Analysis 

The island of Cyprus has incredible potential and vision toward becoming a communication hub or link between Europe, the Middle East and Northern Africa as well as bringing the level of technology up to the level appropriate to their community status. There is much opportunity present to bring about these changes from various government funded foundations, EU initiatives (see National IT Policies), a large population of Cypriot expatriate scientists (see Domestic Production), and a filling IT pipeline from their universities (see IT Workforce). However a few recognized changes must occur in both funding and legislation by the government and encouragement of private firms to establish IT presence on the island. The current spending is indeed present but certainly not at the levels required to spring the society forward and head on into a technologically savy world. (see IT Financing and Size of Domestic IT Market) The largest breakdown between the current state of affairs and the vision state seems to be the not so simple task of acting. There has been significant talk floating around the island for over ten years, but the implementation of some of the thoughts seems to bottleneck. Most probably this bottleneck occurs from a combination of the above mentioned items. It would certainly be a shame if the island of Cyprus with its unbelievable potential and literal position did not take advantage of and benefit in the increasingly global world of business.

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