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  • 'Not Armenia That Must Go To Global Companies, But Major Companies M

    'NOT ARMENIA THAT MUST GO TO GLOBAL COMPANIES, BUT MAJOR COMPANIES MUST COME TO ARMENIA': TIGRAN SARGSYAN SPEAKS AT ARMTECH GALA

    Tert
    Nov 9 2009
    Armenia

    ArmTech Congress '09, the third Global Armenian High Tech Industry &
    Business Conference, was held under the patronage of the Prime Minister
    of the Republic of Armenia on November 5-8, 2009, in California's
    Silicon Valley.

    Distinguished keynote speakers included Honorable Joe Simitian,
    California State Senator (U.S.); Areg Galstyan, Deputy Minister of
    Energy and Natural Resources (Republic of Armenia); Pegor Papazian,
    CEO, National Competitiveness Foundation of Armenia; Daniel M.

    Mahoney, President and CEO, Renesas Technology America, Inc. (U.S.);
    and Gregory K. Hinckley, President of Mentor Graphics, Inc.(U.S.).

    Sargsyan, speaking at the conference's evening gala at Fairmont Hotel
    San Jose, said that during his stay in Silicon Valley, it became
    clear it is necessary to make changes to RA government projects in
    the area of internet technology. "They grew outdated over the time we
    were trying to implement them," the prime minister stated. It turns
    out that we have to refresh, an opportunity which ArmTech provides.

    Secondly, during our meetings with a major company an idea was proposed
    that, firstly, made me astonished, that it's not Armenia that must
    go to global companies, but rather, major companies must come to
    Armenia. The world is becoming very small, and global companies are
    competing there. There are no longer any free places."

    The prime minister emphasized the third conclusion: "The competition
    among the world's global companies is not in finding a place in the
    present market, since there is no more free space. Moreover, all the
    spaces in the future market too are occupied, which makes the Blue
    Ocean Strategy very timely, since all those territories where we try
    to position ourselves are occupied today and tomorrow. We are late:
    this means we must find our ocean, our space, where we will have
    our relative advantage." The prime minister considered the question
    "What is Armenia's place in the future world?" to be pivotal. "No
    global company thinks [about this], other than us; they think about
    their own business. And ArmTech must provide assistance in finding
    the answer to the question."

    In the context of the meetings and discussions held recently, Sargsyan
    also referred to the Armenian world: "The Armenian world is a reality.

    The rapidly changing and diminishing world showed that. It is not
    the formation of the Armenian world that should interest us, since
    it exists, but its future: what changes we must undergo, how we must
    change the Armenian world's traditional structures, our country."

    As announced by the Republic of Armenia government, the prime minister
    referred to the Armenian Genocide, Armenia-Diaspora cooperation,
    and major issues related to Armenian-Turkish relations, as well
    as presenting Armenia's position and the Armenian's president's
    initiatives directed toward the establishment of the relations.
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