WAVZ for Digital Transformation, well known for their suite of Managed IT and Digital Transformation Services, are successfully managing the data center of West Port Said Free Zone as part of the FZ Digital Infrastructure Development Project, in addition to providing the technical support needed for the Citizen Card Project in the same governorate.

Discussions underway to raise capital to meet regional expansion

“National Postal Authority”, “Egypt Trust” and “Deutschland Technology” are examples of our long list of prestigious clients

Amr Esmat, Managing Director and CEO of the company said that they are currently implementing several projects in several sectors including Oil & Gas, Transportation, Professional Services, and Education. He explained that WAVZ aims to focus on providing worldclass solutions and services that rely on integrating artificial intelligence systems, data analysis, and systems that support the decision-making process. Decision, and helping clients meet current and future challenges.

It is noteworthy that the citizen card in Port Said is a unified smart card that was developed in cooperation between the Ministry of Communications and the National Postal Authority, and aims to simplify the procedures for citizens to obtain catering services, comprehensive health insurance, and government payments.

“WAVZ client base includes entities from inside and outside Egypt, like “Egypt Trust” for electronic signature services and information security, as well as, “Deutschland Technology”, an Egyptian company specialized in fire-fighting systems and modern technological solutions in the field of electrical, mechanical and sanitary engineering. This is to name a few.” 

Amr Esmat, CEO and Managing Director of WAVZ in statements to Al Mal

Esmat pointed out that WAVZ have succeeded in increasing their revenues by 100% during the past year, to reach 507 million Egyptian pounds compared to 2022, and it also achieved an increase in its profits by 120%, noting that WAVZ was able, within two years, to double their workforce to reach 1,300 employees.

He pointed out that WAVZ provides – but is not limited to – information technology infrastructure management solutions, as well as network and contact center management services, in addition to developing the digital infrastructure for institutions, and modern state of the art digital services in accordance with international worldclass standards. He also pointed out that Artificial Intelligence is no longer a luxury as some may believe, but rather an urgent necessity to develop the competitiveness of institutions to maintain pace with global changes.

He added that WAVZ is also providing services for implementing and managing enterprise resource planning packages (ERP), using SAP solutions, in addition to implementing and managing information infrastructure solutions for financial institutions, including, for example, Temenos core banking application and Tietoevry card management and digital payment solutions, as well as services for implementing and managing digital postal systems, including digital transformation services and electronic payments.

Esmat added that WAVZ strategy during the current year is based on enhancing customers’ confidence in being their preferred solution provider during their digital transformation journey by meeting all their technological needs, indicating that WAVZ has a network of global partners with expertise who are able to provide IT solutions that meet the challenging needs of the Egyptian, Arab and African markets and most importantly, are willing to transfer their expertise to WAVZ local experts.

A new partnership with “Nevis” for cyber security systems and “Saudi Azm”

He noted that the company have expanded their network of global partners to include Nevis for cyber security systems, as well as strengthening its partnership with SAP, Temenos, Tietoevry, and Saudi Azm for Communications and Information Technology. Moreover, they are studying many future cooperation opportunities, with the aim of providing a package of innovative and advanced digital solutions to its customers in various fields and industries, such as the open banking system, which caters for faster and safer transactions anywhere in the world.

Esmat revealed that WAVZ – in cooperation with Tietoevery – have recently organized a workshop that included leaders of the Egyptian banking and financial sectors to discuss the “future vision of payment systems in 2030.” During the workshop, the future vision of local and global trends in payments was discussed, the future of acquisitions for e-commerce and digital transactions, and the extent of the impact of the Corona pandemic on the major transformation in payment. Something that has significantly accelerated such digital transformation including, but not limited to – online shopping and e-commerce.

Esmat said that the workshop has also highlighted the latest global trends that shape the banking ecosystem, including real-time payment systems 24 hours a day, 7 days a week, the ongoing cost pressure due to digitization, geopolitical challenges, and the impact of high borrowing interests, inflation, and the cost of capital on financial institutions. As well as the latest trends and directions of global payment systems.

Esmat continued, WAVZ have installed and implemented the Postal Services Systems in the Democratic Republic of Congo, in addition to other projects with strategic partners in the Saudi market, indicating that the company intends to open branches in few Arab countries during the next stage.

Esmat said that the workshop has also highlighted the latest global trends that shape the banking ecosystem, including real-time payment systems 24 hours a day, 7 days a week, the ongoing cost pressure due to digitization, geopolitical challenges, and the impact of high borrowing interests, inflation, and the cost of capital on financial institutions. As well as the latest trends and directions of global payment systems.

Esmat said that the workshop has also highlighted the latest global trends that shape the banking ecosystem, including real-time payment systems 24 hours a day, 7 days a week, the ongoing cost pressure due to digitization, geopolitical challenges, and the impact of high borrowing interests, inflation, and the cost of capital on financial institutions. As well as the latest trends and directions of global payment systems.

He continued: WAVZ also participated in many local and regional conferences and events, such as the “Seamless Forum” in North Africa, the “LEAP Forum” in Saudi Arabia, and the “African Postal Union Forum,” in addition to global forums held by our global partners. WAVZ are continuously seeking to be participate in various regional forums to present our services and communicate with customers and active partners in various markets and fields.

Esmat ruled out the company’s tendency towards bank borrowing to finance their expansion plans, especially since the growth in their profits provides them with sufficient liquidity to manage and grow their business successfully, revealing that they are looking at increase their capital – through the current stakeholders – to support regional expansions and their efforts to grow and expand their customer base. He added that the company does not plan to carry out acquisition deals of other entities in the near future, but if the need arises for growth, we will do so, in line with our strategic directions.

About WAVZ

WAVZ for Digital Transformation is a leading Egyptian company in the field of providing digital information technology solutions and services. With a proven track record of successful implementations across different industries, WAVZ for Digital Transformation is committed to providing innovative solutions that increase efficiency, reduce costs, and leverage instantaneous data insights that facilitate a more informed decision-making process. The company’s managed business model provides clients with the flexibility and scalability that they need to grow their business.