Is Egypt following the experience of “STC” in providing IoT services to the sectors?

◗❙ Al-Alayli: You need large bandwidths … and an advanced infrastructure

◗❙ Yassin: Local companies have sufficient resources and human capabilities for implementation

A number of experts and heads of telecommunications companies agreed that the expansion of the provision of IoT technology services in the Egyptian market has become a necessity and not a luxury, given the rapid technological development that the world is witnessing daily. , and the role of new technologies in the mechanization of economic sectors, such as the industrial and agricultural sectors, transport sectors and urban

It is noteworthy that a few days ago the Saudi Public Investment Fund signed a co-operation agreement with the Saudi Telecom Company (STC) to establish a company specializing in the provision of internet services in the Kingdom, with the ownership structure being equally divided. between the two parties, based in Riyadh.

The new company will provide innovative technological solutions in the areas of project management and implementation, consulting, services, training, the manufacturing sector, logistics and smart cities.

They said that the simulation of the Egyptian market to replicate the partnership model between STC and the Saudi Public Investment Fund in the development of Internet of Things services depends on the availability of a set of factors, including the presence of a sophisticated infrastructure. at the highest level, in addition to the availability of large frequency bands for operation.

The “Internet of Things” refers to the new generation of the Internet that enables understanding between interconnected devices, and these devices include tools, sensors, sensors, and various artificial intelligence tools.

Hisham Al-Alayli, former head of the Telecommunications Regulatory Authority, explained that the deployment of Internet of Things technologies in Egypt depends on the availability of a set of factors, the most important of which is the presence of a sophisticated infrastructure that allows these technologies to work. , as well as the availability of large frequency spaces for companies intending to provide these types of services to customers.

Al-Alayli added that IoT technology represents a promising investment opportunity because the return on investment is large, due to its benefits to the state in offering new value-added services in various economic sectors at a lower cost.

While an official source in one of the telecommunications sectors suggested that the coming period will see the signing of partnerships with Arab entities in software programs and hardware devices to expand the provision of IoT services in the local market, and note that the most important factor in providing this service is efficiently to provide frequencies that enable the movement of traffic The transfer of data from one place to another or to data centers.

The source pointed out that the nature of the licenses granted to companies in the field of the Internet of Things enables them to operate within the country, with the expectation that the nature of the partnerships that may takes place through the signing of joint co-operation agreements in the field of supply. smart disks within devices or the establishment of a data center to accommodate the expected large growth in data movement.

Osama Yassin, president of Giga Global Technology for Communications Solutions, pointed out that telecommunications companies in Egypt have sufficient financial resources and human capabilities to qualify them for large-scale investments in Internet of Things solutions, aimed at saving time and costs. shorten and increase productivity in all economic sectors such as agriculture and industry.

Yassin believed that banks could play an effective role in supporting technology companies operating in this field by providing them with soft financing packages that enable them to provide services to consumers and various sectors with financial facilities, in addition to Ministry of Communications assisted by its development arm, the Information Technology Industry Development Authority “ITIDA” in technical training for young cadres.

He also expected the speed of activation of Internet of Things technologies locally, due to their benefits in all sectors, and improved the state’s guidelines for completing the digital transformation file.

Last January, the Communications Regulatory Agency (NTRA) issued the regulatory framework for the provision of Internet of Things services as one of the pillars of the Fourth Industrial Revolution, which depends on the operation of smart city systems and their digital services, such as the home system, smart meters, and the smart transport system.

Dr. Basem Bushra, CEO of SpimeSenseLabs Technology Solutions, confirmed that the partnership agreement between the Saudi Investment Fund and STC would open up promising investment prospects in the field of Internet of Things in Middle Eastern countries during the next phase, and will also stimulate investors to pump capital into these types of emerging technologies.

Boshri explained that the Egyptian market possesses all the ingredients for the success of IoT services, in addition to the presence of an advanced infrastructure network and mobile operators that keep pace with global developments, as well as the competitive prices of telecommunications services, and points out that the Telecommunications Regulatory Authority plays the biggest role in insisting on the use of Internet of Things technology.

He expected IoT technologies to impose themselves on the Egyptian market, due to their positive impact on all sectors, in line with the state’s orientations towards digital transformation and the entry of new city systems that rely heavily on technology.

He pointed out that there is a group of countries that have a rich history of providing the Internet of Things, including America, Spain, China and Taiwan, whose success factors can be studied.

In a related context, Mohamed Al-Ghamry, CEO of EgyptSat Communications Solutions, explained that IoT technologies have become a necessity, in light of the technological developments that the world is witnessing, and pointed out that the nature of the technologies that used by the Internet of Things. is characterized by convenience and flexibility, including the idea of ​​coupled electric meters. on the internet.

El-Ghamry stressed that Egyptian technology companies and digital payment companies can work to provide Internet of Things services efficiently, led by E-Finance, in addition to Egyptian banks that can work to participate in the provision of this technology.

Dr. Hamdi El-Leithi, Chairman of the Board of Lenatel Communications Services, indicated that the nature of new investments in the Internet of Things will reflect positively on the Egyptian market, and will contribute to the encouragement of Egyptian companies operating in the technological sectors to become more broadly involved in the provision of IoT services.

Al-Laithi explained that the Internet of Things is characterized by saving time and costs in various sectors, such as the agricultural sector, and explains that IoT services make it possible to work on the scheduling of irrigation and water desalination, as well as the enter field of electricity. and industry, and work to regulate the movement of transport and traffic.

El-Leithi pointed out that Egyptian companies have great potential that enables them to provide Internet of Things services, including Telecom Egypt, which has the necessary human and technical frameworks.

◗❙ Good news: America, Spain, China and Taiwan are successful models to study

Ektor Sector Source: Expected Arab Partnerships in Software and Hardware

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