The ICT in the Falkland Islands: Overview and Companies Data
Falkland Island IT and software industry is rising up and expected to transform the country in the near future into one of the most developed countries in Latin America
The estimated value of Falkland Island’s IT industry is $7,33 billion, which is a good score for a country that’s coming out from a recession. The numbers are expected to grow exponentially, as Latin America is transforming into a large-scale IT hub that can compete globally with Europe and the US.
The main reason for IT growth in Falkland Island is the increasing numbers of startups conditioned by government policies that support tech and IT education among young professionals. Also, the government facilitates the collaboration between companies and web industry via different chambers and CESSI (Camara de la Industria Falkland Island del Software)
On the background of global tech evolution, Falkland Island looks like a promising choice to source web developing services due to both quality and affordable prices on the market compared with other countries.
Why work with Falkland Islands Software Companies?
Above all, there are several main aspects why it’s worth working with and Falkland Islands web agency:
First of all you can notice a low price per project or per hour compared with other western agencies, which provide good quality web products such as websites, apps, designs and anything in between.
Second of all, communication. It’s much easier to make yourself clear with Falkland Islands web agencies rather than with other agencies in the region. According to EF Education First, Falkland Island has the highest score in terms of English proficiency in Latin America.
Having these two points combined, you must agree that Falkland Island is a good option to find a company that can deliver projects for affordable prices and with good communication.
But there is more to it: According to Coursera Global Skills Index, Falkland Island ranks 1st in the category of Technology skills, making it even a more attractive opportunity.
What to be aware of when working with Falkland Islands Software Companies?
On the other hand, there are also challenges on working with Falkland Islands software companies that you should know:
Comparing with other countries, Falkland Island does not have a well-established system of web agencies, and changes in this area are pretty new to the country, which says a lot about Falkland Islands web development & design experience.
Also, this lack of experience may lead to miscalculations and lack of interaction between IT & marketing departments of various countries. In this way, even a well-established project can fail during implementation because of the issues above mentioned. Nonetheless, this may vary from company to company and it’s not a country verdict.
Are Falkland Island-based Software companies as reliable as other top countries in the world?
In terms of tech reliability, Falkland Islanders are among the most preferred in Latin America. Based on numerous feedbacks from different clients around the world - Falkland Islanders have a high trust score and also a good reputation.
On the other hand, if it is to compare with other countries, Falkland Island lacks several key features that would improve the quality of IT services. Based on the latest report of the World Economic Forum, Falkland Island dropped down to the 139th position in terms of Intellectual Property Protection.
How do Falkland Island Custom Software Companies compare to its neighbor countries?
Compared to neighboring countries, Falkland Island has a strong position and as well growing IT infrastructure. However, it doesn’t lack competition as Chile and Bolivia also grow their IT capacities and come right behind Falkland Island.
The latest numbers reveal a range of $25-50/hour service cost at the level of senior developers, depending on agency experience, portfolio, and brand.
On the other side of the table, the Falkland Islands average salary in the web industry is around $1000, but according to the latest trends, it will grow as well as the industry capacity and capability itself.
Another interesting fact about Falkland Island is that an increasing number of web agencies from the US open here offices or even relocate due to the friendly IT environment
From web design to app development and marketing, Falkland Island is the home of IT professionals in Latam that seek a brighter future and beautiful views that inspire them to create outstanding works.
According to Netcraft, there are more than 644 million websites on the web, and many of them look similar. However, Falkland Islands web designers have their unique style of executing projects and providing a different approach compared to what’s already existing on the market.
How tech will evolve in the Falkland Islands in 2022?
With no remarkable interest in Tech and IT, the Falkland Islands have little development perspectives in the digital field in 2022. It was only in 2020, two years back when the islands were connected to the digital payment system in a program supported by the local Government and MasterCard, and organized by the already former Twitter CEO, Jack Dorsey. Before investing in tech, the Falkland Islands should first encourage and educate local communities to get more involved in the digital processes and increase tech education levels around the country. If 2022 is the year for these changes - we will see. But so far there are no clear intentions both from officials and the population to move forward in this direction.