There are 3 Companies in Lebanon
that provide Enterprise App Modernization Services!

Lebanon aims to position itself as a strategic hub in the Middle East and North Africa by becoming one of the top-performing countries in the region in terms of datacoms infrastructure and IT business environment. 

The results of the Lebanese Innovation Survey concerning ICTs indicate a very dynamic portion of the entrepreneurial activities, with strong export orientation, including Gulf countries, and rather young personnel indicates that the performance of the Lebanese ICT Small and medium-sized enterprises (SMEs)s depends largely on their leader

Why you should work with Lebanon IT companies

Low prices and experienced professionals are the main reasons why Lebanon managed to attract direct foreign investments from international companies and organizations. Since the country has focused a lot on BPO services, it may be challenging for locals to establish their own IT and digital companies in a country with a poorly developed IT industry. 

At the same time,  Kaysar Daou from Leoceros relates that Lebanon has a highly educated and skilled workforce, including in the IT sector. The country also has a strategic location. Its potential lies within the talented and resilient minds that are enduring the toughest of challenges. And unfortunately for the Lebanese, but luckily for IT service seekers, the Lebanese workforce is considered cheaper than others due to the economic crisis. However, political instability and economic challenges, such as the lack of access to foreign currency and high inflation rates, may deter international IT companies from investing in the country.

What you should pay attention to when working with Lebanese IT companies

The Lebanese economy is often described as open and liberal with minimal state intervention. This was always considered as an advantage since the private sector has to survive and prosper despite the lack of assistance from the public sector. As indicated by Chakour, Lebanese people do not rely on the government to provide for their well-being. The Lebanese government’s actions are weak for the following two main reasons.

Disabled by those issues, the Lebanese state has a relatively weak capacity. Public actions in favor of research and innovation have been very timidly developed. There is no ministry in charge of national S&T policymaking in Lebanon or a clear national strategy for technology. The Lebanese ICT policy was limited in terms of government usage and priority. According to the World Economic Forum, Lebanon is ranked 135 out of 142 countries, in terms of government prioritization of ICT. In the same report, Lebanon was ranked 141 out of 142 in the importance of ICT to government vision and government procurement of advanced technologies.

In addition, when working with a local IT company from Lebanon, others should be aware of the potential challenges posed by the economic crisis and political instability in the country. Communication and transparency are key to managing expectations and ensuring the success of the project. Additionally, it is important to work with a reputable company that has a proven track record and strong references.

How reliable are Lebanese IT companies

In terms of reliability, Lebanese IT companies benefit from foreign companies’ reputations. 86% of all IT companies from Lebanon are multinational or international agencies and investors aiming to attract a low-cost and decent-quality workforce. 

The main investors in the Lebanon IT industry are French tech companies, which are extending their network and influence in North Africa and the Mediterranean regions.

How does the Lebanese IT industry relate to the region?

The ICT sector is recognized as a key driving force for Lebanon’s economy. It is a fast-growing sector with an estimated market size of USD 436.2 million in 2016. In 2013, the ICT sector contributed to 3% of Lebanon’s GDP. Furthermore, Lebanon is emerging as a leading exporter of software development and services in the region. Comparatively, to other Lebanese sectors, the software sector is distinguished by its dynamism, innovation, and its good capacity of identifying future technologies.

Overall, while Lebanon's IT industry may not be as large or developed as some of its neighbors, it has a strong reputation for innovation and creativity. However, the challenges posed by the economic and political climate in the country can make it difficult for companies to operate and grow.

How is the Business Environment in Lebanon?

According to Kaysar Daou from Leoceros, a leading IT company in Lebanon, The country is considered a small hub in the Middle East with a diverse economy, ranging from agriculture to services. However, the country has been facing economic and political challenges, including a major financial crisis, since 2019. This has led to high inflation rates, limited access to foreign currency, and a drop in purchasing power. The business environment in Lebanon is currently challenging, with many businesses struggling to survive.

In addition, Kaysar relates that based on his knowledge and experience, the business climate to open a new IT company as a local entrepreneur in Lebanon can be challenging due to the economic crisis and limited access to foreign currency. However, the highly skilled workforce and supportive ecosystem for startups can be advantages for local entrepreneurs.

The World Bank reported that Lebanon's GDP contracted by around 40% between 2017 and 2021, highlighting the severity of the economic downturn. Additionally, corruption, inadequate infrastructure, and a challenging regulatory environment further hampered business growth and investor confidence during this period. 

Beirut and Tripoli - named the best places in Lebanon for IT Businesses

Kaysar adds on this topic that two of the best cities for IT companies in Lebanon are Beirut and Tripoli. Beirut is the capital and largest city, with a vibrant startup ecosystem and access to a skilled workforce. Tripoli is the second-largest city and has been developing as a hub for IT companies, with a growing number of startups and a lower cost of living compared to Beirut.

Despite all, Lebanon's talent poll described as skilled and educated

The local talent pool in Lebanon is highly educated and skilled in various IT fields, including software development, graphic design, and digital marketing. Many young people are attracted to the IT industry due to its potential for innovation and entrepreneurship. However, the economic crisis has led to a brain drain, with many skilled professionals leaving the country in search of better opportunities.

This article was created together with prominent figures and professionals coming from reputable Lebanese IT companies. Special credits: Kaysar Daou

Enterprise App Modernization services involve updating and transforming legacy applications and systems to meet the evolving needs of businesses in a digital era. These services encompass a range of offerings such as application refactoring, cloud migration, technology upgrades, integration, and user interface redesign. Enterprise App Modernization services are closely related to software development, mobile app development, application testing, and mobile app marketing among others.

According to The New Stack, 54% of businesses that own an app, plan to modernize them within 6 to 12 months from the date these were launched. 

Nonetheless, to modernize an app any company has two options: an in-house team, or looking for a specialized IT company. While the benefits of having an in-house development team that will handle this process are obvious, businesses can experience a series of benefits by partnering with a specialized IT company for their Enterprise App Modernization needs. Here are some key advantages:

• Enhanced Efficiency and Performance: Legacy systems often suffer from outdated technology, inefficiencies, and limitations. Enterprise App Modernization improves system performance, scalability, and reliability, enabling businesses to operate more efficiently and meet growing demands.
• Cost Savings: Modernizing legacy applications can lead to significant cost savings over time. It eliminates maintenance costs associated with outdated technologies, improves resource utilization, and enhances productivity, resulting in long-term cost efficiencies.
• Increased Agility and Innovation: Modernized applications leverage new technologies, such as cloud computing, microservices, and AI, fostering agility and innovation within the organization. It allows businesses to respond quickly to market changes, drive digital transformation initiatives, and stay ahead of competitors.
• Improved User Experience: Modernized applications often come with enhanced user interfaces, intuitive navigation, and improved functionality. This leads to a better user experience, higher user satisfaction, and increased productivity among employees and customers.
• Scalability and Integration: Modernized applications are designed to scale and seamlessly integrate with other systems and platforms. This allows businesses to adapt to changing demands, incorporate new features, and integrate with third-party applications and APIs more effectively.

When choosing an Enterprise App Modernization provider for a project, consider the following criteria:

• Expertise and Experience: Look for providers with extensive experience in modernizing enterprise applications and systems. Assess their track record, industry knowledge, and success stories to ensure they can effectively handle your specific modernization needs.
• Technology Stack and Skills: Evaluate the provider's proficiency in modern technologies and frameworks relevant to your project, such as cloud platforms, microservices, containerization, and API integration. They should possess the necessary skills to deliver robust and future-proof solutions.
• Project Management and Collaboration: Consider the provider's project management approach and communication practices. Look for a provider that values collaboration, ensures transparency, and keeps you involved in the modernization process.
• Security and Compliance: Verify that the provider follows stringent security practices and has a comprehensive understanding of data protection regulations. They should prioritize data security during the modernization process and address any compliance requirements specific to your industry.

TechBehemoths is a valuable resource for finding the best Enterprise App Modernization companies for your projects. With over 990 companies listed on the platform providing Enterprise App Modernization services across 75+ countries, TechBehemoths.com simplifies the search process. The platform provides detailed company profiles, client reviews, and ratings to help you evaluate and compare different service providers.

Two reasons why you should use the platform to find the right Enterprise App Modernization provider for your needs are as follow:

• Wide Range of Options: TechBehemoths offers a comprehensive directory of Enterprise App Modernization companies from various countries and regions. This allows you to explore a diverse set of options, consider their expertise, and find a provider that aligns with your specific project requirements.
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