ITIDA and CARITech, a renowned provider of innovative digital technology solutions for the worldwide banking sector, signed an MoU.
This agreement intends to improve cooperation and allow CARITech to benefit from SECC’s high-quality training, certification, consultation, and evaluation services. To improve knowledge and efficiency, the MoU requires the parties to share expertise and insights.
ITIDA CEO Eng. Ahmed ElZaher and CARITech CEO Dr. Ismail Ali signed the MoU. Dr. Haitham Hamza, Acting Chairman of the Software Engineering Competence Center (SECC), and other officials from both organizations signed the agreement.
ITIDA CEO Eng. Ahmed ElZaher reiterated the agency’s commitment to supporting Egyptian IT companies and improving their worldwide competitiveness through strategic collaborations. Skills development, digital talent efficiency, and worldwide certifications are the goals of these alliances to foster software industry innovation.
Through these collaborations, ITIDA seeks to offer a full range of training, consultancy, and international certification services. This method improves IT companies’ capabilities and service quality, increasing Egypt’s position as a global IT export powerhouse.
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ElZaher also noted ITIDA’s ongoing efforts to develop programs and initiatives that support IT company growth, such as the “Export IT Rebate” Program and the “Train to Hire” Program, to align IT talent with high-market demand for advanced technical and linguistic skills.
On this occasion, Dr. Ismail Ali, the founder and CEO of CARITech, expressed his enthusiasm for this collaboration, saying: “We are proud of our partnership with the Information Technology Industry Development Agency (ITIDA), the leading entity in developing and growing the IT sector in Egypt. This partnership enables our employees to benefit from the training, certifications, and consultancy services provided by ITIDA. This contributes to reinforcing our firm commitment to strategically investing in our employees, enhancing their efficiency, and qualifying them in line with the highest international standards, while providing them with promising career paths.”
CARITech recognizes SECC’s cooperation achievement and its consultants’ specialized services experience. This collaboration helped CARITech achieve Level 3 certification in the Capability Maturity Model Integration (CMMI) for Development and Services, one of the most prestigious global quality certifications in the software industry, by improving software development efficiency.
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The backbone of CARITech is its team of skilled software engineers with over 15 years of expertise, who provide exceptional digital banking solutions. CARITech has also developed innovative banking sector solutions and wants to share this experience to improve the local IT ecosystem while fulfilling the needs of prestigious global clients and international standards.
He continued: “Our partnership also facilitates the exchange of information and expertise between CARITech and ITIDA through different forums. CARITech strives to stay continuously informed of the latest trends in the IT sector to improve its competitiveness in global markets. The company currently provides services to a group of banks, particularly in the Americas, focusing on the transformation and development of core banking systems as well as round-the-clock (24/7) technical support. CARITech plans to extend its services to the Middle East and Africa in the near future.”
Since 2001, the Software Engineering Competence Center (SECC) has offered software engineering and IT service management training, consultancy, evaluation, and worldwide certification. Global software engineering frameworks including CMMI, COBIT® 2019, DevOps, Agile, ITIL®, and TOGAF attempt to improve the sector.
About ITIDA
ITIDA, the Egyptian business partner, ensures you obtain all the help you need. They focus on strengthening local IT enterprises, attracting and serving multinational IT organizations, and developing a qualified, sustainable, and deployable workforce pool. ITIDA uses a Public-Private Partnership model to achieve IT sector goals and build a business environment that values cooperation.
About CARITech
CARITech offers digital transformation and operational optimization solutions for the financial industry, including legacy core banking modernization or replacement.
