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Armenia's IT Sector Needs Huge Funds

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  • Armenia's IT Sector Needs Huge Funds

    ARMENIA'S IT SECTOR NEEDS HUGE FUNDS

    news.am
    Nov 2 2010
    Armenia

    The South Caucasus countries are creating their own competition
    potential - either due to natural resources (Azerbaijan) or due
    to communication lines (Georgia), Manuk Gergnyan, Director of the
    EV Consulting Company and Head of the Economy and Values research
    center, told journalists Nov. 2. Armenia should create its competition
    potential due to knowledge, he said.

    "We not only need new technologies, but also must use the opportunities
    they afford, which will enable us not only leave our neighbors behind
    in many respects, but also gain access to vast regions," Gergnyan said.

    He pointed out positive changes in Armenia over the recent period -
    a higher number of mobile communication users, high-speed Internet
    communication. However, it is not enough for being a competitive
    country. "The IT sector needs serious investments, as information
    technologies are not just a group of students with a few computers.

    The IT needs huge funds to become a mover for the country," Gergnyan.




    From: A. Papazian
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