NEWS
Orange Business to support connectivity for AWS Outpost for Egypt based EdgeConn , Ministry of Education
Orange Business has signed an agreement with EdgeConn , the Egyptbased private Prime Cloud-Computing and Managed Services Provider to the local market , for a direct private connection to Amazon Web Services , AWS Cloud services using AWS Direct Connect . This agreement will support EdgeConn in establishing the AWS Outposts in Egypt .
Sahem Azzam , Senior Vice President for the Middle East , Africa and Türkiye , at Orange Business , added : “ This new agreement with EdgeConn has some really innovative elements and potential for further development . It demonstrates the benefits of secure , flexible infrastructure delivered by our digital infrastructure and this innovative approach will help to drive EdgeConn ’ s business growth in Egypt ’ s rapidly developing digital economy .”
Orange Business will provide end-to-end , fully managed services including hardware , design , implementation and operation . These include connectivity , Business VPN Galerie service to privately connect to AWS ; professional services , Network Consultant for design phase ; technical management to provide end to end configuration ; project management during the implementation phase ; service management , Service Manage – 24x7 Service Support Orange Business helpdesk and remote proactive service monitoring ; and dedicated customer service manager during the operation phase . Orange Business will also undertake appropriate training of EdgeConn representatives to support their processes .
EdgeConn ’ s strategic customer , the Egypt Ministry of Education is targeting the transformation of the educational content
Sahem Azzam
delivery for 22 million students and teachers in the K-12 segment .
Orange Business was able to roll out in days initial connectivity services for EdgeConn to meet the project needs . Orange Business has invested extensively in building gateways through which the company can provide direct connectivity and related network services supporting multi cloud customers and partners requirements .
Orange Business and EdgeConn see further opportunities to replicate this successful connectivity service arrangement in future with projects across Egypt .
ALNET Technologies implements Sage Intacct for investment organisation with 70 % efficiency across 48 entities
ALNET Technologies reports the benefits reaped by an investment organisation that recently embraced the financial power of Sage Intacct . In doing this it achieved a 70 % efficiency rate across 48 entities during its monthly close . ALNET Technologies is a Sage Platinum Business Partner and a provider of the complete suite of Sage Evolution ERP , Sage Intacct , CRM , Payroll and Cloud Solutions .
“ This enterprise had previously relied on legacy accounting applications that did not meet its functionality and scalability needs for managing complex accounting across multiple business facets in multiple entities ,” says Netesh Maharajh , Director , ALNET Technologies .
He reveals this company resorted to Excel-based spreadsheets to compile departmental expenses because its legacy system could not provide the allocation rules required for processing and reporting .
Daily and weekly shared expense allocations across the business and entities were manual , time-consuming , and monotonous tasks due to their inability to process intercompany transactions and lack of multi-entity capabilities . Financial controllers had to log in and out of separate companies in its legacy accounting application to manage and process transactions , resulting in a more tedious , cumbersome , and time-consuming exercise .
The organisation evaluated three other industry bespoke solutions before selecting Sage Intacct for its financial management entities . They were impressed by Sage Intacct ’ s capabilities for automated rulebased expense allocations across all cost centres in the business , multi-entity financial management , automated intercompany journal entries , dimensions for the general ledger , and customised reporting and dashboards .
With Sage Intacct , this company ’ s finance team reduced the time needed for closing the books by an impressive 70 %. This encompassed everything from manual and tedious expense allocations in Excel to bank reconciliations , intercompany journal entries , and accruing for liabilities and provisions required for the month .
Netesh Maharajh
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