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Shadow Economy Impedes Spread Of IT In Armenia

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  • Shadow Economy Impedes Spread Of IT In Armenia

    SHADOW ECONOMY IMPEDES SPREAD OF IT IN ARMENIA

    news.am
    March 3 2010
    Armenia

    IT products are not sold in Armenia as businessmen have no idea of
    information programs' efficiency or simply do not want to cut shadow
    costs, Director of Nork information -- analytical center Hayk Chobanyan
    told NEWS.am-Innovation. He also added that Armenian IT companies
    sell products abroad, as there is no demand in domestic market.

    "Shadow business rate in Armenia is very high, but in case of IT
    application shadow business will not survive. This might be one of the
    reasons for businessmen not to use new technologies," Chobanyan stated.

    According to him, Nork center experts try to establish cooperation with
    companies of other fields, reasoning that IT is crucial for business
    and through new technologies they can cut the expenses dramatically,
    but no avail. Companies' owners simply ignore use of IT.

    From: Emil Lazarian | Ararat NewsPress
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