Local investors believe that if the government formulates a policy to keep data within the country's borders, it will be a major benefit for the local vendors.Ĭurrently, there are no direct guidelines for businesses regarding the location of the data storage centres.īesides, if guidelines were put in place mandating banks and other government organisations to store their data in the cloud, it would provide a significant boost to the local cloud industry, said Mir Cloud's Head of Business Toufique Ehsan. Alibaba Cloud (in collaboration with Whale Cloud) provides the one-stop Local Public Cloud solution that enables Internet Data Centers (IDCs) and telecommunication companies (telcos) to implement a revenue engine for cloud businesses. They pointed out that when customers use cloud services from international vendors, payment must be made in foreign currencies, which has become a critical issue for now. He noted the company has backup infrastructure in Dhaka and Jashore, and customers can enjoy unlimited data transfer without any capping.Īs the cloud market grows, the share of international vendors is also increasing, which has negative consequences for the government amid the dollar crunch, according to local entrepreneurs. Md Hasibur Rashid, director and chief marketing officer of InterCloud Limited that owns Brilliant Cloud, said it has low latency access and high availability nationwide.
To have an edge over the global tech giants, local cloud providers offer cheaper packages, unlimited data transfer, data storage inside the country and payment in taka instead of dollars amid the ongoing greenback crunch.
Huawei Cloud currently serves a number of prominent customers in Bangladesh, including Robi, Ifad Autos Limited, and. Md Shajahan Ahmed, sales manager of Cloud Business Development (Bangladesh) at Huawei, said the Chinese tech giant is committed to its cloud services and solutions and is looking to accelerate digital transformation in the region through its presence. Local vendors make up the remaining market share and include InterCloud, Aamra, Mir Cloud, BRACNet, PacECloud, Square InformatiX, Plexus and EyHost.Īmong international first-line vendors, Huawei Cloud is witnessing rapid growth, particularly in the Bangladesh market. International low-cost vendors hold 40% of the market and include Cloudflare, Liquid Web, DigitalOcean, and Wasabi. International first-line vendors make up 53% of the market and include Huawei, Google Cloud, Amazon, Microsoft Azure and Oracle. The cloud storage market in Bangladesh is currently divided among three types of vendors. As a result, companies and enterprises are increasingly turning to cloud services, which provide users with the added benefits of no additional investment in hardware and no extra capital expenditure during business growth. He added that cloud storage also eliminates the need for purchasing storage equipment, paying for space rent, and reduces the cost of management.
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