Cypriot companies are expected to continue upgrading their digital capabilities in 2025, with faster internet connections, greater adoption of artificial intelligence technology and increased use of business software, according to Cystat.
Cyprus is currently reporting 98.2% While the demand for high-speed connections is rapidly increasing, the number of businesses using fixed internet connections is increasing. 87.3% of companies had faster download speeds than above. 100Mbit/s compared to 2025 44.8% In 2021.
The most common contracted speeds ranged from: 100 to 499 Mbit/s 36.5 percent, followed by 1Gbit/s or more It is 26.2%.
only 2 percent Percentage of companies maintaining a speed of 30Mbit/s.
Almost one in four companies is turning to e-commerce. 23.9%received an online order for goods or services during 2024.
Most orders are made via the website or app; 23 percentinclude 17.1% Through the company’s own platform, 14.1% Through the Marketplace Site.
Targeted at individual customers 21.9% Businesses and public institutions account for the majority of online orders 10 percent.
The use of artificial intelligence continued to increase. In 2025, 9.3% The percentage of companies using AI technology is 2.6 percent In 2021.
Adoption continues to be closely tied to company size, with usage as follows: 35.1% Among large companies, 15.3% Among medium-sized companies, 7.7% among small and medium-sized enterprises.
The most notable increase occurred in large organizations, where usage increased from 13% in 2021.
Business software remains at the heart of corporate digital systems. ERP software is the most widely used and adopted by the following companies: 41 percent of a company.
CRM software looks like this: 33.1%meanwhile 22.1% Utilize business intelligence tools for data analysis and reporting.
Usage patterns again reflect company size and the scope of ERP implementation is: 37.2% among small businesses 82.4% Even among large enterprises, BI usage is 75.3% In large companies.
total 33.7% of companies rely on their own employees for data analysis, while 16 percent Choose to outsource these processes to outside experts.
Medium and large companies are much more likely to perform analytics in-house.
Environmental practices related to digital activities are also becoming more common. 25.4% of companies use ICT tools to reduce energy consumption, 22.3% Apply solutions designed to limit the materials used or improve recycling.
When disposing of ICT equipment, 68.6% Recycle your unused devices, 53.2% Store it as a spare part, 32.6% You can sell it, donate it, or return it.
Survey target in 2025 5.232 companies It has more than 10 employees in manufacturing, construction, trading, transportation, accommodation and food services, information and communications, real estate, professional services, administrative support and other service activities.
Data were collected between February and June.
