Sectorial Brochure IT Sector of Armenia/ BA | Page 10

THEY CHOSE ARMENIA, TOO! Over 200 foreign companies, from small development centers to R&D, design, coding, and testing centers, operate in Armenia. This is where companies prefer to relocate their business-related functions, such as marketing and customer support. D-Link Armenia is one of the company's three global research centers, along with those in Taiwan and Russia. Microsoft Innovation Center opened in Armenia in 2012. Its main focus areas are skill development, organization of trainings based on the technical needs of the IT companies looking to hire and startup acceleration. VOLO, a fast-growing Armenian IT company, specializes in software development. It was founded in 2006 by an American entrepreneur, according to whom the skilled workforce available in Armenia’s IT industry is one of the main comparative advantages of the country compared to its neighbors. 9