Articles in English
Since joining the EU in 2004, Cyprus has benefitted from being part of a huge single market gaining access to a great number of goods and services. However, this membership also comes with certain obligations, not least of which pertain to ensuring the confidentiality of transactions and sensitive information. Unfortunately, most businesses have been slow to adopt a structured cybersecurity framework that forms part of their business processes. Successful Business…
Even amid the pandemic, 5G continued to expand in 2020 and is predicted to become mainstream in 2021. In the new "remote" economy, the continued advance of 5G is critical to be able to support the increasing burden on the data networks. The technology, which boasts anywhere from 10 to 100 times the speed of 4G and much more rapid responsiveness, could improve everything from simple video conferencing to telemedicine…
Blockchain-enabled business models will present a seismic shift to how business is conducted in the future. Its impact on commerce will be gamechanging, especially given the increasingly digital global economy and the decentralisation of business models and stakeholders enabled by blockchain. In this direction, a new dimension of innovation awaits. Everyone should know these 13 things about blockchains 1. Bitcoin, a money exchange system, pioneered blockchain technology and today, it…
For fossil fuels, 2021 will not be easy considering the uncertainty surrounding post-pandemic demand and pressure to shift towards renewable sources. Oil production will continue slowly declining through March 2021, and may rise modestly through year end. The pandemic-caused economic disruption will keep to negatively impact global demand for natural gas, especially from industry. The next five years will see the energy transition reaching a tipping point. New build renewable…
Chief Executive Officer of BDSwiss Group, Alexander Oelfke, spoke to Successful Business about the Group’s operations, the market, Covid-19, and where the financial services industry could be headed. Who is BDSwiss and what does the company do? BDSwiss is a global financial services group offering secure access to the financial markets. We serve over 1.5 million registered clients from our headquarters in Limassol and facilitate more than $80 billion per…
In 2020, for all kinds of businesses and organisations around the world working remotely became the new normal that they will continue to adapt to in 2021. Leaders have to rethink how their organisations operate, how staff are connected and supervised, whether the business model is still sustainable or their office space appropriate, etc. One of the implications is embracing the “anywhere operations” model, i.e. for the business to be…
Successful Business talks to Point Nine, a company that focuses on providing trade and transaction reporting services to legal entities across the globe. With offices in Cyprus and London, Point Nine collaborates with both buy-side and sell-side financial firms, service providers, and corporations to help them ensure high quality and accurate reporting to remain compliant. We speak with Andreas Roussos (pictured), Theo Mallas, and Christina Barbash about the today and…
Additional measures to help Cyprus health system become more efficient, impactful and in line with best practices from leading health systems across the world. It has been over eight months now since Covid-19 first appeared in Cyprus, shaping a new reality and transforming the way we conduct our lives and businesses. Practical measures for our health system should help manage health crises and future Covid-19 waves in a more decisive,…
As the first international IT company to come to Cyprus, NCR has offered technological solutions to local companies and the Government of Cyprus for the last 65 years. Successful Business Magazine discusses today’s challenges and future changes in the IT world with Kyriakos Kyriakou, NCR’s general manager. NCR is one of the oldest Cyprus companies with the newest technologies. What was the initial reason to create the regional Cyprus office…
In May 2020, PwC issued its first set of transformative proposals, addressed to the government, the business community, and the society at large, towards creating a stronger and more competitive economy. The Successful Business Magazine is publishing a renewed set of propositions (released in December 2020), calling for immediate action to Restart Cyprus: Now. We have prepared a summary of the report. You may find the full version on www.pwc.com.cy.…
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