Friday, July 14 2017 19:13
Alina Hovhannisyan

Italian company IDS is ready to invest 10 million EUR for research laboratory opening in Armenia

Italian company IDS is ready to invest 10 million EUR for research  laboratory opening in Armenia

ArmInfo. Alina Hovhannisyan. The Italian  multinational company IDS together with the "Technology and Science  Dynamics" within five years is ready to invest 10 million EUR for the  creation of a research laboratory (NRL) in Armenia. Vahan Shakaryan,  the founder of the company "Technology and Science Dynamics", told  during a press conference on July 14.

According to him, the work in the laboratory will be aimed at  researching technologies in the domain of forensic (computer  forensics - Ed.). "Initially, specialists will conduct research in  the field of forensic, as this segment is dynamically growing today  and has a high potential for development," he stressed.  According to  him, at the start, the NRL will develop in the territory of the R & D  center of TSD. In particular, he noted that the first meeting of the  Armenian-Italian intergovernmental commission, which took place in  June this year, helped to establish cooperation in Rome.

For his part, Vice President of IDS Alberico Parente noted that the  company's representatives have been investigating the Armenian market  for several months already. In this regard, he stressed: "A good  technological basis has been formed in Armenia. And in general, the  state plays an important role in the region in terms of technological  development. "

Earlier on February 24, the government of the Republic of Armenia and  the company Technology and Science Dynamics signed a memorandum of  understanding "On stimulating the information technologies,  informatization, promotion of innovative and telecommunication  sectors", whose goal is to raise the investment rating of the  Armenian IT industry. According to the document, representatives of  the ICT sector will be opened in the embassies of 15 countries.

To note, according to the estimations of the Ministry of Economic  Development and Investments, the IT sector of the economy in the  result of 2016 provided about 6% of Armenia's GDP. At the same time,  as the executive director of the Union of IT Enterprises (UITE) of  Armenia Karen Vardanyan stated in an interview with the ArmInfo  correspondent, the IT sphere of Armenia can annually provide 45-50%  growth, noting that in recent years the average IT sector provides a  20-25% annual growth with a turnover of $ 500 million.

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