There are 3 Companies in Panama
that provide IT Strategy Consulting 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.

IT strategy is a broad notion that refers to how an organization manages its hardware, software, networks, policies, staff, and cloud-based technologies. Companies hire IT strategy consulting firms to examine many aspects of their operations, such as administration and expense effectiveness.

According to consulting statistics supplied by Consultancy.uk, management consulting is 27% likely to be automated. To put it another way, management consultants must boost productivity through automation in order to remain competitive and profitable.

Benefits and key factors of hiring an IT consulting service include:

• Obtaining proficient IT assistance and prompt services;

• Enhancing effectiveness and business results via streamlined procedures;

• Cost and Time Savings;

• Strengthened concentration on the primary business activities;

• Identifying vital areas for enhancement;

• Gaining from established knowledge and proficiency;

• Augmented security, software upkeep, and assistance;

• Proficient and efficient communication.

IT strategy consulting utilizes various technologies to optimize organizations' IT infrastructure and operations, including key technologies like: Cloud Computing, Data Analytics and Business Intelligence, Artificial Intelligence and Machine Learning, Cybersecurity Solutions, IT Infrastructure Management, ERP & CRM Systems, IoT Solutions and so on.

Therefore, you can use TechBehemoths to find reputable and successful IT Strategy Consulting service providers.

After you landed on the list of IT Strategy Consulting companies on TechBehemoths, you can continue your research by filtering them using criteria such as:

• Team size 

• Reviews 

• Location 

• Services

• Company score 

Find more about how to choose an IT Strategy Consulting Company on TechBehemoths. 

Our platform can connect you with the leading IT consulting company at the moment if you're looking for a company that combines these competencies while also offering top-notch insights into the operations of your business. 

However, choosing the best vendor for your project may be difficult given that TechBehemoths lists over 2047 IT Strategy Consulting businesses. To accomplish this, we advise submitting your project directly on TechBehemoths, which will enable us to find the businesses using the platform that best meet your needs.