• Egypt operation is in line with the company’s global expansion plan and strategy to lead transformation of citizen services and build data-driven ecosystems

Cairo, Egypt: Software AG (Frankfurt MDAX: SOW) has recently expanded its operations in Middle East & Turkey with foray into Egypt, to further boost digital transformation initiatives, in line with Egypt’s ICT 2030 strategy and the larger vision. The company aims to double its growth by 2026 by connecting people, technology and processes through seamless consolidated, cloud-native, conformed hybrid integration and data integration capabilities solutions to build modern digital backbones.

The launch of the brand new office was graced by diginiateries and senior business executives that included Eng. Atef Helmy - former Minister of Communications and Information Technology and Chairman Prime Business Consulting joined by Ahmed Helmy, CEO – Prime Business Consulting and opening remarks by German Economic Counsellor Alexis Below - German Embassy Egypt amongst various other officials, customers and partners.

The expansion to Egypt is in line with the company’s agenda of creating sustainable future connected enterprises in support of the country’s digital goals towards building a robust digital economy. The company will play a vital role in enabling Egypt’s fourth-generation cities, modernizing government processes and empowering and delivering efficient and personalized citizen-centric experiences by accelerating business transformation and building powerful data-driven IoT and Integration ecosystems.

The solutions unlocking these opportunities are Software AG’s industry-leading suite of products across integration & API management, IoT & analytics and business transformation which create a fluid flow of data between people, departments, systems and devices.

Software AG currently collaborates with leading public-private entities in the country that invest significantly to drive a strong course of transformational services. These include government, telcos, utilities, oil & gas, finance & banking, manufacturing amongst other key verticals.

Rami Kichli, Senior Vice President, Middle East and Turkey, Software AG said: “With the country empowering the private sector to act as a catalyst towards its transformation goals, our in-market presence reflects a long-term strategic view for Egypt to strengthen our role in the country’s digital transformation endeavours by simplifying connected enterprises for a vibrant connected economy. Moreoever, with rising inflation and need for businesses to navigate challenging times with streamlined operations, Software AG continues to explore opportunities that create value and deliver breakthrough innovations in line with Digital Egypt and the country’s overall digital transformation goals.”

Software AG’s Egypt business is fast-growing and is expected to witness 100% growth in the next three years, following promising numbers achieved in 2022. The opening of a full-fledged office in the country is a steadfast and long-term commitment by Software AG to unlock growth opportunities in Egypt across sectors.

Moataz Ganzory, Country Head, Egypt, Software AG said: “Software AG has been deep-rooted in the country long before its physical presence. Our investment in Egypt towards the new office demonstrates our commitment to the country’s rapidly growing economy founded on innovation. Moreover, our outstanding pool of talent from Egypt and across the region will directly impact strategies with a strong focus on building future-ready business and operational models to drive new business value in line with the country’s ambition to boost digital economies.”

In line with Software AG’s growth plans, the company plans to create several new job opportunities in its Egypt office in the coming years.

Software AG works with leading strategic partners that include Prime Business Consulting and leading local system integrators such as Asset Technology, GET Group & Intercom Enterprises to implement solutions that transform organizations across various sectors to achieve national digital transformation goals. Moreover, Software AG PartnerConnect program empowers its partners to better deliver outcomes based on its products to meet evolving customer’s needs.

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About Software AG

Software AG simplifies the connected world. Founded in 1969 it helps deliver the experiences that employees, partners and customers now expect. Its technology creates the digital backbone that integrates applications, devices, data and clouds; empowers streamlined processes; and connects “things” like sensors, devices and machines. It helps 10,000+ organizations to become a truly connected enterprise and make smarter decisions, faster. The company has more than 5,000 employees across more than 70 countries and annual revenue of over €830 million. Its ambition is to exceed €1 billion of organic revenue in 2023.