There are 2 Companies in Venezuela
that provide Security Services!

Venezuela is probably not the best example of a well-developed IT hub with lots of web agencies and IT firms, but it was not always like that. Since 2019 the country started to confront the political crisis which automatically transformed into an economic, social, and migration crisis. The political transformations were not accepted by local society nor by the western international community, the oil price went low down to historical records, and the local currency - Venezuelan Bolivar, also depreciated drastically compared to the USD. 

And if 2019 wasn’t enough, in 2020 the pandemic hit the country and caused heavy casualties to the country that struggles to rebuild its economy and society. 

Why You Should Work With IT Companies From Venezuela

But before all this happened, Venezuela was one of the most competitive countries in IT in the region, leading even several positions on the regional market. Skilled professionals made the country a great BPO destination for foreign companies and Data Mining was at its highest in Latin America. 

Right now, Venezuelan IT companies are struggling to attract new customers from the region, and support the national economy by providing a decent level of living standards to its workers. Even compared to other countries, the average hourly rate of a web project is lower: ~5,26 USD. And the yearly average wage inside the industry is $11,113 according to PayScale data.

At the same time, the quality and performance of web agencies from Venezuela remains average, and this is just one more reason why to choose Venezuelan-based agencies for outsourcing, or even for a business of your own.

What to Pay Attention to When Working With Venezuelan Agencies

The political transformation and institutional changes in Venezuela, made the country unstable and presents certain risks for potential investors and clients, but as well to IT companies that still selected the country as their operational center. High taxes, nationalization of private property, international restrictions, and low economic growth are only a few of the challenges the IT sector in Venezuela faces. All these lead to poverty conditions and make companies rethink their strategy or even to move out of the country. 

However, Venezuelan IT companies are unattractive just because the country is changing, not in the best way. And also the skilled workers’ shortage, that got even worse - more than 1.3 million people fled the country in 2019-2020. 

How Reliable Are Venezuelan IT Companies

Regarding the trust level of Venezuelan IT companies - it’s lower than ever, but still, they manage to survive mainly due to the few remaining BPO centers in the country. Other companies based in the neighborhood are a way better alternative due to economic stability and well-developed IT industry. 

All in all,  right now Venezuela faces an unprecedented crisis, but it still has the chance to emerge as one of the region’s leaders in information technology.  Like we’ve seen in other cases, the IT market is unpredictable and can power up an entire country’s economy and transforming it into a digital leader out of nowhere. But it all depends on the moves the government will take further. 

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.