Armenian startups to present their potential at DigiTec

ArmInfo. Armenian startups will present their potential as part of the largest technology exhibition in Armenia, DigiTec. As stated in the message of the organizers of the exhibition, from October 4 to 6, a special platform, Startup Alley, will be created for startups within DigiTec, where the latter will have the opportunity to present their  developments to more than 100 investors.

This year, DigiTec EXPO 2024 will be distinguished by its content. In  addition to a separate platform for startups, the exhibition will  include the following areas: TecSquare - for establishing new working  connections and cooperation; DigiTalks - where information on the  latest technological trends will be presented; DigiInvest - for  participation in discussions on fintech; TecBalcony - for business  VIP meetings.

According to the source, over 200 companies and startups are expected  to participate, over 150 speakers will speak, and more than 15  international media will arrive. The number of participants in the  exhibition may exceed 30 thousand people.

The organizer of DigiTec since 2005 is the Union of Advanced  Technology Enterprises (UATE). The exhibition will be held from  October 4 to 6 at the Meridian Expo Center.

According to the RA Statistical Committee, the revenue of the ICT  sector in Armenia increased by 10.4% in the first half of the year,  amounting to 440.8 billion drams. At the same time, the services  provided in the IT sector alone decreased by 14.1% over the year to  186.8 billion drams. The production segment in ICT also showed a  decline - by 49.2% to 357.6 million drams. While trade in this sector  increased by 1.6 times, reaching 174.4 billion drams.