2024 All Hands Meeting – 10th Anniversary – Harness the Power of Excellence

The 10th Anniversary All Hands Meeting of Phoenix Tower International concluded successfully in Orlando, Florida, from February 27 to March 1, 2024. Bringing together over 650 employees hailing from 23 different countries, PTI’s global workforce converged for few days of intensive learning and collaboration. Guided by PTI’s leadership team alongside esteemed external speakers, they delved into industry insights and savored moments of camaraderie during a beach luau and awards dinner, highlighted by a captivating fireworks display.

As PTI embraces continual growth, welcoming fresh faces annually, its unwavering commitment to excellence serves as its driving force, infusing its people with renewed vigor and diverse perspectives to channelling them into their daily endeavors. All in PTI possess the collective power to reach even greater heights and leave a lasting imprint on the journey forward.

Mr. Periklis Theodoridis, TheMagnet®’s CEO, and PTI’s Senior Sales Consultant for Cyprus and Malta, had the pleasure to participate to this exclusive event.

About Phoenix Tower International

Phoenix Tower International (PTI) was founded in 2013 and is headquartered in Boca Raton, Florida, USA. PTI operates in Cyprus through its subsidiary M.T. Mediterranean Towers Limited. PTI’s mission is to be a premier site provider to wireless operators across the world in high-growth markets. For more information, please visit www.phoenixintnl.com

About TheMagnet®️

TheMagnet®️ is a management and technology consulting firm. It is a platform of highly accomplished and reliable Advisors for all type of businesses that provides innovative, bespoke business consultancy services and holistic solutions across all industries by leveraging best practices, skills and know-how. Our team of experts can help businesses understand which trends will exert the strongest impact on various sectors within the business ecosystem. We specialize in Business and Product Development, Business & Systems Analysis, Cybersecurity, Data Analytics, AI and Digital Advertising, and more. For more information, please visit https://themagnet.com.cy

TheMagnet® Vision 2035: Setting up new heights!

In a world where digital transformation shapes the future, TheMagnet® stands at the forefront of pioneering change. Established in November 2020, our journey from a budding idea to a beacon of innovation in Cyprus encapsulates not just growth but a vision for a digitally empowered future. Specializing in cybersecurity, digital data analysis, artificial intelligence, and strategic business consulting, we’ve carved a niche that distinguishes us from the rest.

Our commitment to excellence is evident in our participation in significant government projects and forging strategic partnerships that underscore our expertise and trustworthiness. At TheMagnet®, we’re not just about offering services; we’re about crafting solutions that drive success, foster innovation, and secure digital landscapes.

As we look toward 2035, our goals are as ambitious as our passion for technology. Aiming to be an industry leader, we envision a future where TheMagnet® is synonymous with innovation, sustainability, and transformative digital solutions. Our mission extends beyond Cyprus, aspiring for a global footprint that champions technological advancement and contributes significantly to economies worldwide.

Join us as we navigate this exciting journey, where passion meets professionalism, and innovation creates impact. At TheMagnet®, we’re more than a company; we’re a movement towards a sustainable, innovative, and secure digital future.

Read below the full interview of our CEO Periklis Theodoridis:

2024 PTI Global Sales Meeting

The 2024 Global Sales Meeting of Phoenix Tower International (PTI) concluded successfully in Boca Raton, Florida, from January 22 to 25, 2024. PTI Sales teams from across the globe attended the event, which aimed to enhance collaboration and equip them with the tools and resources necessary for delivering outstanding customer support.

The meeting comprised workshops, panel discussions, and keynote speeches by industry leaders, fostering an environment conducive to learning and growth. Mr. Periklis Theodoridis, CEO of TheMagnet®️ and PTI’s Senior Sales Consultant, received the 2023 High Flyer Award for Most Innovative Sales in the EU. This award acknowledged Mr. Theodoridis’s exceptional performance, surpassing goals, and highlighted his dedication and hard work for a third year in a row.

PTI’s leadership took the opportunity to commend the entire sales team for their unwavering commitment to delivering a best-in-class customer experience. The team was praised highly motivated, and ambitious, receiving support from cross-functional departments to aid them in achieving their goals.

In summary, the 2024 PTI Global Sales Meeting was a resounding success, reflecting the company’s dedication to delivering exceptional customer service. PTI looks forward to continuing this momentum in the coming years.

About Phoenix Tower International

Phoenix Tower International (PTI) was founded in 2013 and is headquartered in Boca Raton, Florida, USA. PTI operates in Cyprus through its subsidiary M.T. Mediterranean Towers Limited. PTI’s mission is to be a premier site provider to wireless operators across the world in high-growth markets. For more information, please visit www.phoenixintnl.com.

About TheMagnet®️

TheMagnet®️ is a management and technology consulting firm. It is a platform of highly accomplished and reliable Advisors for all type of businesses that provides innovative, bespoke business consultancy services and holistic solutions across all industries by leveraging best practices, skills and know-how. Our team of experts can help businesses understand which trends will exert the strongest impact on various sectors within the business ecosystem. We specialize in Business and Product Development, Business & Systems Analysis, Cybersecurity, Data Analytics, AI and Digital Advertising, and more. For more information, please visit https://themagnet.com.cy.

TheMagnet® Team outlines how it orchestrates success for its clients.

TheMagnet® Team has been featured in the November 2023 issue of GOLD Magazine showcasing the company’s vision, and essence. “The Journey of Empowering Businesses: A Symphony of Collaboration, Synergies, and Innovation” encapsulates the essence of TheMagnet®, a dynamic management and technology consulting firm committed to catalyzing growth and success for businesses.

Just as a symphony brings together different instruments to create a beautiful composition, TheMagnet® integrates various elements of business – people, processes, and technologies – to orchestrate success for its clients.

TheMagnet® embodies a holistic and forward-thinking approach to consulting, where collaboration, synergies, and innovation converge to create a symphony of success for the businesses it serves.

In this tale of empowerment and transformation, we invite you to be a part of our journey. Our commitment to connecting businesses, fostering collaboration, embracing innovation, and nurturing an ecosystem of progress is unwavering. As we move forward, we leave behind a trail of inspiration, innovation, and enduring success. The future is bright, and the path ahead is filled with opportunities for businesses to thrive and make a lasting impact. Join us in this remarkable journey, where together, we can achieve so much more.

TheMagnet® Team invites readers to explore the full story in the November 2023 issue of GOLD Magazine, available both in print and online GOLD digital edition.

About TheMagnet®

TheMagnet® is a management and technology consulting firm. It is a platform of highly accomplished and reliable Advisors for all type of businesses that provides innovative, bespoke business consultancy services and holistic solutions across all industries by leveraging best practices, skills and know-how. Our team of experts can help businesses understand which trends will exert the strongest impact on various sectors within the business ecosystem. We specialise in Business and Product Development, Business & Systems Analysis, Cybersecurity, Data Analytics, AI and Digital Advertising, and more.

TheMagnet® becomes a founding member of Cyprus-Malta Business Association

The Cyprus Chamber of Commerce and Industry (CCCI) has announced the establishment of the Cyprus-Malta Business Association, a new business association to strengthen Cyprus-Malta ties. The principal aim of this association is to promote, expand, and encourage business activities between the two nations.

Operating under the auspices of the CCCI, the association seeks to advance and foster economic and trade relations, as well as cross-border investments between Cyprus and Malta. It aims to serve as a catalyst for enhancing trade relations, acting as a pressure point on the governments of both countries. Moreover, the association seeks to establish and maintain communication among businesses from both nations, positioning itself as a primary reference for entrepreneurs.

Comprising 14 founding members, the association represents a broad spectrum of sectors within the economy. Ronald Attard, Managing Director for EY Cyprus and Malta, has been elected as the President of the association. Serving as the Vice-President is Kosmas Kosma, Executive Advisor and member of the Executive Board of K. Treppidis. Additionally, the Ambassador of Malta to Cyprus, who is based in Athens, holds an ex officio role within the association’s board.
The foundation of this business association heralds a new chapter in relations between Cyprus and Malta. It presents opportunities to further develop and strengthen collaboration in the business sector.

Economic forecast for Malta

About CCCI

The Cyprus Chamber of Commerce and Industry is a private corporate body functioning under special law and is financially independent, free of any influence by the state. The CCCI is the union of Cypriot business people, the interests of whom it promotes by submitting to the government and the Parliament the members’ positions on matters in which they are involved, while, through its participation in tripartite bodies and committees, it conveys and promotes the views of the business community. Visit https://ccci.org.cy/.

About TheMagnet®

TheMagnet® is a management and technology consulting firm. It is a platform of highly accomplished and reliable Advisors for all types of businesses that provides innovative, bespoke business consultancy services and holistic solutions across all industries by leveraging best practices, skills and know-how. Our team of experts can help businesses understand which trends will exert the strongest impact on various sectors within the business ecosystem. We specialise in Business and Product Development, Business and Systems Analysis, Cybersecurity, Data Analytics, AI and Digital Advertising, and more.

TheMagnet®’s CEO shares the profile of the company in an interview for the InBusiness Magazine – November 2023 Issue

TheMagnet®, a management and technology consulting firm, is pleased to announce that its CEO, Periklis G. Theodoridis, has been featured in the November 2023 issue of InBusiness Magazine. In an exclusive interview, Periklis discusses the company’s vision, profile, and services.

In the interview, Periklis delves into TheMagnet®’s commitment to pushing the boundaries of technology to create solutions that transform industries, positioning TheMagnet® as a key player in the rapidly evolving tech landscape.

“We are thrilled to have had the opportunity to share our story with InBusiness Magazine,” said Periklis. “At TheMagnet®, we believe in the power of management and technology consulting to drive positive change. Our team is dedicated to pushing the limits of what’s possible, and this interview is a testament to the incredible work they do every day.”

TheMagnet® has been at the forefront of business development and technological advancements, providing solutions that empower businesses to thrive in an increasingly demanding world. Periklis emphasizes the importance of collaboration and partnerships in the industry, highlighting TheMagnet®’s approach to working with clients, startups, and other industry leaders to foster innovation.

TheMagnet® invites readers to explore the full interview in the November 2023 issue of InBusiness Magazine, available both in print and online InBusiness digital edition.

About TheMagnet®

TheMagnet® is a management and technology consulting firm providing expertise and guidance through its Ecosystem to businesses in areas related to management, strategy, and technology. We work closely with organisations to analyse their current operations, identify areas for improvement, and develop tailored solutions to address specific challenges and goals. We combine expertise in management principles, industry knowledge, and business & technology acumen to help businesses overcome challenges, optimise their operations, and drive sustainable growth.

TheMagnet® Cybersecurity sponsors the 3rd Cyber Security Conference

Nicosia, Cyprus; 28 September 2023

Digital innovation helps enterprises to flourish and keep ahead of the competition. Nevertheless, the digital revolution for every company comes with risks and creates new vulnerabilities. Corporate executives need to stay current with today’s cybersecurity challenges. They need to implement strategies with which their organizations can timely identify threats, and create resilience against any form of cyber-attack. The objective of the Cyber Security Conference is to provide insights into setting up, maintaining and improving information security, protection against hybrid threats and protection of critical infrastructure of companies and institutions. This can only be achieved through education on how to prevent, detect and defend against cyberattacks.

With the Digital Revolution sweeping the globe, all businesses, large and small corporations, organizations, and even governments are relying on computerized systems to manage their day-to-day operations, protecting data from internet assaults and unauthorized access is a significant responsibility for the company. As news of data breaches, ransomware, and hackers become the norm, continuous technological development necessitates a corresponding movement in cybersecurity practices.

Our own Senior Advisor Andreas Christoforides analysed the current cyber threat landscape and the cyber risks that Cyprus businesses are facing today. “Cybersecurity is not just about protecting data; it’s about protecting people.” This quote perfectly captures the essence of what we do at TheMagnet®. We believe that safeguarding your digital world is more than just safeguarding information; it’s about safeguarding you. Your security is our priority! 🌐🛡️

About TheMagnet® Cybersecurity

We are a specialised cybersecurity consulting team, offering a range of cutting-edge services to fortify your business against ever-evolving cyber threats. At TheMagnet® Cybersecurity, we understand that cybersecurity is not a one-size-fits-all solution. That’s why our team customises our services to meet your unique requirements, enabling you to stay one step ahead of cyber threats.

With us as your cybersecurity ally, you can focus on your core business while we keep your digital assets safe and secure. Protect your future with TheMagnet® Cybersecurity today. Visit https://themagnet.com.cy/services/themagnet-cybersecurity/.

TheMagnet® to provide a comprehensive study for a New Computerized System to the Department of Labour Inspection

TheMagnet®, a management and technology consulting firm, is pleased to announce that it has been assigned by the Department of Labour Inspection to provide its expertise and services for recording the business and technical requirements and preparing a relevant study and tender documents for the development, installation and operation of a new Computerized System. This system aims to replace the existing system currently in use.

The Department of Labour Inspection has recognized the need for a modern and efficient computerized system to streamline its operations and enhance its ability to record requirements accurately. TheMagnet® has been entrusted with the responsibility of conducting a comprehensive study to understand the specific needs of the department and prepare the relevant tender documents.

TheMagnet® brings its extensive consulting experience and commits to delivering a comprehensive study that will meet the unique requirements of the Department of Labour Inspection.

“We are delighted to have been selected by the Department of Labour Inspection for this important project,” said Periklis G. Theodoridis, CEO at TheMagnet®. “We understand the significance of this computerized system in improving the efficiency and effectiveness of the Department’s operations. Our team is dedicated to delivering a comprehensive study that will not only allow to replace the existing system but also provide advanced features to enhance the Department’s capabilities.”

The collaboration between TheMagnet® and the Department of Labour Inspection is a testament to the expertise and reputation of TheMagnet® in providing high-quality technology consulting solutions. By leveraging its industry knowledge and innovative approach, TheMagnet® is committed to delivering a study that will enable the Department of Labour Inspection to achieve its operational goals more efficiently.

TheMagnet® team comprises of the Senior Advisors, Panayiotis KalosIoannis Michaelides and Christos Vassiliou.

The contract starts on the 29th of May 2023 and is expected to end on the 30th of November 2023.

About TheMagnet®

TheMagnet® is a leading provider of innovative, tailor-made business consultancy services and complete solutions by leveraging best practices, skills, and know-how to meet the unique needs of organizations. With a team of highly skilled professionals, TheMagnet® offers cutting-edge consulting services and complete solutions across various industries, including government agencies, private enterprises, and non-profit organizations. TheMagnet® takes pride in delivering reliable, secure, and user-friendly services that drive operational efficiency and facilitate growth.

TheMagnet® becomes a member of TechIsland

TechIsland’s Onboarding Committee has approved TheMagnet®’s application for becoming a Supporting Member of TechIsland.

About TechIsland

TechIsland is a non-profit organisation with the vision of transforming Cyprus into the tech island of Europe. TechIsland has set an ambitious mission to make the tech industry the most impactful driver of GDP growth, tax revenue increase, and job market expansion on the island by the year 2030. Visit https://www.thetechisland.org/

About TheMagnet®

TheMagnet® is a management and technology consulting firm based in Cyprus. A platform of trusted Advisors for all type of businesses that provides innovative, tailor-made business consultancy services and solutions across all industries by leveraging best practices, skills, and know-how. Visit https://themagnet.com.cy.

Provision of Services to the University of Cyprus for the needs of “Deployment of Generic Cross Border eHealth Services in Cyprus”

TheMagnet®, a management and technology consulting firm has been assigned by the University of Cyprus to provide services for the creation of the communication plan and promotional actions for the needs of the project “Deployment of Generic Cross Border eHealth Services in Cyprus”.

TheMagnet® provides innovative, tailor-made business consultancy services and complete solutions by leveraging best practices, skills, and know-how.

According to the Directive 2011/24/EU, Cyprus established the NCP role with all the authority suggested by the cross-border Directive 2011/24/EU. The Cyprus NCPeH will act as the national contact point, adhering to the Directive and ensuring a better and safer cross-border health care. Cyprus is contributing in the deployment of eHealth solutions that are expected to increase safety and quality of care throughout the EU, notably by: providing immediate clinical information needed in an emergency abroad and ensuring continuity of care across EU borders.

The CEF-CY main objective is to support Cyprus efforts to be part of a secure peer-to-peer network allowing the seamless cross-border care and secure access to patient health information between European healthcare systems, particularly with the exchange of Patient Summary and prescription.

TheMagnet® will collaborate very closely with the University of Cyprus’s eHealth Lab, Department of Computer Science which is the coordinator of the project. TheMagnet® team comprises of Andreas Spyropoulos and Athanasios Demetriades.

Deployment of Generic Cross Border eHealth Services in Cyprus
EU Innovation and Networks Executive Agency (INEA)
Department C – Connecting Europe Facility (CEF)
Unit C4 Energy & ICT [2015-CY-IA-0095]: Jan. 2017 – Dec. 2021
Funding: 593,356 Euro (UCY 445,017 Euro)

The contract starts in May 2023 and is expected to end on April 2025.

Periklis G. Theodoridis, TheMagnet®’s CEO, commented:

“We are thrilled to have been entrusted with the responsibility of creating the communication plan and promotional actions for the project ‘Deployment of Generic Cross Border eHealth Services in Cyprus’ by the University of Cyprus.

Through strategic and impactful communication, we will amplify the reach and impact of this groundbreaking initiative. By crafting a comprehensive plan, we will ensure that the benefits and potential of these eHealth services are effectively communicated to all stakeholders.Our goal is to inspire trust, engagement, and excitement among the target audience, fostering a deep understanding of the transformative power of cross-border eHealth services. Together with the University of Cyprus, we will forge a path towards a more connected and accessible healthcare ecosystem in Cyprus, promoting a healthier and empowered society”.