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Oct 10, 2008 14:05

LACK OF INFRASTRUCTURES, POOR-QUALITY INTERNET HAMPER IT DEVELOPMENT IN ARMENIA

ARKA
Oct 9, 2008

YEREVAN, October 9. /ARKA/. Lack of the required infrastructures and poor-quality Internet hamper IT development in Armenia, Vice-President on Strategic Market Development at Synopsys Inc., General Director of Synopsys Armenia Rich Goldman said.

According to him, favorable infrastructures (including uninterrupted power supply and availability of warehouses) should be established to attract major IT corporations to Armenian market.

Goldman stressed the necessity to develop the Internet - to raise speed and bandwidth and reduce the cost. Certain steps have been made recently in this direction, but much remains to be done in the country for development of the Internet, he said.

Among other weaknesses he pointed out the problems in customs and taxation fields, as well as educational matters.

A fundamental educational system exists in Armenia, but the problem is the lack of experimental basis and scientific developments due to insufficient funds, Goldman said. Yet, according to him, these problems can be solved and progress in IT can be achieved if the country shows will and cooperation for proceeding with IT development.

According to Armenian Ministry of Economy, foreign investments in information technologies sector are $10mln at minimum. Production output in the field grew almost by 30% (it was about $100mln at the end of 2006 - "AR KA").

About 190 companies are actively involved in IT sector. Synopsys Inc. came to Armenian market in October 2004 after an agreement on merger was signed between Leda Design and Monterey Arset and Synopsys Armenian open joint stock company was formed.

Synopsys has it offices in a total of 60 countries (North America, Europe, and Asia) with the headquarters located in California.

synopsys, инфраструктура

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