Digital transformation and maturity challenges in technology sectors

In Costa Rica, the focus of digital transformation is shifting from mere infrastructure and technology adoption to the development of local specialized capabilities. To remain competitive, the country must move beyond acquiring global platforms and focus on the ability to integrate, adapt, and optimize these tools to meet specific industrial and institutional needs. Strengthening local technological partners is seen as a key driver to ensure that the value generated by digital transformation translates into domestic knowledge and economic opportunity.

In Spain, the technology sector is seeing a rise in mature companies that have moved past the startup phase. These profitable, established firms face the strategic challenge of transitioning from founder-led management to shareholder-oriented governance. As these companies reach maturity, owners must decide between various paths, such as international expansion, incorporating new partners, or selling the company. This transition is complicated by valuation expectations, as entrepreneurs often seek high multiples based on previous high-profile deals in the Spanish ecosystem.