There are 1 Companies in Panama
that provide Hosting and Cloud Services!

Panama is known more for shipping, banking, low taxes, and beautiful sights. But the IT industry is not so far behind since the country is in the middle of digital transformation, and currently at the 4th stage of the “Smart Nation” project. Within this project, most of IT companies decided to settle there, and the existing ones have known successful progress. So after all, Panama is not only about taxes and beaches, but it has a developing IT sector. 

The main part of the tech sector relies on app development. Even back in 2014, Panama started to be an operational center for 250+ startups that were focused on developing apps for Google’s android, mainly. Later on, the country was a destination to set for multinational companies such as Dell, Ericsson, or ABB that continued to develop the IT industry inside the country. Panama doesn’t lack tech specialists, even if the country has ~4 million inhabitants. Since the tax policy is flexible and real estate is cheap, many skilled professionals from both Latin and North America consider Panama as a great place from where to work. 

Why working with a Panama-based IT company

Consider Panama as a non-national-based IT destination. Here, out of hundreds of IT startups and tech companies, only 30% are founded and lead by native inhabitants. The other 70% or so are international IT & software companies that relocated to a place comfortable for both workers and companies. 

In Panama, you can find the entire spectrum of IT services and companies that perform from midrange to top. Of course, these companies charge according to their service quality, but then again - try the US market and you will get extra prices for everything.  On top of everything, many Europeans found Panama as a great choice to start or continue their business. 

The local currency is equal to the USD which makes the country comfortable to work with. The average yearly salary of a web developer in Panama is ~39K USD, while the average hourly rate is ~18,8 USD. These are pretty competitive prices compared to the US or Bolivia, for example. 

What you should pay attention to when working with a Panama-based IT company

The huge company diversity in Panama can have both positive and negative impacts, especially for those interested in budget projects. Out of 560+ IT and software companies registered in Panama, many of them are still inexperienced in developing, design, marketing, or even simply B2B affairs. Yes, the risk of hitting an inexperienced company persists in every country, yet the chances here are bigger, due to the high number of startups that already call themselves “well-established web agencies”. 

How reliable are Panama-based IT companies

IT companies that lack experience, on their turn can create project difficulties, such as delays on project delivery, miscommunication, lower-than-average project management to name a few. This is why Tech Behemoths comes to help in analyzing and finding the right partner for your digital project. 

On the other hand, there are not few IT and software companies that gained a name on the international IT market and perform decent to world-class services for their clients and have a good portfolio. 

Generally, it all depends on the company, but certainly, Panama is a country not to miss when looking for a digital partner.

Entrepreneurs often struggle to differentiate between cloud and hosted services, which may seem similar but differ in processes. Understanding these differences can help choose the right for your business. Pick the right home for your website involves considering technical aspects, reliability, cost, and customer support and other factors.

There are more than 330,000 web hosting providers all around the world, and this number is expected to grow as the Internet expands. Even with the fierce competition, new providers continue to enter the market.

At the same time, data reveals that approximately 60% of all corporate data is now stored in the cloud. It has also witnessed a 10% increase compared to the previous year, 2021.

Cloud Services

Cloud service­s are computing service­s provided by third-party hosts through the interne­t and on-demand. They allow customers to acce­ss and utilize remote computing re­sources effortlessly. There are three main categories of cloud: Software as a service (SaaS), Platform as a service (PaaS), Infrastructure as a service (IaaS).

Benefits of Using Cloud-Based Services

Cloud services offer several advantages that are not available with hosted solutions:

• IT Optimization: With cloud services, the provider is responsible for building and maintaining all the hardware, so your IT department doesn't have to manage servers or install and update software on individual computers. Additionally, the provider is responsible for ensuring security and resolving any problems that might come up.

• Budget-friendly approach: Cloud service­s offer a cost-efficient approach where you only pay for what you use. The­re is no need to inve­st in hardware or purchase software licences that may end up being unuse­d by your team. 

• Business system integration: To integrate various third-party cloud solutions, you can streamline workflows and enhance team collaboration and productivity. For instance integrating your cloud communications platform with a CRM. Doing so ensures employees have access to customer information before they answer incoming calls and automatically logs all calls into the CRM.

• Increase agility and scalability: Cloud services let you make changes in just a few clicks, whether you need to shift workflows, add new features and functionality, or change the number of users.

• Support AI, predictive analytics, and IoT:  With your data in the cloud, you can easily apply these advanced technologies to improve efficiency, gain new insights, and future-proof your business.

• Support remote workforces: The workforce can access cloud services anytime, anywhere, using any device, with just an internet connection and login credentials.

Hosting Services 

Hosted services, much like cloud-based solut­ions, are managed by a third-party provider and accessed through the internet. With hosted solut­ions, the provider owns and maintains physical servers in a private location rather than relying on a public cloud. This allows the service to be accessed online without the need for insta­lling hardware or software. Users typically access it through a virtual private network or remote desktop.

Benefits of Hosting Services

Hosted services offer some of the same advantages as cloud solution, including:

• Remote access and the ability to integrate with certain other cloud solutions. Because the software and hardware are maintained by the provider, there's also less for IT to manage than with traditional computing solutions (but typically more than with cloud solutions).

• Offers greater custom­ization options compared to cloud services, depending on the setup and service agree­ment. 

• Provide more control over security proto­cols, which is partic­ularly benef­icial for companies operating in highly regulated indus­tries.

To Sum Up 

Cloud services are a more cost-ef­fective option compared to hosting services. They are easier to set up, manage, and maintain. Although hosting services offer more control, they require addit­ional IT work and often come at a higher price. However, it's important to analyze your specific business requir­ements before deciding on a hosting type. At the moment Techehemoths has almost 800 Hosting & Cloud service providers. 

Take a look at their profiles and feel free to contact them, the smart filters will also help you, Moreover, you can submit your project and our team will hand-pick and send you the best matching service providers, and you will get free quotes in about 1-hour. Also, if you want to learn more about cloud and hosting services, check out our blog for addit­ional inform­ation.