Global Tech Summit Gets Underway in Yerevan

Murthy thanked Pashinyan for the invitation and noted that he is glad to visit Armenia where the event of international importance for the IT sphere is held and to discuss issues referring to the development of the technological sphere, as well as issues referring to the prospects for cooperation.

“We consider education one of the key components for developing our country and at the moment we move forward in the path of implementing reforms in the sphere of education. Our IT sector records stable development with 20-25-percent annual growth. We have also set broad tax privileges for start-ups,” Pashinyan said.

Pashinyan also met with the head of Aerospace & Engineering Services of Mubadala Development Company Homaid Abdullah Al Shimmari. Mubadala is an international investment company operating in over 50 countries.

Pashinyan welcomed the participation of the delegation of Mubadala in such an important event.

“We have good impressions from the technological sphere of Armenia and we are interested in cooperation, particularly in the establishment of venture funds,” Al Shimarri said.

Pashinyan also met with Senior Vice President at Pixar Animation Studios Katherine Sarafian. Pixar Animation Studios is an American film studio located in California.

Welcoming Sarafian’s participation in WCIT 2019, he said, “Our goal is making the technological sphere a driving force for our economy and the cooperation with your company can be very useful for us. I think you will be able to find interesting platforms for launching technological activities in our country. We will be glad to see you in Armenia not only as a representative of Pixar Animation Studios, but also our compatriot whose achievements makes us proud.”

Sarafian noted that she was glad to be in Armenia for her fifth visit, where she last visited in 2011 during the opening of TUMO center for creative technologies. According to her, the IT tools and companies in Armenia have recorded an impressive progress. Katherine Sarafian informed that an effective cooperation has been established between Pixar Animation Studios and the Armenian office of PicsArt Company, particularly in the sphere of experience exchange of animation specialists and Pixar Animation Studios is ready to continue and expand the cooperation.

Pashinyan also met with Rajiv Ramaswami , CEO of VWmare.

Ramaswami  noted that back in 2010, when VWmare had just started operating in Armenia, it had only 16 employees, but now this number has reached 200. According to him, this fact speaks about the huge technological potential of Armenia, existence of talented specialists and the dynamic development of this sphere.

“We are very happy to invest in the sphere of human talents, which really exists in Armenia. I have only one request to you, add the number of the talents, invest in the sphere of technological education,” he said.