There are 1 Companies in Nicaragua
that provide Security Services!

In the last decade, Nicaragua has managed to improve its educational, social, and infrastructural systems despite the regional context - the LatAm has become one of the least stable regions for investors. Also, even with small steps, the Nicaraguan economy registers positive growth, 0.6% per year, which gives a ray of hope to already existing foreign investors in the country. 

All these factors, helped the local IT industry to overcome challenges and difficulties that the entire region confronts, and thus, placing Nicaragua as the top digital services provider in the region. 

According to Payscale, the average salary in the IT system in Nicaragua reaches 24K USD/year, even if the country, like many others in the region transformed into a BPO center for North American companies, especially from the US and Canada. 

Investors have access to cheap skilled professionals, cheap real-estate, and also to fiscal facilities established by the government to stimulate the IT industry’s growth. 

Why you should work with Nicaraguaian IT companies

Human resources - plenty, educational level - relatively high compared to the region, IT infrastructure - decent, but could be better. These are the key factors that attract both companies and clients to the Nicaragua tech market. 

Yes, probably it’s not the brightest choice, but for North American companies and investors, Nicaragua can be considered a gold mine. 

For a long time, Nicaragua has been a BPO center, locals also started to develop their own businesses in the IT sector, benefiting from not already skilled, but now even experienced workforce that is able to handle almost all types of digital projects. Even if we are not talking about a startup boom, the already existing IT companies from Nicaragua can compete with North-American companies at certain levels and services. 

What you should pay attention to when working with IT companies based in Nicaragua

One thing that Nicaragua misses is the business culture, and along with it - low project management and communication skills that are vital to attracting clients. This is rather a challenge than a missed opportunity, but by the time this challenge will be overpassed, Nicaraguan companies will lose their competitiveness.

Are Nicaraguaian Companies reliable?

In terms of reliability, Nicaragua has an important advantage. Professionals that worked for international companies in the BPO are now working for their own companies. The rich experience and connections gained previously, help Nicaragua companies find clients and partners for their digital projects. 

How does the Nicaraguan tech industry relate to the neighboring countries?

With Colombia and Peru as neighbors, the Nicaraguaian IT industry is in full development. But even so, it will take some time to get ahead of them.  According to the Global Innovation Index 2020, Nicaragua is in the 99th position out of 130 countries, while Colombia is in the 68th position and Peru at 76. 

Nonetheless, in the digital era, overnight transformation is real and, if implemented correctly, the reforms in the IT industry can make Nicaragua one of the most developed countries in LatAm

IT Industry in Nicaragua in 2022

2022 might be tense for the IT industry in Nicaragua as the Meta company accuses the country of hosting troll farms. As a direct consequence, more than 1000 accounts have been shut down on Instagram and Facebook. So even if the Nicaraguan authorities will run reforms in the IT sector, it could already be compromised in the long run if the accusations prove to be true. That's one reason why Nicaragua may not benefit from foreign investments and even lose the existing ones in 2022

Security service is when a company contracts with a third-party service provider to manage its IT security - from monitoring and detection to incident response. This service can free up internal IT staff to focus on other priorities and give them the opportunity to access the latest security technologies and expertise.

The global managed security services market size is estimated to reach $87.5 billion by 2030. This growth can be explained by the increasing number of cyber-attacks, the increasing complexity of IT infrastructure, and the need for organizations to improve their security.

So, security service is a good option for businesses that:

• Do not have the in-house expertise to manage their own security

• Want to free up their IT staff to focus on other priorities

• Are looking for a cost-effective way to improve their security posture

Key benefits of security service are:

• Reduced costs

• Increased efficiency

• Improved security posture

• Reduced risk of data breaches

Before choosing a security solution provider it is important to take into consideration their experience and expertise, the specific security service they offer, pricing,  track record of success, and customer support. 

At the same time, the security provider you need depends on the size and complexity of your IT environment, as well as the specific security risks that you face. Assure that you have a clear understanding of the provider's security capabilities and limitations before you sign a contract.

Considering these factors, you’ll choose a security company that will improve your IT security posture and protect your business from cyberattacks.

There are more than 552 companies, on the TechBehemoths platform that can improve your company's security posture. Feel free to contact them. Explore their profiles, reviews, prices, and portfolios and make the best choice. To narrow the result you can use fiter. Or, you may submit your project and our team will choose the most suitable companies that fit your needs.

To know more about what are the main risks that IT businesses face and what are the most common types of cyber attacks we invite you to visit our blog.