The increasing demand of organizations looking to open lower-cost operations and to improve their back-office abilities in Costa Rica has helped the country become a leading technology cluster in Latin America.
The value of establishing operations in this country is that there are other companies dedicated to the shared services, technology, and intelligence automation sector that have built a culture of innovation among the highly qualified Costa Rican human talent.
According to CINDE, Costa Rica’s tech industry is experiencing an exponential growth due to lower computing costs of the Internet of Things, such as sensors, connectivity, and cloud access. The country is the top choice for companies dedicated to areas such as software, data analysis, cloud services, cybersecurity, and user experience.
Another factor to consider is that there are abundant entrepreneurial activities in Costa Rica, with flourishing new offers for outsourcing services like manufacturing, microchips, life sciences, software and fintech.
“Costa Rica is the ideal associate to digitalize businesses, in an environment that responds, and connects to the ever-changing evolution of the client’s needs. Today, Costa Rica is an intensive economy of knowledge, that exports twice the number of shared services than the average OECD members. And it is home to 16 out of the 100 most influential technology enterprises in the world. (CINDE, 2021)”
Additionally, tech companies opening offices in Costa Rica find the technically-trained and multilingual human talent required to conduct effective business operations, with 2500 IT professionals and more than 2000 students graduating from STEM majors every year, according to CONARE.
In recent times, motivated by the ongoing COVID-19 emergency worldwide, Costa Rica’s workforce has adapted to changes in operations, while maintaining business continuity. As for 2020, there was an average of 179% of mobile penetration in the country, making it the second most digitally connected nation in Latin America.
The capital, San José, and the second most influential province, Heredia, are considered the best-connected places for information technologies in Latin America according to Site Selection Magazine. Business Parks such as AFZ, which are located between these two cities, offer key access to the nearby concentration of human talent and the technological community built by the other companies based at their facilities.
About the tech community at AFZ. The business park, as a free zone, has the experience of hosting industry leaders for more than 20 years and understands the importance of ideal workspaces, facilities, and customer services to help the companies create the workflow they are looking for.
AFZ offers technology related companies an advantage over other corporate centers in Costa Rica: expandability. The facility adaptations and growth possibilities at the business park offer few to no space constraints for the development and innovation of the tech industry.
