ArmInfo. The Minister of Transport, Communication and Information Technologies Vahan Martirosyan received representatives of the Union of Information Technology Companies (UITE), headed by the president of the union Alexander Yesayan. The parties discussed the details of the participation of the Armenian delegation at the World Conference on Information Technologies (WCIT), which will be held in India from 19 to 21 February.
As the press service of the Armenian Ministry of Transport informs, during the meeting the parties touched upon the representative format of the conference, discussed a number of organizational issues.
Vahan Martirosyan, emphasizing the importance of WCIT-2019 organization in Armenia, noted that this will contribute to strengthening Armenia's reputation as a technologically advanced country and the acquisition of new international contacts.
"WCIT" is one of the most important events in the field of technology, in which 2-3 thousand leaders of information technologies participate, from about 100 countries. It is noted that the Armenian delegation includes the heads of a number of IT and telecommunications companies. Deputy Minister of Transport, Communications and Information Technologies Arman Khachatryan will represent the RA Government.
Earlier, ArmInfo informed that from 2010 to 2016 the turnover of the IT sphere in Armenia increased 5 times, to $ 510 million, and the number of companies has tripled, according to the Minister of Transport, Communications and IT of Armenia Vahan Martirosyan in an interview with Emerging Europe, the sphere of information technologies Armenia has a high growth potential, and it faces the task of starting to develop costly technological solutions that will provide the opportunity to create high added value. At the same time, as the minister noted, 70% of IT companies' revenues come from global market services.
According to the National Statistical Service of Armenia, the IT sector of Armenia as of the end of 2017 reached a 13.6% growth, providing an annual revenue of 269.1 billion drams ($ 557.5 million). According to statisticians, 80.1% of the total volume of IT-sector revenues comes from the services provided. Given the estimated GDP, in 2017 the share of the IT sector was about 5%.