The Country Strengthens Its Role in the Region’s Digital Transformation
Panama is steadily consolidating its position as a major player in the Latin American technology scene. Thanks to its strategic location, modern infrastructure, and business-friendly environment, the country is rapidly becoming a Panama technology hub for innovation and digital development.
This week, the Panamanian company Coderland announced a strategic alliance with the international firm Izertis, further solidifying Panama’s standing as an emerging technology hub. As part of this agreement, Izertis has acquired a 50% equity stake in Coderland, opening a new chapter of growth for both companies and Panama’s digital ecosystem.
A Strategic Alliance with Regional Impact
Coderland, a company specializing in software development, is headquartered at the renowned City of Knowledge, an innovation campus that hosts businesses, universities, and research centers. It also operates work centers in Guatemala and El Salvador, positioning itself as a key regional player.
Coderland can expand its operations, open new production centers across Central America, and attract more tech talent through the new alliance. This will enhance its ability to provide higher-quality services to clients across Latin America, where demand for digital solutions continues to grow.
“This alliance allows us to grow, improve our services, and attract the best professionals in the region,” said Jorge Rubia Antúnez, Coderland’s representative. Through this strategy, the company aims to increase its workforce and enhance its portfolio of digital solutions for sectors such as banking, telecommunications, retail, and public services.
Who is Izertis?
Izertis is a Spanish technology consulting firm that offers services in digital transformation, artificial intelligence, blockchain, cybersecurity, and software development. With a presence in the United States, Mexico, Colombia, and several European countries, Izertis has experienced rapid growth in recent years and is now making a strong push into Latin America as part of its international expansion strategy.
The integration with Coderland will allow Izertis to broaden its operational base and tap into Panama’s local talent pool to develop new projects. According to Pablo Martín, CEO of Izertis, “This alliance gives us flexibility and access to highly skilled professionals. Moreover, Panama is a strategic point for our expansion.”
The Spanish company sees Panama as an ideal location to centralize operations that can support clients across Latin America and other emerging markets, thanks to its connectivity, economic stability, and commitment to digital transformation. It also recognizes the enormous potential of the Panama technology hub to fuel innovation and deliver cutting-edge solutions throughout the region.
Benefits for Panama: More Jobs, More Investment, More Opportunities
The alliance between Coderland and Izertis will benefit the companies involved and boost Panama’s tech ecosystem overall. The collaboration is expected to create more high-quality jobs, new opportunities for local software developers, and an increase in foreign direct investment in the country.
For young Panamanians seeking a career in technology, alliances like this represent an opportunity to receive training, gain international experience, and work on high-impact projects without leaving the country. Additionally, the arrival of new investments may stimulate the creation of startups, foster technological entrepreneurship, and further energize the national economy.
This alliance will also strengthen the City of Knowledge, where Coderland is based. The scientific and business campus continues to attract tech companies seeking a collaborative environment and a vibrant ecosystem of innovation, research, and development, further enhancing the reputation of the Panama technology hub.
Coderland: A Panamanian Success Story
Coderland has positioned itself as one of the most important technology companies in the region. Last year, it reported revenues exceeding €9 million, reflecting its constant growth and ability to adapt to a rapidly evolving market.
Its business model, based on distributed talent, tailor-made projects, and high-quality service, has been key to its success. Thanks to its regional approach, it has built multicultural work teams and offered solutions tailored to the realities of different markets.
Through its alliance with Izertis, Coderland will gain access to more financial, technological, and commercial resources, which will accelerate its growth and strengthen its presence across Latin America. Furthermore, it can integrate global best practices in project management, process innovation, and developing new digital products.
Panama: A Growing Technology Hub
The growth of Coderland and its new strategic alliance reflects Panama’s momentum as a technology hub. Increasingly, international companies are choosing to establish operational centers, innovation labs, and digital services hubs in the country.
The Panamanian government has also promoted initiatives to foster economic digitalization, improve connectivity, and attract investment in high-tech sectors. Training programs in programming, artificial intelligence, and cybersecurity aim to prepare the workforce for the demands of the digital economy.
Moreover, Panama’s geographic location, macroeconomic stability, and world-class logistics infrastructure—including the Panama Canal, ports, and Tocumen International Airport—make it an ideal destination for tech companies looking to access Latin American and global markets.
A Promising Future
The alliance between Coderland and Izertis marks an essential milestone for Panama’s technology ecosystem. It strengthens a local company and signals that the country is ready to lead in Latin America’s digital transformation.
With more talent, investment, and innovation, Panama is cementing its position as a strategic destination for technological development. All signs suggest that this is only the beginning of a success story that promises to continue growing in the years to come.