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  • It Armenia's Brand - Expert

    IT ARMENIA'S BRAND - EXPERT

    tert.am
    09.07.12

    Armenia is positioning itself as not only an IT, but also as an R&D
    center, Bagrat Yengibaryan, Director of the Enterprise Incubator
    Foundation (EIF), told journalists on Monday.

    "IT is Armenia's brand now. I wish Armenia's IT brand developed
    along with its cognac and apricot brands. We hope that Armenia's
    representation in the Silicon Valley will give serious impetus to the
    industry's development," Yengibaryan said. More than 300 IT companies
    are operating in Armenia now, he added.

    Also, a number of new companies have been established in the past
    three years. If the current rate is maintained, 10% annual growth
    may be recorded, he said.

    He noted that the monthly salary in Armenia's IT sector exceeds US
    $1,000 now.

    As regards international companies cooperating with Armenia, he
    singled out the Microsoft Innovation Center Armenia, which is among
    the world's top ten centers.

    With respect to Mobile research Armenia is the second after Poland.

    Yengibaryan also recalled the establishment of Nokia laboratories,
    which is to get extra financing this year.

    "The Armenian-Indian training center is training around 300 specialists
    in developing high-speed software," Yengibaryan said.

    Armenia is also negotiating IT development with South Korea and
    China, and South Korean IT specialists are to arrive in Armenia late
    this week.

    IT development centers have been opened in Armenia's second largest
    city, Gyumri, and in Nagorno-Karabakh. Not only local, but also
    foreign investments have been made in the centers.

    "The construction of the Gyumri industrial park is most inspiring, and
    60 specialists are taking retraining courses, and four IT development
    laboratories are working, there. Similar centers will also be opened
    in Vanadzor and Charentsavan," Yengibaryan said. Armenia is also
    managing Black Sea countries' IT projects, he added.

    Yengibaryan is proud of the fact that "made in Armenia" can now be
    read on Synopsys-made tools. Referring to well-known IT experts,
    he said that Armenia is now a European-Asian coordination center.

    Speaking of brain drain, Yengibaryan said that about 7% of IT
    specialists leave Armenia.

    "More specialists are now trained in Armenia than leave the country.

    They do not go to find jobs. Young people do not any more have such
    a strong desire to leave Armenia," he said.




    From: A. Papazian
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