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10 Reasons Why Guatemala is the New Tech Hub

10 Reasons Why Guatemala is the New Tech Hub

Written by

Andrea Schultz



August 4, 2023

Outsourcing has become a strategic approach for businesses looking to enhance their operations, streamline costs, and tap into specialized expertise. Guatemala has emerged as a compelling and vibrant hub for software development. With its unique blend of factors, it offers a distinct advantage that makes it the best option for outsourcing software development. 

1. Growing Tech Talent Pool

  • Over 10,000 software developers in Guatemala with profiles on the platform, according to data from LinkedIn. Universities in Guatemala offer a strong focus on computer science and engineering programs. There is also a growing number of coding boot camps and tech training initiatives.

2. Competitive Cost Advantage

  • Hourly rates for software developers in Guatemala are significantly lower than in North America and Europe. Businesses can save up to 60% on development costs.

3. English Proficiency

  • Guatemala's IT professionals often have strong English language skills, ensuring effective communication with international clients. 

4. Government Support

  • Guatemala's government is actively promoting the technology sector and providing incentives for tech companies to invest in the country.

5. Cultural Compatibility

  • Similar time zones and cultural affinity with North America facilitate seamless collaboration and communication.

6. Quality Focus

  • Most Guatemalan software development companies prioritize quality and adhere to international standards, ensuring top-notch deliverables. Developers are known for their high-quality work and attention to detail. 

7. Stable Economy

  • Guatemala has experienced steady economic growth in recent years, providing a stable business environment for outsourcing partnerships.

8. Growing Tech Ecosystem

  • The tech startup ecosystem in Guatemala is expanding, leading to a culture of innovation and continuous learning. 

9. Strategic Location

  • Proximity to major markets, especially North America, enhances the ease of doing business and project management.

10. Skilled in Modern Technologies

  • Guatemalan developers are skilled in a wide range of modern technologies, including web and mobile app development, cloud computing, AI, and more.

Guatemala has become an appealing destination for software development outsourcing. With its growing tech talent pool, cost-effective solutions, English proficiency, and supportive business environment, Guatemala offers a strong foundation for successful and mutually beneficial outsourcing partnerships.

See how our team stacks up to the rest. Contact Us.

About Cognits

Cognits is a dynamic software development company empowering innovation by assisting U.S. and Latin American companies in building better products, accelerating roadmaps, and seamlessly augmenting teams and resources for growth, delivering high-end solutions with a user-centric approach at a fraction of the cost.

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