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Armenian Informaion Technology Sector Has Entered The Qualitative St

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  • Armenian Informaion Technology Sector Has Entered The Qualitative St

    ARMENIAN INFORMAION TECHNOLOGY SECTOR HAS ENTERED THE QUALITATIVE STAGE OF DEVELOPMENT, TIGRAN DAVTIAN SAYS

    Noyan Tapan
    May 03 2007

    YEREVAN, MAY 3, NOYAN TAPAN. Armenia's IT sector has entered a new
    stage of development - passing from the quantitative stage to the
    qualitative one. RA Deputy Minister of Trade and Economic Development
    Tigran Davtian stated this at the conference "Competitiveness of
    Armenian Information Technologies" held on May 3.

    In his words, IT is of great importance for economic growth of
    Armenia. T. Davtian noted that the country has much potential for
    developing this sector, while the use of IT in other sectors will
    help form the most competitive economy. The deputy minister said that
    while integrating into the international economic system, Armenia
    should first of all promote exports of IT production.

    According to Director of the Enterprise Incubator Foundation (EIF)
    Bagrat Yengibarian, conference participants envisage to discuss issues
    related to development prospects and strategy of the Armenian IT
    sector, promotion of IT industry, its workforce, sceintific research
    work, and telecommunication. A number of international organizations
    are also participating in the conference.

    B. Yengibarian said that a stable 20% annual growth has been registeted
    in the sector in the past five years. About 160 enterprises are
    currently operating in the IT sector, the number of jobs has reached 5
    thousand, 80% of specialists work at foreign organizations. According
    to the latest information, in 2006, the IT sector's production amounted
    to 84 million dollars. Nearly 63% of production is exported.
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