e-finance intends to launch an integrated platform for cloud computing services

Daily News Egypt
4 Min Read

e-finance for financial and digital investments announced on Wednesday its intention to launch the largest and latest integrated cloud computing platform in Egypt during its participation in the Cairo ICT exhibition and conference.

The conference is scheduled to be held from 27 to 30 November 2022 in cooperation with leading entities in digital transformation worldwide, including VMware, Cisco, IBM, Dell, Pure storage, Huawei, Redhat, F5, Citrix, Paloalto, Fortinet, and Commvault.

Through its expected platform, e-finance aims to accelerate the implementation of various digital transformation initiatives in government institutions, the banking and non-banking sectors, in addition to the private sector to keep pace with the developments of the global economic scene on the one hand and achieve the best growth rates that the country seeks to achieve for the following years on the other.

The new platform is set to be a pivotal pillar for growth and efficiency for organisations to enhance their ability and keep pace with the great surrounding changes and the speed of digital transformation that the world is witnessing.

Furthermore, the platform will provide its customers with a unique package of integrated products and services — the first of its kind in the Egyptian market — which will allow a wide range of technologies for customers to contribute to the expansion of their activities in a short time by implementing and developing a large number of businesses and transactions, thus achieving the greatest efficiency. It will also give customers the freedom to experiment and test new ideas before they announce them to the beneficiaries of their activities.

The platform is very flexible, enabling each customer to define its use and control the volume of its activity according to its needs, which will provide great flexibility to reduce costs.

Moreover, it is equipped with the latest secure computing technologies, providing multiple digital services such as software, cloud platforms, secured infrastructure, IoT, cybersecurity applications, AI, big data, and others.

Ibrahim Sarhan — Chairperson and Managing Director of e-Finance Group — said that the company was able to make a great leap in developing its cloud computing services system, as it succeeded in supporting it with the infrastructure necessary to manage and operate a wide range of commercial activities in the Egyptian market.

He also emphasised the company’s unique combined experience in this field, which enables it — along with its strategic partners — to innovate more platforms, like the integrated platform for cloud computing services that will be launched soon, with the aim of developing the system of transactions and commercial activities and advancing the digital transformation in Egypt.

Moreover, Sarhan expressed his aspiration for the new platform to contribute to consolidating the leading position enjoyed by e-finance as the preferred partner for the digital transformation of various institutions and entities operating in Egypt, noting that these efforts will certainly reflect positively on the company’s financial and operational results in the future.

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