by Erik Abrahamyan
In 2013 Armenia's IT sector grew by 20%. IT exports grew by 12% as a result of a growth in domestic consumption, Armenian Prime Minister Tigran Sargsyan said on Tuesday, while presenting the first Armenian tablet, ArmTab.
Sargsyan pointed out that 80% of IT players in Armenia are local companies. "The sector employs as many as 11,000 specialists, with their number growing by 15% a year," the PM said.
He congratulated all the companies involved in the ArmTab project and pointed out that its success was due to the IT development program adopted by the Armenian Government two years ago and aiming to create investment and other opportunities for local companies.
"Our IT sector is still short of highly-qualified personnel but as new specialists will be trained, it will experience increasing progress," Sargsyan said.
According to different sources, the total turnover of Armenia's IT sector amounts to $200mln.
A total of $6.5mln has been invested in ArmTab. The author of the project is Vahan Chakarian's Technology and Science Dynamics Corp. The tablets will be assembled in Hong Kong.