Armenia’s IT sector prospective for foreign investors - Technological Excellence Center chief

PanARMENIAN.Net - Technological Excellence Center founder is confident that Armenia’s IT sector is among the top 5 most prospective spheres in terms of foreign investments.

As Richard Bezjian told a news conference in Yerevan, “for 15 years, the Excellence Center has been manufacturing IT products enjoying major demand in U.S., Canada, France, Germany, Belgium, as well as CIS states.”

“95% of our products are sold at foreign markets, with implementation of modern standards to boost competitiveness viewed as a key challenge,” Bezdjian said.

According to Bezdjian, the Center cooperates with leading international companies like Oracle, Microsoft, IMB, among others. “Armenian IT products have good positions on international market. However, an effort is needed to increase Armenia’s reconcilability as a manufacturer of top-quality IT products,” he stressed.