Picking up steam in 1997 with Intel opening of a microchip factory and an $800 million USD investment, Costa Rica has since blossomed into a key tech hub in Latin America, according to an article from Nearshore Americas. But leaving the landmark Intel investment aside (the factory is now closed), the country is fostering growth through government spending in the space, high public funds devoted to education and tax-friendly technology parks that attract investors and talent from around the globe. With a population of five million inhabitants and 51,000 square kilometers, the number of companies in the country has reached over 546 IT companies, 3,447 manufacturing (including medical components), and performed 12,281 various commercial activities by 2018. This activity generated over 300,000 jobs, according to the National Institute of Statistics and Census. One of the major fields in the current technological revolution is artificial intelligence (AI), of which a high amount of development is occurring in Costa Rica.
Costa Rica's electric grid ran exclusively on renewable energy for 150 days so far this year, the country's power operator said late last week. Half of those days were achieved in only the last few months. The Central American nation was powered for 76 straight days on carbon-free electricity from June 16 to Sept. 2, according to the Costa Rica Electricity Institute (ICE). SEE ALSO: The U.S. finally has its first offshore wind energy farm, after a decade of trying It's easy to point to Costa Rica's clean energy success as a model for fossil fuel-dependent nations to follow. However, it's not an example that the big polluters of the world can easily emulate anytime soon.
Explore emerging technologies, connect with experts, and learn about their hands-on experiences with a variety of groundbreaking technical solutions. Gorilla Logic provides Agile teams to Fortune 500 and emerging companies, bringing unparalleled expertise in delivery of full stack web, mobile and enterprise apps. Our Boulder HQ and Costa Rica Development Center come together to build high-performance, integrated teams based on top-quality talent. These highly-collaborative Gorillas work with our clients' existing processes and work schedules to deliver game-changing results on their most critical projects. Paola is a Lead Back End Developer at Gorilla Logic.
A magnitude 7.0 earthquake hit off the Pacific coasts of Nicaragua and El Salvador on Thursday, promoting tsunami alerts in both Central American nations. The U.S. Geological Survey said the epicenter was about 95 miles (153 kilometers) south-southwest of the port of El Triunfo, El Salvador. The quake was felt in various points of Central America including Guatemala, Nicaragua and Costa Rica. There are no immediate reports of damages or injuries from the quake. Lina Pohl, El Salvador's environment minister, said there was a tsunami alert.