This significant milestone underscores the company’s commitment to empower, train, and recruit Cyprus’ youth and business professionals with transformative AI technologies, while positioning the island as a pivotal hub for AI-driven solutions and services connecting Greece, Europe, the Middle East, and Africa.
In today’s rapidly evolving era of Artificial Intelligence (AI) and Robotic Process Automation (RPA), Bcentriqe.ai is focused on addressing three key challenges for organizations worldwide:
Bcentriqe.ai currently operates across three continents — North America via Silicon Valley, CA, Asia via Hyderabad, India and the Middle East via Dubai, UAE. The company has selected Cyprus as its gateway to Europe, citing the island’s dynamic growth in sectors such as ship management (the third largest in Europe and 11th globally), financial services, ICT, gaming, and health tech. Notably, the ICT sector alone contributes over 14% to Cyprus’ GDP and continues to expand at an impressive pace.
Bcentriqe.ai’s investment in Cyprus will include:
The company will also leverage India’s deep technology talent and world-class development and consulting capabilities to deliver high-value, tailored AI solutions that meet the unique needs of Cyprus and its neighboring regions. This initiative aligns seamlessly with Cyprus’ vision of becoming a regional technology center.
Mr. Nicodemos Damianou, Deputy Minister of Research, Innovation and Digital Policy of the Republic of Cyprus, highlighted that:
“The decision of Bcentriqe.ai to establish a presence in Cyprus is yet another strong endorsement of our country’s growing reputation as a regional hub for innovation, technology, and talent. It reflects a broader momentum we are building, where forward-thinking businesses see Cyprus as a strategic base to scale, connect, and innovate across continents. As a government, we remain firmly committed to fostering an environment that enables high-impact investment, drives business activity, and empowers our youth, placing Cyprus at the forefront of AI and technological innovation in Europe and the region. Bcentriqe.ai, welcome to Cyprus!”
Demetris Skourides, the Chief Scientist of the Republic of Cyprus added:
“We welcome the decision of Silicon Valley Bcentriqe.ai to open an office in Cyprus as a gateway to Europe, bringing the latest AI developments and industry best practices of revenue and performance maximization, digital transformation playbooks to Cyprus. Bcentriqe.AI arrival will act as a lighthouse enabler and accelerator helping industry segments maximize their revenue potential with unrivalled scalability in the world’s global markets. Their arrival will create new opportunities to win minds back to Cyprus, reskill and upskill ICT professionals and AI engineers on new emerging technologies connecting Cyprus to the world’s fastest growing AI regions including USA, India and Gulf countries”.
Mr. Evgenios Evgeniou, Chairman of Invest Cyprus, stated:
“Invest Cyprus warmly welcomes the establishment of Bcentriqe.ai in Cyprus. This strategic investment will create a new value chain across multiple sectors, strengthening Cyprus as a regional hub for innovation and advanced technologies. Artificial intelligence is a national priority, and Bcentriqe.ai’s decision reflects our commitment to fostering an environment that attracts investments in cutting-edge digital solutions and drives the next wave of technological transformation.”
Commenting on this milestone, Mr. Manish, the High Commissioner of India to Cyprus said:
“I am delighted to welcome Bcentriqe.ai’s commitment to establishing a presence in Cyprus. This initiative reflects the growing strength of India-Cyprus collaboration in innovation and technology. By harnessing India’s expertise in AI development and consulting, Bcentriqe.ai will empower Cyprus’ youth and business professionals, positioning the country as a strategic gateway for AI-driven solutions and services for Greece, Europe, the Middle East, and Africa. I am confident this partnership will open new opportunities, strengthen bilateral ties, and contribute meaningfully to the region’s digital transformation journey.”
United States Embassy in Nicosia Chargé d’Affaires Dan Mangis noted:
“The U.S. Embassy is thrilled to see yet another U.S. company choose Cyprus. Bcentriqe’s decision to establish an office here is recognition of what Cyprus has to offer: a strategic location, a vibrant technology ecosystem, and a tech-friendly business environment. It also validates the strength and depth of the economic and commercial relationship between the United States and the Republic of Cyprus, which has reached historic heights over the past few years.”
Alakh Verma, Founder and CEO of Bcentriqe.ai, added:
“We are excited to expand into Cyprus — a country with immense potential and a vibrant talent pool. Our vision is to build a local innovation and data hub in Nicosia to empower youth and business leaders with cutting-edge AI solutions and services. By collaborating with educational institutions and industry partners, we aim to nurture local resources and help businesses harness AI technologies to drive sustainable growth and competitiveness. Together, we will unlock new pathways for innovation and regional connectivity.
I would like to take this opportunity to extend my heartfelt gratitude to Chief Scientist Demetris Skourides for his exceptional leadership in Artificial Intelligence and his tireless efforts to position Cyprus as a hub of innovation for Southeastern Europe. Mr. Skourides has been an inspiration, and his dedication to elevating Cyprus’ national innovation standing on the global stage is truly commendable.
I also wish to express my sincere appreciation to Mr. Marios Tanousis, CEO, InvestCyprus for his invaluable support and facilitation, and to His Excellency Mr. Manish for his proactive engagement in strengthening the bridge between India, Cyprus, and Greece. My thanks also go to Ms. Irini (Irene) Piki Deputy Minister to the President, Republic of Cyprus, and Mr. Nicodemos Damianou, Deputy Minister of Research, Innovation & Digital Policy, Republic of Cyprus for their continued support and encouragement.
Today marks the beginning of a new journey — one that opens doors for U.S.-based organizations to partner with Cyprus and co-create a future defined by innovation, talent development, and sustainable economic growth.”
About Bcentriqe.ai
Bcentriqe.ai is a global AI solutions and consulting firm that develops and delivers advanced artificial intelligence technologies, enabling businesses to transform, innovate, and thrive in an increasingly digital world. With its strong foundation in Silicon Valley’s technology ecosystem, Bcentriqe.ai serves a diverse client base across multiple industries worldwide.
