In today’s rapidly evolving environment, technology, especially data, AI and the cloud, has emerged as a disruptive force driving organizations to unprecedented levels of growth and innovation Companies around the world are embracing massive change and for success in a highly competitive environment.

Recent years have seen a major industrial recession, which has reshaped the global trajectory. With the latest advances in data, AI and the cloud, newly adopted technologies have become more resilient to future shocks, adapting to changing consumer behavior and entering new markets with ease

Bangladesh stands out as a beacon of economic growth, with an impressive average annual GDP growth rate of 6-7%. With its large size and young workforce, the country is poised for steady economic expansion.

Bangladesh, a pioneer in digital innovation, launched its visionary Digital Bangladesh initiative back in 2008, and proved itself in the SAARC region and the country has received tremendous interest from IT and ITeS players in recent times in the years of the. Currently valued at US$0.9-1.1 billion, Bangladesh’s domestic IT-ITeS industry is expected to grow five-fold to US$4.6-US$4.8 by 2025, driven by advances in data, AI and cloud technologies

Bangladesh is home to 34% of young people who are technology driven; the successful integration of AI with the existing strategy holds a huge prospect for future development of the country.

Industry experts predict that the domestic cloud storage market is likely to grow to $50 million by 2025 from its present estimated size of $20 million.

Data analytics combined with artificial intelligence applications is projected to generate USD 13 trillion by 2030.

According to recent studies, local economies will gain up to 26% from AI by the year 2030.

Nearly 90% of organizations have started to use Zero Trust security. According to NCBI, federal agencies in Bangladesh have been encouraged to adopt and implement Zero Trust safety practices for over a decade. The Security Modernization Act, Credential, and Access Management, and the Federal Information the Trusted Internet Connections are some of the initiatives and policies that have been implemented.