2021 was special for Southtech, and we hate to bid farewell. Yet we have to welcome 2022 and hope for the best to come. So, we thought we would prepare the year in review with all that has been accomplished this year.
We have signed new agreements, teamed up with new partners, our MD & CEO received recognition for his contribution, and Southtech turned 25.
In 2021 the technology sector has reached its new milestone. People have adapted to the new office dynamics. And businesses have integrated cutting-edge software solutions to ease their operations further.
We started 2021 as the previous year. In particular, to maintain safety, Southtech continued to work from home. But this year was easier and effective than that of 2020. At the hike of the pandemic, more and more institutions had to run offices remotely. But it was not easy since we were habituated to the office environment. So, people of all ages struggled to fit into the new normal.
But this year was better since we have already adopted the home office environment. Our people are well trained, know how to use technology and learned to cope with the current demand. More importantly, we have reached a new height despite all the odds. So, let’s walk into our lawn of success this year.
Celebrated Our Silver Jubilee
Though every year has its significance, this year carries a little more.
Southtech turned 25!
We have celebrated our 25th anniversary in May. To mark the Silver Jubilee, our MD & CEO, Mr. Syed Mamnun Quader described the remarkable journey. In addition, he showed gratitude to all the people involved in making this brand as it is today.
Starting back in 1996 with just four employees and a vision of a visionary, Southtech is now one of the largest IT service providers in Bangladesh. In this striding journey of 25 years, Southtech has enormously contributed to the growth of the IT sector and achieved numerous milestones.
Southtech’s Achievements in 2021
Achievements contribute to motivation for the future. And 2021 is a wonderful year for Southtech with many such achievements that will motivate our employees in the coming years.
Southtech has signed new agreements with two foreign and three domestic clients this year. Besides, we have also signed teaming agreements with two Indian tech leaders for technological superiority and regional outreach.
Here is a glimpse of the few achievements:
Success at Home and Abroad
Directorate of Primary Education (DPE)
Southtech signed an agreement with the Directorate of Primary Education (DPE) to develop a Student Profile Management System (SPMS) this year. DPE is a government body under The Ministry of Primary and Mass Education of Bangladesh. Moreover, it is responsible for monitoring and developing primary education.
As part of the agreement, we are responsible for designing and developing web and mobile applications. Moreover, the applications will integrate the CRVS based student profile. Southtech will also provide maintenance and support.
Northern EZCredit Lending Corporation, Philippines
EZCredit, one of the largest Microfinance organizations from the Philippines, signed an agreement with Southtech in July 2021. To automate their entire operation, they have chosen Southtech’s core banking solution, Ascend Financials.
It is a notable achievement for Southtech beyond the borders. And we are very proud to achieve these feet on foreign soil.
Diversity Microcredit, Kenya
Agreement with Diversity Microcredit is another success for southtech beyond the border this year. Southtech signed an agreement with Diversity Microcredit, Kenya, on 29th September for Ascend Financials. And it is the second African microfinance organization to automate its operation by Southtech.
RDRS Bangladesh is a leading microfinance organization in Bangladesh, signed an agreement with Southtech for sKLOUD. Southtech will maintain its server to provide better data security, scalability, and accessibility based on the contract.
sKloud is Southtech’s data centre that provides secured data storage and hosting services to enterprise and corporate clients. Moreover, RDRS’s data is fully secured with our server and maintenance.
Signed Partnership Agreements
The partnership makes every organization stronger. Besides, it helps gain technical superiority and regional outreach. And this year we have become stronger than before with two more partners.
Southtech announced a strategic partnership with iNube, India, this year to serve the insurance industry of Bangladesh. iNube is one of the largest Insurtech service providers in India. And our collaboration will help build a better insurance solution for the Bangladeshi market and help the sector expand further.
SRIT, India, is yet another IT service provider to strengthen our technical ability and regional outreach. The partnership will help build better hospital management solutions for the Bangladeshi Market.
Southtech-iNube Held Webinar
We did not sign agreements only; we have also increased awareness for the insurance industry.
On 23rd October 2021, we conducted a webinar on Zoom on “How to Future-proof Your Insurance Business” in collaboration with iNube.
The event was a success—many participants attended from the insurance industry. Primarily, our speakers spoke about the transition of the insurance industry according to the new demands. Besides, they also discussed the new business models and the right technology to boost the sector.
Award Won By Our Honorable MD & CEO
Last but not least, our MD & CEO, Mr. Syed Mamnun Quader, is recognized with the ICT Pioneer of the Year Award at the Daily Star ICT Awards 2021 on 27th December.
It is a proud moment for the Southtech family. In addition, last year Southtech won the Daily Star ICT Award 2020- Local Market Focus as an enterprise. And this year, our honourable MD & CEO brings us the glory in recognition of his unparallel contribution to the ICT Sector of Bangladesh.
In short, 2021 is a great year for Southtech. It has brought us success and honour. So, we would like to thank all the people involved in this incredible success journey. And we wish you all a happy and prosperous new year!