July 2, 2023

Panama: More than Just a Canal, a Tech Haven in the Making

Everyone knows Panama for its awe-inspiring canal, the stunning beaches, the mountainous landscapes, the rich cultural heritage, and the warmth of its people. But over the past quarter-century, Panama has also been undergoing a different kind of transformation. This journey began with the recovery of the canal in the early 2000s, a momentous event that broadened Panama's global trading capabilities and led to a boom in the banking sector and connectivity infrastructure. As Panama emerged as a vital node in the global network, the demand for technical expertise grew. We want to share the Top 5 reasons why we believe Panama is an ideal destination for your tech hub:

1. Stellar Connectivity: Panama's strategic location at the crossroads of the Americas and initiatives around the Panama Canal have created an outstanding digital connectivity infrastructure. Broadband internet services are widely available, ensuring reliable connections for businesses and individuals. High-speed mobile networks, fiber optic internet service providers, and even satellite-based services like Starlink in more remote areas ensure that you're always connected. This level of connectivity is a key requirement for many major freight, banking, and other businesses operating in the country, creating a strong foundation for a tech hub.

2. Robust Infrastructure: Panama's geographical advantage, combined with the significance of the Panama Canal, has driven the development of remarkable physical infrastructure. The Hub of the Americas - Panama's international airport - connects Panama to the rest of the world, while the road networks and public transport systems ensure smooth movement within the country. Commercial spaces and office real estate are abundant, giving companies a plethora of choices to find a base that suits their needs.

3. Talented Workforce: Panama has a young, vibrant population and a bustling college demographic, making it a hotbed of potential and talent. Panamanian universities are producing some of the region's best software developers and IT engineers. Furthermore, access to English language education in schools and after-school programs ensures that the workforce is well-equipped to participate in the global digital economy.

4. A Fantastic Place to Visit: Panama's proximity to the US and the connectivity provided by the Hub of the Americas make it easily accessible. You can touch down in Panama on a Monday, conduct business meetings on Tuesday and Wednesday, and still have time to explore both the Pacific and Atlantic coasts on Thursday before heading home. Panama is not just about business; it also offers a rich cultural experience, with excellent cuisine, vibrant nightlife, top-tier hotels and resorts, and of course, the world-famous Panama Canal.

5. Home to intCoders: For all these reasons and more, we chose Panama as the base for intCoders. Our mission is to deliver software development transformation services to diverse companies, enabling them to enhance their IT operations and deliver better software. Our team of Architects, Engineers, DevOps, and SREs specialize in identifying the strengths of technical teams, enhancing their efficiency, and speeding up project delivery times.

So, when you're considering your next tech transformation or embarking on that project you've been dreaming of, don't hesitate to reach out to us. Schedule your free 30-minute consultation to discuss your needs and discover how a remote development team can add significant value to your organization.