry in Bangladesh, the criteria for selecting the top 30 best Software and IT companies, and unveil the top 10 software companies in Bangladesh. Additionally, we will discuss the future of the software industry in this nation.
Demand for Software in the Global Market
As technology continues to advance, the demand for software solutions has skyrocketed in the global market. Organizations across various industries require software applications to streamline their operations, enhance productivity, and gain a competitive edge. From healthcare and finance to manufacturing and e-commerce, software has become an indispensable tool. As a result, software companies are witnessing a surge in demand for their services, paving the way for growth and innovation.
How the Software Industry Creating Impact in 4th Industrial Era
The 4th industrial era, characterized by automation, artificial intelligence (AI), and the Internet of Things (IoT), has revolutionized the way businesses operate. The software industry plays a pivotal role in this era by developing and deploying cutting-edge solutions that drive digital transformation. Software applications powered by AI and machine learning have the ability to analyze vast amounts of data, automate processes, and enable predictive analytics. This creates new opportunities for businesses to optimize their operations, improve customer experiences, and unlock innovative business models.
Present Condition of the Software Industry in Bangladesh
Bangladesh, with its talented pool of software engineers and favorable business environment, has witnessed remarkable growth in its software industry. The government has been proactive in fostering a conducive ecosystem for technology companies, offering various incentives and support. This has attracted both local and international investors, leading to the establishment of numerous software companies in the country. The present condition of the software industry in Bangladesh is thriving, with significant contributions to the national economy through exports and job creation.
The software industry in Bangladesh has witnessed remarkable growth since its inception in the ’90s. According to the official website of the Bangladesh Association of Software and Information Services (BASIS), the thriving technology landscape is home to over 2300+ registered software and IT firms. There are more than 2500+ registered and non-registered software and IT companies in Bangladesh.
With a current market value surpassing 2 billion US dollars, the software industry has emerged as a driving force behind Bangladesh’s economic growth. The direct and indirect contributions of these software companies have helped enhance the country’s GDP by creating employment opportunities, boosting exports, and attracting foreign investment. The software and IT industry can beat the garment & apparel industry. Experts predict that it will exceed 5 billion US dollars by 2030.
Top 10 Best Software Companies in Bangladesh in 2023
I think you eagerly want to know who are the top 10 best software companies in Bangladesh in 2023. Let’s see which companies are the best software companies of 2023 and how they achieved this position among 2500+ companies we will discuss the criteria and details below.
- Datasoft Systems Bangladesh Limited
- Brain Station 23 Ltd.
- TigerIT Bangladesh Ltd.
- LeadSoft Bangladesh Limited
- REVE Systems
- Southtech Limited
- BJIT Limited
- Enosis Solutions
- Therap (BD) Ltd.
- Kaz Software
Criteria for Selecting Top Software & IT Companies
Selecting the top software & IT companies requires a thorough evaluation based on several criteria. These criteria include:
- Technology Expertise
- Capability
- Leaders
- Environment
- Salary
- Employee
- Experience
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Top 30 Best Software and IT Companies in Bangladesh in 2023
1. Datasoft Systems Bangladesh Limited
Datasoft Systems Bangladesh Limited is a CMMI level 5 software company and has been the best software company in Bangladesh since 1992. They are renowned for their expertise in enterprise software solutions, with a focus on core banking, microfinance, and mobile banking software.
They have a highly skilled team of professionals delivering innovative solutions to clients in both local and international markets. Datasoft’s commitment to excellence and customer satisfaction has earned them a stellar reputation.
- Managing Director: Mahboob Zaman, DU
- CMMI Level 5 Software Company & ISO Certified
- Employees: 400+
- Website: Datasoft Systems Bangladesh Limited
- Location: Rupayan Shelford (20th Floor), 23/6, Mirpur Road, Shyamoli, Dhaka-1207, Bangladesh.
2. Brain Station 23 Ltd.
Brain Station 23 Ltd. is one of the best software development companies in Bangladesh with more than 600+ employees that offers a wide range of IT services, including web and mobile app development, e-commerce solutions, and cloud-based software. They have a talented team dedicated to delivering customized solutions aligned with the client’s business objectives.
Brain Station 23 Ltd. is known for its ability to turn complex requirements into user-friendly and scalable software solutions. Brainstation 23 offers services to nations including the United States, United Kingdom, Netherlands, Denmark, Norway, Sweden, Germany, Canada, Switzerland, Turkey, and the Middle East, among others.
- Co-Founder & CEO: Raisul Kabir, BUET
- Achievement: 8 Times Basis Award Winner for Outsourcing
- Employees: 700+
- Working Sector: Fin-Tech, Real-Estate, Transport, many more!
- Website: Brain Station 23 Ltd.
- Location: 4th & 8th Floor, 2 Bir Uttam AK Khandakar Road, Mohakhali C/A, Dhaka 1212, Bangladesh; 3rd Floor, Mirpur DOHS Cultural Centre, Road 9, Mirpur DOHS, Dhaka 1216, Bangladesh
3. TigerIT Bangladesh Ltd.
TigerIT Bangladesh Ltd. specializes in cutting-edge solutions for identity management, e-governance, and secure document management. With a strong focus on research and development, they continuously innovate to provide secure and reliable software solutions.
TigerIT’s commitment to data security and customer satisfaction has made them a trusted partner for governments and organizations worldwide.
- CEO: Mr. Ziaur Rahman
- AFIS-certified NIST
- Established: 2000
- Employees: 280+
- Website: TigerIT Bangladesh Ltd.
- Location: House 21, Road 28, Block-K, Banani Model Town Dhaka, 1213
4. LeadSoft Bangladesh Limited
LeadSoft Bangladesh Limited is a leading provider of enterprise software solutions, including ERP systems, HR management software, and document management solutions. LeadSoft Bangladesh Limited is a subsidiary of Leads Corporation Limited.
They have a team of dedicated professionals who work closely with clients to understand their unique requirements and deliver customized solutions.
LeadSoft Bangladesh Limited’s commitment to quality and customer-centric approach sets them apart in the software industry. Nearly 100+ clients at more than 500+ sites in Bangladesh, Japan, Denmark, and Norway have been served by LeadSoft’s software products and services.
- Director & CEO: Mr. Shaikh Abdul Wahid
- CMMI LEVEL 5 and ISO Certified Software Company
- Established: 1999
- Experience: 23 Years
- Employees: 300+
- Working Sector: Banking Solution, Fintech, Pharmaceuticals, IoT, AI, Blockchain, ERP, etc.
- Website: LeadSoft Bangladesh Limited
- Location: LEADS Tower, M-20, Main Road 1, Section 14, Mirpur, Dhaka 1206, Bangladesh
5. REVE Systems
REVE Systems is a global player in the telecommunication and software industry, specializing in VoIP and IP communication solutions. With cutting-edge technology and a customer-focused approach, REVE Systems has gained a strong foothold in the international market.
Their software solutions enable businesses to enhance communication efficiency, reduce costs, and improve overall productivity.
- Founder and Group CEO: Rezaul Hassan, DU
- Established: 2003
- Employees: 300+
- Website: REVE Systems
- Location: REVE Centre, Plot-94, Purbachal Express Highway, Dumni, Khilkhet, Dhaka
6. Southtech Limited
Southtech Limited is CMMI level 5 and one of the best software companies in Bangladesh, offering comprehensive solutions for the banking, financial, and microfinance sectors.
With a deep understanding of the industry’s dynamics and regulatory requirements, they provide tailored software solutions that meet the specific needs of their clients.
Southtech Limited’s commitment to continuous innovation and customer satisfaction has earned them recognition as a top software company.
- Managing Director and CEO: Syed Mamnun Quader, City, University of London
- CMMI Level 5 Software Company & ISO Certified
- Established: 1996
- Employees: 120+
- Website: Southtech Limited
- Location: Hazi Komar Uddin Tower, 3rd Floor – West Side, 27, Ashkona, Dakshinkhan, Dhaka-1230
7. BJIT Limited
BJIT Limited, based in Dhaka, CMMI level 3, is a leading multinational software company in Bangladesh known for its cutting-edge solutions and innovative approach. With a skilled team of professionals, BJIT caters to clients both locally and internationally, delivering robust software products and services. The company’s commitment to excellence and customer satisfaction sets it apart from its competitors.
- Chairman and CEO: Akbar JM
- CMMI Level 3 Software Company
- Established: 2001 (Dhaka)
- Employees: 700+
- Website: BJIT Limited
- Location: H-2275, 2279, Pachkhula, Satarkul, Badda, Dhaka-1212, Bangladesh.
8. Enosis Solutions
Enosis Solutions is one of the top software companies in Bangladesh and is renowned for its expertise in software development and IT consulting services. They offer a wide range of services, including web and mobile app development, database management, and IT infrastructure solutions.
Enosis Solutions’ team of experienced professionals ensures the delivery of high-quality software solutions that align with clients’ business goals.
- Founder and CEO: Jishan Zakaria Shah, NSU
- Established: 2006
- Employees: 350+
- Website: Enosis Solutions
- Location: House 27, Road 8 Gulshan, Dhaka 1212 Bangladesh
9. Therap (BD) Ltd.
Therap (BD) Ltd. is a multinational software company in Bangladesh that offers innovative software solutions for healthcare providers, focusing on electronic health records, billing, and documentation.
With a strong emphasis on data security and compliance, Therap (BD) Ltd. provides trusted solutions to healthcare organizations globally. Their software enhances efficiency, accuracy, and collaboration in the healthcare industry.
- CEO: Richard Robbins
- Established: 2004
- Working Sector: Healthcare
- Employees: 250+
- Website: Therap (BD) Ltd.
- Location: House 47, Road 4, Block C, Banani, Dhaka-1213, Bangladesh & House 51, Road 4, Block C, Banani, Dhaka-1213, Bangladesh
10. Kaz Software
Kaz Software is known for its expertise in bespoke software development, web application development, and e-commerce solutions. With a focus on delivering user-friendly and scalable software, they have successfully served clients from various industries.
Kaz Software’s dedication to innovation, quality, and customer satisfaction has positioned them as a top software company in Bangladesh.
- Founder & CEO: Wahid Choudhury, University of London
- Established: 2004
- Employees: 100+
- Working Sector: Enterprises and startups
- Website: Kaz Software
- Location: 35/5 Shantinagar, Dhaka, Dhaka 1217, Bangladesh
11. Cefalo Bangladesh Ltd
Cefalo Bangladesh Ltd. is a Norway-based software company in Bangladesh that specializes in software development, IT consultancy, and IT-enabled services. They have a team of talented professionals who leverage their technical expertise to deliver cutting-edge solutions to clients worldwide.
Cefalo Bangladesh Ltd’s commitment to excellence and customer-centric approach has earned them recognition and trust from global clients. Celfalo is not only a multinational company in Bangladesh but also one of the highest-paying software companies in Bangladesh.
- CEO & Co-founder: Per Einar Myklebust, Nord-Trøndelag University College (HiNT)
- Managing Director: Ferdous Mahmud Shaon, BUET
- Established: 2010
- Employees: 200+
- Website: Cefalo Bangladesh Ltd
- Location: House: 12, Road: 12, Dhanmondi, Dhaka, Bangladesh.
12. Selise Platform
Selise Platform is a multinational software company in Bangladesh. The company focuses on delivering custom software development, digital transformation, and IT consulting services. With its customer-centric approach and a team of experienced professionals, Selise Platform has gained a reputation for providing high-quality solutions that meet diverse client requirements.
- Employees: 500+ (Global)
- Website: Selise Platform
- Location: Dhaka
13. WellDev Bangladesh Ltd.
WellDev Bangladesh Ltd. is a Switzerland-based software company in Dhaka that specializes in software development, web design, and mobile application development. The company’s expertise lies in building scalable and user-friendly solutions tailored to the unique needs of its clients. WellDev has successfully delivered projects across various industries, contributing to its recognition as one of the top software companies in Bangladesh. WellDev is one of the highest-paying software companies in Bangladesh.
- Employees: 150+ and 100+ from Bangladesh
- Working Sector: Real Estate, Financial Services, IT Services, E-Commerce, Entertainment, Transportation & Manufacturing, etc.
- Website: WellDev Bangladesh Ltd.
- Location: 25th Floor, Ahmed Tower, Kemal Ataturk Ave, Dhaka 1212
14. Apsis Solutions Ltd.
Apsis Solutions Ltd., based in Dhaka, is a software company that specializes in web development, mobile application development, and UI/UX design. The company’s team of skilled professionals leverages their expertise to deliver innovative and impactful solutions. Apsis Solutions’ commitment to client satisfaction and its ability to adapt to emerging technologies have positioned it as a trusted partner for businesses seeking software services.
- Established: 2011
- Employees: 190+
- Working Sector: FMCG, Banking, Financial, Supply chain and Telecom
- Website: Apsis Solutions Ltd.
- Location: Ahmed Tower, 30 Kemal Ataturk Ave, Dhaka 1213
15. Vivasoft Limited
Vivasoft Limited, based in Dhaka, is a prominent software company that offers a wide range of IT services. The company’s capabilities encompass web development, software testing, UI/UX design, and IT consulting. Vivasoft’s commitment to quality, timely delivery, and exceptional customer service has established it as a reliable choice for both local and international clients.
- Established: 2016
- Employees: 180+
- Website: Vivasoft Limited
- Location: Ahmed tower ( 11th and 16th Floor), Banani, Dhaka, Dhaka, DHAKA 1203, BD
16. Riseup Labs
Riseup Labs is a prominent software company that has made significant contributions to the gaming industry in Bangladesh. The company specializes in developing captivating and interactive mobile games, catering to a diverse audience. With a team of skilled developers and designers, Riseup Labs has gained recognition for its creativity and attention to detail in game development, making it a preferred choice for both local and international clients.
- Employees: 200+
- Website: Riseup Labs
- Location: Dhaka
17. Streams Tech Ltd.
Streams Tech Ltd., located in Dhaka, specializes in software development, mobile application development, and IT consulting services. The company’s focus on utilizing advanced technologies and its ability to adapt to changing market demands has contributed to its success. Streams Tech’s diverse portfolio and client-centric approach have made it a favorite choice among businesses seeking software solutions in Bangladesh.
- ISO-certified software company
- Employees: 90+
- Website: Streams Tech Ltd.
- Location: House No: 16, Suite: F4 & F3, Road No: 23/B, Banani, Dhaka, 1213
18. Ollyo (Known as JoomShaper)
Ollyo, based in Dhaka, is known for its expertise in building web application for businesses across various industries. Ollyo’s commitment to delivering tailored and efficient software has positioned it as a key player in the software industry of Bangladesh.
Ollyo started as JoomShaper and it is a renowned software company based in Dhaka, known for its expertise in Joomla extensions and templates. The company’s products empower website developers with powerful tools and resources, enabling them to create visually stunning and functional websites. JoomShaper’s dedication to enhancing the Joomla ecosystem and its commitment to customer support has earned it a prominent position in the software industry.
- Employees: 90+
- Website: Ollyo / JoomShaper
- Location: Dhaka
19. weDevs
weDevs is a top software company in Bangladesh renowned for its range of products and services that simplify and streamline business processes. The company primarily focuses on creating WordPress plugins and themes, offering solutions that empower businesses to enhance their online presence. weDevs’ dedication to delivering top-notch software solutions has earned it a loyal customer base locally and internationally.
- Employees: 80+
- Website: weDevs
- Location: Dhaka
20. Nascenia
Nascenia is a top software company in Dhaka that specializes in web and mobile application development. They specialize in Ruby on Rails.
The company’s focus on utilizing cutting-edge technologies and delivering user-friendly solutions has garnered it recognition in the industry. Nascenia’s skilled team of developers and designers ensures the delivery of high-quality software products that cater to the evolving needs of its clients.
- Employees: 60+
- ISO certified company
- 2 Times Basis Award Winner
- Website: Nascenia
- Location: Suite 4A, 4B & 6A, House – 6/14, Block – A, Lalmatia, Dhaka, 1207, BD
21. Monstarlab Bangladesh
Monstarlab Bangladesh, a subsidiary of the multinational software development company Monstarlab, is a major player in the software industry in Bangladesh. With expertise in areas such as mobile app development, AI, and automation, Monstarlab Bangladesh offers comprehensive solutions for businesses looking to leverage advanced technologies.
The company’s commitment to excellence and constant innovation has enabled it to forge successful partnerships with both local and international clients.
- Employees: 1400+ Global ; 80+ Bangladesh
- Website: Monstarlab Bangladesh
- Location: Dhaka
22. Kona Software Lab Limited
Kona Software Lab Limited is a software company known for its expertise in enterprise software development. It is an R&D center and the business wing of South Korean smart card industry pioneer, KONA I Co., Ltd. They provide customized software solutions that cater to the unique needs of businesses, enabling them to streamline their operations and maximize efficiency. Kona Software Lab Limited’s commitment to delivering high-quality software, on-time, and within budget has made them a popular choice among businesses in Bangladesh.
- Employees: 130+
- Website: Kona Software Lab Limited
- Location: Dhaka
23. ReliSource Technologies Ltd
ReliSource Technologies Ltd is an R&D center for US-based software company “ReliSource” that focuses on providing custom software solutions to businesses across various industries. With a strong commitment to quality and customer satisfaction, ReliSource Technologies has earned the trust of clients both locally and internationally. The company’s ability to understand clients’ unique requirements and deliver tailored solutions sets them apart in the competitive software market.
- Employees: 100+
- Website: ReliSource Technologies Ltd
- Location: Dhaka
24. MCC LTD (Subsidiary of NDE Infratech)
MCC Ltd subsidiary of NDE Infratech, is a software company that specializes in infrastructure and construction software solutions. They offer comprehensive software tools that aid in project management, cost estimation, and resource allocation for the construction industry.
NDE Infratech’s software solutions have played a crucial role in optimizing construction processes and enhancing productivity for numerous clients in Bangladesh.
- CMMI DEV 3 Software Company
- Website: MCC Ltd
- Employees: 50+
- Location: Dhaka
25. Dream71 Bangladesh Ltd
Dream71 Bangladesh Ltd is a leading software company in Bangladesh, specializing in delivering cutting-edge solutions for businesses across various sectors. With a focus on enhancing efficiency and driving growth, Dream71 offers a range of services, including software development, mobile application development, and IT consultancy. The company has built a strong reputation for its commitment to quality and innovation, making it a trusted partner for businesses seeking reliable software solutions.
- Employees: 70+
- Website: Dream71 Bangladesh Ltd
- Location: Dhaka
26. Mediasoft Data Systems Limited
Mediasoft Data Systems Limited is a software company that focuses on providing cutting-edge solutions for the healthcare industry. With a strong emphasis on research and development, the company offers state-of-the-art healthcare management systems, electronic medical records software, and other innovative solutions. Mediasoft’s commitment to revolutionizing the healthcare sector in Bangladesh has earned them accolades and trust from healthcare professionals and institutions across the country.
- Employees: 50+
- Website: Mediasoft Data Systems Limited
- Location: Dhaka
27. WPDeveloper
WPDeveloper stands out as a leading software company specializing in WordPress plugins and themes. They offer a range of user-friendly and feature-rich products that enhance the functionality and aesthetics of WordPress websites.
WPDeveloper has gained popularity among web developers and website owners, earning a reputation for their meticulous craftsmanship and commitment to customer satisfaction.
- Employees: 50+
- Website: WPDeveloper
- Location: Dhaka
28. XpeedStudio
XpeedStudio is a software company that focuses on WordPress Theme and Plugin development. They cater to a wide range of clients, from small businesses to large enterprises, providing them with fully customized and visually appealing websites.
With a team of skilled designers and developers, XpeedStudio ensures that every website they deliver is optimized for performance and user experience.
- Employees: 50+
- Website: XpeedStudio
- Location: Dhaka
29. Astha.IT
Astha.IT is a software company that focuses on providing IT solutions and services to businesses of all sizes. From web development to software testing and IT consulting, Astha.IT offers a range of services that cater to the diverse needs of its clients. With a team of skilled professionals, Astha.IT has earned a reputation for reliability, technical expertise, and the ability to deliver tailored solutions.
- ISO-certified Software Company
- Employees: 60+
- Working Sector: FinTech, EdTech, Retail, Web3, etc.
- Website: Astha.IT
- Location: Dhaka
30. Softineers
Softineers is one of the best offshore software development companies in Bangladesh known for its expertise in web development and web application development. They offer development of ERP, POS, Web Application, Mobile Application, Desktop Software, Blockchain, AI, etc.
With a team of talented engineers and data scientists, Softineers leverages these cutting-edge technologies to create intelligent software solutions that optimize business processes and drive strategic decision-making.
- Founder & CEO: Ataul Karim, UIU & IU
- Established: 2022
- Working Sector: Enterprises and Startups
- Website: Softineers
- Location: Dhanmondi 15, Dhaka 1205, Bangladesh; 154/02 (New) Fouzdari, Chowmohany, Cumilla, Bangladesh. & Global Remote Software Company
Future of Software Industry in Bangladesh
The future of the software industry in Bangladesh looks promising as the nation continues to invest in building a robust and competitive IT sector. With a young and talented workforce, Bangladesh is well-positioned to attract international investments and cater to the growing global demand for software solutions. The government’s support and initiatives, coupled with the entrepreneurial spirit of local software companies, are paving the way for sustained growth, technological advancements, and the creation of more employment opportunities.
Conclusion
As we conclude our exploration of the top 30 software companies in Bangladesh, it is evident that the software industry in this nation has blossomed, making significant contributions to the global market. The demand for software solutions continues to soar, and companies in Bangladesh are rising to the challenge, delivering innovative and world-class software applications. With a promising future ahead, Bangladesh holds immense potential to become a major player in the global software industry.
FAQs
1. Why do you need a software development company?
- Software development companies play a crucial role in helping businesses leverage technology to enhance their operations, improve efficiency, and stay ahead of the competition.
- These companies have the expertise and resources to develop customized software solutions tailored to meet specific business needs, whether it’s streamlining internal processes, enhancing customer experience, or enabling data-driven decision-making.
2. Why is software needed in a business?
- Software has become an integral part of modern businesses, enabling them to automate processes, manage data, and improve productivity.
- With the right software solutions in place, businesses can streamline their operations, reduce manual errors, and enhance collaboration among employees.
- Additionally, software can facilitate better customer engagement and enable businesses to make data-driven decisions, leading to improved overall performance and profitability.
3. What is the emerging technology?
- The emerging technology landscape is constantly evolving, with new innovations and trends shaping various industries.
- Some of the prominent emerging technologies include artificial intelligence (AI), machine learning (ML), blockchain, Internet of Things (IoT), and augmented reality (AR) and virtual reality (VR).
- These technologies have the potential to revolutionize industries, optimize processes, and enable businesses to explore new possibilities for growth and innovation.
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