In the scope of Digitec2022 Enterprise Armenia organized the "Investor's Day for the IT sector" event which hosted top officials from the Government, Parliament, and the IT industry.
Some insights captured from the speakers:
Tigran Khachatryan, deputy prime minister:
- ICT sector had exceptional growth in 2022.
- Continuous human capital development is critical to keep the pace of growth.
- Armenian government has a long-term strategy to support this and welcomes joint programs between universities and private companies.
Hakob Arshakyan, Vice President of the National Assembly:
- ICT sector achieved a turnover of more than $1 billion in 2022
- In 2022 Armenia launched its first satellite.
- Picsart became a unicorn.
- Microchip will open R&D centers in Armenia.
- Science budget is more than 30B AMD, a 50%+ increase compared to the previous year.
- The IT sector needs about 9000 new engineers to keep the same levels of development.
Kristina Kvien, US ambassador in Armenia:
- The number of companies with foreign ownership is constantly growing in Armenia. US-based Boston Gene, Grid Dynamics, and many others established their presence in 2022.
- US Government supports the efforts of the Armenian Government to reform the economy, strengthen Public-private dialog, and overcome geopolitical challenges.
Robert Khachatryan, the minister of High Tech Industry:
- Government aims to increase the competitiveness of Armenian IT companies globally. This is the primary goal of IT support law.
- Last year the ministry organized vocational training for more than 9000 specialists to help them enter the ICT labor market.
- The engineering city project progresses aiming to unite engineering companies in the same place to stimulate an innovation ecosystem.
Alexandr Yesayan, president of UATE, Co-Founder of TEAM Telecom, Co-Founder & CEO of Intent.ai:
- ICT sector's turnover passed $1 billion in 2022 (vs $650M in 2021).
- There were 2195 active ICT companies as of July 2022
- 45K people are employed by IT companies (63% male, 37% female)
- No Growth rate in the number of students and graduates in STEM.
https://t.me/threenstartups
#digitec2022 #investorday #enterprisearmenia
Some insights captured from the speakers:
Tigran Khachatryan, deputy prime minister:
- ICT sector had exceptional growth in 2022.
- Continuous human capital development is critical to keep the pace of growth.
- Armenian government has a long-term strategy to support this and welcomes joint programs between universities and private companies.
Hakob Arshakyan, Vice President of the National Assembly:
- ICT sector achieved a turnover of more than $1 billion in 2022
- In 2022 Armenia launched its first satellite.
- Picsart became a unicorn.
- Microchip will open R&D centers in Armenia.
- Science budget is more than 30B AMD, a 50%+ increase compared to the previous year.
- The IT sector needs about 9000 new engineers to keep the same levels of development.
Kristina Kvien, US ambassador in Armenia:
- The number of companies with foreign ownership is constantly growing in Armenia. US-based Boston Gene, Grid Dynamics, and many others established their presence in 2022.
- US Government supports the efforts of the Armenian Government to reform the economy, strengthen Public-private dialog, and overcome geopolitical challenges.
Robert Khachatryan, the minister of High Tech Industry:
- Government aims to increase the competitiveness of Armenian IT companies globally. This is the primary goal of IT support law.
- Last year the ministry organized vocational training for more than 9000 specialists to help them enter the ICT labor market.
- The engineering city project progresses aiming to unite engineering companies in the same place to stimulate an innovation ecosystem.
Alexandr Yesayan, president of UATE, Co-Founder of TEAM Telecom, Co-Founder & CEO of Intent.ai:
- ICT sector's turnover passed $1 billion in 2022 (vs $650M in 2021).
- There were 2195 active ICT companies as of July 2022
- 45K people are employed by IT companies (63% male, 37% female)
- No Growth rate in the number of students and graduates in STEM.
https://t.me/threenstartups
#digitec2022 #investorday #enterprisearmenia
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