It has also opened a depot to serve Bangladeshi customers, said Sudhir Nayar, Managing Director, Cisco SAARC at a press conference in The InterContinental hotel recently.
To facilitate the digitization of businesses, Cisco has introduced products specifically designed for small and medium enterprises enabling them access to simple, secure, and smart enterprise-class technologies, he said.
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, he stated.
In order to accelerate Bangladesh’s transformation into a knowledge economy, Cisco has set up 15 Networking Academies across the country to train students in new-age technologies.
38,000 students have been trained so far in Bangladesh, and the number is expected to reach 50,000 by the end of 2020.