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CYRIC

Sector: Information and communication technologies (ICT)
Nicosia, Cyprus

About CYRIC

CyRIC is a fast growing company with a strategic aim to become an important regional Center developing disruptive products for the world markets and providing unique, high quality services to the industry. CyRIC’s mission is to provide research and innovation services, developing and prototyping of innovative products for the international market. CyRIC aims to become the leading research and innovation center in the Eastern Mediterranean region and increase both its turnover and its personnel by 50% per year over the next five years.

Main Activity Area: CYRIC offers Research and Innovation Services for its customers in the fields of engineering design and prototyping, electronics and communications and software solutions. In addition a number of specialised consultancy and entrepreneurship services are offered to startups and SMEs.
Research Area: Among other, CYRIC offer simulation solutions for Solar Heating Systems (hot water and/or space heating) and Geothermal Systems. All models are innovative mainly due to their high accuracy, offering an optimal sizing of the thermal systems.
Achievements: CyRIC personnel expertise accumulates vast experiences in Research and Innovation projects with participation in more than 35 funded R&D (Research and Development) projects worth over 40 million Euros. Currently CyRIC participates in 9 EU projects (4 as a coordinator) and other national projects of total budget exceeding 20 million Euro and executes numerous assigned projects for the industry.
Staff Qualifications: Qualification of research staff at CyRIC ranges from PhD Researchers to MSc Computer Engineers and IT Developers.
IP: 138.201.154.83
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