CAIRO: The InnoVest Group has announced the development of a technology infrastructure consortium comprised of software, hardware, outsourcing and systems integration companies from US, Canada, UK, China and India. InnoVest Group is a Virginia-based technology and infrastructure development and consulting company. The consortium is headquartered in New York with office in Jebel Ali Technology Park located in Dubai. Other branch offices are planned for Cairo, Egypt; Almaty, Kazakhstan; and London, England. "InnoVest is aware of the move in Middle East and Eurasia from natural resource-based economy to knowledge-based digital economy. InnoVest and our strategic partners have prepared ourselves to meet all the challenges and be a partner in all aspects of this transition. We are ready to provide the entire ICT infrastructure that is required, said David Dastvar, managing partner, InnoVest Group. InnoVest has signed three memorandums of understanding and partnership agreements to jointly pursue and implement ICT infrastructure projects for the public and private sectors in Morocco, Egypt, Saudi Arabia, Libya, Oman, Yemen, Kuwait, UAE, Hungary, and Eurasia. The economic development of the respective countries is advising the consortium project development efforts. The companies expect potential market opportunities worth more than $3.7 billion in the near term. These companies specialize in systems integration, business process outsourcing, custom application development, enterprise application services, enterprise transformation services and ICT infrastructure implementation and management. They also work in the fields of e-government, health IT, business intelligence and data warehousing, enterprise storage solutions as well as consulting and enterprise solutions.
