There are 1 Companies in Panama
that provide Naming 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

Discover Top IT Companies in Panama specialized in Naming and other related services. Find the best IT service providers for your projects.

All starts with a name. The name is one of the most important elements of a company, product, or service. It creates an identity among the competitors, a well-chosen name can help to create a positive impression, build brand awareness, and make clients easier to remember you.

So, naming is the process of creating names for businesses, products, and services by a team of creative professionals who usually brainstorm name ideas, conduct research, and test different names with a focus on the target audience and make the best final choice.  77% of consumers are more likely to remember a product with a strong name.

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Explore Top Naming Companies in Panama

We found 1 company. Last updated in: January, 2025

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The ICT Industry in Panama: General Profile

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.

What is Naming and what are its benefits for your projects?

All starts with a name. The name is one of the most important elements of a company, product, or service. It creates an identity among the competitors, a well-chosen name can help to create a positive impression, build brand awareness, and make clients easier to remember you.

So, naming is the process of creating names for businesses, products, and services by a team of creative professionals who usually brainstorm name ideas, conduct research, and test different names with a focus on the target audience and make the best final choice. 

77% of consumers are more likely to remember a product with a strong name. At the same time, a relevant name can increase brand awareness by up to 23%. Curios is that 72% of the best brand names are words or acronyms made up.

If you are launching a new product, or want to rebrand an existing business, or maybe you are going to expand into a new market, naming service is for you. It will help your business avoid costly mistakes and create a name that will help to achieve your branding goals.

For the best result, you have to choose the best naming service provider. Consider these factors for the best choice:

  • Experience and expertise 

  • Their portfolio and track record of success

  • The process they are going through

  • The cost 

  • Reviews 

  • Interview the company and see if they understand your needs.

There are more than 1221 companies on TechBehemoths that provide naming services. 

We invite you to explore their profiles and choose one that fits better with your needs.

Also, we created an advanced filter that can narrow down your choices. Alternatively, submit your project and our team will help you with this task. 

Find your naming expert and create a  memorable and meaningful name for your company, product, or service.