News - Armenia's tech sector soars with a 171% revenue growth since 2018.

A recent informal meeting hosted by Prime Minister Nikol Pashinyan brought together key figures from Armenia's thriving technology sector. Discussions highlighted the country's impressive technological development, noting a 12-fold increase in the number of tech companies and a 171% surge in turnover since 2018. The meeting centered around the promising digital future for Armenia, emphasizing the integration of Starlink satellite internet and the crucial role of artificial intelligence (AI) and education in sustaining growth. Pashinyan underscored the importance of these advancing technologies in propelling Armenia into a competitive global market, aiming to transform the nation into a regional tech hub. Attendees also explored challenges and opportunities facing the tech community, including policy implementation and investment incentives, signaling a strong governmental commitment to bolster the information technology landscape. As Armenia increasingly embraces digital transformation, the meeting served as a platform to strategize on leveraging tech innovation for economic development.