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CITEA president says AI is central to future business success

Cyprus Mail · 2026-07-01

AI SUMMARY

• What happened: The 5th Digital Cyprus Conference 2026 was held in Nicosia, focusing on the impact of artificial intelligence (AI) and digital transformation on modern business. • Why it matters: The conference highlighted the necessity for businesses to adopt AI and digital tools to enhance competitiveness in an increasingly technology-driven market, as emphasized by key speakers including Deputy Minister Nicodemos Damianou. • What to watch next: The ongoing integration of AI and digital technologies into business strategies will be crucial for organizations in Cyprus, with future developments in this area expected to shape the competitive landscape.

**CITEA President Highlights AI's Role in Future Business Success at Digital Cyprus Conference 2026**

Nicosia, Cyprus – The 5th Digital Cyprus Conference 2026 took place this week in Nicosia, marking a significant event for the business and technology sectors in Cyprus. Organized by the Cyprus Information Technology Enterprises Association (CITEA) in collaboration with IMH, the conference attracted a diverse group of participants, including senior business executives, government officials, technology professionals, and internationally recognized speakers.

This year's conference centered around the theme of digital transformation, particularly focusing on the impact of artificial intelligence (AI) and digital technologies on the modern business landscape. The event provided a platform for discussions on how these advancements are creating new growth opportunities for businesses and organizations across various sectors.

Deputy Minister of Research, Innovation and Digital Policy, Nicodemos Damianou, delivered a keynote address emphasizing the critical role of digital transformation in enhancing the competitiveness of the Cypriot economy. He highlighted the necessity for businesses to embrace AI and digital tools to remain competitive in an increasingly technology-driven market.

The conference featured a lineup of prominent speakers from both Cyprus and abroad, who shared their insights on the latest trends in digital transformation. These discussions focused on practical strategies that businesses can implement to strengthen their competitiveness in the evolving digital era.

In addition to the keynote presentations, the conference included a technology exhibition held in the outdoor area, where participants had the opportunity to explore innovative solutions, products, and services from the technology and digital economy sectors. This exhibition served as a practical demonstration of the advancements being made in the field and allowed for networking among attendees.

Following the conclusion of the conference, CITEA President Giorgos Malekkos remarked on the significance of AI in the current and future business environment. He stated, “AI is here to stay and was the central theme of the conference, a topic that will continue to be highly relevant in the years ahead.” Malekkos expressed CITEA's commitment to supporting businesses in adopting and effectively utilizing AI technologies to drive growth and innovation.

The Digital Cyprus Conference has established itself as a key annual event for the business and technology community in Cyprus, providing valuable opportunities for information exchange, knowledge sharing, and collaboration among participants. With the growing importance of digital transformation, the conference continues to play a pivotal role in shaping the future of business in the region.

As the conference concluded, it was clear that the integration of AI and digital technologies into business strategies will be essential for organizations looking to thrive in a competitive landscape. The insights shared during the event are expected to guide businesses in navigating the challenges and opportunities presented by the digital age.

Source: Cyprus Mail
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