Odesk discovering Bangladesh now its UPWORK

1. Bangladesh
and
The Future of Work

2. • 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

3. 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

4. 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

5. 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. 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

7. Increasing share of online work
7
Others
98%
Bangladesh
2%
2009
Others
86%
Bangladesh
14%
YTD 2013

8. 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

9. 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

10. 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"
10