Bermuda is the top jurisdiction for technology leadership in Latin America and the Caribbean according to the Smart Centres Index.

Developed by London-based think-tank Z/Yen, SCI evaluates the capabilities of global commercial centres to innovate and implement advanced technologies across key areas such as science, technology, and fintech.

Kendaree Burgess, managing director of the Bermuda Business Development Agency, said: “Bermuda’s top ranking in the Smart Centres Index underscores our commitment to build a resilient and innovative economy.”

She said reaching first place in the Latin America and Caribbean region reflected the dedication of Bermuda’s public and private sectors in establishing the island as a trusted global hub for technology.

“This accomplishment sets us apart from competing jurisdictions, highlighting not only our ability to adapt to a rapidly changing landscape, but also our drive to lead in emerging fields.

“Moreover, this recognition aligns directly with Bermuda’s broader economic development strategy, reaffirming our commitment to fostering growth, innovation, and sustainability,” she added.

The BDA said Bermuda’s success not only outpaced strong regional competitors like Mexico City and the Cayman Islands, but also highlighted its position as a trusted leader for technology-driven industries.

Z/Yen chief executive officer Mike Wardle said economic development increasingly depends on the application of new and innovative technologies to a wide range of activities.

“Places that are able to support innovation through their regulatory and business environment, and through the development of talent will thrive in the economy of the future,” he said.

“Bermuda is showing leadership in the region in the development of innovative industry.”