10th November 2024, Kathmandu
In a monumental achievement for Nepal’s tech sector, Dynamic Technosoft Pvt. Ltd., a leading software development company based in Birgunj, has won the prestigious ASOCIO EdTech Award 2024.
ASOCIO EdTech Award 2024
This accolade, awarded by the Asian-Oceanian Computing Industry Organization (ASOCIO), recognizes the company’s outstanding contributions to educational technology. The award ceremony, held during a digital summit in Tokyo from November 6-8, 2024, was a proud moment for Dynamic Technosoft and a significant milestone in showcasing Nepal’s technology capabilities on an international stage.
Dynamic Technosoft’s achievement not only establishes the company as a global player but also marks a crucial step forward for Nepal’s budding tech industry. The company has proven that Nepali software companies are more than capable of competing on a global scale, bringing innovative solutions to educational institutions, businesses, and organizations worldwide.
Dynamic Technosoft’s Vision and Core Principles
Founded in 2010 by Dipak Sah, Sachin Sah, and Arjun Sah, Dynamic Technosoft has transformed from a local startup into a powerhouse of software development in Nepal. From its headquarters in Birgunj, the company has expanded its reach across Nepal, establishing branches in Kathmandu, Itahari, Butwal, Pokhara, and Janakpur, and now gaining a foothold in India. CEO Dipak Sah reflects on the journey, “Our vision was to create solutions that could contribute positively to businesses and educational institutions alike. Winning this award inspires us to continue promoting Nepal’s IT industry on the global stage.”
Dynamic Technosoft’s commitment to delivering quality software is at the heart of its success. Their philosophy emphasizes client satisfaction and innovation, aiming to build software that not only meets users’ needs but also enhances their experiences. This focus on quality has been instrumental in establishing the company’s reputation for excellence within Nepal’s tech landscape.
Overcoming Challenges and Changing Perceptions
Dynamic Technosoft’s path to success was not without challenges. In the early days, the concept of ERP (Enterprise Resource Planning) software was unfamiliar to many in Nepal, and potential clients were initially skeptical. Sah recounts, “It was challenging to convey the value of our ERP solutions to businesses accustomed to traditional methods. Many initially viewed software as something inexpensive or non-essential.” However, through determination and relentless effort, Dynamic Technosoft gradually demonstrated the value of investing in efficient software solutions, helping transform Nepal’s educational and business sectors.
Award-Winning Products and Services
Dynamic Technosoft has developed a diverse portfolio of software solutions, catering to educational institutions, businesses, and industries. Their core offerings include:
Dynamic Academic ERP – A flagship school management solution that streamlines administrative processes, making it easier for educational institutions to manage operations. Currently, over 1,000 schools in Nepal rely on this software, driving digital transformation in the education sector.
Dynamic Account ERP – An ERP solution designed to simplify accounting processes for various business needs, helping companies optimize their financial management.
HR and Payroll Software – A comprehensive HR and payroll solution that helps organizations efficiently manage employee information, payroll, and workflows.
Dynamic AMS (Asset Management System) – Designed for large enterprises, this asset management software helps companies track and manage their assets effectively, reducing operational inefficiencies.
These products are widely adopted by well-known enterprises in Nepal, including industry giants like Dugad Group, Sipradi, Hulas Steel, and Godavari Group. This impressive client base speaks volumes about Dynamic Technosoft’s reliability, effectiveness, and role in modernizing Nepal’s business landscape.
Recognition and Impact of the ASOCIO EdTech Award
Winning the ASOCIO EdTech Award 2024 places Dynamic Technosoft on a prestigious international platform, distinguishing it as a leader in educational technology. The award highlights the company’s pioneering role in advancing Nepal’s IT sector and demonstrates the potential of Nepali companies to impact global markets. Sah notes, “This award is a testament to our team’s dedication and hard work. We are proud to represent Nepal in the global tech industry.”
National ICT Award 2024 – Recognizing Dynamic Technosoft’s Contribution to Nepal’s Digital Transformation
Dynamic Technosoft’s achievements have also been recognized domestically with the National ICT Award 2024, awarded by the Government of Nepal. This accolade acknowledges the company’s exceptional contributions to improving IT services across all provinces. Sah attributes this success to the company’s commitment to driving digital transformation and supporting the growth of Nepal’s IT sector.
Despite these accolades, Sah emphasizes that there are still challenges in gaining government support. He explains that Nepali IT companies often struggle with a lack of trust and support from government bodies, which prioritize international companies over local talent. “We are capable of delivering high-quality services comparable to international standards, yet without adequate support from our own government, sustaining momentum becomes challenging,” Sah says.
Dynamic Technosoft’s International Expansion Plans
With a strong domestic foundation, Dynamic Technosoft is now focused on expanding its market reach beyond Nepal. Sah has set his sights on Bhutan, Bangladesh, and other Asian markets, intending to broaden the company’s impact in the region. “Our goal is to extend Nepal’s technological advancements beyond borders, creating more job opportunities locally and contributing to the country’s IT sector,” Sah shares.
Dynamic Technosoft’s strategic vision aligns with Nepal’s aspirations to become a technology hub in Asia. By expanding to international markets, the company aims to generate revenue that can be reinvested in Nepal, ultimately benefiting the country’s economy and IT ecosystem. Sah explains that this expansion will not only provide more job opportunities within Nepal but also inspire other local IT companies to venture into international markets.
The Role of Government Support in Nepal’s IT Industry
Dynamic Technosoft’s journey highlights the potential of Nepal’s IT industry. However, Sah notes that government support is essential for sustaining and growing this potential. He believes that prioritizing domestic software solutions could help retain financial resources within Nepal, fostering an environment where local companies can flourish. Additionally, Sah calls for greater trust from government bodies in the capabilities of Nepali IT companies, which he believes are fully capable of competing internationally.
Sah stresses that if Nepal’s government prioritized local software industries, more Nepali companies would have the confidence to compete globally. “Supporting local IT businesses would keep money within Nepal and fuel the industry’s growth, while also establishing Nepal as a credible provider of tech solutions in the global market,” he emphasizes.
Inspiring a New Generation of Nepali Entrepreneurs
Dynamic Technosoft’s success story serves as an inspiration for aspiring Nepali entrepreneurs. Sah encourages the youth to pursue entrepreneurship within Nepal, believing that with hard work, innovation, and dedication, they can achieve success in the IT industry. “Young entrepreneurs don’t need to go abroad to find success. There’s potential right here in Nepal if they are willing to commit and work hard,” Sah affirms.
Through its success, Dynamic Technosoft demonstrates that creating a thriving tech business in Nepal is achievable. Sah’s message to young entrepreneurs is one of hope and encouragement, emphasizing that with passion and determination, they too can make a significant impact in the industry.
Dynamic Technosoft’s journey from a regional startup to an internationally recognized IT firm reflects the potential of Nepal’s technology sector. By winning the ASOCIO EdTech Award 2024, the company has not only showcased its own achievements but also brought global attention to Nepal’s capabilities in educational technology and software development. As Dynamic Technosoft continues to expand its reach across Asia and develop innovative products, it sets an inspiring example for Nepal’s IT industry and aspiring entrepreneurs alike.
Through its commitment to quality, innovation, and international growth, Dynamic Technosoft is paving the way for a promising future in Nepal’s tech industry. With strong support from the government, this success story can inspire the next generation of IT professionals and entrepreneurs, proving that Nepal’s tech talent is ready to shine on the global stage.
For more: ASOCIO EdTech Award 2024