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21.11.2009 10:41
 The USAID-funded Competitive Armenian Private Sector (CAPS) Project will host the 3rd Annual Armenian Information Technology (IT) Conference on November 24 in Yerevan. The event is being organized in collaboration with industry representatives, including the Ministry of Economy, Armenian Development Agency, Microsoft Armenia, Enterprise Incubator Foundation, D-Link, Arminco and IT business associations, and aims to bring the industry together on pressing issues.
Despite the declines in sales and investment due to the global economic crisis, the Armenian IT industry had a number of achievements during the past year, such as improved tax and customs procedures as a result of successful public private sector cooperation; entrance of the third mobile operator into the telecommunication market, number of local and regional IT expos and forums securing business deals for Armenian IT firms; and ArmTech Congress in Silicon Valley showcasing Armenia’s high tech capabilities in one of world’s largest high tech economic centers.
While in light of the latest political and economic developments, the conference aims to analyze the current opportunities and challenges and define IT industry priorities for the future. The conference will raise and seek solutions to Armenia’s telecommunication sector development, will highlight how academic partnerships can result in competitive educational curricula, and how the creation of venture capital funds can support the development and expansion of high tech businesses.
“The competitiveness of the Armenian IT industry is highly dependant on a fast transfer of new technologies into the country, adoption of international best practice, availability of Armenian information and creation of a sound educational environment. The conference provides an excellent opportunity to bring the cluster together to discuss ways for improved management of these processes,” Armen Abrahamyan, CAPS IT Cluster Coordinator says.
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