The Department of Computer Science at the University of Cyprus cordially invites you to the Invited Course Lecture entitled:
Joint Strategic Actions for the Development of the ICT sector in Cyprus through Foreign Direct Investment
Speaker: Panayiotis A. Michael
The presentation will provide an overview of the strategic study for the ICT sector of the Cyprus Investment Promotion Agency (CIPA) (http://www.cipa.org.cy). The presentation will also focus on the recent collaboration between CIPA and the Network of Cyprus Universities for the attraction and retention of Foreign Direct Investment in R&D projects in Cyprus Academia, as also on the strategic alignment of CIPA’s ICT strategy with the “Digital Strategy of Cyprus” of the Department of Electronic Communications – Ministry of Communications and Works (http://www.mcw.gov.cy/mcw/dec/dec.nsf) with the strong support of the Technology Service of the Ministry of Commerce, Industry and Tourism (http://www.mcit.gov.cy/mcit/mcit.nsf/dmltech_en/dmltech_en?OpenDocument). The result of this strategic alignment is the development of a joint strategic action for the creation of a Smart City in Cyprus. Based on CIPA’s intelligence gathering and research, an equivalent project which was recently launched in Malta, the project Smart City Malta, aims to create 5600 jobs with emphasis on the ICT sector and to contribute to the Maltese Gross Domestic Product approximately 534 million euros on an annual basis (approx. 5%-7% of Maltese GDP). The presenter will analyze the important role Cyprus Academia can play to the proposed strategic action Smart City Cyprus, by acting as a pole of attraction and retention of Foreign Direct Investment in a sustainable manner, and by developing and licensing ICT technologies to Multi-National Corporations with subsidiaries in Smart City Cyprus, in order for Cyprus to actively participate in the ICT global value chain.
Mr. Panayiotis Adamos Michael, holds an M.B.A. from the University of California Los Angeles with business interests in Strategic Marketing for High-Technology, a M.Sc. in Computer Science from the same University and a B.Sc. in Electrical Eng. from the National Technical University of Athens. He is a Doctoral Candidate in Computer Science at UCLA and scientific author and architect of the Streamonas Data Stream Management System, the only system up to the moment able to reach the maximum level of difficulty, on a single CPU, of the Linear Road Benchmark designed by M.I.T. Mr. Michael is a Senior Officer at the Cyprus Investment Promotion Agency (http://www.cipa.org.cy/) supervising the Strategic Planning, Policy and Intelligence Unit of the Organisation. Mr. Michael has the responsibility for the execution of the Organisation’s strategy of the ICT sector. His initiative for developing the Academic Capacities of Cyprus in order to attract Foreign Direct Investment in the country, was inspired by respective literature of the United Nations Conference on Trade And Development (UNCTAD) and it was enthusiastically supported by the network of Industry-University liaison offices of the Universities in Cyprus as also from Computer Science Departments of major Universities in the country. His efforts are architected based on the experience he received by working closely with his M.B.A. advisor Prof. Hans Schollhammer on similar, mature frameworks in California.
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