Agreement with Telecom Egypt to provide integrated solutions for smart homes and enhance partnership with the global "AVEVA"
Prepared for publication: Amir Taha
Engineer Amr Nour, Chairman of the Board of Directors of "IoT Misr", a pioneer in technological solutions for the Internet of Things and smart cities, confirmed in response to a question from " Alam Rakamy " that the company's business volume exceeded $5 million in 2023 and it aims to double the business volume by the end of the current year 2024, as the company is keen, as an operator of integrated systems for the Internet of Things, that its role is not limited to transferring services from providers to consumers, but rather is always keen to provide many added values to all its businesses and services.
He added that it has become one of the first companies specialized in the field of smart cities in the Egyptian market, with the scarcity of companies specialized in smart city software. The company has become the fastest growing in the sector since its launch, with great support from its possession of the best engineering cadres and competencies that supported the confidence of the real estate sector and developers in the services of "IoT Misr". Within a few years, it has become one of the strongest companies in providing smart city services, as evidenced by its experiences in a number of major smart cities. It also has special expertise in building and programming smart city applications, including lighting systems, garages, roads, traffic, and others, in addition to linking and integrating all smart systems, through cooperation with AVEVA.
In response to a question from " Alam Rakamy " about the cooperation agreement between the company and Telecom Egypt "WE", he said that we have already signed a partnership agreement with Telecom Egypt "WE" since last February to provide smart city solutions, as "IoT Misr" aims to become the owner of the first integrated system for smart city software through which it can provide comprehensive solutions for the Internet of Things in smart cities end to end. .
He added that "IoT Misr" can build smart city applications according to the different needs of customers, and aims to serve the entire real estate sector, including developers and consultants, to provide its solutions in cooperation with its partners in various smart cities. The company also seeks to seize more businesses and projects in new smart cities to facilitate life, raise the level of luxury, and protect the environment.
Regarding the company's plan to export its services abroad, Amr said that the company is studying a group of projects in Saudi Arabia, Dubai, and Africa, and these projects are currently in the design stages. The company has signed 3 major contracts in Egypt, including a well-known residential compound that included 4 smart applications in addition to an administrative project and a third administrative residential project.
He added that the company has a strong vision for the industrial, oil, and gas sectors, and to enable the industrial sector to export its products abroad, they must comply with global production standards, including the production technologies provided by IoT Misr, including remote control of factories, monitoring of all machines and production lines, and the ability to make decisions quickly while linking production information to sales.
In response to a question from " Alam Rakamy " about the company's interest in meeting the needs of small and medium-sized industrial enterprises, Amr said, "In fact, IoT Misr welcomes cooperation with small and medium-sized enterprises to achieve the ambitions and goals of these companies jointly. We want to have successful experiences and partnerships for all our customers and double their business volume and increase the competitiveness of their products using the technological solutions we provide them through a subscription and monthly payment model in order to obtain the requirements of the technological structure according to the needs of each institution and without having to bear large financial burdens to own this infrastructure.
In response to a question from " Alam Rakamy " about the company's vision for training human cadres, the Chairman of IoT Misr said that we seek to build specialized human competencies and cadres to work on securing production technology information, especially with the increasing reliance of the industry on digital technology, and thus the need for cybersecurity operations for production technologies and software increases, as the company has succeeded in doubling its workforce from 2 employees in 2021 to 25 engineers, and we plan to double them during the next year.
He added that "IoT Misr" realizes the utmost importance of the human element, so it works to enhance and provide the work team with the best expertise, competencies and engineering cadres, as well as the marketing, sales and implementation team, which confirms the strength and sustainability of the company's growth at all levels. The company is also interested in continuous communication with all engineering cadres in the market, including universities, to communicate with information security and technology students, because the most important driver within the company is the human element. The company does not distribute its profits, but rather re-injects them into employing more cadres and engineers to expand the business continuously.
Regarding the partnership with the global "Avaya", he said that in 2023, a partnership agreement was actually concluded with the American company "AVEVA", which specializes in analyzing data related to oil production, and it is continuing and achieving steady growth, as AVEVA has also developed a platform to manage a complete smart city and a factory in full and control centers in ministries such as the Ministry of Petroleum. We provide many technological solutions to our local customers through this platform, explaining that the option of smart cities is no longer just a luxury, but has become one of the main necessities for providing resources, rational management, preserving the environment and achieving the maximum possible benefits from technology by saving a lot of costs in the long run.
IoT Misr is currently focusing on developing its applications to keep pace with the latest developments and all new developments related to smart city applications, while developing data collection and analysis processes to make decisions quickly and at the right time, in addition to developing linking and integration processes between applications to achieve maximum benefit from linking the relevant applications to each other.
He explained that smart city application services are not limited to luxury solutions and end-user solutions only, but include important digital solutions for water, electricity and gas stations within smart cities and all basic resources and management and control centers in a safer and more accurate manner, which supports the immediate recovery of any problem, which contributes to preventing malfunctions and quickly resolving them before they begin to affect the city's residents, as "IoT Misr" was able to be unique within the Egyptian market by innovating and providing integration between various smart operating systems in partnership with smart service providers, where complete integration to create a unified platform for the comprehensive operation of smart city systems in more than 8 different applications.
In response to a question from a digital world about the purpose of the company's participation in the activities of the Cairo ICT 2024 exhibition and conference, the work of "IoT Misr" was launched during the participation in the activities of the CairoICT exhibition and conference for the year 2021, and it specialized in the fields of the Internet of Things, and addresses the industrial and production sector, smart cities, and the petroleum and natural gas sector, and became the first company with a comprehensive vision for an integrated smart city. IoT Misr will focus during the current year on its goals of partnership with AVEVA in smart cities to provide its products in smart cities inside Egypt. The company will also announce its acquisition of an Egyptian company specialized in the field of mechanizing equipment and machines in industrial facilities to be more efficient and double productivity using the latest electronic systems, as the value of this acquisition will exceed 50 million pounds.
