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  • Armenia as a Technology Hub?

    Armenia as a Technology Hub?

    By Sassoon Grigorian on April 22, 2014 in Featured, Headline, Opinion

    Armenia'with its highly educated population, an entrepreneurial
    spirit, a legacy of research and development during Soviet times, and
    high growth digital sector'can become a technology hub or `Silicon
    Mountain' in the region.

    According to the Enterprise Incubator Foundation, in 2012, Armenia
    exported $120 million worth of IT software and services, mostly to the
    U.S., Canada, and the European Union. There were about 360 IT
    companies in Armenia, with an average annual growth of 23 percent.
    Revenues accounted for 3.3 percent of its national GDP, with the
    industry contributing 8 percent of total exports. About 1 in 10 of the
    companies had a turnover of more than $1 million.

    Armenia used to be a hub for the Soviet Union's scientific and
    research and development (R&D) activities, including industrial
    computing, electronics, and semiconductors. Since independence, the
    country's focus has been towards software development, outsourcing,
    and IT services.

    Although Armenia has around 90 percent coverage of 3G network
    nationally, only around 40 percent access the network.

    Students experiment in robotics during a workshop at Tumo.

    That is why places like the Tumo Center are so important. Tumo is a
    new kind of after-school learning environment where thousands of
    teenage students are put in charge of their own learning, in a place
    where there is access to the internet and technology. The Center
    teaches skills necessary to succeed in the digital industry, for
    example in animation, video game design, web development, and digital
    video and audio.

    Another organization helping prepare Armenia for digital future is
    Armtech, which promotes Armenia's high technology economy and
    encourages investment; allows for the networking among high tech
    professional worldwide; and organizes a leading Armenia tech
    conference every year.

    Then there have been the technology investments. In 2011, Microsoft
    Corporation established an Innovation Center in Yerevan, and in the
    same year India set up a joint Center for Excellence in Information
    Communication Technologies at Yerevan State University. In response,
    the Armenian government opened an information and high-tech office at
    the Plug and Play Center in Silicon Valley in December 2012.

    The latest accomplishment came in December 2013, when Technology and
    Science Dynamics Inc./Armtab Technologies Company, an
    American-Armenian joint-venture, announced the first tablet and
    smartphone made in Armenia.

    A country that has made the most of its small land mass while
    leveraging the intellectual capacity of its population has been
    Israel. The percentage of Israelis engaged in scientific and
    technological inquiry, and the amount spent on research and
    development in relation to gross domestic product, is the highest in
    the world.

    A number of factors have contributed to this, including investing
    within the country to patent technologies and attracting foreign
    investment to build research and development centers. The Armenian
    government should consider these and other models to further enhance
    some its natural resources'its people.

    Perhaps it could appoint an Advisory Board (including diasporans) to
    work alongside these existing organizations to set and implement
    Armenia's digital plan, to not only develop the sector but identify
    new opportunities to leverage.

    Armenians are no strangers to the digital sector, with Avie Tevanian,
    a former senior vice president and former chief software technology
    officer at Apple; Alexis Ohanian, co-founder the social news website
    Reddit; Vahé Torossian, corporate vice president of Microsoft's
    Worldwide Small and Mid-market Solutions and Partners (SMS&P)
    organization; Katherine Safarian from Pixar, and an Oscar recipient;
    Zareh Nalbandian co?founder and CEO of Animal Logic, one of the
    world's leaders in digital animation; and many others.

    The opportunities that are available are huge. For example, WhatsApp
    Messenger, a cross-platform mobile messaging app, was recently
    acquired by Facebook for $19 billion.

    Armenia's most valuable commodity is before us, we just need to open our eyes.



    http://www.armenianweekly.com/2014/04/22/armenia-technology-hub/




    From: A. Papazian
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