Arijit Chakraborti

With climate change quickly becoming a global emergency, businesses need to contribute in both cooperative and coordinated way to address it.

More than 50 years ago, the invention of silicon-based microprocessors catalysed the progress of automated instruction-led activities in industries. Gradually, that led to the adoption of computers in business, which was later followed by technology-led business transformations. What we see today as enterprise resource planning (ERP) system implementations and upgrades to cloud-based ERP systems in organisations – including those in Bangladesh – have been built on technological inventions like microprocessors and algorithms.

The EU has enacted new rules on corporate sustainability reporting. On January 5, 2023, the Corporate Sustainability Reporting Directive (CSRD) entered into force. This directive requires a broader set of large, small and medium companies, as well as foreign companies with significant revenue from the EU markets to report a wide range of environmental and social parameters.

As businesses in Bangladesh grow, they are also participating in various programmes to transform their businesses for the future. Half of the CEOs in Bangladesh who were surveyed for PwC’s 26th Annual Global CEO Survey 2023 responded that their business will lose economic viability in less than 10 years if they stay in the current course.

The global telecommunication sector is passing through an inflection point. Like other mature sectors, such as utilities, the telecom sector has established itself as a provider of vital services to billions of consumers and practically all business establishments.

July 2023 was the warmest month on record, the Secretary General of the United Nations defined this moment as the arrival of the era of “global boiling”

As the uncertainties brought about by the Covid-19 pandemic are gradually dissipating, companies worldwide are reviewing and revising their strategic priorities. Business leaders are increasingly changing their stance from managing crises to seizing new opportunities.

Many organisations worldwide have embarked on their digital transformation journey through cloud adoption. Leading organisations in Bangladesh are also transforming their businesses rapidly through cloud adoption and by building digital enterprises.