"DIGITEC BUSINESS" TO BE HELD IN YEREVAN ON JUNE 26-27

Noyan Tapan

Ma y 15, 2008

YEREVAN, MAY 15, NOYAN TAPAN. DigiTec Business forum on the use of IT
in various business sectors will be held at Yerevan’s Armenia Marriott
Hotel on June 26-27. Representatives of about 3,000 companies of
IT and other sectors, various organizations, state departments are
expected in participate in the event. The director general of the
event’s organizer – the Union of IT Enterprises (UITE) Karen Vardanian
announced that at the May 14 joint press conference with the heads of
the structures assiting with the organization of the forum: Mikael
Hovsepian – deputy CEO of the Union of Banks of Armenia (UBA) and
Arsen Ghazarian – chairman of the Union of Employers (Manufacturers
and Businessmen) of Armenia (UMBA).

According to K. Vardanian, the efficiency of business and its
competitiveness in the foreign and domestic markets are one of the
main guarantees of Armenia’s economic development. The introduction
and use of ICT in the various sectors of business contribute to
its efficiency. He informed those present that an exhibition will
be held during DigiTec Business, at which a number of ICT companies
providing services in the banking sector, mining industry, tourism,
health, education, trade, construction and transport will present
their solutions for business automation.

A. Ghazarian said that a more widespread use of ICT in Armenian
companies will help increase the efficiency of their management and
their financial transparency and to reduce the shadow economy. In his
words, Armenian IT companies also have potential for participation in
the programs on introduction of e-governance systems by the Armenian
government. He expressed a hope that the joint work of UITE and UMBA
on introduction of ICT will have continuous character.

M. Hovsepian said that UBA is interested in developing ICT in banks
in order to improve the quality of their work. Besides, the increased
level of financial transparency of enterprises engaged in the real
sector of the economy – thanks to the use of ICT at these enterprises –
results in increased financial flows through these banks.