SIMEC System

What SIMEC System does

SIMEC System Ltd. is a Bangladesh-headquartered 360-degree IT solution provider founded in 2000 as a sister concern of the SIMEC Group, led by founder-chairman Engr. Sardar Md. Shaheen. The company operates from Uttara, Dhaka and runs a delivery presence in five countries (Bangladesh, Japan, Korea, Canada, USA), with a Japan-focused sales and channel footprint routed through its registered partner Offpro Inc. in Tokyo. It bundles custom software development, IT infrastructure solutions, IT security, mobile app development, 2D/3D animation, and professional training around a set of six productized management systems covering VAT tax compliance, hospital operations, inventory, HR and payroll, e-store, and accounting.

The underlying technology stack spans Java Spring Boot, PHP Laravel, React, Next.js, .NET Core, Python, Flutter, React Native, and Node.js, deployed against MySQL, MongoDB, and Firebase, with cloud delivery on AWS, Google Cloud, and Microsoft Azure. Notable regulatory credentials include NBR approval for its VAT Management Software under Bangladesh's VAT & SD Act.

The business model is quote-based enterprise services plus software licensing: revenue is generated through custom development contracts, IT infrastructure and security engagements, managed services, professional training programs, and animation projects, with multi-year terms typical for government accounts and offshore software delivered through Offpro to Japanese clients. The customer base is anchored in Bangladeshi government ministries, defense agencies (Army, Navy, Police), Bangladesh Bank, and large private enterprises, with secondary exposure to healthcare and education verticals.

Name

SIMEC System

Legal name

SIMEC System Ltd.

Website

https://simecsystem.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

SIMEC System Ltd. is a Bangladesh-based IT services and software products company delivering custom software, infrastructure, security, mobile apps, and 2D/3D animation to government ministries, defense agencies, banks, and enterprises across five countries via direct sales and its Tokyo partner Offpro Inc.

Ownership category

akta.pro rank

Product category

Enterprise IT Services and Custom Software Development

NAICS

Custom Computer Programming Services (541511), Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151), Software Publishers (51321), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372)

akta.pro primary industry

Custom Application Development (Web/Mobile/Desktop) (BPAEAFAA)

akta.pro secondary industries

Systems Administration & IT Operations (Windows/Linux, Monitoring, ITSM) (EDABAFAH), IT Asset Discovery, Inventory & CMDB Services (BPAEAOAE)

Keywords

• Custom software development
• IT infrastructure solutions
• IT security services
• Mobile app development
• Enterprise management software

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Custom Software Development: Bespoke software development services for enterprise clients including web applications, mobile apps, and specialized systems. Projects delivered for government agencies and private sector with technologies including Java, PHP, React, .NET Core, Python.
2. IT Infrastructure Solutions: Network setup, cloud infrastructure, and data center solutions for enterprise clients. Includes ongoing support and management services.
3. IT Security Solutions: Security services including vulnerability assessments, managed security, and endpoint protection for organizations.
4. Professional Training: Industry-focused training programs covering software development, project management, DevOps, QA, UI/UX design, and corporate skills development for organizations and government projects.
5. 2D/3D Animation Services: Creative animation services including motion graphics, character animations, explainer videos, and product visualization for marketing and entertainment.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

SIMEC System Ltd. is a 360-degree IT solutions provider delivering custom software development, IT infrastructure design and management, IT security, mobile application development, 2D/3D animation, and professional training to government and enterprise clients in Bangladesh and abroad. Alongside its services portfolio, it sells six proprietary management software products: E-Store Management, VAT Management (NBR-approved), Hospital Management, Inventory Management, HR & Payroll, and Accounting Management systems. The company operates with 200+ IT professionals from offices in Dhaka and Tokyo (via partner Offpro Inc.).

Product overview

SIMEC System Ltd. is a 360-degree IT solution provider offering both services and software products. The service portfolio includes Software Development, IT Infrastructure Solutions, IT Security Solutions, Mobile App Development, Creative Animation (2D/3D), and Professional Training. The software product portfolio consists of six core management systems: E-Store Management System for inventory and asset tracking, VAT Management System (NBR-approved) for tax compliance, Hospital Management System for healthcare operations, Inventory Management System for multi-warehouse operations, HR and Payroll Management System for human resources automation, and Accounting Management System for financial management. These products operate as standalone solutions that can be implemented independently across government and enterprise clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Software Development Custom software development services delivering enterprise web and backend applications tailored to client business needs using Java Spring Boot, PHP Laravel, React, Next.js, .NET Core, and Python. Targeted at government ministries, banks, defense, healthcare, and large enterprises in Bangladesh and Japan.
• IT Infrastructure Solutions Design, implementation, and management of IT infrastructure covering enterprise network setup, cloud infrastructure on AWS/Google Cloud/Azure, and on-premise data center solutions. Targeted at government and large enterprise clients needing scalable connectivity and hosting.
• IT Security Solutions Comprehensive IT security services spanning network security, endpoint protection, data security, identity and access management (IAM), cloud security, vulnerability assessment and penetration testing (VAPT), managed security services, and disaster recovery/incident response. Targeted at government, defense, banking, and enterprise clients.
• Mobile App Development Custom, cross-platform, and enterprise mobile application development for Android and iOS using Flutter and React Native, with backend services in Node.js, Laravel, Django, and Spring Boot. Targeted at enterprises and government clients needing business apps and consumer-facing mobile experiences.
• Creative Animation 2D and 3D animation services including motion graphics, character animations, explainer videos, and product visualization for marketing, education, entertainment, and business presentations. Targeted at enterprises and government departments needing visual storytelling content.
• Professional Training Industry-focused training programs covering software development, project management, DevOps and cloud computing, quality assurance and testing, business analysis, UI/UX design, and corporate skills development. Targeted at organizations and government projects.
• E-Store Management System Comprehensive web-based inventory, requisition, and asset tracking solution built on Laravel with an intuitive interface to enhance productivity, ensure transparency, and support informed decision-making. Targeted at organizations needing centralized inventory and asset governance.
• VAT Management System NBR-approved VAT Management Software that helps businesses maintain accurate, compliant, and digital VAT records aligned with the VAT & SD Act, featuring automated Mushak generation, purchase and sales management, and treasury challan preparation. Targeted at businesses with annual turnover exceeding BDT 50 lakh.
• Hospital Management System (HMS) Integrated platform that streamlines and automates hospital and clinic operations including patient management (OPD/IPD), pathology and diagnostic modules with LIS compatibility, pharmacy management, billing and accounts, and doctor and staff management. Targeted at hospitals, clinics, and diagnostic centers such as SHIN-SHIN Japan Hospital.
• Inventory Management System Comprehensive inventory management solution providing real-time tracking, multi-warehouse management, stock alerts and reorder management, barcode and QR code scanning, and reporting and analytics. Targeted at retail, manufacturing, healthcare, and distribution businesses.
• HR and Payroll Management System All-in-one HR solution that automates employee information management, attendance and leave management, automated payroll processing, compliance handling, payslip generation, and performance evaluation with an Employee Self-Service portal. Targeted at organizations of all sizes needing HR process automation.
• Accounting Management System Robust financial solution for maintaining accurate books, generating financial reports, and ensuring compliance with accounting standards, featuring general ledger management, accounts payable and receivable, automated financial reports, and bank reconciliation. Targeted at enterprises needing standardized financial management.

Quantifiable outcome

• 500+ projects successfully implemented since 2000
• +3 more outcomes

Named customers16 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Offpro Inc.coreStrategic or Co-development PartnerSIMEC System Ltd. is a registered partner of Offpro Inc., a Tokyo-based company specializing in secure offshore development for Japanese businesses. Together, SIMEC System Ltd. and Offpro Inc. deliver high-quality, efficient software solutions for clients in Japan and beyond.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Infosys: Global IT services giant with significant Bangladesh delivery presence and broad enterprise/government digital transformation offerings — represents the scaled incumbent SIMEC competes against on larger enterprise and government tenders.
• Wipro: Global IT services and consulting firm with broad custom application development, infrastructure, and security capabilities — comparable across all of SIMEC's service lines, but at vastly greater scale.
• Tata Consultancy Services (TCS): World's largest IT services firm with deep custom application development, infrastructure, and government systems integration practices — comparable on enterprise/government IT services, illustrating the ceiling SIMEC's services business faces.
• Epic Systems: Dominant hospital and clinical management software provider — directly comparable to SIMEC's Hospital Management System product line, illustrating the scale and feature depth SIMEC would need to compete with globally, even if it dominates Bangladesh niche.

Direct peers

• Brain Station 23: Bangladesh-based software development and IT services company of similar vintage and size, serving enterprise and government clients globally with custom software, mobile, and offshore delivery — directly comparable in service mix and target market.
• DataSoft Systems Bangladesh: Bangladesh IT services firm with strong government and defense portfolio (including identity/biometric solutions for Bangladesh Army and Police) — closely mirrors SIMEC's public-sector GTM motion and product capabilities.
• TigerIT Bangladesh: Bangladeshi IT company focused on large-scale identification, biometrics, and enterprise IT for government — comparable in government-tier client base and custom systems integration work.
• Reve Systems: Bangladesh-headquartered IT services and software product company providing custom enterprise solutions and offshore development — overlaps with SIMEC's productized and services mix.
• Thakral One: IT services and consulting firm with significant Bangladesh delivery capability, serving enterprise and government clients with custom development and digital transformation — comparable service model and target verticals.

Emerging players

• Therap (BD) Ltd. Bangladeshi SaaS company specializing in healthcare and human services software — comparable as a Bangladesh-origin product company that has built vertical SaaS for government and enterprise, illustrating a path SIMEC's productized offerings could take.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/simecsystem
• Facebookfacebook.com/SIMECSystemLimited
• LinkedInlinkedin.com/company/simecsystemltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SIMEC System