Insider Business Cyprus businesses are in the digital age

Cyprus businesses are in the digital age

Businesses in Cyprus are in the process of digitisation and in addition to basics – such as the use of computers – they are now also using social media.

A recent survey on the use of information and communication technologies (ICT) and e-commerce in businesses shows that 98% of Cypriot businesses with 10 or more employees used computers in 2019.

The percentage of small businesses (10–49 employees) using computers was 97.7% compared to 96.6% in 2018. Almost all businesses in Cyprus with 50 or more employees (medium to large enterprises) used computers this year.

As for e-commerce, 13.9% of businesses in 2018 were getting orders over computer networks (excluding typed e-mails) compared to 14.2% in 2017.

And 12.2% of businesses received products or services via websites or “apps” from customers residing in Cyprus, 8.3% from customers located in other EU countries and 6.7% from customers located all around the world.

The high cost of delivery or return of the products was the most common barrier preventing businesses from selling through websites or “apps” in other EU countries (only 12.8% were actually doing so).

In 2019, more than half of businesses (53.6%) with 10 or more employees used applications that allow audio-visual calls over the Internet (eg Skype / Skype for business, WhatsApp / WhatsApp Business, Facetime, Viber etc) for professional purposes.

In large enterprises, this figure reached 78.9%, in medium enterprises 64.8% and in small enterprises 51.4%. In 2019, the majority of businesses (33.9%) in Cyprus had a maximum offered data transfer rate of between 10 Mbit /s and 30 Mbit /s.

The percentage of businesses with a maximum data transfer rate of between 2 Mbit/s and 10 Mbit/s fell to 9.3% this year compared to 19.8% in 2018. Internet speeds above 30 Mbit/s increased from 35.4 % in 2018 to 49.3% in 2019.

“Maximum data transfer rate” means the data transfer rate based on the contract with one’s ISP.

Read more:

Top Stories

House Plenum votes against dissolution of Parliament

On Friday the House plenum debated a proposal by the Green party and independent MP Anna Theologou for the early dissolution of the body...

Adamos Adamou elected 12th President of the House of Representatives

Left-wing MP Adamos Adamou was elected unrivaled 12th President of the House of Representatives on Friday, with the votes of the majority of MPs,...

American Medical Center denies announced confirmed COVID case

The American Medical Center strongly denied a Health Ministry announcement alleging a confirmed case had been recorded there. The American Center pointed out that...

Health Ministry’s decision on three nurses

At the orders of Health Minister Konstantinos Ioannou, the procedures for the continuation of the employment of the three nurses at the Famagusta General...

The certificate for workers’ movement returns in Limassol and Paphos

The certificate for workers’ movement in Limassol and Paphos returns and those needing to move around in these two towns after 23:00 and until...


Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...


No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...