Egypt’s Smart City Project Boosts IT Market to EGP 41 Billion
Egypt’s government-led Smart City projects are driving the country’s IT market top EGP 41 billion by 2021, and using technology innovations to transform people’s daily lives, industry experts announced today ahead of GITEX Technology Week.
As Egypt ramps up its Smart Cities developments –– the country’s IT market is to top EGP 41 billion by 2021, according to a recent report by Fitch Solutions.
“Record-high spend on the Middle East’s Smart Cities shows the mass transition of the region’s enterprises in becoming ‘‘Intelligent Enterprises,” said Gergi Abboud, Senior Vice President and General Manager, SAP Middle East South. “GITEX Technology Week is an ideal platform to showcase how Intelligent Enterprises and Smart Cities can leverage data more effectively to draw meaningful insights that can transform citizen services, enhance daily lives, and ultimately make the world run better.”
Supporting digital transformation of Egypt’s industry verticals and lines of business, at GITEX, SAP will exhibit under the theme “The Intelligent Enterprise,” with a central showcase of how the future of Smart Cities can reimagine daily lives in the Digital Economy. Visitors will be able to experience intelligent entertainment parks, blockchain for supply chain, smart sports, Intelligent Enterprises, and Future of Work.
Helping to catalyze Smart Cities growth, SAP is seeing strong progress on its recent opening of cloud data center in the UAE, which is open to customers in Egypt.
“Egypt’s strong Smart Cities development and robust IT market are markers of how Egypt Vision 2030 is accomplishing its goal of the smart transformation of the country’s economy, society, and environment,” said Hoda Mansour, Managing Director, SAP Egypt. “GITEX is a prominent event for showcasing how a digital foundation can transform Egypt’s Intelligent Enterprises and Smart Cities to enhance customer experiences. We are also enhancing our relationships with our Egyptian channel partners, and fostering young talent job creation.”
During GITEX, visit the SAP stand at the Dubai World Trade Centre – Hall 6 from 14-18 October 2018. Visitors can experience solutions running on the SAP HANA in-memory platform, SAP S/4HANA real-time business suite, SAP C/4HANA customer experience solutions, and SAP Leonardo digital innovation system.