Bermuda residents are early adopters of technology, both at home and at work. Bolstered by a robust IT, legal and regulatory framework, the Island possesses excellent fiber optic connections, a talented service environment, and significant access to capital for investment and expansion.
The Island also enjoys global branding as a secure, safe and friendly jurisdiction for business.
The 2014-15 State of ICT in Bermuda report has shown that:
- 99% of businesses have Internet access
- 89% of households have access to the Internet
- 85% of households own a smartphone
- 93% of businesses uses technology for business to business interactions, such as procurement, inventory control and payments
- 89% of businesses use technology for business to consumer interactions, such as facilitating payment, sales and providing information
- 82% of businesses use technology for business to government interactions, such as payroll tax, immigration and social insurance
