Page 49 - SAMENA Trends - December 2023
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REGIONAL & MEMBERS UPDATES  SAMENA TRENDS

        ITIDA, Siemens Forge Strategic Partnership to Propel Egypt’s Digital

        Transformation, Talent Development


        The  Information  Technology Industry
        Development  Agency (ITIDA), serving
        as  Egypt’s Ministry of Communications
        and  Information  Technology’s  (MCIT)
        executive  IT  arm and  a  hub  for foreign
        investors in IT and business services, has
        signed  a  Memorandum of Understanding
        (MoU) with  Siemens  Digital  Industries
        Software.  This  global  leader  in  digital
        transformation solutions  is  partnering
        with  ITIDA to expand  its  research  and
        development in Egypt, nurture local talent,
        and promote technological innovation. The
        MoU signing,  attended  by Prime Minister
        Mostafa  Madbouly and  Minister  Amr
        Talaat,  signifies  the  government’s  robust
        support  for the IT sector and a  mutual
        pledge  to foster technological  progress
        and economic growth in Egypt. Under the   national training programs to boost export   and  digital  industries.  Ahmed  El-Zaher,
        MoU,  Siemens  Digital  Industries  Software   capabilities.  Moreover,  the  partnership  is   CEO  of  ITIDA,  emphasized  the  strategic
        will  receive  ITIDA’s  backing  to broaden   dedicated to empowering local electronics   importance  of the  partnership:  “This
        its  Egyptian  operations,  especially  in   startups  and nurturing an  innovation   collaboration transcends mere operational
        engineering,  research and  development   ecosystem, offering initiatives like access   expansion; it’s a critical move to accelerate
        (ER&D),  and  electronics  design.  The   to electronic design  automation (EDA)   our local IT and high-end service exports.
        agreement  also  promotes joint  efforts   tools,  training,  mentorship,  and  technical   Aligning  with  Siemens  Digital  Industries
        to  enhance  local  talent  through  top-  assistance.  Mike Ellow, Executive Vice   Software, a global  tech  giant,  we aim to
        tier  training  in  cutting-edge  electronic   President  of Siemens  EDA, commented:   boost Egypt’s global tech competitiveness
        design  technologies  and  to generate   “Today’s agreement  underscores  several   and create ample job opportunities for our
        job opportunities  in  line  with  Siemens’   key  achievements.  It  recognizes  Siemens   rich talent pool and skilled workforce.” As
        growth objectives in Egypt. Minister Talaat   EDA’s  28-year  legacy  as  a  frontrunner  in   the catalyst for Egypt’s IT sector, ITIDA is
        remarked on the partnership’s significance:   advanced  semiconductor and  electronics   dedicated  to  fostering  a  business-friendly
        “This collaboration marks a key milestone   design  technology  in  Egypt,  made  environment. Supporting  Siemens  Digital
        in  Egypt’s  digital  evolution,  affirming  our   possible  by the  country’s  exceptional   Industries  Software’s growth plans,  ITIDA
        commitment to  elevate  Egypt’s  standing   engineering  talent.  It  also  marks  a   seeks  to draw foreign  direct  investment,
        in  the  electronics  industry  via  the  ‘Egypt   deepened  collaboration  with  MCIT/  enhance  ICT  service  exports,  and
        Makes  Electronics  Initiative.’  It  acts  as  a   ITIDA to expand Egypt’s tech ecosystem.”   solidify  Egypt’s  role  as  a  regional  hub  for
        springboard  for cooperation,  knowledge   Ellow added: “This  agreement  reinforces   electronics  design  and  digital  solutions,
        exchange, and  tech  advancement, driving   our ongoing  collaboration  with  the   in harmony with the Digital Egypt Strategy
        Egypt’s  ICT sector to global  prominence.”   government,  academia, and  local  entities   for  the  Offshoring  Industry  (2022-2026).
        The ITIDA-Siemens alliance aims to bolster   to support  our advanced  development   Renowned for its trailblazing solutions that
        Egypt’s  IT  and  electronics  industries   center’s growth in Egypt for the next three   empower  digitalization,  Siemens  Digital
        and  generate  employment  for its  youth.   years.  We  are  committed to aiding  local   Industries  Software is  set  to expand  its
        Egypt  boasts  the  largest,  youngest  talent   SMEs in  semiconductor and  electronics   Egyptian operations, thereby strengthening
        pool  in  the  Middle  East  and  the  second-  design  and  to establishing  Egypt as  a   its  local  presence  and  contributing  to  a
        largest  in  EMEA,  with  approximately   regional  tech  hub.”  The  ITIDA  is  set  to   dynamic electronics  design  and  digital
        600,000  university  graduates  entering  the   provide  comprehensive  logistical  support   industry  ecosystem.  In  this  partnership,
        job  market  annually.  Capitalizing  on  this   to Siemens  Digital  Industries  Software,   Siemens  Digital Industries  Software will
        talent reservoir, Siemens Digital Industries   including connecting with local talent and   actively  collaborate  with  local entities,
        Software  intends  to  significantly  increase   engineers.  ITIDA  will  also  recommend   including  esteemed  academic institutions
        its  Egyptian  footprint  by  hiring  at  least   Siemens  for  government  incentives  (National  Telecommunication  Institute,
        20%  new local  employees  each year,   aimed  at  the  electronics  design  sector,   Information  Technology  Institute, and  the
        targeting a workforce of 1800 within three   reinforcing Egypt’s  ambition  to become  a   American University  in  Cairo),  research
        years. This expansion will be supported by   premier destination for electronics design   centers,  and  industry associations.  The


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