CIOL, India
Sept 7 2008
Rise of Armenia hi-tech industry
ArmTech Congress ’08: International Armenian interests converge on
developing knowledge-based economy
Sunday, September 07, 2008
YEREVAN, REPUBLIC OF ARMENIA & MOUNTAIN VIEW, USA: The Armenian
Technology Congress announced that the annual high tech industry
conference, ArmTech Congress ’08, will be conducted on October 4-5 in
Yerevan.
It will be under the auspices of the Prime Minister of the Republic of
Armenia (RA), Tigran Sargsyan, and supported by the RA Ministry of
Economy, leading high tech industry companies, academia and
international organizations. The conference will highlight the rise of
Armenia’s strategic high tech industry while promoting international
business linkages and investments for further growth.
The Government of the Republic of Armenia (RA) stressed the importance
of the ArmTech Congress. According to Nerses Yeritsyan, the RA
Minister of Economy: "The ArmTech Congress serves as a means to
provide the platform to discuss, plan and execute policies and actions
to keep Armenia on the current path of excellent achievement,
increasing its global recognition as one of the fastest growing high
tech destinations in the world. Moreover the Government of the RA
considers the ArmTech Congress an unprecedented opportunity to obtain
business and professional information, and make key connections
spanning the global high tech industry. Directly involved will also be
government representatives from Armenia and the U.S., major players in
the financial and services sectors and leading academics."
"ArmTech is envisaged as a recurring annual global high tech industry
conference, alternating between Silicon Valley and Armenia. Its
historical and successful debut in 2007 in Silicon Valley, California
established a challenging benchmark for subsequent years," said Tony
Moroyan, the founder and co-chair of ArmTech Congress. "We are very
happy that the Armenian Government has adopted ArmTech Congress as its
Global High Tech Industry Conference by holding the second ArmTech
Congress in Yerevan in 2008."
The continuing growth of the technology sector in Armenia, together
with the expansion of the global Armenian technology community, has
created a need for a professional forum to improve communications and
cooperation among Armenian high-tech professionals and executives. The
ArmTech Congress is the response to this need. ArmTech delivers an
ideal mix of international business insights, advanced technology
content, and networking channels to leverage opportunities for
professionals and enterprises in the community. With its wide range of
technology and business sessions, ArmTech Congress offers the
opportunity to share information, identify new business opportunities,
make new contacts, and create valuable extended professional
networks. The program of ArmTech Congress ’08 has been designed to
directly address these objectives.
ArmTech Congress ’08 will be attended by high tech industry successful
leaders from the USA, Russia and Europe. Armenia will be represented
by government officials, international organizations and
representatives from academia, as well as experienced professionals
from leading Armenian high tech companies.
Rich Goldman, vice president of Corporate Marketing & Strategic Market
Development at Synopsys, and CEO of Synopsys Armenia, said: "Armenia
holds great potential, but we continue to be impacted by major and
unnecessary challenges that greatly reduce the attractiveness of
Armenia for Foreign Direct Investment. A progressive, forward thinking
government can go a long way toward making Armenia an investment
destination. ArmTech Congress offers a venue for a gathering of
business, government and academic thought leaders to openly discuss
the issues and challenges, and agree to actions that will strengthen
Armenia’s business and IT environment, making Armenia truly
competitive in the IT sphere."
"Challenges exist in all three areas; government, academia, and
business, and we must work together to resolve them and develop ideas
that will lead to the accelerated economic development of
Armenia. ArmTech gives us this opportunity," he added.
©CIOL Bureau
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