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Cyprus IT Forum 2021 attracted high interest and participation for its 3rd edition in Cyprus

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IT representatives and high-tech lovers had the chance to get up-to-dated on the new technological updates, the era’s digital challenges and the innovation of current information systems, during the Cyprus IT Forum 2021, which was organized at the Amara Hotel in Limassol. The event was marked by a large attendance and great interest by attendees.

At the convention’s opening ceremony, Dr. Nikolas Mastroyiannopoulos, Chief Scientist for Research & Innovation of the Republic of Cyprus and Chairman of Research & Innovation Foundation delivered a speech on behalf of Mr Kyriakos Kokkinos, Deputy Minister of Research, Innovation and Digital Policy, expressing the immense importance of the IT and digital modernization, a fact that has strongly emerged during the Covid-19 period, when technology was the factor that kept the economy and the citizens’ psychology going, during this difficult conjuncture.

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Additionally, he highlighted the State’s intention to contribute towards converting Cyprus into a faster evolving hub of developing new IT technologies in Europe. The Deputy Ministry’s intention, added Dr Mastroyiannopoulos, is to develop specific collaborations with all other key Ministries, so as to strengthen innovation and digital upgrade through actions, such as the provision and development of 5G infrastructure, which will help the companies within the industry to operate in Cyprus. Parallelly, he noted that very soon there will be announcement of specific interventions in our regulatory, taxation and immigration policies, incentives directed to both corporates and individuals, measures to enhance digital fitness across industry and society, and tools to facilitate access to funding, encourage R&D activity, advance digital transformation of businesses and promote the development of new ventures.

During the Forum, various main industry challenges were developed by renowned speakers, as the need for approaching international markets by Cyprus was highlighted. In this frame, Mr George Campanellas, CEO of Invest Cyprus has made a special presentation that involved the competitive advantages of Cyprus, which make the island a unique candidate for becoming a leading technological hub in the Middle East, attracting thus, more IT leading companies.

The Cyprus IT Forum, which has already been established as the ultimate technology institution, managed to bring together global visionaries of the IT and digital innovation industry and powerful Cypriot entrepreneurs, with the aim of establishing our country as a trusted strategic business center for companies that represent the IT technology, globally.

Mr Nikita Daniels, Organizer of Cyprus IT Forum expressed his gratitude to all the participants and sponsors of the forum and renewed the established meeting for next year for all the members of the local and global IT industry.

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