Today, we are on the threshold of a new digital paradigm, where ambitious customers will find ways to cater not only to their core services base, but to the hundreds of thousands of customers who are rapidly being co-opted by alternative providers of services. Whatever be the case, customers will be forced to rethink their processes and systems; to be more agile and to make their analytical capabilities more insightful. The time to begin the transformation is now.
To address the increasing dependence of garments, textiles and health-care institutions to service their customers on browsers and mobile devices, our company expanded its offerings with the introduction of complete mobility product suite to help customers meet the dynamic business needs ensuring superior customer experiences.
NextEUM Software’s various modules of n-ERP on these sectors, each offers unique business benefits to customers; both operational efficiency and customer delightment. n-SasthShebaTM product suite launched during the year; is a future-ready transaction health-care product suite that offers patients with end-to-end solutions addressing their health-care related needs. With its various comprehensive platforms; n-SasthShebaTM helps hospitals and care providers respond to its customers and market requirements with agility as well as capitalize on new products and services opportunities.
There is significant headroom in the addressable market size, while we continue to focus on the low hanging fruit. The global economy is showing signs of a paradigm shift, with Asia starting to establish itself as the global economic leader. Bangladesh’s growth, will play a key role in the transition of Asia into a global economic power. Technology researcher Gartner Inc. forecasts a 3% growth in global IT spending, touching $3.8 billion in 2018. There is an opportunity to transform business landscape with enhanced IT adoption, and in turn create a significant contribution to local GDP.
Going forward, we remain committed to further enriching the experience of our customers and investing in additional infrastructure and productivity improvements. Senior members in Strategy, Product development, and Sales and Marketing are being hired during the year, as a part of the strategic mission of our Company. Total manpower numbers stood at 20 at the end of the year.
Our greatest competitive strength of course, is our people. We are fortunate to have a team of dedicated professionals, who are working more closely than ever before to realize the full potential of NextEUM. I would also like to extend my heartfelt thanks to you, our shareholders, our customers all over the world; for retaining your trust in us; through all times.
As a private limited company, we are responsible for driving our business forward to the benefit of all our stakeholders and providing our stockholders with a return on their investment. This will only be accomplished by our continued focus on quality, reliability, durability, vocational value and customer service.
While our constant desire to improve will change some of the things we do as a company, we will always continue to exercise ethical business practices, maintain a respect for the individual and run our business in ways that earn us the trust of those whom we encounter.
As we talk, I am getting reminded of saying, and would like to close my message with this inspirational words:
“Our duty is to encourage everyone in their struggle to live up to their own highest idea, and strive at the same time to make the ideal as near as possible to the Truth”.