Cyfield Group collaborates with Capacitor Partners for digital transformation

Cyfield, one of the leading organizations in Cyprus with 30 years of excellence in the construction industry, has selected Capacitor Partners to steer the digital transformation of specific departments in its group. Cyfield’s main goal is the pursuit of continuous innovation and the competitive edge that digital technologies can offer.

The real estate sector is regarded as one of the fastest-growing sectors of the global economy. To keep up with scaling and sizing, digital transformation is paramount in the future of the sector. To add, according to a recent McKinsey report, the digitization of business processes plays a key role in shaping the future and dynamics of the construction industry.

Drawing on its vast experience in the field of digital transformation, Capacitor Partners offers services in process reengineering, business and technology strategy, and product management to large organizations.

Capacitor Partners Managing Director, Mr. Michael Tyrimos, commented, “Cyfield is one of the main players in the Cypriot market that systematically contributes to the development of our country. It is a great pleasure for us to have the opportunity to work together on their digital journey.”

Cyfield’s CEO, Mr. George Chrysochos, stated “in a rapidly changing era, digital transformation is becoming an integral part of our evolution process, and at the same time is an important factor of our adaptability and growth.”