Forbes names Armenia ‘tech powerhouse’ of South Caucasus
December 11 2023, 14:17
![](https://media.alphanews.am/wp-content/uploads/2023/12/11121603/%D5%80%D5%A1%D5%B5%D5%A1%D5%BD%D5%BF%D5%A1%D5%B6.jpg)
Armenia emerged as a tech powerhouse with the presence of global players and a vibrant startup ecosystem, says Forbes.
In an article written by Craig S. Smith, Armenia is hailed as the country with a fast-evolving tech sector.
“Various indexes show Armenia as the emerging tech powerhouse of the Southern Caucasus region, a legacy of its role as one of the Soviet Union’s top technology centers – the USSR’s first general-purpose computers were developed there in the early 1960s,” Smith writes.