Armenia’s It Sector Prospective For Foreign Investors – Technologica

ARMENIA’S IT SECTOR PROSPECTIVE FOR FOREIGN INVESTORS – TECHNOLOGICAL EXCELLENCE CENTER CHIEF

PanARMENIAN.Net
August 1, 2012 – 14:02 AMT

PanARMENIAN.Net – Technological Excellence Center founder is confident
that Armenia’s IT sector is among the top 5 most prospective spheres
in terms of foreign investments.

As Richard Bezjian told a news conference in Yerevan, “for 15 years,
the Excellence Center has been manufacturing IT products enjoying
major demand in U.S., Canada, France, Germany, Belgium, as well as
CIS states.”

“95% of our products are sold at foreign markets, with implementation
of modern standards to boost competitiveness viewed as a key
challenge,” Bezdjian said.

According to Bezdjian, the Center cooperates with leading international
companies like Oracle, Microsoft, IMB, among others.

“Armenian IT products have good positions on international market.

However, an effort is needed to increase Armenia’s reconcilability
as a manufacturer of top-quality IT products,” he stressed.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS