Bangladesh and

The Future of Work

•  3 million contractors in 177 countries!!

•  550,000 clients in 181 countries!!

•  In 2012 alone:!!

•  35 million hours worked!

•  $360 million earned!

2

oDesk empowers businesses and contractors to work together without geographic limits

Rapid growth in scale and scope

3

-

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

35,000,000

40,000,000

2004 2005 2006 2007 2008 2009 2010 2011 2012

Other

Writing & Translation

Design/Multimedia

Sales & Marketing

Business Svcs

Customer Svc

Admin Support

Networking & IS

Web Dev

Software Dev

Hours Worked by Job Category

oDesk is online work

4

Estimated Gross Services!2012

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

$300,000,000

$350,000,000

$400,000,000

oDesk Others

99Designs

People Per Hour

Guru

Freelancer

Elance

~$360M ~$310M

Bangladesh is a major player in online work In 2012 alone:!"

•  3.5 million hours worked"

•  $13 million earned"

•  250,000 registered, with 30,000 joining per month"

•  One-fourth of all SEO hours worked"

5

6

Bangladesh’s rapid rise

$-

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000

$4,500,000 IT Earnings

KPO Earnings

Increasing share of online work

7

Others 98%

Bangladesh 2%

2009

Others 86%

Bangladesh 14%

YTD 2013

Increasing international appeal

8

US 76%

Australia 5%

UK 5%

Canada 5% Other

9%

US 60% Australia

9%

UK 8%

Canada 7%

Other 16%

FY 2009 YTD 2013

Online work is closing the gap

≈$20 million in online work

($13 million from oDesk )

Outsourcing vs. online work in Bangladesh, 2012"

$60 million in total

IT Outsourcing

Secrets of Bangladesh’s success

•  Young, highly-skilled demographics""

•  Viral growth in a highly populated city"

•  Success in high growth job categories"•  Search engine optimization"•  Web development"

•  Great cost advantages"•  Great value for client companies"•  Great wages for Bangladesh contractors"

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