Bangladesh is fast becoming the next big destination in software development outsourcing and offshoring.Over the last few years the volume of software projects offshored here has doubled almost every year. More that 150,000 people are now working in this industry. A good summary of state of software outsourcing in Bangladesh and it's potential can be gleaned from a KPMG analysis that was done. Garter identified Bangladesh as one of the top 30 countries for offshore services in 2011.The cost advantages of outsourcing software to Bangladesh is significant when compared with other possible destinations for offshore software development like India, Poland, Sri Lanka. The large number of computer graduates coming out from the universities every year coupled with the strong English speaking skills make it possible for the IT outsourcing industry to grow very fast. A large number of software projects has been executed here over the past few years and many international IT companies themselves have setup offshore development centers here. This has had the effect of bringing experience and skills to the resource pool.