Prodapt has announced plans to invest $7 million in its operations in Panama.

Prodapt, a leading tech solutions provider for the connectedness industry, is making significant strides in expanding its operations in Panama, a Central American country known for its nearshoring advantages in the IT sector.
Prodapt

Prodapt, a leading tech solutions provider for the connectedness industry, is making significant strides in expanding its operations in Panama, a Central American country known for its nearshoring advantages in the IT sector. With a hefty investment of $7 million, Prodapt aims to capitalize on the nation’s favorable business environment and tap into the growing opportunities in the region.

The company’s investment in Panama is expected to yield substantial benefits, including the creation of approximately 500 job opportunities. These roles will primarily focus on key areas such as cloud computing, artificial intelligence, and technical support. The company recognizes the importance of nurturing talent in these cutting-edge domains to deliver top-notch services to its clients.

Out of the $7 million investment, the company has already allocated around $5 million towards building its center and developing its workforce. The company’s journey in Panama began with a modest setup of just six employees. However, over the past two years, it has witnessed rapid growth, expanding its team to 200 skilled professionals. These dedicated individuals cater to the company’s American clients in the communication service providers’ domain, providing essential delivery and troubleshooting services.

The expansion of the company’s operations in Panama is a testament to the company’s commitment to delivering high-quality services and meeting the evolving needs of its clients. As a pioneer in its field, the ompany holds the distinction of being the first India-headquartered technology services and consulting firm to establish a presence in Panama. This strategic move allows the company to leverage Panama’s skilled workforce and favorable business environment, which have played pivotal roles in the successful scaling of its operations.

Harsha Kumar, CEO of Prodapt, expressed his enthusiasm about the company’s progress in Panama. He highlighted the significant growth Prodapt has experienced over the past two years, crediting it to the exceptional workforce and conducive business climate in the country. Kumar further emphasized Prodapt’s dedication to continuing this upward trajectory, expanding its employee count in Panama to exceed 300 by the end of the year.

By investing in Panama, Prodapt is not only expanding its global footprint but also contributing to the economic growth and job creation in the region. The company’s focus on advanced technologies such as cloud computing and artificial intelligence aligns with the industry’s ongoing digital transformation. With its expanded operations, Prodapt aims to deliver innovative solutions and seamless technical support to its clients, empowering them to thrive in the rapidly evolving connectedness industry.

One of the key advantages that Panama offers is its highly skilled workforce. Prodapt recognizes the immense potential of the local talent pool and aims to tap into it by creating around 500 new job opportunities. These positions will focus on critical areas such as cloud computing, artificial intelligence, and technical support, catering to the evolving needs of its clients and the industry as a whole.

To realize its vision, Prodapt has already allocated $5 million to build out its center and strengthen its workforce. This significant investment demonstrates the company’s long-term commitment to the region and its belief in the growth potential of the Panamanian market.

Prodapt’s journey in Panama began with a humble start—a small team of just six employees. However, the company’s dedication to delivering exceptional services has fueled its rapid expansion. Over the past two years, Prodapt has grown its team to 200 professionals, specializing in providing delivery and troubleshooting services to its American clients in the communication service providers’ domain.

As Prodapt’s operations continue to thrive in Panama, the company expects its employee count to surpass 300 by the end of this year. This growth not only solidifies Prodapt’s position as a key player in the market but also reflects the increasing demand for its services and the company’s ability to attract top talent.

As Prodapt solidifies its presence in Panama, it reinforces its commitment to delivering excellence, leveraging top talent, and capitalizing on strategic opportunities. With the nearshoring advantage offered by Panama, Prodapt is poised to make significant contributions to the technological landscape while fostering economic growth in the region.

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