Tag Archives: sector
Communications sector contributes 5.8% to GDP in FY 2023/24: Talaat
Technology tamfitronics Amr Talaat, Egypts Minister of Communications and Information Technology, has emphasized that the success of Egypts communications and IT sector is built on its human capital and expertise, which have been driving growth for six consecutive years. Thanks to the skills of those working in this field, the sector’s contribution to Egypts GDP has risen significantlyfrom 3.2% six years ago to 5.8% last fiscal year.Talaat delivered these remarks during the Tech Heritage IBM Business Partners Forum and the celebration of IBMs 70th anniversary in Egypt. The event was attended by Sherif Farouk, Minister of Supply and Internal Trade; Ghada Labib, Deputy Minister for Institutional Development; Raafat Hindi, Deputy Minister for Infrastructure Development and Digital Transformation; Bakr El-Bayoumi, Deputy Minister for Research and Technological Planning; Ahmed Elzaher, CEO of the Information Technology Industry Development...
Mumbai’s BFSI Sector Gears Up for Transformation at the 24th Edition of BFSI IT Summit, Business News
Business new tamfitronics MUMBAI, INDIA, July 4, 2024 - (ACN Newswire) - The banking, financial services, and insurance (BFSI) sector in Mumbai is currently undergoing a profound transformation, fueled by rapid technological advancements and a significant increase in digital adoption. Emphasizing a strong commitment to digitalization, key stakeholders in Mumbai are championing initiatives akin to advancements in digital payments and the establishment of the Digital Banking Transformation Office. These efforts are propelling the BFSI landscape forward, fostering innovation and paving the way for sustained growth and competitiveness in the region.The summit serves as a strategic platform to delve into critical themes shaping the future of finance, such as digital payments innovation, cybersecurity resilience, AI and machine learning integration, cloud computing strategies, and enhancing customer experiences in digital banking. Participants can expect insightful discussions, keynote addresses...
Why the public sector should be the standard-bearer for remanufactured tech
Technology tamfitronics (Image credit: Shutterstock / fizkes)As the technology industry evolves rapidly, the demand for new products continues to grow. The announcement by Microsoft that they will no longer support Windows 10 from October 2025 has left customers and businesses aware that they may need to upgrade their business laptops within the next year, even if their current model is still up and running.The move was discussed recently at the Re: Sustainable IT Summit in the United Arab Emirates. A spokesperson at the summit from Canalys, a global technology market analyst firm, predicted that 240 million business computers could become e-waste because of these changes. With 85% of carbon emitted from a laptop coming at the production end, this is a concerning figure.Against this backdrop the stage is set for the increased adoption of remanufactured...