Authorities have welcomed the decision of US-based work management company Wrike to establish a local presence which recognises Cyprus’ growing reputation as a “tech island” in Europe. Wrike, the California-based provider of
The ANIMA Investment Network board unanimously decided to create the Euromed Tech Hub in Cyprus. It is viewed as a “significant success” for Cyprus, as the Euromed Tech Hub will function as
The biggest problem faced in the digital transformation effort is resistance to change, said Deputy Minister for Research and Innovation Kyriacos Kokkinos. He presented his Deputy Ministry’s 2023 budget and the work
Local businesses launched the Cyprus Tech Ecosystem Map, a platform that links the tech and innovation sectors to attract talent and investments. Deputy Minister for Research, Innovation, and Digital Policy Kyriacos Kokkinos
JetBrains, the Czech tech company that develops tools for software developers and project managers, has announced ambitious plans to create a hub in Cyprus. The company has relocated more than 220 staff
Cyprus’ policy to provide incentives and tax breaks to high-tech companies are gaining traction, as 7,000 work permits have been granted to those with highly specialised skills. Evgenios Evgeniou, President of the
A high-tech multinational firm is doing its bit to address the talent gap in Cyprus’ blooming IT ecosystem, as the number of technology companies increases on a geometrical scale. Kyndryl, a US
The island’s tech boom with the relocation of companies is still going strong as authorities welcome new addition, DataArt, a US enterprise software development firm. DataArt is creating a base in the
Some 67% of enterprises in Cyprus and 56% in the EU reached a basic level of use of digital technologies (digital intensity), according to Eurostat. A basic level entails at least four of
While Cyprus is experiencing a tech boom with the relocation of companies in recent years, stakeholders appear confident the island will see more arrivals after parliament approved a government incentive package. Earlier
